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Just wanted to thank the board for standing up to my test. Every time I have had nervous moments, you have come back with intelligent justification for all my worries. People say don't trust boards, but I trust this board. Don't flip out if I come back attacking in a few months again with some issue that concerns me. For the individuals that held their composure and didn't curse me out, thank you.
Btw, I'm sure you checked my message posts. I'm only in two other penny stocks. Aemd and Nhmd. I'm not a penny guy, but I trust these 3 stocks. Only ones that I would risk in penny land. This is my proof that I'm a sincere investor. I'm not a basher looking to short. Just sincere issues I was concerned with.
Go Sltd!!!
I bought in at .10. I didn't even make a 100%. I understand I made money as of right now. What I'm worried about is for the rest of this year. I don't invest in a penny stock to make small returns. Too much risk involved, to not aim for high returns.
I'm not a day-trader. I didn't make 14% in two days. I've been holding since july.
I didn't expect them to keep doing it. That was in august. Then I was furious in november when they brought the price down 50% with more sells. Go look at the posts. You guys calmed me down because you said that it is nothing to worry about. Now that a r/s is happening, I'm upset. Do you understand how easy it is to dillute when you r/s. That's scary. Sorry that I'm upset that a company that was already dilluting like crazy, now has an opportunity to do it again.
Maybe I'm wrong. I'm open minded. Convince me, I'm sure i'm not the only one with these concerns. I just don't want to get taken for a ride by investing money here and not seeing much of a return in the next year.
I'm not trying to drag down anything. I'm being a cautious investor. So many people ripping me right now, are the same people that told me to not worry about a r/s back in November. Stated that jim would never do that. Yes, well, here we are. It was his plan all along. Hence, why he was selling his shares along with the other insiders. They knew a r/s was coming. They had no intentions of growing this organically.
As far as cell, look at how much money was put into research and development. How the hell can you get a cutting edge technology with that little investment in r&d? Please explain.
You see, if you bought in early at below .05, you are good, because you made your big gains. People buying in now, what the hell can they expect? Telling you what is going to happen. They are going to r/s to get on the big boards. Once there, they will turn to dillution to further their acquisitions, which results in the retail investor taking it in the a$$. He is using the small investors to pay down the debt. It's bs.
Exactly!! Agree with everything in your post. Esp, the part about how the insiders were selling because they knew the r/s was the plan all along.
If they r/s, no one is becoming a millionaire except for the insiders.
Small retail investor is just riding the tail???? What???
How do you figure? Why do you think the stock went public buddy? Without the retail investor, the insider would not exist.
Doing work? They are getting paid damn well to do it. What world are you living in?
Who is taking the risk? The retail investor that has no control or knowledge of what is going on with the company, but still investing money. Or the insider making crap loads of money every time a retail investor buys in? You know jim issues himself shares on the regular.
Are you an insider? How could you make such statements, otherwise?
Btw, my last post. I'm out of messages. Amazing how you people see nothing wrong with this company. There is always something wrong with every company. Nothing is perfect. Keep getting mad at people like me for posting things that show the company in a negative way.
Whatever, maybe you guys are right and I'm dillusional. I have been wrong before. I'm just sick, because I called this r/s back in November, but held because I trusted this would not happen and it did.
Are you serious? Hell yea, I had grand expectations. Everyone on this board did!!! Those dreams are gone.
Ever since the 3rd qt earnings were released, this has been a pos. People on this board won't admit it, but everyone bought this stock expecting a cell by December. It's not going to happen. The management used that line to attract investors. Every year, they claim the cell is coming out. Enough of the bs!!
No kidding. And when this happens again and you don't sell, the insiders and traders will again have taken the "long" investor for a ride through dillution. They sucked all that profit away. This is no place for longs.
After they reverse split and uplist, the share price will get diluted. That's how. They will be selling shares for years, killing any chance for real growth, to buy more "aquisitions". Each time the retail investor will be the ones to pay for the expansion while the insiders take the profit through dillution.
I didn't lose actual money on this stock. I lost money by holding this bs for too long. Bought at .10 and should have sold in the .20's but believed the fools on here that jim would not do a r/s. I'm not saying this is a type of scam involving a fake company. It's an accounting scam where you take on massive risk and see almost no returns. Basically, you are lending them money very cheaply if you are a "long" investor if they go through with this split.
I have a right to post this. I don't want people getting screwed over. My post was from 2 months ago on this board and everything that was stated is coming true. Do you understand what my post is saying? Do you understand that for the most part, the people who are really making money here are the insiders. Do you understand what is going to happen after this r/s? They are going to sell into it. The only reason the insiders still have so many shares, and didn't sell them all, is so that they keep the value up by not flooding the market all at once. They are going to be selling every chance they can get. The company and its insider investors will do well, retail investors not so much. People expecting for this to double this year are crazy. You might not lose money, but you sure as hell won't make much. That's why you will be lucky to ever see 10.00 after this reverse split. Lucky for the people that bought really early and were able to see 2000% gains. That will never happen with this stock again after this r/s. Better off buying Apple stock.
