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Re: IamBigPockets post# 31130

Friday, 11/25/2016 2:15:42 PM

Friday, November 25, 2016 2:15:42 PM

Post# of 36208
If I were a broker, and I knew that you had $50,000 tied up in SUNE because I advised you to buy it then and the stock dropped to $0.1000 (or lower) and I had no POR stating an actual dissolution and reissue of SUNE stock (this is really important because there isn't at the moment), I'd call you and advise you to "GAMBLE" (note the stress here) $1,000 more on the stock with an understood $500 probable additional loss.

Here's the reason.

One of two things will happen with SUNE:

1) Assuming the company does emerge, existing stock intact (because it was protected in the POR), at $10/shr you benefit immensely with no down side at all because you applied "stock cost averaging" (see previous post math).

2) Assuming the company files a POR that states a dissolution of existing stock, the stock will still trade on the market for a while afterwards. I'd call you and tell you we didn't win this one, sell out now at $0.05 (or what ever) and walk away with a little more loss than you knew you had before the buy.
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