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Re: FunGuns09 post# 24975

Saturday, 01/17/2015 10:43:08 PM

Saturday, January 17, 2015 10:43:08 PM

Post# of 60692
Has been communicated to the CEO about the A/S. His response was that in order to be economical, he would issue an 8K and announce all the company activities at one time. His reasoning is, if you do not create any unnecessary debt, you don't have to search for ways to pay it down. Although the current business is creating revenue, it is not profitable.

The OTC Market site used to have an L2 screen for the STOA quote page. But that service costs about $3600 a year and was eliminated.

Unlike previous CEO's creating debt at shareholder expense, Brent is very cost conscious and trying very hard to use as little of the $300,000 cash on hand.

Just my personal opinion, but I think we will hear from the company within a month, about the A/S reduction and a merger or joint partnership of some kind. He took over about 60 days ago. When you move from one house or apartment to another, how long does it take to get things the way you want them? Think how long it would take to get a handle on what you have to work with as a CEO and then search out and negotiate with another business entity to add value to a company such as STOA? 3 months or 90 days to accomplish anything business wise would be a pretty good accomplishment, I would say. But, he seems dedicated to the task and it would not surprise me, to hear something soon.

Again, just my opinion. And I do like being ahead of the crowd, for when things start to pop.

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