Reward-cycle dependency
Ontario
Joined March 2025
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Paragon_73 retweeted
Almost like this is a set up prior to some more Equity share awards - all this from a fluff pr - as their shareholders (all) are down 80-90% from there shady ways.
Paragon_73 retweeted
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As a shareholder, some context: this company was facing a liquidity crisis and going-concern warnings, running an unprofitable pet food business that posted a $3.2 million operating loss in its latest reported quarter. The "no debt and $60 million in assets" line is polished PR. What actually rebuilt the balance sheet was Eric Jackson's AI platform — and the ELOC, a $50 million equity line of credit with Keystone Capital Partners. That is dilution, not operating business .
$SRXH
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On October 27, SRX Global posted a celebration of its CFO, Nina Martinez, for making the Tampa Bay Business Journal's 2026 40 Under 40 list, from more than 400 nominations. The post credits her with the restructuring, the $55 million acquisition of EMJX, and a debt-free balance sheet with roughly $60 million in treasury assets.
Let's be clear about where that balance sheet came from. It didn't come from operations. Halo sells about $3.4 million a quarter — at a loss. It came from dilution: 268 million common shares, 117 million Exchangeable Shares, and 44 million warrants issued in the EMJX deal, taking book equity from $0.4 million to $143 million in one stroke. And $80 million of that is intangibles — the booked value of Jackson's platform itself.
The liquidity that made any of it possible came from Eric Jackson. Investors didn't show up for a pet food company. They showed up for Jackson, his platform, and his track record. I know of 0 shareholders - who put money into this company for any other reason.
And yet the post celebrating the EMJX acquisition doesn't mention Jackson once. The same week, Jackson scrubbed SRX, EMJX, from his bio, his weekly AMAs went silent, and he told a shareholder he "wasn't involved in cero at all... I don't know a thing about it." The man who built the thing is being erased from the story while executives collect awards for it.
Meanwhile the stock sits at $1.01, down more than 90% on the year, after kissing $1.00 twice in a week. Shareholders paid for all of this. Shareholders are the ones holding the dilution.
So here's the question shareholders deserve an answer to: Are these clowns positioning for equity stock awards? For doing what exactly? Halo Profitable is the only way they should get this.
