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Re: Long-vestor post# 36091

Monday, 07/20/2015 7:29:04 PM

Monday, July 20, 2015 7:29:04 PM

Post# of 81999
On July 18, 2013 SGLB issued 120 million shares in a private placement for 1.2 million dollars. If the restrictions on resale were 24 months that would coincide exactly with the recent sales. There have only been a few million sold as yet, but considering the holder has more than 100 million shares remaining and if sold at a nickel earns a 500% profit in long term capital gains I would be very worried if I were a shareholder. This could mean long term troubles for the share price. I have no way of knowing if this is where the sales are coming from but the coincidence of the dates seems too troubling to ignore.
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