Friday, April 07, 2006 8:10:55 PM
S3I is very, very lean. It only has two employees here in the U.S., Jim & Chris.
These RTOs and Sino deals will just start adding up here very soon. The employees of Javelin handle everything for S3I. These guys are sharp, respected and experienced. A stock trading at sub-pennies and having this type of advisory group is amazing.
Investors in this stock should embrace a long term position here. Once Redwood and Sino develop a bit more of a reputation in China, forget about it. This is just starting! People can flip now but I am an investor and that is how I make money in the market. S3I is an investor in these Chinese companies that will do RTOs (reverse merger) into the U.S. markets. These aren't five and dime companies being reversed here, they are established, profitable and experienced. We will own shares in these companies which, when they are unrestricted and we decide to sell, will bring in large amounts on money.
Xingye Copper is a situation where they met the Gold Standard and decided to restructure their business. This is not bad DD on S3I's part, it's a last minute change on their part. It's not dead, it's only at a point where S3I has done what they can do and now it's up to them.
Jaso is similar. We are waiting.
We have a lot of irons in the fire. The employees in China are smart, very sharp people. Some are like MIT type smart. They are bringing in these companies and we are setting them up. Who knows how many RTOs could be possible in 2007 when we establish a reputation in China.
I hope people don't get too caught up in the fact that there won't be a share buyback. This is a non factor right now in my opinion. I want this company to be the shi t in China. We, as shareholders, won't be worried about share buybacks if the ball really starts to roll with these companies and we get super cash heavy.
All is my opinion but I'm excited as H e l l of all of this.
Sloth
FEATURED Nightfood Signs Letter of Intent to Acquire Los Angeles Cooking School, Integrating Automation and Robotics with World-Class Culinary Training • Oct 1, 2024 8:30 AM
FEATURED ZenaTech, Inc. (NASDAQ: ZENA) To Commence Trading Today • Oct 1, 2024 7:00 AM
Integrated Ventures, Inc Reports Total 2024 Revenues Of $5,863,935 vs $3,862,849 for 2023. • INTV • Oct 1, 2024 9:00 AM
Element79 Gold Corp secures loi for launching tailings reprocessing business in Arequipa, Peru • ELMGF • Oct 1, 2024 6:38 AM
BARRON'S COVE to Premier at the Hamptons International Film Festival • APHP • Sep 30, 2024 2:56 PM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM