Sycamore Entertainment Group Inc (SEGI)

[GR8FX]

LOL, I think only Ed knows what he is going to do!

However, I get an upbeat vibe from him.

He has assured "us" on a consistent and regular basis that there will NOT be a reverse split.

He put the 60 self-imposed lock out (a little more than half over now). That was a nice gesture and I speculate it was for at least two reasons.

1. That it would be a token to us traders that he has had a change of view about the way has talked of us in the past and that he himself doesn't see value for us or SEGI in diluting to pay the bills.

2. It shows he is serious about the Reg A, so he will not have to dilute the stock, but pay the Reg A investors from the profits of the deals he makes (this is what he has been working towards, see the Sycamore website under "About" and "Services" tabs.

He has already (per news release) put 1.5 million in escrow for a movie project and he is, I would bet, working to raise more.

He is also, just as anxious as we are to get the audit completed. My understanding is they ARE working on completing it now. I am glad he is not posting an ETA for that anymore, because if something happened to delay it again, that would be very bad for him. MHO, if the problem of getting the audit completed is money to pay for it (I don't know that it is) I would expect he should be able to find some Canadian or well invested SEGI stakeholder to step up with "earmarked funds" that can go to nothing but the completion of the audit (Unfortunately that would mean a bit more dilution, but he doesn't have to give away the farm to get that done). I think everybody would find it acceptable for a small dilution to bring the audit home.

What do you think?