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why is that dogone?
been in this puppy as long as anyone here and have ridden all the way down. taken my tax losses and watching.
but with this stock, always take the 2-3 bagger. you will get your chance to reload again...
good to hear richagain still around.
brrtks
Aloha Rich. You still around here? Anything going on? Heard from Velvet lately? Know he was having some physical ailments. Hope all is well with all...
BRRTKS
What happened to all the guys who claimed to have first hand knowledge and personal relationship with Sam? Did they throw in the towel or are they just sitting and waiting like the rest of us.
When I win the Mega Millions tomorrow night, I'm buying this company.
Slice8 BRRTKS
thank you for posting about yourself tanail. that was helpful to all of us. if you lost a ton on a penny stock, you have no one to blame but yourself. penny stocks are a 100% gamble, crap shoot at best. no reporting. pump and dumps. no reliable info, etc, etc...
good luck going forward. take care. maybe see you on another site. so long.
at this point, you can only hold and pray. there is no reason to put new money in. we have all averaged down several times.... Until there is news from the company, just hold and pray....
I was on that call!!! Nice pass on our part.
Remember the old days when "Sam was in Russia..." Does he go back there anymore? Anyone know that one.
my guess is you listened to a bunch of hype and never did any due diligence of your own. had you talked with anyone at the company, you would have realized this was a total gamble, not unlike every other non-reporting pink sheet stock. I spoke with Sam on several occasions and there was nothing that he personally said to me that led me to believe this was anything other than a 100% risk play. I went in with the understanding that I could lose it all. I think most experienced investors in any stocks, let alone pink sheets, would understand that.
But you just listened to the hype. shame on you. but I am glad that you have decided to move on. maybe we will see you on another board. so long on this one. your value here has been immeasurable.
and no reason to believe there will be one soon....
assumption correct.
I apologize if I offended anyone else on this board. Just tired of guys like that. Lose some morey, then cry and whine endlessly. No life, nothing better to do.
good to hear from you rabbit. missed your extremely valuable posts. similar to your posts on other boards, but missed them the same. I figured you had run out of money by now with some of the picks I have seen your name with.
Ok, thats done. Now get your carrot and go back in your hole. Hop along now. Come back in a couple months.
Everyone who reads this group has been fairly warned that an investment in SPRL, or any nor reporting pink, is an extremely risky investment. No one should play without the possibility or even expectation of losing your entire investment. simple as that. cant shand the heat, get out of the kitchen. cant do your own DD and make some calls to the company, you are at the mercy of people you do not know. simple.
You picked the wrong stock or listened to the wrong source if you thought there would be eminent news coming and a quick flip. The company has been tight-lipped for a couple of years for various reasons when it comes to releasing news.
This is a buy-it and put-it-away kind of stock.
This is IMO but any degree of DD and common sense would have bourne this out....
You were the one who reported a "possible rumor". What happened to your rumor source?
That would get me closer to my cost basis.
BRRTKS
I would argue that those are obvios observations. I stand by them. I do not think they are bashing at all. I think they actually mean that the company is not a pos every day penny stock. All IMO. Is that better?
PC, I think you need to chill, take a pill and take your gloves off for a while. I know how bitter this board has become, but I am not your problem.
You need to read my post again. Or have someone explain it to you. I never said that Sam was not working on a plan or that news was not coming soon. I said there was obviously nothing to report or it would have been reported already. I know the dilution was used to keep the company afloat and going forward.
Dont think it takes an Einstein to figure that out PC. Nothing in my post was rabid as you seem to make it. You are now playing the same game as the bashers PC.
I have spoken enough with Sam to have the peace of mind needed to have some patience. I dont watch the share price every day because I am not a flipper. I have averaged down several times and own enough shares for now.
Things can change very quickly with any penny stock for sure. But not fast enough to cover my cost basis. That will take time and a history of proven results.
If you read my post as negative and trying to run off people, then you are the fool. If anyone buys or sells this stock based on what anyone else on this board has to say, then they are the fools.
Get a grip PC. Act like an adult. People on here who have been around 3 years and invested for more that 20 years know my gig and what I meant.
PC, I would wager ANY sum of money that you want, that my first purchases were before yours and that my average cost is higher than yours, and that I have more dollars invested in this company than you.
I am not proud. I am embarrassed even. But I knew the risk.
There was no wimpering or bashing in my post.
Profit,
With all due respect, I have been in theis stock as long as anyone here with a couple exceptions. I bot this stock as high as .20 (not proud there!!). I was a member of the private board. I was on the private placement conference call. I have had two dozen discussions with Sam personally.
