OT: GNZR/SCNG.....
"Potse, are you aware of SCNG relationship to GNZR? Big name posters say SCNG should be at .50 right now. Your thoughts?"
Yes, I am aware of the relationship. From a purely trading/flipping perspective, SCNG might provide better opportunities to make money because of the volatility, versus just playing GNZR itself.
However, I think it would only be prudent to approach both stocks with a healthy dose of "awareness" regarding the situation with the SEC charges against one of GNZR's debt holders (see post I am responding to). Until GNZR CEO Matthew Krieg completely cuts all ties between himself/GNZR and Seven Palm Investments, and provides some logical insight into his handling of this convertible debt, I think it is wise to be a little bit cautious.
Regarding SCNG specifically: As far as I am aware, nobody really knows for sure exactly what the share structure, financial, and fundamental picture looks like at this moment in time. When SCNG stopped filing in 2006, the company was in a pretty messy financial condition. Debt, convertible debt, litigation judgement default, etc.
So to place a price target on SCNG is difficult because I have no idea how all of the above issues were resolved in the following years, and to what extent (if any) the retail shareholders of SCNG actually benefit from the value of those GNZR shares that SCNG received. For example, according to the last quarterly report in 2006 the preferred shareholders have liquidation preferences. So, that is something I would be a little concerned about until someone at the company can clearly define the current financials and structure of SCNG.
News 
Market Data 
Discover 
