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Must have been a birdie becaus the the stock is dead today
His response to me was to expect a PR within several days. No mistaking those words
Then please don't ask for information that is not related to SIVC. Since this is an SIVC board it is critical to keep the sdiscussion to SIVC would you not agree?
I would always agree to contact themselves. However getting return emails has not been easy. They seem to ignore the emails as do most companies because piutting it in writing versus telling the story on the phone are completely different and they understand that
Can you please share with us what IR told you? It would be helpful to the board to get another perspective.
TIA
OBTW I did answer your question on another board since it would be off topic.
Agreed. Closing deals is everything at this point. The up listing will cause a stir as well for a quick pop
No but it is why SIVC is in business. A lot of companies realize good profits in this downturn of an economy and go no where. The closing and uplisting are far more important to make this stock grow. it's a direct reflection on management's ability. OPerception is everything. Once SIVC has multiple closings then the multiple companies' pps will mean much more than just one company
Then why don't you share with the board what they've told you since it is about SIVC and you hacven't posted their comments in the past? GLTY
No I didn't and that's irrelevant to the stock itself!! Maybe you should contact SIVC to see what they say
I did get ahold of Andy in IR and he said:
1) Expect a PR in the next several days regarding the up listing. Don't know if it will be good info or fluff.
2) He doesn't expect a reverse split or the O/S count growing.
3) There are still (2) closings in the final stages with one closer than the others and others in works. The key is to get the one closing complete to the new style which essentially will mean it should be trading shortly after closing unlike Chummings. Once the first one closes the second and so on should happen at a faster pace since what they are trying to do is new and they are awaiting the results of the first closing.
So with that time will tell.
And again we dropped on small volume and not enough to add shares of any real amount.
It's great to see Chummings trading lets hope SIVC starts trading higher instead of this constant downward pressure.
Has anyone had any luck contacting JB or Byers in IR?
Holter I am sorry to hear that. But do what you have to do and don't look back. Just move forward and keep your head high. It will work out in the long run. GLTY
Good post. I nver realized 48% of Americans have bad credit. I knew the foreclosures and layoffs were hurting people I just had no clue it is that high. WOW!
I realize that. It just seems there has been a lot of downward pressure to drive the price down. When it was at .003 I didn't expect to ever see .0006
Someone is sure trying to drive the price down. Maybe .0001 may become a reality. That would be sad.
Green is always better then red that's for sure. Just wish it was higher volume and a much higher per cent. Not to sound like a broken record but we need an update on the OTC listing and a closing, or two, or three, or four, etc... to make it happen.
Karin I agree. Pumpers are as bad as the bashers when it comes to SIVC or any stock. It's good to present both sides.
We can agree to disagree but this is what I am seeing from experts:
http://www.nytimes.com/2008/11/07/business/worldbusiness/07yuan.html
While few economists expect China to fall into recession, analysts are forecasting the worst growth in more than a decade, with the economy expected to expand by as little as 5.8 percent in the fourth quarter this year, down from about 11 percent in 2007.
Analysts worry that a sharp downturn could undermine the country’s already weakening investment climate and impair some of China’s biggest banks, which have bankrolled much of the boom.
Beijing worries that if growth slows to 8 percent or less, not enough jobs will be created in a country that is rapidly urbanizing — and that could lead to social unrest.
To prevent that, the government is preparing a large economic stimulus package, pushing new infrastructure projects, offering aid to exporters and searching for ways to prop up the nation’s severely depressed stock and real estate markets.
Another example of their growth: http://www.chinadaily.com.cn/china/china_07economy_page.html
China decided to reduce the interest rate by a massive 1.08 percentage points, in an effort to jumpstart capital investments, boost housing sale and propel domestic consumption. Engine Slows Down EU's $260B Stimulus Plan Discussion: China Heading to Recession?
WB: China's GDP to slow to 7.5% in 2009
China's annual economic growth is expected to slow to 7.5 percent next year, but the country has "adequate tools" to keep the economy going at a healthy level.
Everything I have read still indicates growth in 2009.
China is still growing just not at the pace it did. So with that there really can be no excuses regarding the economic climate to justify the fact S3 did not close as psromised on a date that was a certainty per IR and would close in 2008. We're not talking about a market that is shrinking. The Chinese market is still growing.
Millemium those are all good points and argued for some time on the board.
I always want to believe the best and hope the obvious isn't so obvious. But when history repeats itself year after year and the excuses keep coming unfortunately there can be one conclusion. And with that I probablyt made a mistake sinking money into this one. I was hoping to exit at a penny but now wonder if that is overly optimistic.
That's higher than I had it. Thanks for the info.
Good luck convincing anyone Bickel should be held accountable. For some reason the feeling is he is exempt because this is a pink sheet stock. Yes he should be accountable and he should be telling the shareholders why there was no closing in 2008 after we were told numerous times there would be and the date was picked and it would happen on that date in late 2008. All we ever heard from IR is any day now.
As far as uplisting they have put in so little money they could be pulling the wool over our eyes for some time. That's the nature of the pinks. Lie, lie, lie.
GLTY
Agreed. They both do a great job!!!
I don't disagree. The only positive is it is coming down after it soared with the news of O/S going to 1.5B. And of course the risk metrics is a good tool if all is considered. Not sure how relevant it is with pinks. I'm sure that alone shoves them up to 1000.
500 or less
FWIW SIVC is below 1000 on the risk metrics which is a significant drop. Still not in the comfort zone
We're up to 15 shares trading for ENHD
That's exchanged hands Sorry for the mis-spell
5 shares traded at $5.00 each. That's more dollars than have exchaned hands with SIVC so far today.
A real banner day so far. A whopping $20 trade is all we have. But the ask is up for what it's worth.
I agree Copper. Better days are ahead
Thanks for the update Copper
Good finding Rain!!
Good to hear he is alive Karin. Also good to hear he took your call. I've not had that luck. Just wish he would have been more up front and honest with his shareholders about the closing be in the any day status two months ago and the second and possible third closings.
It's always good to get info from you and Rain as you both do well. Thanks for the effort
Good post Rain!!
Are we sure Kitts had Hogs? I don't think he does or did directly.
They missed it again. And all of the talk of confidence we'd get one by years end by the IR fell apart. This after he said with certainty we would have a minimum of one closing by the end of the year.
Really sad
Before I leave tell us why the stock will rise with ENHD trading. You must be assuming the stock will trade for a minimum of $5. You have to have a reason to think it will go up