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Something about the buyout PR'd MONTHS ago would be a GREAT start.
Another disappointing PR.
9.4 million....Tons of buys and very few sells....you would think some 2,3,4's would be selling,but it appears they are holding ....shares are tight.
I hope it's GO time.
7 million in volume!
Wow nice move!!!!
no kidding....come on already.....it's obviously a done deal.
Nice to see the PR machine being cranked up....they must have formed a plan....lets see what it is.
Glad I didn't sell my shares...eom
Awesome web site and a nice move today....go SOLM!
5 Star is not happy with their PR's released early part of this year....thus his displeasure.
As far as the board it has some good points....5 star is normally on top of the fillings,so it's a good place for information... other then that take it for whats it's worth.
As far as whether you should invest....if it was 6 months ago....I would say hell yeah,now who knows.....it's another lotto since we're uncertain as to what the BOD is trying to do.(r/s....not filing etc.)
Now if it ever goes to trial....could be golden....might be worth the risk.
Good to see some news.em
Where's all his supporters now...web site down,Nevada revoked,lawsuit(s).....etc.
It's a shame I got suckered into believing this POS CEO...and, it makes me sick that he used injured military as his battle cry.....what an a-hole.
SOLM is very poor on getting ANY news out....they have always been tight lipped....not sure why either.
Penny,whats your take on the web site being down for at least 2 weeks?....that certainly can't be a good sign....as well as not calling back investors he was more then happy to when the going was good (I mean the dumping).
No matter how you slice it ....it smells like trouble.
And enough of this silliness that it's a pink...blah,blah.....stealing is wrong no matter how and when you do it...period.
5 Billion shares dumped around the same time.em
Let's try and make some sense of what's been happening...(not necessarily in order)
1. 5 billion shares where sold to an individual to raise funds. Why would somebody invest in this company?Unless something was going to happen down the line with huge rewards.
2. Nevada shows corp being revoked.
3. Posters show up with talks of a buyout,then disappear.
4. Web site goes down
5. Calls not returned and phones are not being answered.
6. 1,000 a head conference arranged for October.
7. Complete and total silence from Steve.
So is it....a buyout or going out of business?Or, is Steve preparing for another round of fund-raising with more false promises only to lead to a R/S?Or,is Steve going to suprise us with the auditor,uplisting and huge military contract?
Which one? My ship is listing towards......going out of business.....but I've got my bilge pump going full bore hoping that Steve gets his you know what out of you no where.
After selling 10 billion shares in less then a year....they better not be going out of business...if they are, Steve better be going to jail.
I understand perfectly what your saying....but some have said millions and some billions..seems that there should be a right answer.
Doesn't matter it's still a huge bid and I'm all in....been since last August...nothing but blue skys ahead...IMO.
Would somebody please clear this up....is it million or billion?
No idea, hope something good is in the works.
A PR of any kind would be appreciated at this point...
so ARCA sitting on the bid with 1.9 billion....I've never seen such a thing...!
Is it 1.9 billion or million?
Wow....has thing completely derailed...no web site,no one answering the phones,no PR's,.....no nothing ,just us bagholders....hoping and waiting.
what did Steve do with all the money he just raised?
...when's the break to 5
can anyone confirm buy and sell ratio
I think it's important to note....we asked for a PR concerning share structure and in a timely matter (same day) they obliged.
Yeah....Gucci did last week or so....and Steve never called her back.
I guess he only calls back during his "fund raising" periods.I'm sure he'll crank up the PR machine again when he needs more cash....and when he does I'll be dumping like everyone else.
web site still not working....oh,oh?
Steve's new buyback program... $6.00 chunks.
Big a$$ scam.
November??...seems a long time to be kept in the dark.
I agree...When I bought this stock many,many moons ago....it wasn't a lotto play...but now it certainly is.
Peter D. responded to my email.....unfortunatly the information I asked he would not answer (future,stock price,RS etc.).
I don't where we're headed, but at least he replied.
because nothing is going on...or...?
Ol' Jamie's got his finger in a dyke of lies.
nice move
I take it he never returned your call?
BIG numbers being thrown around on YAHOO...
From Newbiewar
I disagree, unfortunatly.
There are too many loose strings to push under the rug before discovery starts...
lets think about what a global settlement means...
FDIC has to pay WMI bopfan suggests 1x book is too low($26 billion)
FDIC has to satisfy WMI as a creditor of WMB, 13 billion (including trust securities, perhaps JPM will satisfy that 4 billion)
FDIC also has to pay WMB noteholders somewhere in the neighborhood of 30 billion, or JPM could accept responsibility for them.
thats at least 70 billion if not closer to 96 billion(assuming a 2x book) the FDIC is going to bleed.
JPM has to satisfy WMI 4 billion deposits, 4 billion trust securities, 6 billion trademark and patent infringement, thats 14 billion (perhaps FDIC will satisfy the 4 billion trust securities)
JPM has to satisfy WMI as wrongful death of corporation or whatever discovery might uncover, as high as 3x damages (assuming the entire WMB equity is the damage, 3x 26 billion = 78 billion)
JPM has to satisfy texas lawsuit not sure what will make them go away, havent read their demands of the judge.
and if thats not all JPM might have pre-seizure suits as pre-seizure owners fight for recovery. This would be advised after JPM made a settlement.
worst case scenario, global settlement could cost between JPM and FDIC at least about 150-200 billion dollars to make the whole thing disappear... I dont think anyone has the means to make it go quietly...
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=te&bn=86316&tid=198651&mid=198651&tof=1&frt=2#198651
We inch closer to the 8th month and still nothing.