"Always formulating an attack plan"
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Fiduciary responsibility to shareholders....
Has it been broken?
Or has it not been broken??
I believe regardless of an audit taking place or not: Fiduciary responsibility has been broken.
- We have an official S-1 filed by another company (10sion) with the SEC, mentioning SSOF (our investment).
- The share price has dropped thereafter, each and every trading day since it was filed. Shareholders are losing equity due to external news which does pertain to SSOF, and company management says nothing, zero, zilch, nada to reassure investor confidence.
Some shareholders have already sold due to the above, and others either don't know what to do, hold, or buy more.
In this case, I ask you all... Is the silence of management not irresponsible?
I say: Yes it is! Big time!!!
What are your thoughts about this???
The 'funeral' not being a funeral at all... But more so, a pow-wow to figure out what to do next??!!
As you know,
Everyday which passes, without communication from SSOF management regarding the '10sion filed' S-1...
Just feels worse and worst.
They know our share price has fallen on that fact. It's inside their realm of responsibilities to know, and monitor, everything pertaining to their business.
They also know, that we want to know, WTF is going on!
The audit....
Was a promise.
Outstanding communication,
Was a promise.
Trust ~
Is earned. And it's lost a heck of alot easier than it's gained.
I personally am not expecting the audit to happen now. Except maybe for 10sion. IN ANY EVENT THOUGH, I hope I'm wrong!
Hempy,
Whatever the case, I don't want a one of us to lose a buck here. We have been dedicated Longs and we have believed what we were told by the company. Had no reason not to doubt anything, until now.
Fraud is also a criminal offense in Oklahoma, Florida, New Jersey, New York, Nevada, and Connecticut.
There... I think that pretty much covers everything.
I can't imagine anyone filing a hoax S-1 with the SEC.
Fraud = Wrongful or criminal deception intended to result in financial or personal gain.
A hoax S-1 would definitely be fraud.
I checked the SEC website...
It's there! Officially filed; but there is nothing listed from SSOF, Sixty Six Oilfield, or Six Six Five Energy.
Filing a hoax with the SEC would be like asking to go to Federal Prison. Would it not??
Chase,
I don't have a paid account on iHUB.
If you send me your # in a 'private message', I'll give you an immediate call.
Chase,
Thank-you very much. Great job!
WTF is management doing??!!
Gee whiz...
I don't like the fact that he's even associated with it at all.
The market... Stocks in general; they hate uncertainty.
Could even be election day jitters, but I don't think so.
The PPS slid after the S-1 came out.
Correct. We cannot... And I am not.
But without clarification from SSOF, it doesn't feel good, to me.
I want to buy more on this drop, but no way.
I will not do it without SSOF commenting on that S-1 and/or the intent thereof.
I'm not selling for a loss either.
Precisely my point Tom.
And I added more right before the S-1 came out.
Question Hempy:
Ask yourself.
Would you classify what you wrote in your post as a fraud? I am referring to whosoever would do such a thing?
You don't need to answer it publicly my friend. Just be honest with yourself when you consider the thought of it.
I contacted The Rosen Law Firm (at www.rosenlegal.com ) because my gut feeling is that this seems shady without clarification from 665 Energy.
You other shareholders might want to visit their website at www.rosenlegal.com to consider contacting them or another firm.
I have an uneasy feeling about what is lining up. I'm Long... And I hope that I'm wrong about my gut feeling.
Seeking clarification is not wrong.
That S-1 cost big bucks to have written. It's no hoax. If SSOF the Company does not file suit against 10sion then that tells me everything that I need to know.
Ultimately, it would probably take 'us' (the shareholders) as a Class to file a lawsuit to stop the "action", which I am not officially certian what it really is... But I have an idea!
I feel that people in the know are banking that we don't do anything. That we can't do anything because we won't unite.
Like I said before: Keeping quiet is a way to not be tagged good or bad. And too much coincidence can equal cause.
LTC, (((prediction)))
If Republicans keep the House and the Senate, then the market roars, & RXMD will be a part of the victory party.
All thanks to President Trump and his hard work, especially on the campaign trail.
I'm as Long as a Texas Cadillac.
LOL
Hempy,
You said it!
And I also want to buy more shares of SSOF right now, but I will not do so until we as shareholders get some kind of direct clarification from (SSOF) 665 Energy's management.
Good.
Big 40merc,
Maybe they will tell us 'in depth', what is fully going on with that S-1. I'm sure that they know much MUCH more than we do at this point.
Wouldn't you agree?
Maybe, just maybe somebody on here will do that for me?
But it really doesn't matter. A report has already been made, and they need to know that hard earned money is buying shares for our own account(s) on the retail side. We want to be kept informed, and we want to know that when something takes place, whether or not our money is safe. We have that right.
There should be no skullduggery... And I hope that there hasn't already been any.
To all SSOF shareholders:
Of which I currently am one (who does not short stocks)....
