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Well I agree with you posting a letter to shareholder's on the company website would be the appropriate response. I'm sure Clark has had his hands full with issues aforementioned and disgruntled ex employees and consultants. None the less at least he has spent his own money also on this company and that should state his energy and intentions. My guess is that he is aware of dilution and the costly impact and has a plan in mind to achieve shareholder value. His own position as well as ours neccesitates it.The company is at an important cross roads with testing and I think every one is anticipating news with anxiousness and hope. Those that have already sold out are missing the boat imo but that is what makes a market.
Certainly you know that Clark can't respond to a private message board nor would he go toe to toe with HW on anything approaching that forum? Think for a second of the vast issues, history of ineptitude, toxic fundings, SEC mess, share structure orchestrated by former employees and accounting issues that these two inherited. The fact that it has taken longer than any would like to move the share price is a frustration however cleaning up these messes are essential regardless. Where were we getting before Clark and Estrella came aboard? Oh that is right, absolutely nowhere.
Agreed Wild, and the provisional patent potential will be judged on its own merits not through the opinions of GS, RB, or HW. Eastcor voted with funding and a Board member, I like that.
Agreed, likely a private transaction will clear them out soon.
All your opinions seem to be based on the so called "insider's perception of one HW.. Perhaps you should talk directly to Clark in these matters since HW has his own bias?
Agreed at some point I think it will happen. The company is likely to have a running tab of those remaining to sell.
Hudson Bay will not hold shares. They are toxic funders who got their take from mismanagement first by Huff and company and then through the manner the debt and legal issues were handled by Leinwand and company. What else is new? I think anyone that has really followed this company knows Clark has been the first breath of fresh air in years to resolve these matters including the SEC. Regardless of the share prioe none of us want to go back to the regimes and associations that put us in these messes.
Always amusing reading your posts too, love your bigness and never admitting you were wrong as in the SEC matter. Yet it is good to know you watch over this stock attentively while you have so much at stake. The share price reaction was fine in my view as Clark and Estrella have nothing to gain from a pump and dump.Either they create shareholder value with contracts and progress after demonstrations or they don't. Hmm would have been different with that 400 to 500k new entity I mentioned.. Wow can you believe it???
Whatever, how is your argument that the SEC would not settle with these rascals coming?
Ridiculous of course, have you looked at the shares outstanding and the debt? Oh I know just obfuscation, you have to be more logical than your argument? Or....?
Well actually you are quite wrong about the expense. Fairly easy to buy a no longer active company with a reasonably clean history and start a new entity. Around 400 to 500k would suffice.
Agreed "be real", contracts and revenues are the quest for making this a real company. Upon reflection I am of the opinion that without Clark and Estrella we would not even be wondering about that as the company would be gone gone gone. In any case their true meddle will be validated upon making their business plan work or not and that includes contracts or sale to a viable company that in turn will produce them.
Jet, really no point in pressing this issue as we have entirely divergent views concerning Estrella and Clark. I do know something of their reputations and believe highly in their credibility. Regardless time will tell.
If on the other hand they are simply penny flim flam men as you suggest then they would be moronic to take on such a sullied reputation as SNSR. How much easier to simply start a "new? low float enterprise with no "black sheep" reputation to weight it and no massive debt to struggle against? No they saw something in SNSR that led them to believe they could create a legitamate turn around story. All imo of course... No need to banter about as the story will unfold in due course and soon. I will either lose some money or make some decent profit, and you will either be right or wrong, nothing more at stake.
Of course if we want to "be real" we would acknowledge that should these events come to pass one could likely own some new shares for .50 to a buck. Yes it is speculative and yes it is cheap if the potential materializes.
