Total Sports Media Inc. (fka TSMI)

[Odessa99]

There's another important outside resource I would suggest you spend some time reading, if you are not already doing so. Often times, much useful info can be found within the pages of a company's periodic financial and disclosure reporting.

I used to be bewildered at the downward movement of some OTC stocks, asking myself who in the world would be selling shares at those low prices. After much frustration, I began to study the arrangements that many of these OTC companies had with their (toxic) lenders, which provided their primary source of funding. After seeing the deep discounts (to current market price) that some of these toxic lenders were getting their shares for, it made perfect sense who could be selling so many shares at those low prices, and could also explain the timing of those sells.

Since most of those lenders had no intent to hold shares of that OTC company, but simply wanted a nice return on their initial investment (the money they loaned in return for convertible notes), they were usually more than happy to dump those shares into the 'bid', because their cost basis on those shares was much lower (even when the shares were currently trading at an all-time low). This is one of the reasons why I focused, in prior posts, on the conversion terms of STTK's Series C preferred shares.

Hope this info is helpful.

Odessa, I do some of what you recommended, just not to the extent you do. Is that being lazy? maybe, but I am not born of the computer generation and some things still come hard for me. Thanks. Junebug

STTK