Well a 1 for 22 reverse split is coming Monday... Not good but we knew some type was coming and it could've been a lot worse. It seems to have a low float already so after the initial sell off it should be a busy day/week of bounces :)

Think it may finally be about time to load up a little more!

Usually Karen is very talkative and throwing big #'s out there but this time she was very quite and wouldn't spill anything. She just kept asking was I happy with the increase in volume the past few days and I told her very much so and she said well thats all I can really say until after Friday.

SO.. being she needs to get something out by the 15th to keep the semi-current status and the fact that she was acting completely different than she has over the past 6-7 months, leads me to believe we MAY get something big in a PR on or before this friday!

Now that being said it could be the N-2 with some great #'s starting to come in OR it could be some fluff PR like the last several have been. We shall wait and see and either way I can breath better with my portfolio looking much better lately :)

Not what y'all wanna hear but the N-2 isn't coming this month :(

IMO she will put something out (hopefully the N-2) mid-sept in order to keep from losing the semi-current status or whatever it was that we just gained back. That's strictly my opinion but seems logical.

Facts: I've told Karen from day 1 that I'm not concerned with daily activity and will leave my money with her for as long as need be or some of it forever if things go as planned. I told her then and many times since the ONLY thing I ask is that she gives an accurate timeline and if something drastically changes for the good or bad to be honest about it. Originally she was right on but for the past few months she has started wavering. Examples: June 25th and 26th she told me that the N-2 would be filed by friday June 29th and announced on the next Monday, followed by a couple week run of big news PRs, like a multi-million dollar contract, etc. That was 3 days before, it's still not out so something drastic must of changed... Karens answer was something was found to be incomplete but they were getting it corrected asap. She contacted me on July 12th unprompted and said the N-2 was completed and would be announced by end of the month. Still nothing... I don't hound her for info and don't even watch this board unless I go to missing it. Very rarely do I ever post unless I am asked to or have something that I think shall excite the board and kind of feel like I'm a link to her for all of us. That being said I'm growing extremely frustrated with her! I'm a man of my word and will hold until I have a definite reason to let go and honestly I don't see that in the near future so I'll just hold my shares and my frustrations lol. As long as she Continues to respond to me I will keep hanging on. And for what it's worth she says the reasoning for the delay now is more companies being added... Take it for what it's worth.

Share structure to the best of my knowledge is A/S around 500 million, of which only aprox. 150 million are issued and almost 100 million of them have been issued to investors as restricted shares and want even be tradable for a couple years. Great news imo since she has never shown to pump and dump and instead is choosing to get money from big money investors with restricted shares instead of dumping on us. And if this company isn't able to support those shares hitting the market in a couple years time... Well IMHO that would mean its a lost cause anyways. SO my guess is float around 60 million which is very low!

My final take:
Karen has a great business concept and is the reason I was drawn into this stock. However I feel she may have taken on to much for herself and is losing momentum and investors everyday by not meeting her unrealistic deadlines. She is working on figuring all of SBCOs financials out while still having an ownership interest in at least 6 of the 8(+) companies and having to deal with their daily operations. She needs to get some quality help before we can start meeting deadlines and moving forward.
That being said with a low float and this stocks history of big moves IF she ever puts some concrete filings out or even one big contract this thing could easily run 1000% or more and sustain it IMHO!

PS those who are PMing me I appreciate your input and questions but I can't respond as I have canceled my package here because of my infrequent use and their high costs lol. Sorry. But I do read them so you can keep sending them just do expect a response.

You are correct in her saying a well known company or individual would be coming on board but I have long grown weary of that. My reference was about a distribution contract with one of the already named companies. I heard it from an outside source which makes me tend to put more faith in it. Karen will not confirm nor deny it when I've asked her though, only saying that big things would start to be announced and that she couldn't say anything to any shareholder until she announced it to announced it via PR... Which I took to further my belief in the rumor.. We shall see... I'll wait it out!

