Left the swamp for greener pastures 1/17/2014
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Come to the shareholders meeting this year with me if you are in the Toronto area.
I'd like to compile a (tastefully done) list of questions for Scott and Cam this year, because the Q&A at last years meeting came as a bit of surprise, and I was not prepared to be able to even shake anyone's hand much less question them.
My father, 100,000 shares plus, my sister and mother, 20,000 and 60,000ish respectively....my friend, my ex girlfriend, my other friend, my girlfriend.... my ex girlfriends dad..... that I know of, all own shares because of at least something I have mentioned about this stock....
Patience is key here or I'll be excommunicated
CTO is just in british columbia though, I am in a stock, SRSR, that has a CTO with the BC securities commission, for YEARS, due to a mismanaged NI 43-101 report and if you live in BC you cant trade it, and some brokerages outside of BC that have offices in, clearing houses in or underwrite things in BC also cant trade it.
CIBC (I am Canadian) can trade it though, as well as many other brokers, and I live in Ontario.
So its not all doom and gloom..... BC seems to have a very touchy Securities Commission.....
If your post was in reference to my one word post, please read A)
If your post was in reference to new facebook facts about SRSR on, well, facebook, please read B)
A)
I was attempting to give Webpence a pat on the back for his new moderator position, I just replied much later than everyone else (slept in) so my one-word post, in reply to another congratulatory post, was stranded up north on the board.
I'm not into pressing the "Like" button or giving one word answers or replies either, I'm sure there's many more well suited individuals on this board for that....
B)
I don't see any new facebook news for SRSR? I belong to their archived "group" on facebook, but its defunct as far as I can tell, link?
Likewise!
I dont think Scott thought they would be tabloided quite like they were, with people looking for the best facial recognition software and such, sweet jesus.....
Lets not alienate NTC or whatever it is that company does by bombarding them with hundreds of messages and emails about things they probably know nothing about or couldn't talk about even if they did....
I got my proxy today, and seeing how I sold at .69 weeks ago, I might use it as a tool to display my disdain for managements decisions....
With almost zero news as of late though, its like throwing hungry dogs a chicken wing, they will tear it apart and suck the marrow from the bone for lack of a better alternative.
Is SDSS still a thing around here?
What an OTC thing to do....offer a bunch of shares and then R/S them into oblivion....I'm sure the increased share price will stay up there forever..... or not..... like every R/S I've ever seen.....
Didn't expect that from an NYSE listed company. Glad I bailed at .70
I should probably add at these levels, but alas tuition comes first....
News would be oh so welcome right now....:)
Are you my dad? Because thats his mantra too:) Hopefully I'll have some kind of inheritance left.
Spilled coffee all over my keyboard at this one:) Thats twice now....
Yeah....its called a pump and dump.... we know.... hasn't stopped it from financing my mortgage:)
I stubbornly held on for the divy, I'm out completely now, into some other things.
Its a quality NYSE listed company at all time lows on GOOD quarterly reports and a DIVIDEND yield thats out of this world....
The markets treatment of this stock and its volume are insults to it, so I may be back in the future, hopefully at a much lower DCA:)
Personally I blame the reverse split comment, lol, if only it were that simple....
Good luck ladies and gentlemen!
This place had nothing to do with my investment choice. I am defensive by nature, cautious, playing defense in everything from soccer to Half-Life Team Fortress Classic as a child. Great game by the way.
Research, due diligence and investigation are the hallmarks of my personality. I did plenty of it, including reading this message board, and can safely say that no, you being a naysayer so to speak would not have dissuaded my investment choice.
If I could read the future, I would be on a French Polynesian island right now with my tractor trailer load of golden Krugerrands, however, all I could do was make an investment choice based on my interpretation of the facts. Often those facts can be interpreted by both sides as advocating their perspective, just ask any history professor.....
I rolled those dice that day / series of days, and I'm content with not only my choice but the future that choice will craft for myself, my family and my ridiculously hot girlfriend. No really, like, way too hot to even give me the time of day, and I'm not too shabby..... guess I'm not only lucky, but have some set of assets that could be construed as containing value..... not unlike SRSR
I dont post much, however I do read every single post, not usually on wknds, but I'm trying to catch up on House before the series finale May 21st.
I question the resolve it would take to come onto a message board for exchanging ideas and information about a certain company, not owning that companys stock, or having any stake in that company whatsoever.
Bashers and pumpers, although those monikers dont apply here as much, are always going to be present.
I was once told that there is only one target audience in politics; the undecided.
The Longs? They are devout, you wont change their minds, regardless. The Butterfinger's (You're now an adjective / synonym for "Shorts") will always be opposed, and wont ever change their minds, regardless.
The only group that could be swayed are the fence-sitters, and its fairly obvious from the message boards on IHUB touting pump and dump stocks, that those types of posts are targeting those exact people. The ones not sure to go long or short, even with a 1 hour time horizon or less.
