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Concerning the AJW/NIR Group "settlements" while in receivership
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Thursday, August 09, 2012 6:14:06 PM
Concerning the AJW/NIR Group "settlements" while in receivership with PriceWaterhouse Coopers...
SSHS is indebted to AJW/NIR Group to the tune of approx $2,500,000
Now that PwC has taken over AJW/NIR in receivership, I was wondering if there would be some type of "Settlement", and if so, would it involve further debt issuance convertible into discounted shares mirroring the very same toxic floorless death spiral CD that started this avalanche to begin with.
Safeguard Security Holdings is a very real company, and according to past PR's, is generating significant revenues but has not been servicing it's debts with NIR Group, other than printing shares and dishing them out to Fat Ribotsky at a 50% discount to the top 3 deep bid.
Thoughts? - and do you have any links where we may be able to see the current status of any court docs pertaining to the companies that owe AJW/NIR Group?
SSHS is a ZERO x .0001 stock (that i own at .0001)
It has been DTC chilled for over a year now, but hopefully will be unrestricted soon. If this happens, coupled with a PR that SSHS has "Settled" with PwC -- then it is my thoughts we could be setting up for a perfect storm to make multi thousand percent gains on this one.
I've been following it for years, and have profited quite handsomely on the pops from .0001 to .0008 then .0002 to .0004
But if the DTC Chill is restricted, AND AND AND PriceWaterhouse Coopers lets SSHS slide on a large percentage of their debt to AJW/NIR Group, then this just could be the catalyst we need for a very high bagger, imo
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