Yes that is agood point. We should do well here.

Several analysts predict natural gas prices will go much higher in the coming months.

Buybacks usually do. Nice move by the company.

Well maybe a shareholder lawsuit would do the trick imo. You are right. It is amazing what they can get away with. One of the reasons I try to post PR's on here is so we have a record of what was actually said in the pr before they go back and try to change the wording. For example, I believe that all references to the $1.4 million net gain were removed from the previous PR's in the fall.

You might have to sedate me though lol.

Why dont we both roadtrip to Danville and see if Mr. Bickel will meet us for lunch? I have some questions I would like to ask him.

I cant argue with that holter.

Investors were expecting larger earnings than what actually occurred. Then the company left off the auditors statement. Then the 10Q came out shortly thereafter with negative earnings. Hence the drop in share price. If positive earnings are sustained the stock will go up imho.

Detective, positive earnings would move the price forward.

Jim, put out a PR and explain where the other shares came from, why they were needed, and what the company's current and future capital structure will look like and what your stake in the company is. Show some transparency to your shareholders.

Maybe some or all of the other 100 million preferred shares from the January PR were converted to common and that is where they got the 500 million authorized.

"The authorized capital stock now consists of 66,000,000 shares of common stock, $.001 par value, and 100,000,000 shares of preferred stock, $.001 par value. Following the reverse split, the number of shares of common stock outstanding decreased from 2.4 billion shares to 16 million shares."

Hey Jim what happened to the series B preferred shares that were supposed to be converted immediately on a one to one basis? Huh? Were those converted like they were supposed to? Do you now have a stake in the commons?

S3 Investment Company Announces New Trading Symbol as Re-Capitalization Becomes Effective
Monday February 12, 9:20 am ET


TEMECULA, CA--(MARKET WIRE)--Feb 12, 2007 -- S3 Investment Company, Inc. (Other OTC:SIVC.PK - News), a holding company with two subsidiaries doing business in the China market, has announced that the reverse split voted by the company's Board of Directors has taken effect as of 8:00 a.m. Eastern Standard Time today. As a result, the company's common stock will begin trading as of the open of market today on a post-split basis under the ticker symbol "SIVC."

A Current Report on Form 8-K has been filed with the Securities and Exchange Commission regarding the re-capitalization.

On January 26, 2007, the Board of Directors of the company approved to amend the company's Articles of Incorporation to effect a one-for-one hundred fifty reverse stock split of all outstanding and authorized shares of common stock. The authorized capital stock now consists of 66,000,000 shares of common stock, $.001 par value, and 100,000,000 shares of preferred stock, $.001 par value. Following the reverse split, the number of shares of common stock outstanding decreased from 2.4 billion shares to 16 million shares.

The reverse split will affect all of the holders of the company's common stock uniformly, except for insignificant changes that will result from the rounding up of fractional shares. The reverse split will affect neither Series B Preferred nor Series C Preferred stock. The Series B Preferred stock is convertible into common stock on a one-for-one basis. There are currently 12 million shares of Series B Preferred stock issued and outstanding, and it is management's intention to have all Series B Preferred stock converted into common stock immediately after the reverse split has been effected. The one million shares of Series C Preferred stock issued to chairman and chief executive officer James Bickel as security on a personal guarantee he provided for financing are expected to be cancelled once the debt to La Jolla Cove Investors has been repaid.

The company filed the amendment to the Articles of Incorporation effecting the one-for-one hundred fifty reverse stock split with the Secretary of State of the State of California on February 7, 2007, a copy of which is attached to the 8-K filing.

The reverse stock split was undertaken to encourage investor interest and improve the marketability of the company's common stock to a broader range of investors.

To sign up to receive information by email directly from S3 Investment Company when new press releases, investor newsletters, SEC filings or other information is disclosed, please visit http://www.s3investments.com/ealert.php.

About S3 Investment Company

S3 Investment Company, Inc. (http://www.s3investments.com) is a holding company with two subsidiaries doing business in the China market. S3 holds a 100% equity interest in Redwood Capital (http://www.redwoodcapinc.com), which assists private Chinese companies in accessing U.S. capital markets by utilizing a network of investment banking relationships, and a 51% equity interest in SINO UJE (http://www.sinouje.com), a non-stocking distributor of medical and industrial high-tech products to markets throughout China. SINO UJE has been granted exclusive distribution rights in China to medical and industrial products manufactured by leading companies in Europe, North America and Japan. These products are marketed to end-users, including major Chinese hospitals and private companies in a variety of fields, as well as original equipment manufacturers (OEMs), such as Phillips, Siemens and GE, that package the products with their technologies.

Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. S3 Investment Company, Inc. undertakes no obligation to update any such statements to reflect actual events.



Contact:
Contact:
Gemini Financial Communications
A. Beyer
(951) 587-8072
Email Contact



--------------------------------------------------------------------------------
Source: S3 Investment Company, Inc.

The company should explain the rise in share count. Tell us why shares needed to be issued.

The majority of employees are employed in China. They are Chinese nationals. The business is in China. When doing business in China it is better to have employees that are actually based in China and are familiar with its customs. Get it now flaffy.

FSIN closed at high of day. $12.65. I would love to see it run to $15 by May 31.

And after they filed it they had their IR tell investors that they would continue to release 10Q's in a timely fashion.

Bitter,

I would prefer that he keep the FSIN shares. That way when they convert two or three other clients they will have a portfolio of different Chinese companies. And it will really help earnings. But that is jmo. People could buy SIVC and it would be like holding stocks in 3 or 4 different chinese companies at the same time.

This is what december said. But maybe it is still 28 million. I really dont know.

Posted by: december
In reply to: snow who wrote msg# 4494 Date:5/14/2007 5:00:58 PM
Post #of 4571

I was hoping to call Bickel today but I think it will have to be tomorrow........I think the share count is 122 million from the last time we spoke

Posted by: december
In reply to: mythbuster who wrote msg# 4504 Date:5/14/2007 6:59:09 PM
Post #of 4571

ohhhhhhhhh.............maybe i got it from someone else associated with the company.......way to go columbo

Scoobey I hate so say it but I do believe december regarding the share count. I would be surprised if it is only 28 million shares but that is just my opinion. I havent called the company in quite some time.

FSIN up to $12.50. Nice earnings from them.

Yeah I just did. Thanks. I will begin shorting them asap. Thanks Columbo LOL j/k

Well I will give them until the end of the month before I decide whether I was given bad information from the company.

Posted by: oilman57
In reply to: oilman57 who wrote msg# 3847 Date:3/9/2007 12:49:23 PM
Post #of 4562

Also the company did say they plan on filing future 10Q and 10K's in a timely fashion.


Posted by: oilman57
In reply to: snow who wrote msg# 3868 Date:3/10/2007 8:51:01 AM
Post #of 4562

Snow, IR made the statement. Jersey Boy heard the same thing from IR. That the 10Q and 10K will continue to be filed on time. That the (Form 15) filing was made a couple of days ago because they are in negotiations for a capital infusion from a group of Canadian investors. And that Jim is planning a trip to Europe to promote the stock. And that the ultimate goal of S3 is to get listed on the AMEX. All of this came from IR and Jersey Boy can confirm and you or anyone can find out the same information by calling the number that is listed in the ibox.

S3 Investment Company Announces Additional Reverse Merger Client for Redwood Capital Subsidiary
Tuesday May 15, 10:09 am ET


DANVILLE, CA--(MARKET WIRE)--May 15, 2007 -- S3 Investment Company, Inc. (Other OTC:SIVC.PK - News), a holding company with two subsidiaries doing business in the China market, today announced that its Redwood Capital, Inc. subsidiary has signed Changzhou HaiJai Metallurgical Machinery Manufacturing Co. Ltd. (CMMC), a leader in metal fabrication, as a new client for its reverse merger services. Redwood Capital has signed to assist Changzhou HaiJai Metallurgical Machinery Manufacturing Co. with efforts to access the U.S. capital markets through a reverse merger into a U.S. public company.

Redwood Capital provides an array of services to private Chinese companies and utilizes its extensive network of investment banking relationships to facilitate the client's listing on a U.S. public market. Redwood Capital relies on a highly experienced investment and corporate management team focused on the emerging presence of Chinese corporations in the global capital markets.

Changzhou HaiJai Metallurgical Machinery Manufacturing Co. Ltd. is located in the Xinbei District of the Changzhou High and New Technology Industrial Development Zone, which lines the southern bank of the Yangtze River in the northern part of the city. Changzhou, which is among the top 50 Chinese cities in terms of its comprehensive economic strength, has been characterized as an investment magnet due to its rich history, pleasant living environment, daily conveniences, respect for diverse customs, perennially congenial climate, solid industrial foundation, industrial diversity, good legal environment and government efficiency, and geographical advantages and low logistics costs.

