Mr. J, Nelson,
The company has always been headquartered and incorporated in Vancouver. Hence, the "F" (foreign) in SNLMF. I'll bet you thought it stood for something else :). It was the Canadian LD market they failed in, although there was even more opportunity there than here. How previous management failed is another "black comedy" of errors which I won't go into. Some time back, Dennis stated that one of the goals was to make it an American company and get relisted on the Naz. Still waiting for that.
At last count, the float was about 55 million shares, up about 30 million since the reorganization. Of course, that doesn't mean that there isn't a printing press somewhere :). It's been some time since we saw fiancial reports (should be due out soon), so actual share numbers are a little hazy.
Hopefully, financials will touch on things like revenues, EPS, etc. Although in the "e-xxxx" field these often take second place to hype. That's a statement about the sector in general, not this stock in particular.
Thanks for your interest.
Best regards,
AD |
