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Why would I have one ?
So Red, any surprises in the cc, anything that didn't jive with your correspondence with Ryan ?
Pay special attention to this << < 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/CEO Jim 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 >>> GUESS WHAT ? THE PREFEREDS WERE NEVER CONVERTED ! The one bright spot was the completion of the Fushi r/m, the only problem was they sold all the Fushi shr without ever telling shrhldrs. BEWARE !
Be carefull with sivc, this was the ceo's ( Jim Bickel ) after he took the co to pink sheets in late 2006 " As a result of an auditor consent letter that was inadvertently excluded from the recent 10-KSB filing, the company's stock has been de-listed from the OTCBB," stated Jim Bickel, chief executive officer of S3 Investment Company. "As soon as the mistake came to our attention, we began our efforts to file the necessary information and apply for immediate re-instatement to the OTCBB. This effort is ongoing, and we will have all of the required information filed as soon as possible. We thank our shareholders, in advance, for their patience " THEY NEVER WERE REINSTATED And this is the explanation for the r/s http://www5.sys-con.com/read/334919.htm BE VERY CAREFUL WITH THIS STOCK
.......and we wait..... and we wait........zzzzzzzzzzzzzzzzz
" Go to post # 5052 there's a link to the webcast, play it and listen ... now do you want the history of the r/s or the pink sheet fiasco ? Maybe tomorrow. In the meantime you can contact Abaxis concerning this like I did, Vladmir Ostoich @ abaxis .com he will tell you sfda approval never happened and the Bickel interview says it did, months ago lol Do some DD, I'll help you if I can.
Go to post # 5052 there's a link to the webcast, play it and listen ... now do you want the history of the r/s or the pink sheet fiasco ? Maybe tomorrow.
I'll try to find it, sounds like you don't believe so I'll be sure to post ALL the lies and b/s that was produced by these clowns. OK ?
Here it is "" Posted by: scoobey-do
In reply to: None
Date:5/15/2007 12:15:46 PM
Post #of 5885
The following is a reply to my e-mail to Andrew Beyer:
"There has not been any announcement, either by Abaxis or by S3, that Abaxis has received SFDA approval. The official announcement would likely come from Abaxis. The S3 press releases that discuss the SFDA status usually referred to "in anticipation of." Jim appears to believe the approval is imminent, and he was clearly being forward-looking in his interview. As the booth from the show that SINO UJE recently attended attests to, the introduction of the Abaxis product to the China market is underway."
The comment on the interview sounded like the SFDA approval was a fact to me. I will have to take interviews with a grain of salt in the future and wait for PR confirmation to take anything as fact. GLTA scoob
I don't believe thats true pickup, Bickel never said a word but someone in IR made a statement to Scoobey ( if memory serves me ) saying Bickel was assuming in his statement that the approval was granted. This is an e-mail response I received today from Vladmir Ostoich @ abaxis.com it states " Dir,
As you probably know, the Chinese FDA is in a terrible state of turmoil. After almost two years of work we stil do not have a registered product and, therefore, we are unable to sell it.
Sino UJE is an American company with extensive distribution network in China.
Sincerely,
Vladimir Ostoich
VP Marketing Pacific Rim >>>>>>>>> Thats it pickup, no approval, and should anyone think this isn't valid, e-mail Vladimir, its that easy.
So Pickup, nothing has ever been pr'd by Abaxis or SIVC concerning this. I've read you on r/b, I know you have more to say, the floor is yours.
Yes, abax b/s, you heard me right. Bickel claimed in a public interview that sfda approval was obtained for the abaxis products which turned out to be false. I confirmed this with e-mails exchanged with abax ceo Clint Severson who directed me to Vladimir Ostoich who said...
To:+++++++++
Cc: Jim Bickel <j-bic@sbcglobal.net>
Subject: RE: sfda approval
Dear ********
The statement in my previous e-mail is correct insofar as Abaxis has not
received jet a formal document from the Chinese FDA. Also, the details
for the distribution agreement between Abaxis and Sino UJE are being
worked out as we speak.
