Any guess is good -- don't shoot the messenger lol-- maybe to help fund auditors -- maybe attorneys for merger -- 10k is clean and looks good
Brent (new ceo) has kept word so far--
If you like the story and trust the new ceo that has helped grow other companies --- than stoa is a strong buy. Hopefully there will be no more issuance of shares so stoa can run towards copper starting monday!
From empirica(Brent new ceo)--->>
"I'm hoping that either rebuilding the current business into more profitable areas or finding the best acquisition target that has synergy can create some value. This will have to be tempered with the needs of both current investors as well as an incoming target company's management preference on share price/shares issued and outstanding."
"Seratosa Enters Into Acquisition Talks with US Based Adventure Gear Company
Hong Kong, December 16, 2014 -- Seratosa Inc. (OTCQB:STOA) ("Seratosa" or the "Company"), an e-commerce facilitator announces that acquisition discussions with a US based Adventure Gear Company have begun.
The rationale for engaging in acquisition talks with potential targets in the US is to identify niche companies that have a substantial portion of their sales in North America. The target company would have a high possibility of increasing sales in Asia, via the Seratosa e-commerce platform which already enables several North Asian sales channels.
Additionally, the Company will seek to identify potential acquisition or strategic partnership candidates in the mobile commerce or “M-commerce” space. The possible addition of an M-commerce platform will enable Seratosa to provide a comprehensive solution to companies or product lines it acquires or aligns itself with.
Should an acquisition offer be made and accepted, the Company would then seek to undertake a number of restructuring efforts including but not limited to, a reduction in the number of shares authorized, new share issuance to the acquisition target company, possible reverse split, uplisting to a higher tier stock exchange, additions and changes to senior executives and the board of directors, name change, stock symbol change, and possible engagement of an investment bank to advise on further mergers and acquisitions."
Stoa$
