Stayin' Alive
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Lots of doom and gloom out there. I can't disagree with any of it. Everyone is entitled to voice their opinion. I've told Sam many times to put something out there (PR). However, Sam walks to the beat of his own drum.
In my last two conversations with him he told me he is very close to putting out some news. He is doing all of this work for the shareholders and it looks like it will finally show some positive results (Soooooooooooon, to quote lazyeye) LOL! I still am not worried that this company won't become a real success story. Of course that is strictly my own opinion.
I still am planning to meet with Sam in late October or early Nov.(assuming my doctors approve). The first half of Oct. is practically all Jewish Holidays. Sam has even offered to meet me half way if that would help. I live in upstate NY. If I get any news from him prior to my trip you can rest assured that I will post it on this board.
The one on the left is Sam Hyams, the one on the right is Chaim Flatt.
I've been in this stock too long to take offense to anyones opinion. Everyone is entitled to express opinions as long as they stay within the boundaries of board etiquette.
In the past four years I must have spoken to Sam over 100 times. Not once have I felt or could I have proved that he lied to me. Believe me I've tried. I only know him to be an honest, hardworking, tenacious Jewish businessman who has had a number of successes in the past. I've also spoken to many people who have dealt with him in the past and none of them had a bad word to say about him although he was a tough bargainer. I've spoken many times with Joseph who has a large stake in this company and he is not worried. Joseph, as myself, does not agree with Sam's veil of silence but is tired of arguing it. They are close friends and he can do without the discord but is in no way worried that those loyals who stick with Strat will be amply rewarded.
I told many of you I intend to go to Toronto to meet with him as soon as my health permits. Sam welcomes my visit and wishes me a speedy recovery.
I've mentioned in past posts that Sam does not feel that PR"s have ever done the company stock price any good, but provable results will. He is working diligently to get to that point of reporting. He has had so many setbacks in this venture that most businessmen would have folded their tent and moved on. But not Sam because he refuses to disappoint the loyal people who are invested in Strat and believe in him.
This company will make it and when it does it will be something to behold. I know it in my bones. I just don't know when and that makes me as uneasy as the rest of you.
And Tanail, saying that he is working on news is not illegal. No one will ever see him doing anything illegal, it is not in him to do so. All I can say is continue to be patient. Our success will come in the future.
Rich and xray,
Yes, I honestly believe there will be a PR shortly this time. The last time I spoke with Sam he felt there were things done that could be reported and he seemed serious about increasing the stock value for the shareholders. I have related this information privately to the several people who came into this stock because of me who do not read or post on boards.
June 9 & 10 were Jewish holidays so I am hoping for it to come out by sometime next week but with Sam it would surprise me if it showed up tomorrow afternoon. He does not give out signals to anyone. In any event, Strat is a real company and I will be in it until the cows come home.
LOL. Myself, I prefer Blackjack at a private table.
The best advice I can give you is to post the DD you have done and the conclusions you arrived at. After all, this is a DD board.
After you do that the "core group" will evaluate it and correct it if necesary and fill in some blanks. However, you may answer many of your questions by reading past posts.
aggie,
When I have something factual report I give it to the whole board because we are all in this together.
Unfortunately Sam is not into sharing anything with me privately because of the "insider information" SEC rules. I do intend to go to Toronto sometime this summer when my new knees can take the trip. At that time I intend to offer my services as a member of the BOD. I don't know how that will go over as I don't intend to broach that subject until we face to face.
As for your dislike of Sam, it is misplaced. Sam could have folded this company a long time ago after he truly realized the difficulty of dealing with the Russian Federation. Putins' rise (Ex KGB) hasn't helped with all of his laws against Non-Russian companies. His stooge Medvedev will likely continue to get his marching orders and implement them. Putin is a throwback to Breshnev and Krushchev. So much for our idiot president knowing Putins soul and sharing a foxhole with him. We ought to bury both of them in that foxhole! LOL!
That is why, in Russia, Sam started building "Service" companies which stay below the radar. These companies own their own equipment, make a profit, and improve the environment which is one of Putin's talking points. In reality he could care less about the environment as long as his cronies make money.
