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"Just because you cannot see it, does not mean it does not exist".
People use this excuse for their own adgenda all the time. This is what pyschics, paranormals, fortune tellers, mediums, occultists, etc., use to "justify" their peusdo-science, and charge you money to tell you something that's obvious to most!
Nobody, including the people in the Bible can predict the future, better than 50/50... so Please stop the Religous lectures.
John Good
I agree with it probably wasn't only the MM's, as they MAY have seen some large afterhours orders placed by some entity, and possibly been tricked into lowering the price to that level?
Point is, we will probably never know under the current Market system!
John Good
I think that it's a good deal at a penny... at the expense of previous innocent shareholders that were tricked into Selling for a loss!
But... that's the way of the Markets!
John Good
There's a hole in your theory! If as you say the WS article couldn't have been read by too many shareholders ( which I believe is true ), then at Market Open at 9:30am Thursday there would NOT have been a backlog of sellers all wanting to get out at once!
I believe that certain MM's manipulated the opening price to .05 or whatever it was at open from .09 close, and the sudden drop to .01 was also manipulated, to PANIC the inexperienced shareholders... and it worked!
And then most of the shareholders would have seen the WS article later that morning, and it HELPED drive the panic!
IMO, this was a set-up raid on the shareholders, with the WS participating, knowingly or unknowingly.
John Good
Windsor Star Class Action Lawsuit!
As I said before... count me in!
Thanks Airys!
John Good
Getting there jannie!
John Good
Thank You! I remember reading that comment!
I didn't think much of it when I read it, as it wasn't completely clear to me as to what Petar meant by it.
If their year end was May 31/06, but they changed it to Dec. 31/05, then I can see why he would say that "the audit touches very little on the 2006 year"! If this is the case then there must just be some corrections needed on the AF's.
If they are waiting till Dec. 31/06, then the AF's will not be available till January/07, at the earliest!
It's got to be one of these two senarios.
John Good
Hope so jannie! How are you?
John Good
Count me in on the class action suit, when you find a lawyer!
Remember... we were all hurt by this BS reporting from the WS, because of the drop in value of the shares, even if we didn't Sell!
John Good
"I think I heard him say that he was waiting for the Sulja's to complete their year end financials before the AF's come out. I guess he needed those documents first. Don't ask me why he didn't say that before, I really don't know."
Airys... Does this mean what I think it means, in that the AF's won't be out till January/07, or does anyone here know when SLJB's year end is?
John Good
Just take the battery off, and blow/suck out as much water as you can ( using a vacuum or your lungs), and let it dry out in the sun for a day!
It should be fine!
John Good
The way I look at this statement that Petar made about the company thinking that there isn't a significant short position, is...
The Shorters/Naked Shorters/Share Counterfeiters try to hide the Illegal or Counterfeit Shares by many methods, including not reporting them, shifting shares from Broker to Broker before the 13 day deadline, etc.
Even the DTCC won't release the true FTD's unless they are FORCED to do so. The SEC is always trying to cover up for the Wall Street criminals. Add in the large Brokerages, the large Investment Banks, the Hedge Funds, the Off-Shore Entities, etc. all trying to cover up any illegal activities... Well you get the picture!
SLJB just may not know that they are possibly being Naked Shorted!
John Good
Just so that you don't feel in the minority... I too believe in Evolution over Religion! Evolution makes sense and can be observed thru what we all see on Planet EARTH!
Sure, a lot of people say to look in the Bible for the truth, but we all know what happens when something is translated over and over again, don't we?
John Good
Yes, I agree that the SEC is a MAJOR problem, that contributes to Market Manipulation!
I take it that you are up on the latest news about the SEC being under scrutiny by The Senate Judiciary Committee by Specter & Grassley, about Aguirre ( a former SEC investigator )who was fired when he tied to investigate Mack ( now a big shot at Morgan Stanley ) for suspicious trading!
Seems like the SEC is accussed almost on a weekly basis of not doing their job on something!
All these accusations can't be wrong, IMO!
John Good
Question is... Can anything be done legally to stop these slimeballs, and recover the shareholder's money that has been stolen?