Please address further questions to Mr. Jim Bickel, CEO of Sino UJE
Sincerely,
Vladimir Ostoich,
VP Marketing Pacific Rim
Abaxis
The only other scenario is that Ryan wanted the sp to weaken further this week, knowing the Fri cc ( with all the other baggage ) would take it down. But WHY ??
Exactly, and too dangerous for most, hey its pinksheets, you get what you pay for lol People don't play these for money, its the EXCITEMENT they crave ! win some/ lose some
Thats is one reason for the weakness imo, a lot of traders consider that to be a sign of bad news that management hopes will dissipate over the weekend, again Ryan knows this too, I would have let it fly earlier and duck lol.
If you really believe that then why not buy some ? And please don't say its morally wrong, you have not pumped it.
My thoughts exactly, canceling would be the easy way out but have the same effect. Its a lose/ lose situation, thats why I really expect SOMETHING, I can hardly wait...
What do you disagree with ? I'm saying this stock is toast if he doesn't come through today, look at the slide, it will be the final blow. He will become a legend imo , just like Jesse James.
I think the only thing giving this life is the time span between the pink sheet fiasco , r/s , abaxis b/s ( and all the other lies ) and now. A lot off the old prs are old enough to be considered past history to newbies. Thats a good thing for the flippers, but how could anyone believe these guys will do an about face ? Thats the beauty of pink sheets, they always get to start over lol At least its back to being tradable, a definite step up.
Something doesn't add up here, ask yourself, would you even attempt a cc if you didn't have SOMETHING to say that will affect the sp in a positive way ? I mean why bother, he'd be better off releasing another " pie in the sky " pr. I hate to side with Dan here so I won't BUT I'll say this, if he DOESN'T have good verifiable news he is done and he knows that SO if he is that stupid to come on and b/s...... you guys can't quit blaming old management...shorts...bashers...mms... blame him period.
Hey Red, he's going to put the " bashers " out of work with posts like that, this will become a union matter soon lol
The moneys just waiting to run in here, just looking for a reason, all Mr Ryan has to do is give one...or two... hey, are you on the clock ?
I don't believe it, show me. Take one for the gipper. gl
I agree, its a disgrace.
I can't answer that, thx for the headache.
That " I " was that a typo ? lol
I agree with you, how about that !
Not a clue, prolly better not knowing lol
Momo, whether you like it or not creates investor interest. Call it trading, flipping, whatever. The co should be investor friendly, especially one that imo has let everyone down big time up until now. It creates volume, interest, starts getting pumped, more and more buyers AND sellers get involved. This LONG haul you believe in ? Don't tell me you invested here for the long haul, just went the wrong way thats all. You're trading philosophy is better suited for the big boards, not pinks, but you know that. gl
So whats your point ?
I see mirages all the time Red. I was surprised this hound ran the last time, this time I won't be. Helmer buttoned up it seems, on to bigger and better scams so ..... just one things bothers me, why the cc after hours ? What a waste of momo, should there be momo, or is it nono ?
Don't worry, if there's any meat in the cc, word will get out and you should see a few ticks, if not the fleas will be back.
lol Thats funny, tell me, what do you expect from the cc Fri. ? Do you believe Dan will surprise ?
" Via one of my recent emails I asked him to provide the shareholders with at least one verifiable bit of information, that won't jeopardize any of the projects. I hope for the company's and the investors sake, he takes that request seriously " <<<<<< looks like someone did slap you, ouch !
Thats one more than you've ever posted, LOL
You don't have a clue as to what this co and its ceo has done here in the past year or so, I do, so blow your smoke up someone elses.....
You have to be kidding, ask the " old longs " what they are into this for.... this little pop today is nothing. Do your homework, then we'll talk, this co has a way of turning a good thing into a bad.
One things for certain, if he's holding back news waiting for a better market day, give the man a high five. This market is getting slammed. Thats my pump for the day, you are welcome Dan.
Well, even Reds paper-boy gets paid, but why talk about his delivery every day ? This is Dannys ballgame, is he in the park yet ?
The in-crowd ? C'mon, you don't believe all those shrs that were recently gobbled up pre- pr didn't know ahead of time ? This stock was dead, it suddenly comes to lfe and the pr is released, its a no brainer. What happens now is anybodies guess, but me ? I wouldn't touch it until the financing is finalized. PERIOD !