I have a wish list for this company myself.....like monthly updates..... and of course I dont appreciate watching my tour of duty cash from Afghanistan locked up in over one million shares at an average of 0.04886.... makes me a sad soldier....
But there is value here, and I will contently wait until that is realized. Stinky Pinky? I do not believe so. That is my opinion and only time will prove whether it was a good opinion or a bad one.
So either you do have stake in this company, or have become so embittered that this is a pastime.
If posts by you such as "haha good luck with your bag holding ten year investment" can fly by as on-topic, then this one should to. Lets find out.
I'm out of fingers to cross, my time horizon was 3-4 months, 2 down!:)
I know, good results seem to have no effect.
Should people not be running into this stock right now for the dividend.... I dont get it....
I actually ended up confusing myself and had to re-read and double check a buncha stuff to make sure, but in plain english terms, you need to buy the stock before close today to get the divy.
http://www.thestreet.com/story/11531525/1/dht-stock-to-go-ex-dividend-monday-dht.html
say no more!:)
Well I`m not thrilled, but I`m not selling. I want my dividend cheque:)
And since the prices are pretty bottomed, any upside is just that!
http://en.wikipedia.org/wiki/Ex-dividend_date
Gets rid of the confusion right quick!
I spilled my coffee laughing at that one:)
I have no idea, but I am pretty disappointed....
Foots been a whole lot better, but I'm surviving!
Sorry no private reply option avail.
True, an R/S would need shareholder approval, but the share structure is set up, especially after the offering, for very large institutional holders. Taking out insider votes, and non-voted / for-managements choices auto-voted shares, all it would take would be a few institutional holders voting yes.....
32% is tied up (give or take) with that new Anchorage firm, the back-stoppers. If they had that much faith in management up to this point, which they clearly do, all it would take would be a nice boardroom meeting and a steak dinner to get their go ahead vote-wise for an R/S..... spooky.
Not yelling "fire" just yet but its kinda odd....seems an NYSE listed company with half a year to fix this issue wouldn't talk about the "in case of de-listing break open reverse split glass" cabinet, especially after just making an equity offer, with preferred, that will make the O/S considerably higher if and when they vote for the new A/S.
Why would they offer shares just to R/S them back? Lets hope not!!
Perhaps all that R/S talk on the CC cheapened their gains.
Disappointing....
Cant really argue with any of these timelines, as they are accurate in opinion as well.
I don't post that frequently, and actually became a moderator by mistake by clicking the "add me as a moderator" button, with the next screen saying "your application is being reviewed!".
That aside, I do read every single post, even on weekends. Nice part about being a moderator is I can click the Manage button and see all the naughty deleted posts
I feel that its the perfect time to round out my position, at these prices, and really we have nowhere to go but up.
A few of my friends I got into this stock are praying to be the target of a Pump & Dump, lol, but I have more faith than that and a longer time horizon.
Cocked and locked at DCA 83.17 cents
They mentioned at the Shareholders meeting Shining Tree was headed for listing at the CNSX
CNSX
FROG on OTC.BB
Any info at all....
The Ihub forums awash with pumpers, I was curious if theres anything to this one other than smoke, mirrors and Pamela Anderson paying her overdue taxes by check marking the ``I support`` box on their cheque.
Much thx!
A pleasure to see you on these boards as well good sir, I may not post much in SRSR but I read every single post, every single day!
Nah, I had the same problem with Questrade in Ontario. Traded it with them until one day they said they couldnt trade it anymore. CIBC Investors Edge works in Ontario, so I transfered my account out there. I am fairly sure TD Ameritrade works as well.
Odd that a big bank would trade it and a little discount brokerage like questrade (in comparison) wouldnt.....
Arbitrage is a huge concern for me at this point with this stock. I want to take a position but logic would dictate that everyone would dump their $0.70 + prices shares to take advantage of this offering and then immediately sell them into the market, or, get a nice discount relative to an above $0.70 pps and hold on.
Now, half of the subscription package are preferred shares, so an investor would have to spend twice as much to buy the same amount of shares he "had" at + .7 prices, then sell them, and be stuck with unvested / unconverted preferred shares until sometime next year. Seems needlessly complicated for a stock whose share price is hovering around the offering price anyways...
Is this why the price has not dropped to $0.70 or below yet? Did I answer my own question?....
Nice to meet you all, picked up 4228 shares at a dollar even today, very excited for short-midterm growth potential here!
Cheers to all, seem like a well rounded lot, some good info I've gleaned from reading weeks worth of your posts!
Good luck to all, catch ya round'!
Too funny:)
Remember, its not a JV, just a sale.
public reply sorry no fancy features for me....
the question was "can I trade SRSR in BC with CIBC?"
the answer is: I live in Ontario, and am with CIBC investors edge self directed brokerage. since its a pink sheet I have to place my trades with a phone call, but other then that CIBC can and has traded SRSR for me, latest trade was end of february, rounded out my position to an even number.
No idea if CIBC can trade SRSR ij the actual province of BC or not, however.....give their brokerage dept a ring and inquire?