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Welcome??? Ive been following them years and years. Im well aware of this the company and this board
That's their update??? After years of saying nothing, they chose to spend half the "news" update talking about this unofficial site and how they are going to defend themselves legally with the little money they do have?? I also find it funny, they can somehow magically put an IP address to someone's LieHub handle??? Seems they could have made this BOLD stand 3-4 years ago and used there advanced tech skills to actually help the investors gain some kind of direction for the company.. I seem to remember their site telling everyone something new was coming January 2021 (spoiler alert nothing was ever announced, until today of course I'll let you do math) so as far as I'm concerned they are no better then people they are calling out on this board. they are just as guilty of misinformation and deception.
Unfortunately he didn’t specify what year. He’s been kicking the can down the road for years
And for the love of everything, can they figure out how to spell.
it's FILING not FILLING. They have had it misspelled since the start of the fraudulent campaign in October
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Look to 10K filling.
Business direction towards mid 2021.
New website in the works.
Management focused on the future.
if a website had the ability to present the user with a smell, I'm guessing sector10.com would smell like the bathroom for an all you can eat buffet serving chili as the featured entrée.
I've always been at ease if I needed to eat the loss. Oh well, it was worth a try, but definitely not worth a second try. I've been a share holder for years and they have flipped the bird at us the whole time. I've already made the loss up on a number of other plays. Good luck with the run around on the "new and improved" company... whatever that is
Agreed
We need a break of .15
I thought I read we couldn't buy this anymore
Seeing a sale at 0.128. It's moving
This is a little misleading... TDA isn't allowing the purchase of caveat emptor stocks after that date. You can sell what you have whenever you want to. They will NOT automatically liquidate those stocks
https://www.tdameritrade.com/retail-en_us/resources/pdf/cesecuritylist.pdf
i'm leaning toward, company buying cheap shares so when/if they announce going private, they have less to buy at a higher. just my opinion and hunch
IMO, I think the company bought back 25k shares. they don't have to disclose that until next quarterly, which is why I think they delivered the 10Q right after everyone found out about settlement from court documents.
I guess we won't know until next filing. If true, I believe big things are coming
I'm still a little confused by volume vs. price. Could there be a market maker accumulating shares for a change in listing?? SECI has refused to give them shares in order to list SECI in the past, but that doesn't mean they can't get them on their own. It would make sense that they are only buying the $9-12 range limits as they would be able to see the orders. I would be shocked if share holders haven't listed their shares for alot more than that range. Is that possible? Would they allowed to do this? This is just a theory while I try to make sense of this. Thoughts?
My big concern here is why didn't the price move up with the volume?? why the same price range $9-12. You're telling me that sellers don't know how to raise their limit prices and demand more for their shares? Something is very fishy here
Havent sellers figured out that someone is buying and should probably raise their limit prices????
Obviously someone or some entity is buying the shares. If everyone thought this was belly up, you wouldn't be able to unload anything. Sell orders would be stacked up with 0 buyers
100% agree. There should be some PR coming.. If not after the close, then very soon.
agreed. by the way, in order to sell your shares, someone has to buy them.. someone is picking up cheap shares
why wouldn't they say they chose to drop the case, instead of say they settled the case if they got nothing?
If that were true, why didn't they said they chose to drop the case instead of say settled??
I think this is more related to legal expenses owing nothing
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On October 21, 2020, Sector 10 and the Dutro/Reality defendants settled an 11 year legal conflict over disputed technology migration. Each side is responsible for their own legal expenditures and owing each other nothing.
IMO, certain MM's are delaying trades/trade confirmations just long enough to trigger an out of sequence threshold event.
Notice it's only on quantities over 100. everything else it just fine.
