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Let's hope for an update soon in regard to info about shipping, the lack of which (in light of expectations) seems to be driving the price down.
they had to wait until I had other plays to make...went up on nothing and no volume.
Cheers, I'm in too!
I bought all I could today. Better now than (even) later, I hope!
Hope our ship is coming in and sailing soon!
loaded my truck....GL CWRN Longs!!
Thanks for all the DD here!
This is running on speculation of a buyout or for some other reason? Is PSRU coming back from the grave?
Prosecute Dean that mofo to the fullest extent of the law!!!
I think it will.
I agree.
Thanks, I'd like to hear as well.
Thanks for sharing. Looks like a good team to be part of.
50% gain and immediate pullback to .001, all on the same day.
It dropped back just about as fast as it ran up for no apparent reason.
Looks like .000x is on the way. We need some forward progress.
if the last financials weren't very good, then the sales must not be very good, even if biel's products are being 'distributed' everywhere?
are we expecting better sales/have there been? or other reason to believe their financials will improve?
do we have any reason to believe (now, in relation to it's prolonged application process) that fda approval will happen?
No volume?
I'm hoping for better outcomes in 2011. Go SSBN.
I agree. Not to mention that IR failed to respond to my queries when I had significant, genuine questions as a shareholder, as I posted in the past and which led me to sell my shares (on top of other concerns). Both the listed IR, Steve Parent, and Karl Baum failed to reply to my reasonable questions. That is really just more icing on the cake of this current debacle -- you are right that major personnel changes are in order, but beyond that this could be a far bigger problem than simply failures in personnel to live up to their obligations...I will wish anyone luck holding SNEY shares. It is going to take some work to establish credibility here IMO, not to mention plenty of bashers who relentlessly want revenge on same mentioned person(s) for perceived wrongdoing in the past with previous companies. If you weren't worried before, you should probably be worried now. I'm glad that I'm out. SNEY is going to be playing the "how low can you go" game. New management in SNEY should clean house right away.
It was a total lie and/or major F up. Whether or not SNEY will be just fine going forward, I doubt it will be just fine in the short term -- major credibility issues with that kind of nonsense. What else are they PR'ing positively that they are exaggerating about etc? Plus I'm concerned about their licensing ala Admiral's claims that SNEY has no right to mine the concessions and claim whatever they find...but he could be completely full of hot air on that point - I just don't know...but this was a major F up on SNEY's part however you look at it and/or she backed out for some reason that is not good for SNEY. Maybe it is ultimately a non-issue, but I doubt the market will act that way without a sufficiently conter-positive PR -- but have they lost their credibility as a result for the immediate future? If you want to get cheapies, at least you will probably have a chance now.
I'm holding mine for the run.
There seems to be an endless number of shares to dump. WTF?
let's see some more ask slapping and no more bid whacking. time to go up again.
The selling should be basically over and start to move higher if there is not a huge mass of shares out there to worry about. I'm surprised that we are not sitting at least in the .002's
Who would be selling down here?
I'm just saying IF mass selling continues. Otherwise I *expect* a green week ahead.
Yeah, it's whoever controls those formerly restricted (whatever became of them) shares - good point. Whoever controls those shares is definitely the culprit (if they are not restricted any longer).
Another day/week of mass selling I think would confirm former management is up to no good here. Otherwise I expect a green week. All IMO
Whoever dumped was a moron for dumping at throw away prices. I do suspect it was previous management, at least a good portion of it. I hope you are right that the throw away dumping is mostly over.
SSBN is severely oversold -- that's what happened IMO
I can hardly get over how huge the volume was today and IN THE WRONG DIRECTION. Granted the positive phone call with JB today...but then again there is always room for doubt. Let's see what tomorrow brings.
I'd like to see what it takes for this company to gain share value from here and on what volume....and whether these sellers have a limitless supple of shares to dump or what!
I may have gotten in again too soon today (for the 2nd time) as well, we'll see. You're right the selling never let up all day. If the seller would just relax for a minute more money could be made (for the seller), but seller must need some quick cash.
I'm optimistic that this will be trading at .01+ once again, but I have no idea on what time frame that will happen (other than within 6 months, hopefully a lot sooner). I'll be happy to get back to the .003's+
I just spoke to Jeff Betros.
He believes these prices are "insane." He/they have been recommending to family/friends to buy shares, and they were buying at higher prices. They are holding. This doesn't seem to be dilution -- they are baffled as well as we are. It seems to be previous holders of the shell before the switch who are selling?
Jeff called me back right away and seems like a genuine guy. In his opinion this is a great company, and the gist of it seems to be that the market doesn't really understand what SSBN is all about now, in the confusion of taking over the shell and so forth.
I would recommend calling Jeff, as I cannot adequately express his comments, other than I take my conversation with him as a vote of confidence and I just bought more at .0017
The proper website is:
http://usfinancialassets.com/
See investor relations and news. Calling Jeff would be a good idea if you are concerned about your investment.
I believe that once SSBN is more fully understood, and with likely forthcoming PR's, that these prices will be a bargain (at some point).
They thought it would be trading between .05 and .10 at this time...so they are baffled. Eventually the selling should stop, better understanding and developments...and with some patience this should be an easy 5 bagger from where it is now .01 at least IMO (although I wish I could better express what he had to say about the company and management...so call Jeff).
I see the price just downticked again...hard to time the bottom, but it shouldn't last forever IMO
It looks like a mass run for the exits. I hope you are right to buy more, but I'm not so sure. I don't need another tax right off.
I hope so, but I wish I waited another day before I got in...
Same here, just under 600k at .0035 -- good luck to us (all)!
Good luck to us on this one...I just bought in at the low (so far) of the day.
I threw in a low ball bid at .0035 and it filled. Go SSBN!
I was unimpressed with both Steve and Karl's failure to respond to the legitimate questions that I had. After Steve's failure to address my investor concerns (albeit were not as concise as they could have been), my request for more info/questions about the supposed REE's on their concession addressed to Karl and CC'd to Steve was also completely ignored.
Either they do not have an investor relations department, or they have completely failed to impress me in that capacity.
Is this another sad story?
Anyone with enough patience stands to make a nice profit buying at these levels IMO