No, I have'nt sold so I don't have a real loss in the traditional sense, but EVERYONE in this stock has suffered a loss, in that the share price was around .12/.13 before the raid, and now is below .02! When the AF's are released, and IF for example it turns into a 10 bagger from here, it would only be maybe .15 - .20, instead of $1.20 - $1.30!!!
Please anyone here don't lecture me on the perils of the Penny Stock Market... I'm a big boy, and just because these are the Pennies is NO excuse for illegal & criminal activities at the expense of shareholders! For you bashers... No I'm not implying it was SLJB, you are!
If the Market was more transparent in that ALL trades were easily available for scrutiny, NO monies were paid untill shares are delivered, real restitution & jail terms for the crooks, etc., then these illegal manipulations would be curtailed. That's why we all should be signing petitions for Market Reform, and doing whatever we can to help clean up the Markets.
BUT, I just know that when SLJB's share price starts to rise, pretty well everyone will forget this "little incident" and nothing will be done about it, and the crooks will be "laughing all the way to the bank" and looking for their next victim company!
This is why IMO, nobody should Buy & Hold Penny Stocks... just Swing or Momentum Trade them. That's what I was doing here, but got caught in the raid from .09 to .01!
John Good
You must have been "linked to me telepathically" when you composed this! LOL!
Great Post Frankie! It says what most of us are thinking about the situation here.
The only thing I would like to add is, whoever the slimeballs are who drove the share price down to .01, and caused a lot of innocent people to Sell and lose a lot of money, must be made accountable! This happens too often in the Penny Stock Market, and the criminals that do this get away scot-free in most cases!
I know that people like us who didn't Sell, are thinking "So What... I'm still OK", but the way I look at it is, we were robbed ALSO in that the share price was holding at say .12 or .13 BEFORE the raid, and when SLJB released the AFs, the price MAY have gone to a $1 or so. But now with the share price at .015 to .018, what would the price run to with the same AFs? .12 to .15 is my best guess!
So they screwed us too!
That's why I've been fuming ever since this raid happened!
John Good
Just read the latest PR this AM, and looks like all those who held thru this BS, will be glad they did!
I just feel bad for any real shareholders who got shook-out during the raid to .01.
John Good
Don't beat yourself up, as we were all blindsided by the raid on the share price, and none of us (except for the slimeballs that perpretrated the raid) could have seen it coming!
John Good
And, does anybody here think these same "Securities Firms" are also incapable of Naked Shorting/Share Counterfeiting?
Don't think so, according to some of the accusations in the Financial News the past couple yrs.
John Good
Besides, the name of the Accounting Firm is of no real value to anyone here, as ANY firm doing such work will be QUALIFIED to so, and we need not be concerned about such details!
Now, if some here want to pester the Accounting firm with stupid questions, then I can see why you are "getting your panties in a bunch"! LOL!
John Good
Come on... You know damn well what Petar meant when he said "the Nuts"!
That remark was directed at guys like you, not ALL shareholders in general!
The AF's & the Auditor's firm name will be released when they are ready to be!
I too would like to see them released tommorrow, but from my experience in the business world, I can appreciate the need for ACCURACY!
John Good
Yes, I wish that I had missed this one when I bought in at an average of .118! LOL!
Now is the best time to Buy SLJB, although it is so sad that it is at the expense of the previous legitimate shareholders, that were conned into Selling their shares by the slimeballs during the raid!
John Good
I thought that Lesson #1 was... Not to wear underwear, so that the strip search goes quicker! LOL!
Sorry... just trying to interject some of my twisted humor, to lighten everyone up!
John Good
That's what I've been thinking since the raid on the shareholders!
Being Canadian, I know how efficient the RCMP are in their investigations.
Also... How do we know that Petar V. isn't one of the good guys here, as the people at SLJB speak highly of him, he hasn't left the country, and he volantarily met with Stock Hog & company to answer their concerns? Does this sound like a crook to you?
Maybe, just maybe the RCMP met with Petar V. to gather evidence against somebody else.
Besides, here in Canada, just like in the US, you are innocent until proven guilty! Except in OJ's case anyway!
John Good
Yes, and finding out who is behind this MUST be priority above anything else!