Trades out of sequence aren't eligible for last trade price updates
Looks like it's time to turn the filter back on
So excited to be part of SECI. Ever since the price & momentum have increased, a lot of information has been brought forth. Much of it just regurgitation from over the years, but the fact remains there is a trial which is what has been asked for for 10+ years. Exciting days ahead, stay strong and don't be mislead on what you have. Being in the game is much better then coaching from the sidelines. The odds of winning the lottery is estimated at 1 in 292.2 million. Even a small settlement or trial win for $500M for micro float of 305k, that's still a good day. I like my odds.
Good fortunes to all.
I believe it was someone moving shares to a more tax friendly account. ie they are thinking the price is only going up and up. It's sort of a dangerous move. Someone could steal these shares by having a limit open order at a low price, but is shows people are getting ready for November
I've already replied to this. The claim was that the price can't go over the ASK. period, hard stop. There were not any additional requirements or conditions on the claim. The burden of proof doesn't fall on me as I'm not making the claim. This isn't guilty until proven innocent.
I'll offer the same deal. Provide proof from Expert Market that the price can not go over ASK in this case $50 and I will sell my shares next week and never post here again.
Very happy thank you. It's such a great feeling knowing that I live in country that I can make my own decisions.
Please provide the proof that this stock can't go over $50 from Expert Market and I will sell my shares next week and I will never post on this board again.
not quite sure where they come up with this stuff..
Bid/Ask limits aren't true. check out GCTY. This is a stock listed on Expert Market. Bid/Ask is 10/175 however the stock price is $450.
This is awesome momentum, however my display filter seems to be broken. Whenever I turn it off it returns the same number of messages as when it's on... Is anyone else experiencing this problem? I don't want to miss any of the conversations.
that's not what the bio says.. not even close.
"a disrupter technology currently marketed and sold globally by TYCO and ADT."
This is how manufacturer and distributor relationships work, Manufacturer (SECI) grants the rights to distributor (Tyco/ADT) to sell the product while manufacturer (SECI) still retains ownership.
this is how distributors like HomeDepot can sell 3M sandpaper
Any award or settlement would go to the company. The value of that award/settlement would provide a value for the stock which would cause the stock price to change.. Any money to the shareholders would come from said shareholders selling their stock or the board of directors authorizing a special dividend. There's no magic money tree
Bottom line, court date is set. Evidence will be presented and both sides will make their case. The court will decide
I, for one, am very excited for what's to come. Either way, this has been very fun to be involved with.
btw. There are only 2 possible outcomes to this trial, guilty or not guilty. That by itself puts your chances of winning at 50%. Evidence will tip that either way of 50%. Most, on this board, would argue the chances of winning are greater than 80%. I will play those odds any day for this type of potential ROI.
The monetary portion comes with a guilty verdict, that's just the cherry on top of this story which will cause the stock price to go up. The settlement value will determine the share value which will most certainly be great than 100+ more likely 500+, again the settlement will place a value on the company which will represent the value of the outstanding shares. It's pretty simple stuff
GLTA
Convincing argument. After 3 years of holding my shares and educating myself about this case, this has convinced me to sell it all. oh wait, NOT.
Sorry anyone that has followed this board or this stock for any length of time knows what they're holding. Granted there are no guarantees in life, but this one certainly has the odds tipped in favor of the shareholders. With the culture of anti-corporate, anti-big business (which btw shouldn't have any factor in a court room but we all know does), if this goes to trial with a jury of 12 common people.. it's lights out for big business. Don't hate the players, hate the game.
Not sure what stocks he'd be buying back. He hasn't sold or bought anything for 10 years
I agree. If a special dividend were to be paid, it would probably at a much higher $. Was throwing out a low $100M dividend example to show the huge impact that would have on the pps.
Exciting times!
What I'd like to see if/when they win a nice multiple $B settlement, is to announce a special dividend based on a % of the settlement prior to any split announced. That will certainly get SECI noticed and almost immediately get the share price moving in the right direction. Then announce a split to provide the liquidity needed. For example a $100M special dividend would pay $327/share.