*** The share price dropping for three (3) straight trading days after the 10sion S-1 being filed; with no explanation from SSOF management via a PR or official statement to shareholders, has led me to seek legal opinion with the below listed firm (who are very effective in identifying questionable actions of a publicly traded company's officers or directors).
Please feel free to contact Rosen Legal if you have anything to contribute.
https://www.rosenlegal.com/contact.html
To all SSOF shareholders...
Here are the two (2) questions that really matter:
1) Have SSOF officers, or directors misrepresented material aspects of their business?
2) Did SSOF officers, or directors breach their fiduciary duty to SSOF shareholder(s)??
Biggy,
The timing is more-likely-than-not, too coincidental.
I hope I'm wrong.
I feel that adding more without clarification, is a gambler's dice roll.... And moreso now, than I did right before the PPS drop.
I want to add shares, but I won't.
Feels like there is much more risk now with SSOF, than there was 'even when I first started accumulating shares of it'.
Still Long though...
Big40,
If that were the case (short attack unbeknownst to SSOF) then I feel certian that management would have responded.
It's more than just one person's fast money ploy, because huge bucks were paid for that S-1 to be drafted with absolutely no guarantee that SSOF's price would drop. How would he know the action of SSOF's officers unless it was coordinated?
He didn't know that they would sit quiet, and again... Let's not any of us make excuses for them keeping quiet. They have every right to clarify publicly via a Company issued statement. Seen it before many times!!!
My point: Is not with 10sion. My point is that SSOF remains silent, and that looks bad, and it feels bad in my gut too!
Trust is earned, not just given, and it can be lost quite easily.
Jackson L. Morris esquire (name on the S-1)
https://www.martindale.com/tampa/florida/jackson-l-morris-attorney-at-law-4198180-f/
*** Now I don't know what to think, because evidently the author of the S-1 has a shining reputation... Maybe inquiries should be directed to him?
I want to know if SSOF's share price was manipulated down, because if it was, and it's uncovered that the drop was intentional for some insider's benefit... Then Shareholders have a case.
We can't predict the future. We only know what has transpired, and looking back in hindsight... We have facts, and whatever we can piece together to try and see into the future.
The Company name change seemed unnecessary when they did it, and I don't like how they did it, because there was no ticker symbol change. That struck me as odd.
The S-1 appears up in advance of, and right near earnings... Cause (intent), or coincidence?
SSOF stock price drops for 3 days straight (from a base price range) following the S-1's submittal... Manipulation or Non manipulation??
No official statement from SSOF to their shareholders regarding 10sion's filing.... Cause (intent), or coincidence??? Regardless of which one, it's not heart-warming to Longs, and seems fishy at best.
There are (meaning we cannot provide) NO excuses for the actions of others, and responsible people keeping quiet is sometimes the best way to keep from exposing true intent.
None of the above, 'when combined together' look like coincidence. Nor do they make me feel like I'm bursting with confidence about whatever this really is, and how it's going down (as an investor/shareholder). I have money to buy more, but I am much too gun shy to do so because it all seems shady to me.
Reflecting back on Psychology Class, I remember being taught that: Too much 'coincidence', can equal cause.
Already happening....
We are not Sixty Six Oilfield Services anymore. This filing to B/S. There is nothing that I could find under Six "Sixty Five Energy".
I am contacting an attorney in the morning. We have solid news that we are now Six Sixty Five Energy from management.
I think that filing is a bogus scam to drop the PPS for loading.
Any thoughts?
What is interesting to me, is that this is taking place right before an important filing.
What isn't speculation is the equity drop. And now, holders don't know what to do...? Buy more, or hold, or sell on scuttlebutt??
The Company needs to speak.
We can do that as a Class, and the S.E.C. can get involved real quick too.
Hempy,
Scuttlebutt to drop the PPS for a lower entrance price can and (more often than not) does get people into a lot of legal trouble, real quick.
Mr. Shapiro here I come!
* Just watching the equity loss from this end, and waiting for 665 to speak. Whatever takes place, had better be on the up & up!!
Thank-you. I had not seen the filing yet. They usually pop up on iHUB right away.
All that matters is what official information the company releases.
Any other info is just water fountain gossip.
Plain, simple, short, and sweet.
665 (the Company) is obligated to keep us shareholders informed appropriately.
If not, LAWSUIT time.
The Jewish firm(s) on WallStreet are always watching and waiting for OTC's to break the law. Lawsuits by shareholders of publicly traded companies get filed daily.
There are enough of us here to form a class if need be... Better for me to hold in my own opinion. The reason is: The total liquidation value of SSOF is not miniscule.
I hope and I pray that management keeps us informed, and that they do the right thing, at every bend and curve in the road... Even if it pertains to positive growth.
Yeah,
All that matters is that we've got the # of shares that we each want, before the run-up.
Everything else is really "just a bunch of B/S".
This is all a pre-Election Day, Market Maker shake down.
We'll win this game!
No fear