So now maybe you get an idea of how difficult it is to consummate any deal in Russia since the Gov't monitors everything. However there is more scrutiny given to those who "own" leases or the rights to them.
I say we all wait for his next PR and take it from ther.
greenbulz, glad to see you. You asked the same question that I would like clarifiction on.
lucky, really glad to see you back, it's been a while. So tell me what is "crude awakening" as it relates to Strat. The name fits because the US is beginning to have one! I hope it defines a marketing initiative for Strat in either US or Russia.
If you don't care to discuss it openly, email me the details and I will cover it in my next call to Sam after the Jewish holidays. ( I think I may have to change religions just because of the holiday. LOL )
In any event it's good to hear from you.
One thing is for sure, Sam will never fold his tent and go away. If that ever was an option he said he would have done it a long time ago. Sam will not give up. He will make it a success for the shareholders. His words, not mine.
Believe me, I have tried. But if you look back every time he published any news the bashers tore it apart and the stock went back down. That is why Sam does not think that PR's work. The bashers also called Petrolux and cQuest and tried to queer those deals also, putting Sam in a precarious predicament where both demanded up front cash that Strat did not have. cQuest is not dead, just on hold after their demand of $100k up front. All of the current dilution has gone for investments that will benefit the future.
That is why I believe (and truly hope ) that the upcoming PR will document REAL progress that can't be negated. If it does then I think Strat will become a "freight train." Nobody deserves that more than we do.
I've spoken to Sam about 3 times in the past month.
The reason I haven't posted is because there was nothing new to report except what I discussed in my last conversation with him Weds. of this week. I told him that everyone, including myself, was upset about all of the recent dilution and lack of news. He told me, as he has in the past, that nobody in Strat is getting any of it. It is all going into the company for reasons which will become apparent in an upcoming PR. Yes, a PR. When?, he wouldn't say except it will be soon.
When I told him that dilution at these prices seems to be the wrong way to get funding his answer was that he didn't like selling the stock at these prices but he had to for the furtherance of the company's objectives. He also said that he has a plan to raise the company's stock price with successive good news. Again, no timetable but it will be this year.
From the tone of the conversation I do think we will get some news soon and that it will be good. This makes me think that progress has been made because he has never been this affirmative about preparing a PR. I also think it could come anytime after June 9th or 10th which he said were Jewish holidays.
At this point I'm just waiting to see if what he said will happen. If it does, and the news is good, we may be in for some positive growth. Still optimistic that he can bring it off.
Strat intends to pursue legal action against the perpetrators of the false postings where their website was used.
It seems that the board has sought out the lies of the Scotland deal. WE knew this from the beginning but chose no to get involved until Strat had enough info to take action. Federal crimes have been committed. Enough said. My congratulations to those DD'rs who originaaly found it and then continued with DD until they disproved it
That is what this board is about. DD'ers.
There should be news forthcoming soon but I will not speculate a date nor do I have any material info of such. But there is no doubt in my mind that Strat will ultimately prevail and pay off in a big way.
Can't argue with you. Don't know what your bike is made of but I would make sure you have sharp teeth just in case.
No info is frustrating for everyone, unfortunately I'm having right knee surgery at 6:00 AM tomorrow and will be out of pocket for four days. I've called Sam several times and he hasn't answered me. In the past it has been because of things he could not speak of. Frankly I'm tired of that and left messages for him that he could not like.
I go to surgery again tomorrow at 6:00 AM but I urge you all to call 1 905 761-9169 and ask for information. If you can record those calls all the better.
It's time for facts not BS so keep trying until I return.
Regards,
Yes, last week. He's been out most of this week.
Just hold on and be patient.
Can't argue that point but next time add "like a fox" to the crazy part. )
Remember, it's always darkest before dawn. No one on this board is losing more than me. (mid 6 figures).
I spoke to Sam last week and I expect a PR soon. I will try to contact him tomorrow to find out where it stands.
As for those who don't believe the outstanding share count, Only the transfer agent can issue shares so dont believe there are shares issued unaccounted for.
I intend to go to Toronto and meet with Sam and hopefully Chaim Flatt. Unfortunately medical problems (knee replacement and recent recovery from acute bronchitis are sidelining me). My right knee is scheduled for replacement on 3/5 and I don't see a window to get to Toronto before that. After the second knee replacement I'll need at least 6 weeks of physical therapy but I'm exercising both knees as we speak to limit and reduce my downtime.
