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I don't know. I am wondering if the CEO turns this around and the stock price goes up, but it's not how he said it would happen, is he a liar? There are a lot of accusations of him being a liar when things don't go as planned. Would this be an example of that?
Yeah, but he lies, right?
So if the stock price increases and he doesn't do a RS and the stock doesn't get diluted, is he a liar and is the company still not worth investing in?
Fair enough. I appreciate the honest answer.
I think someone missed the point. There will be no optimism allowed!
I have no idea how much this company could be worth. It would be nice to get an update from them. At least we could then play with the idea - hypothetically of course.
Wait, what does hypothetically mean.
To me, all stocks less than a buck are a stinky pinky because there is always a chance that things can go bad. I just happen to think this particular one has a lot of potential despite what is said over and over on this board.
News is coming soon, too. I guess its a race to see who's "soon" will come first.
I'm only in this for a few hundred bucks. I can't imagine how much you need to lose to make you want to save the world one pinky investor at a time. Its a noble thought, but come on, LTNC is a stinky pinky. I hope that Ryan can pull this off just so a couple of folks on the board can make their money back.
How does that Taylor Swift song? "Haters gonna hate, hate, hate, hate, hate, hate.....
Hind sight is 20/20. To an investor from 30,000ft, it looks like a scam. I'll bet if you had an insider's view as things happened chronologically, you might think differently. You do whatever you need to do at that particular time to keep the business going. Is it ideal - not always, but it is always done with the idea that things will get better.
By the way, I'm not defending the CEO here. I'm just saying that its easy for us all to point out the mistakes when we really don't know the whats and the whys of all of this.
I guess I'm just an optimist and don't see the need to be a pessimist so much.
You've obviously never run a small startup company. In business, when you think something will cost a dollar, it ends up costing two. When you think something will take a day, it takes two. When you feel good about your team, one quits, or one wants a big raise. You need to expect to get 3 jobs just to get one.
As an entrepreneur, you are always positive and always project positive, but it doesn't always workout as you have planned.
And when things seem to be going well, the bank calls and wants something that you hadn't thought of.
You do anything to keep the business going.
I think this CEO cares more about the business and less about the stock price. Does he care about you - or me? I doubt it right now. He cares about the business staying healthy.
I'm sorry that some have lost so much money that they are so bitter. I think we're in a hole that we can still get out of. I haven't given up, and I hope others don't either. There's still opportunity here.
It's also possible that Slaz just put down a bunch of dashes just to make a point that there is a company, but he doesn't know the name either.
Slaz, I'd like to buy a vowel...
I agree with Ryan's Tweet and I think with some patience, we can all make a bunch of money. There are a lot of people here who are looking for a quick "something" bagger and are disappointed with the stock price. I get it. I also believe that LTNC grew faster than it should have, but I also see a CEO that is working to get rid of toxic debt by paying with shares. It kills the share price, but if the company is recovering from the toxic debt and from growing too fast, then I say who cares about the stock price right now. Forget the flip and stay for a while. There's money to be made.
Like a wrestling match. Wrestling is real, right?
...for news
I agree this is well articulated, but I don't agree with the premise. I realize big money may have some influence, but what your suggesting is that Boost Marketing is forcing Bob to make a working surgical device that must pass FDA scrutiny and then European scrutiny and then Canadian scrutiny all so that they can pump shares and make a profit on the pump. And they've been carrying on with this for 10 years? I'm admittedly new to all of this, but that is not common sense to me. In fact, no place in my mind can I find the logic for that.
I agree that the company, and specifically sales, is not run well. I'm glad there are 15 new hospitals but there are thousands out there. I wonder how many they contact on a regular basis. I wonder home many hospitals over all use their equipment. Maybe that number doesn't matter, but the growth year to year does. I just assume they have 16 hospitals now and things can only get better.
As for the reverse split, there is just as good a chance that this goes back up to $.024 as it does reverse splitting. I know you will say look at the history, but the pps was well under a penny and then went to 2.5 cents and this happened since the last reverse split. So to me, history says the pps can go up.
I respect everyone's opinion, though I may not always agree with it. Thanks for your non-sarcastic reply. It's a better way to communicate.