My take:
I've been on the road for the past couple weeks so I haven't got to watch much of the level 2 to see if it is MMs or retail moving the price, but here's my opinion...
It dropped on $150 so if it was retail it is a great chance they sold for a loss since it's been above .01 for so long. So not only would they be selling at a loss but they could of sold those shares for 2.5 times that amount nearly any other day over the past month. So it wasn't retail unless the person was trying to be a MM and drive the price down to get cheaper shares, which would be extremely dangerous since nobody else seems to sell that low so they probably just lost their shares. I know I'm not parting with mine that low because I doubt I would get the chance to get back in. I'm fairly confident the price action was by a true MM. A good MMs job is to keep a stock trading, so they drive the price down until they get buys coming in then they raise it back up. I go to big money auctions quite a bit and they will start the price out sometimes and nobody will bid and they drop the price significantly then on lots of occasions the bid ends up getting higher than the original price. So effectively a MM is a live auctioneer for the stock so IMO the buys kept stopping around this level for past month but there continued to be bid setting by the retailer with 20-40k shares a day around the .2-.25 level. On that day the retail bid never came in so it would be the easiest day for the MM to drive the price down so they did. Just IMO but I believe it's pretty accurate.

Couple scenarios I see happening:

BEST CASE:
Karen gets the N-2 out by months end plus maybe me go ahead and move to a bigger exchange and either way it brings in bigger investors and we all retire.

WORST CASE:
Karen doesn't have the financing to get everything rolling and the company goes under. I do believe even if this was to happen that we would get a pump or two up above .10-.15 before that would happen. The reasons I think positively is that Karen has never pumped an dumped.
Even when it rose from .001 to .1 it wasn't on a ton of shares and there was no dump as it slowly came back to current levels over a few weeks/months. I just believe if financing was the problem that we would see some pumping before the towel is thrown in and as energy_wave said this stock moved dramatically with little volume so any pump makes us all happy :)

I honestly see no way this stock doesn't eventually go up, it's just a matter of how long shall we wait... Plus I'm still holding out hope of a pretty major contract with one of the companies that I caught wind of last month. If it does come to fruition then even fully diluted this stock would be at several times it's current level!

Possibly.. I can't argue with that. BUT Karen has never shown a need for a pump and dump to raise money and that is usually the red flag in pinky land. Read my long post just posted and I explain all my madness in detail!

This toast looks good either way you slice it IMO...
I know you've been in it a long time, as have I, and the delays are frustrating but better days are ahead! Give me a second and I'll explain in my next post.

Not to get the room excited or anything... but if anyone still bothers to look at the Level 2 on a daily basis you would notice that today NITE increased their BID, both in quantity and in a little higher price!
The main thing though, is we have another bidder join the race! "CDRG - CITADEL DERIVATIVES GROUP, LLC" - Their bid is at the bottom but the main thing is Karen is doing exactly what she said she would do by getting more money involved! As soon as things start finally coming together this thing is about to make us really happy!

NOW... back to silence! Lets keep it quite in here and not get too excited LOL

YES!! Been waiting on this one for a while. From day one this is the one for sure product that we have had to hold on to!

Remember it premieres in select theaters on the anniversary, which is July 20th. This Friday!!

So we should be able to get some numbers Monday morning and make some guesses at revenue at least!
If I recall the revenues are expected to be like $3-5 million off just the release alone!! Put that with some of the contracts soon to be released from the other companies and we are about to make some $$$$

"Stop" to "yield" leads to "go" eventually lol
As soon as the N-2 is released we will become OTC current. The N-54A didn't replace the N-2, it's still got to be filed. We are now "current" up through 2011 financials with the latest filings but still got to get up through Q2 filed of 2012 to officially be current. That is what the N-2 will show and should be a lot faster than the other years since Karen has been in control for that period.
The mistake Karen made was saying the N-2 was coming in 6 weeks back in February. She should have known better, having 8 companies whose financials have been in a complete mess for years takes time... And that time has come, just got to get the last few months in order now!
As I've said before on here, it's my understanding that once we do become OTC current we will then have an IPO on to a higher exchange with more trading activity and hopefully much higher a price... Which exchange I do not know...
Things are getting exciting though so join the fun with us!!

I wouldn't fret over today's action that much. Yeah it's frustrating because our portfolios look cut in half today but the only sell today was only $200 worth and with no volume it drives it down 40% lol. That tells me either someone really needed some cash or someone is trying to manipulate the chart. Currently the shares on the ask come out to less than $1400 which could easily be knocked out in one whack so I wouldn't worry about it, especially since it's all retail traders. I would watch nite on the bid as long as he is climbing then we are fine!
We all got to remember that until we get serious investors with big $$$ in here it's going to trade thinly with big swings like today... And those aren't going to touch this until we get some big news announced which should be coming Very Soon!!!
Whoever takes out the $0.025 on the ask will probably double their money relatively quickly IMO or at least I hope they do!!! :)

A steady slow creep is fine with me!!