I was not trading this stock, I was an investor. This is why I'm so pissed. The insiders have stole away any chance to hit it big. I'm fuming. Feel like a used whore. I really believed in this. What is the rush to uplist? Why not organic growth?
As previously posted by me in November on this board. I was told that this is not the case. I was told that jim doesn't believe in r/s. Damn, I should have listened to myself. What is happening now? So pissed off. Still think jim is a class act? Damn thief.
"SLTD is a holding company. It acquires subsidiaries and funds operations by selling convertible debt.
According to their latest 10-Q, shares outstanding increased from 213,290,259 to 330,154,485 from Jan 1 to Sept 30, 2014. Holders of convertible debt acquired these shares at 0.01 to 0.02 per share and flipped them in the teens, a tidy profit at the expense of retail shareholders' dilution.
All of SLTD's convertible notes issued, converted, and outstanding are described in detail in SLTD's 10-Q. Read it if you own shares in the company and are interested in how much your shares are worth.
The 2.8 million dollar note they will be issuing to buy MD Energy in Feb. will be convertible into 28 million shares over three years (convertible at 0.10/share). More notes will be issued to fund capital expenditures and acquire more subsidiaries.
Net result for a retail holder is that when shares outstanding reaches half a billion shares, there will be a reverse split, at which point your 50,000 shares will be transformed into 5,000 shares and your dreams of making a million dollars when pps reaches 20.00 be transformed into making $50,000 on the off chance pps ever reaches 10.00.
Bain, where Nelson comes from, are masters of making money for themselves and their investors by issuing debt that somebody else pays off. In the case of SLTD retail shareholders pay off the debt with dilution.
Read their 10-Q. It is all written down there in black and white. Less"
What I'm trying to say is that I see something wrong with how this is going. I'm stating that this was all planned out. They saw the stock shoot up and could care less about maintaining and growing that pps because they knew all along that they were going to do a r/s. That's bs!!! Pisses me off. They sold into these run-ups knowing that they could care less about the price of the shares due to an r/s. Maybe I'm seeing it wrong, but I'm pissed. I feel like I just got hosed. Missed out on other opportunities to make money holding this bs.
How?
A while ago, I asked about the insider sells. People claimed don't worry about it. Now I know why I was worried about it. Screw Nelson. He is trying to take investor money to grow his company (dillution) while not giving back the returns that the small investors deserve for the risk taken. I'm so pissed off right now. No idea how people are happy about this. Got in this stock for the cell.....now I realize that I was deceived.
So much for all that to the moon talk. Going to be difficult to make big gains now.
Patience, it's a stand-off.
Man....You play pennies for the chance to hit it big, while else would you take the risk. Artificially inflating the price stinks. It means you don't have a cell and can't get the price up on your own, so you have to manipulate the price to get on the exchange. It sucks being an investor these days, the big guys just eat away at the little guys.
It's an otc stock, and unfortunately, these stocks are manipulated to no end.
Glad I trusted my instincts.
Oh no, clay trader is here. Now we are screwed. Anyone else notice that trend?
Fair enough.
Thanks for the share...great stuff.
This is crazy. This board is going nuts over an 8-k because it mentions nadaq on it. Talk about euphoria.
I think it moves higher than .12-.13 due to the low float. This picks up momentum, it should fly to at least .20.
Proof? This stock is hands off for me, but I will continue to follow to see what happens.
Money runners promo.
Too funny!!
Great writeup!!!
People are here to make money. Right now, most people have not made that much money on this stock. No one cares about the 5000% increase if they were not a part of it. For the 4th qt, people have pretty much made no money, or lost money on this stock. So understand where they are coming from. There are other stocks out there, this is not the only one.
I understand. Just understand this is a competitive field. People have a right to question this right now. They have been talking about this cell for years. If there is no cell, tell us.
I share your feelings.
Bingo!!
But it's cheaper...lol
He should ask Mcd's how that cheaper model is going for them lately.
Lol.... Of course not!!
Yes, in theory, but not the case in penny land. They have no ethics. It's like taking candy from a baby for them. If the SEC had some balls, they would put an end to this, too bad they are sleeping in the same bed.
That's the thing. Try buying those shares right now at .0798. 90% of the time, it won't go through. I wish we could play these dips, but they are manipulation. The mm nite is playing games. Has the ask at a low to cause someone to panic sell their shares and take their shares and sell back at a higher price. Dirty. That volume is most likely them selling shares to themselves. 3000 sell...3100 buy. Give me a break. Manipulation.