Agreed. All posts taken with a grain of salt. At the risk of someone telling me I'm a fool, I still believe something good will happen. Hope is not a investment tool, but I have some of that, too.
In your opinion then, why do you think he would waste the time, money and energy to get the CE cert and the Canadian approval? I understand there is dilution going on, but why bother going through all that if not for something for the future.
I agree. Who has the time to argue the pros and cons, except two people, of SNDY. This board is too negative. The only positive person is doing it on a bet. Why bother.
Everyone is holding out for positive news that we keep hearing is coming.
Can you show where the 10k goes to their salaries. I haven't seen that, or are you speculating?
I don't love Bob. I don't know him, and I have no idea how much he makes in a year. Do you know? I know there was something a couple of years ago that showed he was paid to stay with the company. So you're saying he gets that salary every year? I haven't seen that - or are you speculating again?
Blah, blah, blah...I know the history. I want to know if there is any insight from someone closer to the company than the posters on this board. We can all speculate, calculate, extrapolate and simply guess, but in the end, it's just a guess. I am just looking for another point of view to chew on.
The financials are only for the past 6 months. I'm only saying that $10,000 per month is not making anyone rich at Solos.
Slaz, has your contact in Boston suggested anything about a reverse split? Since it comes up daily, I'm wondering if that person has any insight.
Also, if there are negotiations going on, why would they need to do a reverse split? They don't need to look attractive to whoever is looking at them, they are already looking. What's the difference?
I only looked at the financials briefly (and only on my cell phone) but it looks like they only raised $65,000 from the sale of stock in the last 6 months. $10,000/month is not much money. I own a small business and that would cover my payroll only, and there are only two of us. Any dilution is to keep the company going. No one is getting rich at SNDY - including share holders.
What do you make of the Graffiti website? Someone changed it. Why have a coming soon sign if nothing is going on.
Do you know (or think) that there are any employees at SDVI? I don't think Matt is a programmer. Is there someone someplace doing something for SDVI? Just curious about what you (or anyone else for that matter) thinks.
Thanks, Johhny
What is the graffiti ticket symbol?
Johnny, I clicked on your link and it didn't work. So I went to GraffitiEntertainment.com and it says "New Website Coming Soon." Is there really something going on someplace within this company?
This is a real question-not trying to be sarcastic. How do you think Mart has benefited since taking over? I can't imagine there is, or has been any money to pay him substantially. I don't think he made out with stock options. Maybe he got a free copy of reader rabbit. I'm not saying he's done everything right, but I don't think he has benefited financially. I don't blame Mart for the mess. I do think he is a terrible communicator. Even if it's all bad news, we would like to hear something. It won't hurt the PPS. JMO
J4P, who do you think started the law suit, anyway? In my mind, this company has one employee, Mart, who hasn't been heard from in months. (He has to be doing something else for work. I can't imagine that SDVI has money to pay him a salary.) It has to be Mart behind it though. Do you really think Ken is still involved?
Also, there is a cost associated with law suits. Does Mart have the money to start that process? Unless the legal team he is using has a lot of confidence that they will win and will get paid from the proceeds.
My average is just under .0004. But I've been here for a couple of years.
I can't believe that it actually got to 1, let alone 6.
I was thinking stealth buyout, too. If someone buys 5%, they have to notify the sec. But is there a pr about it? I don't think so.
For $35,000 you can take out the 2s. I would but I have enough of this stock already.
Imagine if Mart showed some interest. The stock could actually go someplace.
I hate to ask dumb questions, but it seems to me that the bid and the ask hasn't changed much today, yet there were 29 million shares traded. How does that work? The bid or the ask never moved by 29 million shares.
I tried to get out at 2, but I was too late it seems. Now that the circus has left town, I'm not sure if I should settle for 1s or just hold on like you Johnny. I don't have a lot of shares and I've already considered it a loss. Maybe next year when the Ringling Brothers comes back, I will be quicker to move.
I have to say, i do enjoy this board. For all the crap that has gone on, and all the anger and frustration, people on this board are at least somewhat pleasant and witty about it. At the very least, they're professional.
I would love to see Mart put out aPR saying the A/S are being reduced to 3,000,000,000. That would help the pps.