Aug. 28 at 8:42 PM
$BBKCF
@Benny_Simone "Bankruptcy and delisting" isn't a thesis—it's complete fiction.
Let’s look at the balance sheet facts:
🔹 Zero Debt:
$0 in debt or loans.
🔹 Liquidity: ~
$11M in cash, cash equivalents, and treasury holdings.
🔹 Assets Under Custody:
$125M+ in customer AUC.
🔹 Compliance: The 7:1 consolidation cleans up the float (~50.8M) to ensure long-term exchange compliance and institutional access.
Bankruptcy requires debt service obligations a company can't pay.
$SRGE has zero debt, millions in cash reserves, and operating B2B assets.
To the board: FUD grounded in made-up facts isn't worth our bandwidth. We don't have to tolerate unhelpful noise while waiting for operational execution.
Spreading fake bankruptcy claims gets you muted. 🚫 Blocked and moving on to real analysis.