The shareholders were robbed in that raid, and a crime was committed, no matter how some may try to cover it up.
Someone, with or without help from company insiders, conspired to drive the price down. The WS articles are suspicious to say the least, so are they involved? We don't know yet!
I'm sure that SLJB is investigating this raid on the shareholders, along with the appropriate authorities.
John Good
Thanks Stock Hog & Airys!
I'm glad that Petar met with you guys. IMO, it was probably better that he did instead of Steve, as a lot of people were accussing Petar of everything bad under the sun!
I'm glad that Petar cleared the air.
The only thing that surprised me was, that they don't think that they are Naked Shorted! There HAD to be some kind of illegal manipulation happening, when the price dropped like a rock from .09 to .01!
John Good
Gesus... You and bpar 1 must have gone to the Shakerzz School of Stock Expressions! LOL!
Nice to see some activity with WNMI though!
John Good
You mean you didn't sleep with Petar! LOL!
I must apologise... I thought you were joking this AM, and was fooled by the imposter!
So Sorry!
John Good
Pennimon... Great Friggin' Idea!
Thanks tombrady12nh!
John Good
Tend to agree, as not too women I know would talk about themselves like that!
On the first post, I actually thought it was her joking around!
John Good
You mean I just replyed to a "virgin"?
John Good
OK...Ok! I'll stop!
At least I would have called you the next day! LOL!
John Good
You own "a couple million" shares, and you post negative things about your investment?
Does that not sound like a stupid thing to do?
It sure does to me, and it's also bad for others here who are holding shares because they believe in SLJB, and you are affecting them to some degree!
And you wonder why some people here don't like you and others with the same "investing philosopy"! LOL!
John Good
Pennimon... Great Post! Glad to see another investor here with COMMON SENSE, which is getting scarce around here!
Not that I want to see anyone here waste their time & money, but Steve might be polite & maybe meet Stock Hog & whoever, but I highly doubt if he will disclose anything... he can't, unless he does it in a PR to EVERYONE!
OR he might not see them at all, without an appointment! Do you really think that with all the things that Steve has on his plate right now, he is just sitting there waiting in his office?
John Good
You mean that there is a possibility that allinone is right here in London, ON Canada?
I'm in London myself, but I just had a "vibe" from allinone that he was in the USA.
NO... I'm not going to go over there and confront whoever!
To me, this is just another stock play. IF it doesn't work out... cest' le vie! I've been burned before and probably will get burned again sometime! LOL!
BUT, I'm holding onto my shares until the AF's come out, OR the price hits at least .20!
John Good
Does anyone here know how to BLOCK the annoying flashing gif running beside all the posts on the right side?
It is hard on the eyes and very distracting... and I even tried clicking on the link to get it to stop, and the contest is only open to US residents! This is the same annoying "Congratulations you are the 1,000,000 visitor to our website, etc." ad that runs all over the web!
Isn't there a way of blocking certain websites on Windows ME or IE 6?
John Good
Well in that case, will you Please post the Float numbers on CMKX Proboards 70 & 49, so we can discuss the validity of this!
John Good
Sorry there bud... I'm not going to spend my time trying to educate you about the Market!
Suffice to say, mine is an educated opinion, from practical daily experience in the Markets over the past 5 or so yrs.
Besides... If we all knew the same amount about the Markets, then there wouldn't be anyone to Sell to! LOL!
John Good
I am a CMKX shareholder, and the Float of CMKX has always been a mystery... How did you find out, when nobody else could?
Did I miss a PR or Financial Stmt. filing? LOL!
John Good
Simple... I still hold ALL my shares, and a SEC Trading Halt ALWAYS is preceived to be NEGATIVE, and the share price after trading resumes, will reflect that, and even if the SEC finds nothing wrong, the share price will take a long time to recover!
Thus, giving the crooks even more time to cover, and me having to wait even LONGER to justify Selling my shares.
I'm sure the ultimate goal of these slimeballs, is to have SLJB NEVER trade again, so they never have to cover!
But, this is my opinion only, after participating in the Markets for the past 5 yrs... So what do I know anyway?
John Good