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Time will tell...
As someone just stated, what you, I or any of the others say (good or bad) about the company is meaningless unless we are accurately reporting what the CEO, the other officers and the company reports. Otherwise we're just blowing hot air...
Makes much more sense to be logical, stand on the facts and hope we get them right! 
That's why it is so important to consider the source.
Glad you're here CAYO. I don't see you playing the fool.
and even if you were...I look forward to when SEGI makes you a very wealthy fool! LOL
SEGI
Here are all of Ed's Dec. tweets
SEGI
I still see all of his tweets from December. Maybe your twitter is broken.
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I believe we will have GR8 memories...
I just wish my education had served me better as to when to use the word too vs. to and vice versa...At least most of the time I know the difference between know and no. LOL Depends on how many rum and cokes I've had.
Anyway, I have no doubt in my mind we have a GR8 future with SEGI!
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I fully agree Mike!
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Thanks, he was listening. He responded.
Ed Sylvan
APRIL 17, 2015 AT 7:11 AM
Thank you for your comment, I have started this blog as a way for my voice to be heard as well as to engage. I invite you to re post this comment again on www.edsylvan.com later today as I will be redirecting this url to a improved interface. I will continue to work hard in an effort to improve the revenue numbers and to increase the opportunities for Sycamore as well as all other aspects of the company. Yes I have made mistakes along the way, however the lessons I have learned will only serve to improve things going forward. Despite taking longer than expected, I remain very exited at whats ahead for Sycamore in the coming weeks and months. Follow me on twitter @sycamorefilms
SEGI
The very bottom, it still is loading on my end and someone else has actually posted another now.
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I "commented" at the bottom of his Open Letter.
http://www.edsylvan.com/
SEGI
My "open response" to a Pink Sheet CEO:
The following should be read with my last message in mind (I still believe Ed will take care of business and find great success.) This message should be seen as a request he do a self check and make some attitude adjustments. He is a smart man and I believe he will (even if I didn't vent to him. LOL)
An investor is a person who allocates capital with the expectation of a future financial return.[1] Types of investments include: equity, debt securities, real estate, currency, commodity, derivatives such as put and call options, etc. This definition makes no distinction between those in the primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns a stock is a shareholder.
Who do I think I am? One who lives life by the definitions that are universally accepted, not my own. I, personally am one that takes people at their word until they give me reason to not. When people say they are going to do something, I expect it to happen.
Could it be your track record of unfulfilled promises, your timing miscalculations, your lack of revenue created in spite of large amounts of financing available to you, your obviously inequitable deals you are making with your investors (which are btw, probably some of the biggest reasons for the weakened pps). The only thing that may be creating a greater negative effect to the pps is your blatant disregard and disrespect for shareholder sentiment that you display publicly here, in your actions/inactions and responses/unresponsiveness.
Let me share the title of a book you may benefit from:
Leadership and Self Deception: Getting Out of The Box https://arbinger.com/product/leadership-and-self-deception
I wish you well and please remember I have been in contact with you for well over a year now and you never once suggested to me that I could “invest” or told me how I could. I know quite a few people who would have at one time been very willing to take you up on the type of deals you have made with others (ie: Annual and quarterly reports). However, due to your apparent change of heart (about “caring for your shareholders” to a blatant disrespect), I would not invest or gamble anymore money with you.
Thanks for listening (well maybe).
SEGI
The SEGI Dichotomy in my view:
As many (most) here know, I have a long and strong position in SEGI. I have had opportunity to cash out on numerous occasions, but chose not to because I believe that Ed/Sycamore Entertainment is going to make it and will at some point, take off. I believe Ed has the tenacity to make it work. I am glad to have the position I have (I bought within my means "to win or lose" and I did not buy emotionally, but on DD and my own character assessment.) I do believe if for nobody else but himself and his company, Ed is going to do everything he can to make Sycamore Entertainment a very successful and profitable company.
On the other hand, I have had to reassess my character assessment as of late. I am disappointed with some of Ed's actions/inactions and his competencies. Enough so that I decided to vent to him publically with a response to his "Open Letter." (I commented to it at the bottom of it there, we'll see if he leaves it or deletes it) I am not impressed with SEGI at this time.This is not a very smart thing to do considering my position in SEGI, however, it is honest.
My hope is that Ed will come to his senses and find the ways to rebuild "investor" sentiment. I believe in honesty, equity, hard work and personal responsibility. My choice is to continue to maintain my position (yes even when it goes back up!) However, should my portfolio balance change to where it would allow me to purchase more SEGI, I would not unless I could once again alter my character assessment back to positive.
Where we are now is where I entered SEGI (kind of like a pat hand). The negative exception is the altered share structure and Ed's track record and apparently changed attitude. On the positive side, Ed has found some successes and he is pressing on. IMHO, it balances out.
