Solo International, Inc. (fka SLIO)

[DD_dempsey]

Rs99- With SLIO trading clean the past month

In fairness, I wasn't looking at this the last time he moved substantially 6 months ago. What I have done is watch it the past 8 weeks.
I have also done a tremendous amount of DD and reached out the company.

I secured my position here on the 3's. I have huge bids in at 2 and have never been hit. I have gone after the 3's that are now few and far between. For example - there was 1 mil left at 3 Friday and Thursday. Then the 4's. There are only 10 mil at 4 showing up on level 2. Doubt many are AON as it would only be a one tick flip.

So we stand here now at precipitous with SLIO, there is enough interest here to garner a run since the technicals have all reset and the accumulation charts definitely allude to a pinch and this has coiled for several weeks even touching 4's a few times. .

The financials do t indicate anything substantial coming through in convertibles for several months. Await the next fins here but the reality is-- this SHELL is worth more than its current market value. That to me- is very valuable. If I were a private company - I would look for a company to merge with or provide a subsidiary- host has a great SS and decent o/s. Here with have 900mil a/s and 600mil o/s est. float is less.

So at trip3 - these are the almost same fundamentals we dealt with when this was trading at .0008-.0009
If you notice- a convertible came due and without buying pressure dropped this 50% and it hasn't recovered since.

The company has finished phase 2 on its Quebec property for REE's and that's very impressive and explains the NOL accumulated also making it attractive to a profitable subsidiary. Hey also announcing potentially closing on an oil deal and property in Kentucky and Ohio. We never heard of that closed and since they are audited - we would have, so my guess - we didn't and now we have a cleaner shell with the likelihood that the CEO has been looking for the right company to merge on or create suu similarly or JV deal.

That is the impression I got and this is the very bottom here of this stock. Don't care how long it takes.- accumulating here based on the solid DD, fundamentals and technicals of the chart for a breakout off the coil and psar flip on .0005