I tell you though, you cant watch the level 2 all that closely or it will cause chest pains lol. The bid disappears then the ask then the bid lol but as long as it keeps inching up we are fine!

The higher we are before the investors actually get in here the more it will run too! So let's keep climbing!!

I would think the IPO would take a little more time but I was told that it has been progressing along with everything else and all this news that we have been waiting on is kind of being used as hype to get investors in to the IPO in the next month or so...
Interesting and I guess wait and we shall see!!

I have canceled all my sell orders for the time being just because I don't want to have SBCO come through with some big news and being no volume my shares could get eaten up very quickly.
Honestly the first resistance is around 10 cents and I will probably sell some shares there just because I have so much invested here but I will defiantly be holding some long term just to see if the CEO comes through with the IPO to another exchange in the $1-$2 range which is what I am hearing.
Regardless of that if we get some investors here I think we could see 25 cents easily in the very near future... BUT we got to start by getting this N-2 filed!!
Good luck to you!

Get ready for some more (bigger) news this week! Small steps but a slow climb north is fantastic until we get some big investors into SBCO!
To answer one of yalls question last week, the N-54A does not replace the N-2. The N-2 will come but that had to be filed first and I do believe the previous years financials have to be posted also before the N-2.
So I would expect an 8-K early this week! Remember also that the financials want look great on the 8-K because it is clearing up previous ownerships mistakes but is a very important step in proving the legitimacy of SBCO!
Set your sells high and let's have another great week!!!

I think you may be catching on to something ?
The float is tiny and while it will increase some, it will be to secure the companies and the majority will be restricted!
I been saying it for a while... We are setting on a gold mine! Last time volume came in it went from .002-.0975!! That was when the company had nothing but words.. IF we get proof with the N-2 then SBCO moves north big time!
Rumors are just that but the ones I am hearing are saying the company wants this stock in the $1-$2 range and possibly have the financials/contracts in hand to support it ?
SO... Enjoy the coming ride!!

Guys n gals the going is about to get good! Today may well be the last chance at cheaper shares! We want be seeing the N-2 until I'm guessing Monday. It will be filed on the last day of SBCO fiscal calendar year which is Saturday June 30th so nothing today :(
However it WILL be filed and that want be all! I would expect the month of July to be a very profitable month for us longs!
OR to keep it real it could prove us all fools to a crooked CEO... Again though I've done a ton of DD and spoke to lots of people and I think Monday is the beginning of a major uptrend, filled with major announcements!! Even after everything comes out we are going to have one of the lowest floats I've ever seen by a penny stock!
This is all IMO an based only off tons of DD but IMHO it's time to get excited about SBCO again!!!!!

If anybody does want any kind of optimism, the chart currently looks pretty nice! I realize without volume it may seem foolish to even mention but like I said previously I expect some buying leading up to end of the month just on the hope that Karen puts the N-2 out. So looking at the chart we have to slow sto ready to head up and the Macd crossing into the positive, if you have looked at the level 2 you will see that the ask had thinned pretty dramatically which also MAY be a sign that people are pulling back waiting and not wanting to sell now in case the N-2 does come!! Just something to try and get some excitement/optimism back on this board!!

I kinda like the squish concept too. It's not gonna be a high revenue business which is why some want like it, but I work in an extremely high revenue industry and I can tell you that comes with extremely high costs , especially during down times. I'm unsure how exactly ice cream can be kept in stand alone machines but if it works overseas then it's possible and ice cream is a high commodity in the US so we will see. Stand alone machines after you factor in that there is no overhead costs and very little maintenance usually bring in more than a person would think though!

Care to share plan B? If this doesn't pan out by the end of the month we will all be holding the note for Karen. I don't know what the plan is but I can almost guarantee you the only way any of us sees any money is if Karen puts the N-2 out shortly. Legal attempts typically get put to the side on these pinks and wapsi is as good as anyone at getting things out of these companies but even he can tell you that.
All that being said it is make or break time for the company and our pocket books and I feel pretty confident that Karen will come through this time!

No disrespect, but you missed my point if that's all you pulled from my essay. The float is currently very small and yes there is very little interest. That will change "IF" she puts the N-2 out on time this go around, but still with float so low and if it goes up 1000% again like last time and only has 1 day with over 1 million volume then interest will quickly fade again because people know it can go down just as fast. I fully expect the float to be increased in the future BUT what I was saying is that isn't always a bad thing, especially for a stock with no volume.