I look forward to the "dichotomy" to be short lived because I believe Ed will realize what he needs to change, improve and achieve, and that he will.
Should I lose the gamble, I will not blame or be mad at Ed. I made the choices I did based on my own DD and assessments. Should I win the gamble, I won't be surprised. I am pretty good at reading people.
SEGI
SEGI is a valid business:
Business of Issuer.
The issuer’s primary SIC Code is 7812 – Services-Motion Picture and Video Tape Production. The Issuer is in the development stage, and has current operations with revenues being generated. The Issuer is not, nor has been at any time, a “shell company”.
SEGI
As of Dec 31, Outstanding shares had not changed. That is good news...
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Not yet...that I see.
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Annual Report is posted:
SEGI Annual Report on OTC
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LOL, I know you are.
SEGI
I know we're not the only ones watching...!
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Really curious as to what today will hold...
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Sounds like a wise observation to me CAYO.
SEGI
And less than that is all that keeps it from going to 5's
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Back to business...
Anybody remember that there is a tv show that doubled the ratings for the network in their 1st season? And SEGI was there!
Anybody remember that EOTS (The Eye of The Storm) is available and pulling revenue from Amazon and other online franchises as well as being available on Direct TV?
We do not know if we have Mantivities or not, my guess is still yes. IMb has pulled the release date (at least I can't find it anywhere anymore.) But if it is just delayed and we still have it, that is huge!
Anyone remember we have Unsullied in November (produced by Simeon Rice)?
Remember Ed says there is another unannounced...
and we still know nothing about his trip to China.
Ed is taking care of business... There is a three year audit under way in the control testing stage...Hopefully it passes and we see it posted soon. I am looking forward to welcoming Canada back to the "SEGI market".
SEGI
It may be we should see it as he was able to accomplish trading there for 6 years before having to produce audits without it being halted until now. That saved quite a bit of expenses.
And it is only 5-6 years old. Began late 2009 and wasn't really going until 2010. If the CTO had not fallen when it did, we would have really been sailing and would not be in this "start-up" situation. Just look at the chart. It was unfortunate timing. It may be that going pink set off an alarm on the BCSC. It wasn't long after going Pink current that it came down. I like a CEO that doesn't spend money until he has too.
I, personally did not see him saying he was a victim. I just heard anger frustration toward a few specific people. He clearly stated, he and Sycamore Entertainment will at most, only be hindered by them. SEGI will continue and will thrive...IMHO, as well as Ed's
SEGI
The audit is real and that is why it is taking so long...Even now, though Ed is trying to "buy" time and patience, by saying it is complete, they are still "control testing". That in itself though may delay the results at least says it is coming.
The CEO and Chairman of the Board for Ralston-Purina once said when asked how he got to his "position in life" responded he made a lot of good decisions. When asked how he learned how to make those decisions, he responded, "I made a lot of bad decisions."
Maybe we should all learn from people like that!
SEGI
I finally have a moment to respond!
It is a pleasure both ways.
I understand everything you are saying. I too, have looked and watched a multitude of pink companies. You are right, most follow the trend you spell out. The reason I put my money into SEGI is several fold.
I have not only read his letter, I have dissected it. Ed knows I have because I sent him an email that addressed it nearly point by point.
I will tell you as I told him, profits and revenue rule. I am not going to tell him what to do and I am not going to pretend I know what is best. I will tell you, I trust him more than anybody on this board with maybe one or two exceptions. I believe he is trying his very best to build something he can be proud of and I believe it frustrates him when one or two people can find a soapbox and do the damage they do by spewing generalities and stereotypical phrases. It is easy to knock down just about anything...how frustrated would you be if you have worked for years building something and some bully (or two) came along and with a few words, a swift kick, or a little match "tried" to destroy what you had poured yourself into?
I believe Ed will continue to find investors (by his definition), and for the fortunate few that become shareholders/gamblers and hold their position, they too, will be rewarded in due time.
I agree, there have been setbacks and those are bothering Ed right now. He will learn from what he has been experiencing and he'll be a better man for it. The fact that he perseveres is one of the reasons I bought in.
Another is the business model he has built. I see him ahead of the trend. I believe he has put together something that is similar to how Walmart, Dollar General, Lowes and Home Depot decide where to build their sores. He has organised a company that is in the path of the "masses". That means $$'s. I believe he could do more and I believe he sooner or later, will. Remember, they are a start-up! Limited resources! I have no doubt he not only has plans, but there are people all over the globe speaking with him, giving him advice and directions of what would be a "good place to be in".
Another reason I bought in is I did do my own DD. There are a lot of good people who stand with Ed and who get behind Ed ands support him. I think they do this for the same reasons I do it and probably more. Many of them know him personally. There is a reason "solid" references are given clout and can be trusted.