Though to be honest thus far Jet has been wrong about the share price heading south to .03, has been proven wrong regarding the SEC and Clark's ability to settle. He admonished Clark for making a killing on his investment at .075 only to then predict he would lose his shirt at a soon to be .03. Likewise he decided since Clark was not written up in a short report he read on Butterfield Fulcrum he had nothing to do with the sale or putting the company in the state of positive US fund receipts to make such a sale plausible. Jet has been wrong about Clark but presumes that it is the same old SNSR so Clark is fair game. Well that assumption is not in the mind of the SEC nor is it in the mind of this shareholder. Time will tell....
Time to be real and acknowledge that Clark has done more with filings, settlements, crafting a real agreement on the Space Coast initiative and building towards potential success than the whole hoard of execs before him. May be time to consider that he is cut from a different cloth and has a positive plan and agenda?
Butterfield Fulcrum provides administration, middle office and risk reporting services to hedge funds, fund of funds, managed accounts, private equity and real estate funds. Headquartered in Bermuda, the company services more than 700 funds and has 10 offices in eight countries. Michael Clark was brought aboard as Butterfield Fulcrum’s CEO last year following a management shake-up. Former CEO Akshaya Bhargarva was replaced by Mr. Clark, a former president of Fidelity Investments’ institutional products group, to reflect the firm’s revised focus on the US fund industry.
Not that it is possible another reporter has a differing opinion of why Clark came aboard? Not that bolstering sales and concentrated focus on US funds might increase chances of a takeover? As far as the "engineering" of the deal neither of us can say conclusively what Clark was aware of at the time he came aboard as CEO of Butterfield Fulcrum. Often management changes happen before an acquisition to better facilitate it happening. In any case it matters not to me other than your ignorance at calling the guy a "nothing". Really your incendiary manner is more interesting than your opinions. Why constantly castigate someone you have no knowledge about when he has obviously been respected and garnered positive positions, with solid resume and credentials? Odd to me.. SNSR will go up or down based on product viability and contracts. I'd rather have Clark lead us in that battle than all the past execs combined.
OK Jet I'm sure your CEO relative was hired due to expertise in investment banking, mergers and acquisitions as well? I'm also sure that even though he would prefer to keep the company intact his opinion of purchase price, valuation and other considerations is completely neglected? Are we to assume you consider your relative CEO a "nothing" as well?
Perhaps before we attack someone we know nothing about we should consider their credentials, resume and the likely reasons they were made to head up a company? Perhaps the same people you consider responsible for "brokering the deal" decided that Clark represented the best choice to lead the company prior to this happening? Or should we narrow our focus to one reporter's summation and to hell with logic?
Really Jet??
When was the last time you were CEO of a company that was purchased and had nothing to do with selling it? LMAO Sound reasoning again wow let us bow to your reading an article and presumptions based on so much due diligence!
Agreed Cool, Clark obviously believes in the potentials of SNSR and Tao technology. Now we all await confirmation in the form of contracts and revenues. It is still up in the air as to final verdict. However Clark's sincerity has been effectively stated with his check book and staking of reputation.
Guess what Jet, I was responding to a Cole bash suggesting Clark was adrift without opportunity after cancer treatment. It is easy to see that was not the case. And yes this guy is credible and credentialed. If we wanted we could compare all CEO(s) to Ken Lay. Is that your point? Clark has spent twenty plus successful years in the upper echilons of banking and the financial community. Perhaps that speaks for something? Good heavens
Yes he was so out of demand he had to "settle" for becoming CEO of Butterfield Fulcrum. Just a tiny concern..
Glad that you think you know something about these resumes. Of course you were 100% wrong about the SEC investigation and settlement. Do you really think that the SEC settled with these two because they found them to be Huff like?
You can pretend to know something about these two all you wish but like the SEC settlement you will likely be completely wrong again. If you consider the likely salaries and compensation these two commanded it does not take an extreme leap of logic to suggest their due diligence and contacts among corporate leaders suggested positive promise. Not that a former CEO in charge of JP Morgan's 15 trillion worldwide securities services would know any one of import in the industry. I mean you have a .25 short on a penny stock on roto dial You have to be in the know.