Historically, Changzhou HaiJai Metallurgical Machinery Manufacturing Co. was a sub-plant of Baosteel Group, one of the most profitable steel enterprises in the world, with an annual production capacity of about 20 million tons. The main products of Changzhou HaiJai Metallurgical Machinery Manufacturing Co. include complete sets of metallurgical equipment and spare parts, electrical power equipment (including wind-driven generator boxes and large scale transformers), automotive parts, mechanical engineering parts, and large gearboxes.

Changzhou HaiJai Metallurgical Machinery Manufacturing Co.'s fabrication, machinery and assembly products are already distributed internationally to a select few significant foreign companies, and with its planned entry into the U.S. capital markets, the company is expected to expand distribution to additional worldwide markets. The company is also expanding internally with additional property and a new 200-ton heavy-duty steel structure workshop due to open later this month.

"The addition of a third new Redwood Capital client in as many months further validates the efforts we have undertaken over the past year to strengthen this subsidiary's infrastructure and internal capabilities," said S3 chairman and chief executive officer Jim Bickel. "By preparing Redwood Capital to handle a greater number of clients, we believe that it is now positioned to achieve long-term growth with greater return for S3 and its shareholders."

To sign up to receive information by email directly from S3 Investment Company when new press releases, investor newsletters, SEC filings or other information is disclosed, please visit http://www.s3investments.com/investors/.

About S3 Investment Company

S3 Investment Company, Inc. (http://www.s3investments.com) is a holding company with two subsidiaries doing business in the China market. S3 holds a 100% equity interest in Redwood Capital (http://www.redwoodcapinc.com), which assists private Chinese companies in accessing U.S. capital markets by utilizing a network of investment banking relationships, and a 51% equity interest in SINO UJE (http://www.sinouje.com), a non-stocking distributor of medical and industrial high-tech products to markets throughout China. SINO UJE has been granted exclusive distribution rights in China to medical and industrial products manufactured by leading companies in Europe, North America and Japan. These products are marketed to end-users, including major Chinese hospitals and private companies in a variety of fields, as well as original equipment manufacturers (OEMs), such as Phillips, Siemens and GE, that package the products with their technologies.

Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. S3 Investment Company, Inc. undertakes no obligation to update any such statements to reflect actual events.



Contact:
Contact:
Gemini Financial Communications for S3 Investment Company
A. Beyer
(951) 587-8072
Email Contact



--------------------------------------------------------------------------------
Source: S3 Investment Company

No kidding, the troup build up in Iraq would be gone because they would all be in Danville.

I wish they would set up a shareholder meeting. I have alot of questions that I would like answered.

Myth I honestly dont know what to think. I cant believe the guy would do an interview and say it if it wasn't true. But yet I fully believe the email you received. So I really dont know what to think. I guess I am just shaking my head in disbelief. I am beyond the anger stage.

I do not believe that is the case. I recall Jim Bickel saying something like YaSheng was an important component of Sino. It gives Sino inroads into China.

Are you waiting on the 10Q with baited breath? Will there be a 10Q? Enquiring minds want to know. FSIN should be releasing their 10Q shortly. If FSIN runs to $100 per share then S3 will be just fine.

Scoobey I thought the arrangement was like that thanks.

LOL

Once again we get to the real dichotomy of following this stock. The businesses themselves seem to be ready to launch and take off but the financing involved and the capital structure blows. Such is life in S3 land.

Ok guys, I feel much better now. I went on my bi-monthly rant. GLTA

Oh but Sino is profitable? Great Jim, that is really great to hear. But is S3's portion of Sino profitable. Now that is the real question. If you get 51% of the revenues but pay 100% of the expenses is that really a good deal? Is that even what the arrangement is?

This affiliation with MCF has really been paying dividends. What are we down since they announced that? About 80%? Great going guys. You people are real geniuses at work here. And yes this affiliation will enable you to access more advantageous forms of financing? Wow really? Heck I would hate to see what the alternatives were. Two supposedly profitable subsidiaries according to Jim last fall. And yet they have diluted the stock into the ground since then? Well that doesnt make a heck of alot of sense.

I wonder if the clowns converted the preferred shares yet?

When did you last talk to Mr. Bickel? Was that 5 days ago? If that is the case we are probably up to 200 million shares by now at the rate this company dilutes.

Natural Gas prices are up over $8 today. Anything over $6 is great so this is gravy.

Thanks I also respect you and your posts as well as well as pizza's, except I always get hungry when I keep saying the name pizza.

You are much too antsy. Go play golf, or grab your speedo and go to the beach. If I were moderator many of the posts here would be deleted. Follow the public releases by the company and stop all the speculating nonsense.

No dont. Let the company release information in a PR when they can.

Stumfoil #2 was a nice well producing at a little over 300 mcf/day. That is about $800,000 in revenues.