Ed is not perfect and he himself (unlike so many other CEOs in this pnk world) has admitted that on more than one occasion. However, he continues to work diligently to find some gold mines for his investors and stockholders.
I am a gambler and a calculated risk taker...I too, learn everyday, as CAYO has. I hope I can find half the wisdom he has. Should I in the near future get the opportunity to "invest" in SEGI...I probably will. I think it would be a smart move.I have learned some things in this journey in the pink solar system. I have learned I can "invest" in these companies at a super discounted rate. It will not take me 25 years to be in a place where I feel it necessary to blog and put companies and CEO's down so I can make a profit on a dip. (Please do not take that personal), I just see it all the time. People are knocking Ed because he says he has 20+ years of experience and with that he is terrible because he has made some mistakes. But he does have a company and that company is out there and I'll guarantee you, the wall street world knows of it...But what do these people have that say that say they have so much experience in the pinks? They cannot even show their face (their true identities) as Ed and I have both said. I don't see success there.
You say, "the odds are it won't happen." Remember, the payoffs are much bigger the greater the risk. The ironic thing is, at these cheap prices, it is worth the risk to me. As I said I am not in this emotionally, but after my own research and DD. I own many millions and if I lose it, I lose it. I don't gamble with what I cannot afford to lose. If Ed pulls this through, CAYO and I will, well, do more of whatever we want!
One of the last stocks I was in, I paid for my car and I took a trip/cruise and I paid some bills and I still had money in the bank and in the market. I hope everyone else will do as well.
SEGI
I agree with you primarily. However, I do believe Sycamore Entertainment has a future as does its investors and its stockholders.
All Ed was saying is that stockholders are not the first ones that will realize profits. That those who are "complaining" (to put it nicely) do not understand the process/market. He is saying they are hurting themselves and only hindering the company.
No one should "fall in love" with a company, but when you have one that is actually doing something, don't jump out too early either. When you have one that is actually producing, it will benefit you to hold it through its ups and downs.
There will always be "naysayers", that are playing games and trying to manipulate the prices, but they are insignificant in the overall picture of a company that is actually doing something.
The reason I did not take a lot of profits when I could have and then buy back when I could have is that is not how I make my money. I find good stocks and wait until they go to where I believe they will. That is how I do it, I know there are other ways...I hope however you choose to make money, it works for you!
SEGI
Yes I did, and it may still be Mantivities...Have you noticed the release date on iMB has been removed. At least I don't see it any more...May be just moved back.
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.10, Now that is what we're talking about!
$9,100,000 Worth the wait IMHO.
...and you will still own more of SEGI than the "average bear"! 
lol
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We just have to wait for our turn on "the food chain". I understand that and whoever does not should probably not be trading in the pinks.
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You are a very smart man CAYO...That is why you have such a HOT wife!
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I am glad to be on the same track as you... Much respect to and for you Mike!
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I am definitely going to consider this!
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.000025. LOL
SEGI
How are you doing CAYO? This is where the "big boys" are going to play right now. Can't believe anybody at this point. Especially "newcomers".
Ed is frustrated and he himself is being emotional and somewhat immature in my opinion. I except that and believe he will learn and grow from this. I believe like Mike L., he is speaking more to those who are antagonizing him and the markets sentiments about SEGI. He is stating that the best way to make $$'s is by "investing" into SEGI (according to Ed). I think that is big of him to try to share this reality. He is actually saying what Fitman has been saying and I agree with him.
If I get the opportunity, I will turn some of my shareholding into "investments" for SEGI. It is a good move IMHO.
I want to encourage you to not buy "into" the overall negativity. You don't have to sell at a loss in my opinion. I certainly will not be. There will be another run and at that time I will do a bit of converting myself.
Hope you are good and that you make the best decisions for you and your family.
You are a true amigo!
SEGI
"As of right now, Sycamore has completed the audit and it is now in the stage of doing control testing."
It isn't over until the fat lady sings! Remember even though Wikipedia says shareholders are investors, Ed does not. Just because he says the audit is complete, in the same sentence he says, they "are in the stage of "control testing". It may be that to understand Sycamore Entertainment, one has to understand Ed's definitions. According to him, "audit complete". According to "http://opentuition.com/"; it is not done.
Below is the article from opentuition.com
Audit tests: the difference between tests of control and substantive tests
The purpose of audit tests
The purpose of audit tests, or audit procedures, is to allow the auditor to collect sufficient appropriate audit evidence to be able to conclude with reasonable assurance that the financial statements (FS) are free of material misstatement. If sufficient appropriate audit evidence cannot be obtained, or the evidence points to a material misstatement in the FS, the auditor will have to issue a modified audit opinion.