I don't believe this company is anything near a scam as our DD has proven. Sam is working hard to get everything in place for future profits. Talk is cheap but "verified facts" are exactly that.
I intend to meet with Sam personally and if I don't believe anything I hear the meeting will get quite "spirited." If necessary I will sign non-disclosure agreements to get what I want. Also for the very large block of shares I represent (and I will get proxys) I will seek a seat on the BOD. Just pray that my future surgery goes well so I can make this trip ASAP.
I've told all of you many times before that this is a "sock drawer" stock so if you want to watch it everyday and drive yourselves crazy with the price/volume movements there is nothing I can do to help you. All I see on this board is drivel and blather based on watching it everyday. Does anyone here besides me do any DD? If you are a stockholder in any stock and don't do your own DD then you definitely are about as sharp as a butter knife and if things end badly the fault is yours.
I'll post again if I get anything to report.
I will be out of pocket for a few days due to knee surgery but I'll catch up on everything next week sometime.
In the interim just be patient.
Sounds like you're not in a very good mood. Sam is resolute on releasing information until he figures the the time is right. But he is also honest and tenacious. The news will flow when Sam thinks the time is right.
RVnut,
If you're patient you will be happy. Can't post if Sam doesn't tell me anything specific. He has his own STRATegy and I have no choice but to accept it. Everyone on the board is free to call him except don't expect a return call if the message left was disrespectful.
Aggie,
Send me your email address. shadowmar5@aol.com and you will be added.
You certainly are not stupid.
jed,
No hard feelings from me. It's just the "tone" of the posts. This is a "sock drawer" stock and watching it daily is an excersize of futility. I've stated this many times before. Sam has his own strategy and is following despite my urgings. I know there is a lot of good news forthcoming. The unanswered question is when. Sam has things well in hand. If you trust him, as I do, then just be patient or take the alternatives. I am in at the highest average price than all of you and haven't sold a share and continue to acquire when I can.
The very best the holidays has to offer to you and everyone else on the board. It's just that most comments on the board are mostly just blowing off frustration and I have no good answers to that kind of drivel. Sorry, I'm older than most and don't waste my time by replying.
Regards,
I have no idea on what that message means. I have no need to buy more stock if that was your angle.
Then sell now!
You really do "havenoidea" LOL!
Do you really believe that technicals define this stock? If you do you are wasting your time. This stock will only move on PR's from Sam.
If you hate this stock that much, SELL!
This is a "sock drawer" stock and if you can't see that by now you will never be satisfied. The company is doing well but that is Sam's province to release. I can wait.
jed,
You are a "kill the messenger" type of guy. The kind I have no use for. I am as close to this stock and Sam as I am with my wife of 31 years. I also have equal respect for both.
There will definitely be good news coming but not until Sam feels the time is right. I cannot tell him how to run his company any more than you can. Am I close to Sam and Joseph? YES!
Do they give me inside information? NO!
Do I trust them after three years of discussions YES!
Am I going to have a happy Christmas and New Year based on Sam's excitement over his accomplishments? YES!!!
Have I bought more stock? Yes
Do I care what you think? NO!
If you have no patience, take up needlepoint that may help.
PS: PC, PM me.
PSS: I will continue to keep the known loyals up to date. As for this board most of the "ramblings" I see don't deserve a reply. It's tax selling season so all of the nonbelievers should sell so I can pick up more really cheap shares.
Now what facts would they be? The facts that, you way back, posted and would never respond to proof when asked? Even the simple ones like what exposition or convention you got your "hearsay" from?
I've asked Sam directly and there is no Robert Yeggy or Nestor (whatever) doing business with Rosneft. Do you have other facts? If not it sounds to me like you made like a big blunder by teaming up with Nestor. Our DD found that he made most of his money, as a Canadian barrister by protecting "WAR CRIMINALS" from being deported from Canada. Sam would have nothing to do with people of that ilk.
And based on your posts (and a few other avenues our DD'ers have investigated (sorry no secrets will be given), you ARE Robert Yeggy or you rent your computer to Strat bashers. Give it up, your busted.