Agreed be real, and SNSR has been in the infant phase for years now. Hopefully new management over the last six months at least has us crawling. The toddler stage would be quite an improvement for shareholders.
Keep on watching Rag!! Clark has proven you completely wrong about the SEC settlement and I would suggest you will be about the share price as well. Low volume holiday periods don't make a market and your projected rally is simply delayed. Of course as I told you months ago, the offer was the settlement and firmly negotiated so most of us knew what was only made official days ago. It was quite obvious to many longs.
Again you misrepresent my statements with your bright idea "acumen", this settlement gives potential to Clark communicating to multiple institutions and fund managers who he knows personally? Hmmmm tough logic for such an astute "investor" to grasp?... Look at his resume instead of your own small history and perspective for a change.
Wow Clark was only CEO of JPMorgan Worldwide Security Services, but I am sure "acumen" knows more about institutional investors? LMAO
Not in the least, I could care less what you think. Cheer for this company to fail all you wish. My bet is with more resourceful management (currently in charge of SNSR) thanks... Not that you and cole are not legal beagles and sniff hounds but I can read a settlement.
I think any of us with half a wit believed the settlement had been negotiated months ago when the offer was made and monies set in escrow. We had a halt to trial proceedings as well which gave a very strong clue. Now that it is official I expect the next 60 days to be quite progressive.
Cheering the lack of immediate response to this settlement is a bit silly. Now our Wall Street execs will be able to communicate directly with institutions that they know very well. January and Feb. should be positive and the share price will follow our business progress and ability to relate with institutional investors.
Once again you are simply full of hot air Rag. The SEC settled with NO admission of guilt on the part of SNSR. In no way would they have moved forward imo without due faith in Estrella and Clark and their corporate governance. These two negotiated the settlement and set in motion ample rationale for the SEC to settle this case. Your thought that this is a scam is not shared presently by the SEC.
YES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
This is how the trial ends, "not with a bang but a whimper"!
Regardless he is quite correct this was not the technology Huff was promoting. Certainly you are aware of that Jet?
All it takes is a settlement to cancel the trial permanently for SNSR. Hopefully they will press on with the individual perpetrators.
Yes the language is boiler plate and does not spell out any agreements made privately between Basis and SNSR.
The basic idea I was postulating is that it is easy to evaluate from Clark's resume that he knows plenty of investment banking houses once SEC clearance happens to choose from for any neccessary funding that may emanate. This is a small 500k add on funding that the new attorney for SNSR set up through Basis.
What I find funny is that someone actually thinks an exec with Clark's resume will use Basis after SEC clearance? Another Holmes style deduction, acumen anyone? By the way my understanding is that Basis is doing this for the company without cost or commission.
Once the inherited SEC fiasco concludes, expect significant change. All imo of course....
I would suggest that if Estrella and Clark as well as the funding sources for SNSR really wanted to screw the shareholders they had ample opportunity to do so through that vehicle. Buying shares at .075 hardly suggests such conspiracy. I could list a few examples of officers and funding sources taking control by doing .01 and lower fundings to maximize percentage of ownership, and yes even with a share price much higher than SNSR's .09.
And I'm quite certain the opposite is true Rag. Estrella and Clark are the best opportunity the common shareholder has to realize gains in this issue. As the world turns...
The market needs SEC clarity and clearance. New buying will follow when the company trades freely of this burden. Certainly off the radar for now as volume indicates.
Agreed it is completely asinine imo to suggest there is not an offer in front of the SEC. For someone to suggest it is probable that there is not is simply absurd. Really under the scrutiny of the SEC Clark and Estrella are going to file a fictional form 8?
Priceless....
Wow and sounds like every new officer or director for any and every public company? soooooo?? right
You obviously have a poor method of reading resumes if you think Seifert and Clark have much in common.
"To the moom Alice", by all means if you have a firm grasp of motivation and Clark's propensity for PR, its time to load into our little rocket ship. Does not take a rocket scientist to realize this is more than an offer.