Misstatements will find their way into published financial statements only if three events all happen:
An error is made in the first place. The risk of that happening is known as ‘inherent risk’, and assessing that is a very big part of audit planning (not the subject of this article).
The client’s internal control system does not prevent, identify or correct the error. This is known as ‘control risk’.
The auditor does not detect the error during the audit. This is known as ‘detection risk’.
There are therefore two lines of defence preventing an error that has occurred from ending up in the published FS: the internal control system and the work auditor carries out.
If the client’s internal control system is good, there is a reduced likelihood that there will be an error in the FS and the auditor will reduce the amount of audit work to be carried out. If the internal control system is poor, the auditor will have to perform much more work as the audit is the only defence left against a material misstatement appearing in the published FS.
Therefore, the auditor must:
Assess the effectiveness of the internal control system. This means investigating both its design and its operation. The operation of the internal controls is assessed by carrying out tests of control.
Obtain additional, direct evidence about the amounts shown in the FS. This evidence is obtained using substantive testing.
Consider the receivables amount in the SOFP. One way in which this could be misstated would be if it were incorrectly valued, perhaps because a large balance was owed by a customer who was unlikely to pay.
The controls that would help to prevent that include:
Take up credit references on new customers.
Establish a credit limit.
Producing aged receivables analyses.
The follow up amounts that are not paid on time.
The operation of these controls needs to be tested. For example:
Look at the client’s files where credit references are kept to ensure that every customer was investigated. The auditor would inspect the references.
Look for evidence of new orders being rejected if they would breach the credit limit. This could be tested by inspecting copies of notifications sent to customers. The auditor might also consider using test data to observe if an order exceeding the credit limit is actually rejected.
Inspecting notes made by the credit controller of conversations held with slow payers and perhaps enquiring about the follow-up procedures that are carried out.
Each of these audit tests are testing a control or control procedure. They are therefore tests of control. These tests are not investigating the receivables balance in the SOFP. I repeat, a test of control tests controls, not amounts in the FS.
Tests of control can be grouped into:
Enquiry and confirmation. For example, ask the credit controller about the way in which customers are encouraged to pay and ask how these customers are identified and how often they are followed up. This is a relatively weak source of evidence because the credit controller might exaggerate his or her efforts.
Inspection.
For example, the credit references or notes made by the credit controller of conversations.
Observation. For example, observing the credit controller at work.
Recalculation and reperformance. For example, ensuring that the aged receivables analysis seems to be accurate.
Even when internal control systems are very good, the auditor will always carry out tests on the figures in the FS. The work has to address all the assertions made by each material figure. For example, valuation, completeness, existence etc. These tests are substantive tests and consist of:
Analytical procedures and Tests of detail.
So, staying with receivables, the auditor would calculate the receivables collection period. If this were not too large and broadly in line with previous periods, the auditor would have gained some evidence about valuation (ie most debts not very old).
Tests of detail would include:
Writing to customers asking them to confirm the amount owed (existence and ownership).
Tracing, by inspection, some sales invoices to the Dr side of customers’ accounts (existence and ownership).
Observation/inspection of amounts received after year end. This gives evidence about valuation because if a payment is received subsequently the debt was obviously not bad.
Recalculation of bad debt provisions.
Substantive tests therefore include analytical procedures in addition to the four classes of audit procedures available for testing controls, so giving the well-known mnemonic AEIOU:
Analytical procedures
Enquiry and confirmation
Inspection
Observation
Recalculation and reperformance
Remember if the tests of control show that controls are not operating correctly, the auditor will have to increase the substantive tests. For example, if the client does little to assess customers’ credit worthiness to ensure, as far as possible, that debts are recoverable, the auditor will have to do much more work on the receivables figure in the SOFP to be satisfied that the amount is valued at a true and fair amount.
SEGI Everyone sounds emotional. Not my kind of conversation.
Long and strong!
SEGI
All I'll say at this point is to remind everyone of an article Ed shared last March and I have pointed to several times here on this board...
Playing Penny-Stock Roulette
I don't see Ed saying much different now than what he was saying then.
As is the case, one gambler to another many...
Looking forward to the WIN!
SEGI
Anybody notice that HHSE has a couple more people following Ed now? Renewed interest? Something about to happen? I do believe the next few days/next week will prove very interesting. As CAYO says, Time will tell.
SEGI
One retailer taking a lot of risk to hold this down...When SEGI blows, it will be a he** of a scramble to jump in...
SEGI
Several of us are counting on it!
SEGI
Ed said, "He is building something he's proud of." I think he is doing everything he can do to get this back on track. I think he'll do it.
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Depends on what he has been working on. He has been to busy to communicate lately, I figure that is a pretty good sign. Isn't one of the rules of playing the market, Buy on the silence...Sell on the news?
SEGI
AI