I understand losing faith in Karen and have also learned to never trust a CEO to much,
but honestly like energy_wave said she did come through with the new website and it is
being updated fairly recently. I was hoping for only 6 weeks but never did I believe that an
N-2 involving 8 different companies could come together that quickly. I admit that I lost
some faith in her because she never explained the delay and at that point nobody ever
answered the phones or returned voice mails or e-mails, but now that has all changed
and Karen herself will even talk with you.

As for the float I tend to disagree somewhat with you.
Do I believe that there is only 4 million
currently in the float? NO
Do I believe its 30 million or more? NO, I believe it is around half of that number, the reason being that there has only been 4 days ALL-TIME where this stock has had over 1 million in volume, if there was 30 million shares floating around that would happen more often and probably around that many consecutive days when hype has been up.
Do I believe the float is locked up?
YES, and I don't really understand how you can say its not... There is always at least an entire cent gap,
Yeah there is no volume because there is no interest from buyers but there is also no interest from sellers
to sell that low either. Obviously ever now and then somebody drops some shares at the low price but
evidently it has been surge1k doing it according to his last couple posts. Another question do I believe when the N-2
comes out that there will be a ton of authorized shares? YES, this company is set up to fund businesses
so shares will have to be created and with 8 businesses I have a feeling there will be a ton of shares,
however these shares will be restricted for a time frame and some probably for the lifetime of the company.
The float will have to increase too if for no other reason than to spark volume, but its my strong feeling
that looking at the Level 2 that the volume is so scarce that it could easily creep back up to .04-.05 by end of
June just on 1 or 2 people having growing anticipation of the N-2 and if/when it is PR'ed the price will shoot passed
the last run to .10 and probably at least .15 if not .20s.

Concerns that I do have though (Being fair and looking at both sides):
Karen has an ownership in 6 of the 8 companies going into this and thats from her own mouth. So while I do believe
she wants SBCO to succeed, as she will make big money if it does. I also hope that the sole purpose of SBCO is not
to sell shares to fund these other projects of hers. She will have to focus her attention more on the individual
companies if they are to succeed but I'm hoping she doesn't just ignore SBCO except when she needs a loan.

BOTTOM LINE IS:
None of us knows if Long Term this will be run ethically or like 99% of the other pinks out there but Short Term it is bound to have another pop in it leading up to June 30th! If N-2 comes out by then or else a VERY good reason why it didn't then it could be a longer term play IF NOT then I agree it is a dead play!

I'm not sure what the SHF group is but I use those letters because it's the initials for my company.

Do you know of some old notes coming due?

I hope so! It's scary holding this many shares and watching your portfolio multiply and then divide ever couple days on a few thousand shares lol but at the same time the entire float could be locked up with less than $50k setting at a penny. Never been in a stock with such a low float before and very excited about it! I'll post some more of my DD later.

Lets get some chatter going in here again!! Still a very exciting play despite the obvious risk. I have been in this stock and keeping up with this board for quite a while, but this is my first post here. I have been doing a good bit of research to calm my frustrations and there is a lot of reasons to like this stock and believe it will start to go up once volume comes.

The key is Karen has to meet this deadline and get the N-2 posted before the end of June. After talking with her on the phone several times I really believe this will happen. Apparently the 6 portfolio companies we already know,33 Karen owns or has strong control over and the 2 we are waiting to hear about is creating obstacles because she doesn't have control over. It sounds like things are straightened out now though and just finalizing everything. I say hold tightly through June as this could be a great play if she comes through for us!

KEY DATES To Remember IMO:

June 30th - the date Karen has promised to have the N-2 filed by. Also, the end of SBCOs fiscal year which in my opinion means it needs to be filed by in order to be a legal BDC for the upcoming year.

July 20th - marks the 43rd anniversary of Man Walking on the Moon and also signifies the theatrical release of "July Moon" which is the only finished product capable of producing revenue that we know about from Renaissance! Expected to bring in $3-7 million!!!


Float is still currently just over 4 million shares and between me and you and a couple others here we have most of that locked up. Hence the lack of trading activity. The good news is there has obviously not been any diluting unlike most other companies on the OTC.
I was also told that plans were still in the works to move SBCO to a bigger exchange in the near future. I was told this is how that would work: the float would be increased through kind of an IPO to the bigger exchange. She said the IPO would be between $1-$2... Whomever owns the 4 million current float will still have those shares but they would also be valued at whatever the IPO is, kind of like you got cheap shares before offering, which we did... What's your opinion on that wapsi?? Or on any of what I have said...