I make NO personal attacks on hom at all. I understood the risk when I got in, I understand the risk now.
But I dont believe Sam would sit on news that would help the share price of the stock that he has had to dilute for the last 2 years to stay in business.
I have followed this board since BEFORE you were made moderator. I know the spit and lies that have been thrown on this site. That is why I rarely post and that is why I rarely even read it any more.
And I hope you are right about the share price moving up on news. But my gut, and 19 years as a broker, tell me to take caution. There are too many flippers here now that would gladly bail at .0008, .001, .005, .008..... you get the drift.
Kindest regards to the OLD longs here, Rich, Shadow, Lazy, Benz, etc...
I meant no harm to any of you. Im still in the boat with you.
BRRTKS
Couple of things worth mentioning:
Sam has diluted 600,000,000 shares just to keep the company afloat. If there was ANY news at all, anything positive at all, he would have released it. The cost to the company of having the share price this low is incredible. Any news at all over the last year would have saved this company hundreds of millions of shares. There simply is no news to report, no revenues to report at this time. Maybe one of his ideas will stick, maybe not. But his ONLY means of even trying to make something happen comes with the expense of issuing additional shares. And that will end at some point as well.
Flippers rule the share price now. The share price at these levels makes any real increase down the road nearly impossible. There are 600,000,000+ shares ready to flip at extremely low prices. The only buyers down at these levels are those owners averaging down. When/if the share price increases, they will stop buying. The big issue will be finding new buyers. And with the history of the company/releases/promises, good luck finding new "investors"!
The only thing to do is what Velvet has said. Put the stock away, dont look at it, and maybe one day.....
been away from the board for a month. looks like nothing has changed yet.
anyone have live market?
anyone have updated outstanding share figure?
excellent question to ask yourself. I asked same question to myself after the last five times I averaged down.
people see these little spikes, buy shares, then price drops to lower low. pattern there.
only way I would buy more is on news. real news. real revenues.
but that comes after the previous five average downs...
sitting and waiting
brrtks
why would you think dilution has stopped?
Rich,
How you been? Aloha.
BRRTKS
hard to figure who would be buying in here. I would have thought all the average downers would have done so a few times over by now.
thank you pc for the updated market.
what is the current bid - ask?
and when did americans land on the moon? and elvis is alive, I had lunch with him today.
how about any news at all for a start. the volume would follow. any news at all. at this point I would not care if it was bad news even...
you look at a chart on this stock? a chart? give me a break. A chart is worthless on this stock.
based on same as all of the others probably. nothing better to do or refuse to take amy of the blame for buying decisions...
If I didn't own so much of this stock, I would be rooting against the stock just because of you. You are such a whiner.
I doubt you own any shares at all (which is more than I can say for myself unfortunately...).
Take your tax loss and blame it on yourself for being such a jackass for believing a pink sheet bulletin board instead of doing any DD of your own. No one to blame but yourself, bottom line.
Go away then, please.
anyone that claims to have serious money invested in a penny stock should speak with the management. there is plenty of risk in penny stocks anyway, no reason to put money into a company without doing some due diligence.
if its nothing more than a few thousand shares, then go ahead, take a shot without doing any dd. most penny stocks fail anyway.
what is the cutoff for "coming weeks"? not sure you should fly with the "liar" call. when was the last time you spoke with Sam?
I never said to be "kind".
I was just trying to prod the so called "investors" to make some effort to contact the company and Sam in particular.
What good is whining on an internet chat site. Do something worthwhile--call the company and complain to them!!!!
My guess is the majority on this board bot SRPL hoping for a quick flip. They did no DD of their own and prob bot on a recommendation from someone they do not know or someone who "heard" about it...
I have spoken enough to figure out that dealing with Russia is not a quick solution type thing. They are overly cautious about outsiders. Nothing gets done fast, and rarely gets done as agreed on in early negotiations. They need the technology, but are wary of partnering and losing assets.
I have spoken enough that I have decided to let it play out. If I lose everything, that was the risk I took going in. I still believe there is a chance of success. I am not one of those guys who believe the share pprice will rise above .10, at least not in the near future anyway.
And I probably have a greater dollar loss at this point than any of you guys. Been around this one for 3 years, averaged down several times. No more buying, but I am content to wait and see if Sam can pull it off. But SPRL is like any othe pink sheet and the odds are stacked against them, same as other pinkies.
rickj,
I doubt any of the complainers has ever had contact with anyone at SPRL to have a serious investor call.
dont we all at this point?
Then why would you still own shares in this company?