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Re: PhantomRecce post# 20930

Thursday, 09/11/2014 1:42:53 PM

Thursday, September 11, 2014 1:42:53 PM

Post# of 38564
66 mil vol day on Friday was last day of STTK 4 Q trading calendar. now how company end up dumping around 40 mil in that day in pps of around avg .0018 a little mystery to me as well since buyers were from ihub momo traders.

but in positive note we now know there were only $370k ASC settlement debt left as of July first and 117 mil in o/s.
now that $370k possible already cut in half by end of that high vol Friday and company only dealing with possible only around $150k of bottom line in ASC remaining debt.

o/s possible at around 200 mil by now but look at what STTK accomplished by almost reduction of 80% of ASC court settlement amount of $766k or up to $1.1 mil original estimate from past filings.

there were around 10 mil in bid another day in between .0013 to .0017 and seem company not willing to dump couple hundred mil in trips or seem not even at low .001's and there are no reason since ASC debt already meltdown to level that possible we see an 8-k as STTK barrowing more money from redwood in order to total payoff of ASC and at the same time extend redwood notes maturity to mid 2015....IMO

I'm absolutely bullish on STTK for huge bullish fall and winter trading period....IMO



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