Otherwise go back to when you originally posted and ANSWER all of those questions posed to you. You stated a lot of things AUTHORITATIVLY but never provided proof on any of them. Unless you can I can tell you that the longs call this BS!
I'll take care of that today. Sorry but I didn't have your email on my list. It will be on all future mailings.
Regards,
PC, You are probably the only one that understood the message and the context in which that comment was made by Sam. The main point is that the NR is "bogus" because nobody ever spoke to him regarding the valuation of Strat. If they had their NR would read quite differently. Also they based this valuation on unsubstantiated rumors!
I am in the process of preparing a list of the most important questions you all have and will be forwarding it to Sam in the next few days. He will try to address them through PR's or comments on the new website "under construction" in their order of importance. I have emailed or spoken to all of the "loyals" who have been around for years and hold major stakes in the company. I have also gone through this board and printed all sincere posts asking legitimate questions.
Obviously there will also be PR's forthcoming that will answer some of them and probably will not necessarily address the points in the order I have prioritized them but Sam is going make a special effort to get as much information out as possible. More likely than not it won't begin until after "Sukkot" which ends on Oct. 5th.
Once the list has been completed and sent to him that will be the priority of all subsequent calls to him.
Just wanted to let you all know I am still around, following the board, and just as confident in Strat that I have always been. In fact, at this juncture, even more confident than I have ever been.
But just like the rest of my "core group" I still only deal with verifiable information. Right now I am "dogging" Sam for either he or me to get some information out to you. I will never release information where Sam is held accountable by a non-disclosure agreement as that would harm the company's progress.
As an aside, ATON never consulted Sam prior to that NR indicating they were initiating coverage. What company initiates coverage on a stock without speaking with the CEO or President? I think that whole NR is bogus. Another aside, Sam was "insulted" by the .11 projection.
More later.
Where did find avitrenko terminated? His posts are still available, just click his name.
Am trying to reschedule a call to Sam and Joseph sometime on Sunday as I am out of pocket on Monday.
I was supposed to speak with Sam today but got a message of postponement. I will let you all know when it will be rescheduled.
The new firm was paid in cash, not shares. More later.
After a very difficult two months with extended family illneses I am now able to resume work on Strat. We buried my aunt today who was very close to us (she assumed the grandmother role for my sons when my mother-in-law died in 1994) Our entire family took it hard. Particularly my two sons. Most of the rest of my relatives are over the worst of their critical ailments and on the mend. But they are all advanced in age and one never knows.
But that is now over. Sam, Joseph and Tanya all called me this past week but I was not able to have any in depth discussions. They all know they can call me Monday and hopefully I will have some good news to report this coming week.
Until then long, strong and confident in Strat.
Good night all, I now have a very overgrown lawn to attack early tomorrow.
Tan,
Once we've proved it out it will be posted here for all.
Tanail,
You should know better than to make a remark like that. First of all, Sam would never do such a thing and secondly I would not be a party to it.
We constantly do our own DD and we've come up with some interesting information regarding the company through our digging. What my remark meant is that I decided not to discuss it on the board until I asked Sam about it. It is our research and we have no responsibility to anyone here to reveal it before we've had a chance to check it out and get verification.
If we get what we need to prove the veracity of it it will be posted because it is "our own" work product. And don't assume that Sam would try to prevent it's posting as he has never done so in the past. We don't post anything unless we are sure it is true.
Had it not been for my family situation this past 2 1/2 months it would probably be done. I am working on it now and when I have what is necessary it will be presented to Sam.
I have learned in the past that you need to have your ducks in a row to confront Sam with facts.
Long, strong and confident in Strat.
Cash,
If I could I would. The main purpose of my post is that my absense from posting does not mean that our activity is stalled. It won't be for too much longer before we can publish results (of our work) but I can't give a date yet.
Unfortunately I have had many personal (family) issues to deal with that have taken up much of my time. But that only pertains to posting.
PS:To those of you who knew and have been praying for Anthony, the transplant was a complete success and the doctors are very optimistic. If it works it will be written up in the JAMA.
Keep them prayers coming!!
Long, strong and confident on Strat.