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When it comes to SIML - no news would be good news imo. 10-k/a read it and Weep.
Do the SIML "weak hands" include Gary Tilden, Robert Stillwaugh, Michael Schatz AND Mr & Mrs Scott Sand?
All that the 10k did was to create some liquidity. Read it - SIML has nothing except debt and who knows how many shares.
Ask yourself one question. All of this volume for a company that claims to have 2,914,797 shares common outstanding and yet the pps is stuck @ .0001
Watch out - the sky is falling. Read the 10k - they have nothing.
I expect SIML to file a SEC 15-12g. Meantime, also expect that Sand and Tilden may try to squeeze a few more pennies out of this POS.
billy7460 Don't put the cart before the horse as there is absolutely no evidence that Cyberlux is getting government jobs. However, as has already been answered here, there is no requirement for Cyberlux to report anything to it's share holders.
Could check the current SEC filings. Oops - forgot - there ain't none!
The only thing that will be going anywhere is the share count - which - btw - nobody seems to know. LMAO
Good call shajandr!
At least it's consistent!
Agreed. Simlatus is soooo bad that even Sand and Tilden bailed out!
That's pretty good for a company that claimed to have 2,914,797 shares common outstanding as of 2-20-2018! 10Q filed 2/20 page 15
Coming to an end. They will not correct the filings - jmo.
Where is the 10K? My money says that they will not file - to costly and difficult to make current. SIML's days are numbered. Delisting possible.
Means nothing - just like Simlatus is nothing.
Why?
There is nothing "clean" about Ingen.
Was there anything about Velatel - formerly ChinaTel - for real? Btw - we are simply discussing two companies that NO LONGER EXIST.
Remarkable indeed. What "inventory" and what "retail stores"?
Those who followed VELA and CHTL know what a joke that was.
Agreed. Worth watching again.
SIML has serious accounting problems. No wonder that their accounting firm bailed out and that Sand and Tilden have distanced themselves.
The survival of Simlatus is doubtful.
They may be current as to the date of the filings but the filings themselves are not up to date nor factual. That will have to be corrected at some point soon. As for the accounting firm change, means little imo or
maybe a lot if it has something to do with the false filings?
Bring up the link and type in Simlatus. All of their SEC Filings will come up. Good idea to keep the link for future dd.
http://www.sec.gov/edgar/searchedgar/companysearch.html
Best to look up things yourself.
Mike "What Me Worry" Schatz changed accounting firms (SEC Filing June 18).
Apparently he is worried about something.
To promote (pump) a stock is one thing. To modify a Press Release by adding a company name to it is FRAUD.
billy Cyberlux may have started out as a real company (as in making and selling stuff) but found out that they could make more money printing and selling stock. Dead company, dead stock, dead money. GL
Only if you believe the shares common outstanding to be 2,914,797 as of Dec 31 2017! GL
Yea - fully reporting even if wrong. That will have to be addressed as filing false information is criminal and/or just plain dumb! Thing about Simlatus is that we have both - criminal and dumb.
Since my last RUMOR post generated so much discussion, here's another.
Rumor has it that Simlatus may be considering merging with Ingen and dusting off the 8000 boxes of Nasal Canoodles that are sitting in a garage somewhere in California. Could probably find the exact address of that garage but that would take researching years of posts.
What is my real point? One rumor has no more credibility than any other rumor and that I believe to be FACT - not any rumors regarding dormant stocks in dormant companies.
The stock. Assets - much less revenue - mean nothing.
The SIML bankruptcy rumor is just as credible as the merger rumor. FACT
Rumored that Simlatus is preparing to file bankruptcy.
Rumor.....is that TJ's Nails will be expanding into Suite A when Simlatus vacates.
Sand and Tilden used the door, probably the back door. FACT
The FACT is that there is absolutely NOTHING going on with SIML at this time verified by the FACT that there is NO volume - NO buying. FACT
Like Elvis, SAND and TILDEN have left the building.
IF there was anything at all going on here someone would be buying.
(think Sand and Tilden for a start) There is no buying.
The SEC filings will have to be corrected at some point. Does anyone know the share structure? I doubt it. They filed that they executed a huge RS -
and the share counts filed reflect that - but it hasn't happened. Not yet anyway. Does Stillwaugh know what he is doing. They will need to file corrections or a 15-12g and forget about it.
Speaking of filings - how much more is BS? Last year's PRs certainly were.
Totally agree. SIML - there is nothing left. One million shares ($100) of SIML will be worth 6 cents at best IF it survives and ZERO if it doesn't.
JMO
A $100 "investment" (1,000,000 shares) in SIML will be worth .0666 post split. 666 is the Devil's number - appropriate imo.
Correction: 10Q - not K.