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Re: now invest post# 15697

Tuesday, 05/09/2017 11:09:51 AM

Tuesday, May 09, 2017 11:09:51 AM

Post# of 18476
I think the biggest problem here is total lack of interest in the overall deal. For PMEA, the Bid stacking and Ask slowly coming down over the last week IMO is indicative of a tepid response for the SEIL deal. This could very easily walk all the way down to .0001 this week. However, Goldpenny and others bring up several great points of how a deal like this is SUPPOSED to work.

I'm more concerned about SEIL. More often than not, a company like this that is so thinly traded and really doesn't have any "products" to offer sets up a diabolical drop in the PPS once all the new shares hit the market. I've seen it time and time again. Day one there could be a real possibility SEIL is trading just like PMEA is now, in the .0004 to .0005 range and we've all lost both ways and the Brothers Bourne walk off into the sunset with our money and then resurface months later with new shells offering new ideas.

I'm hopeful this is not the case as I have a modest position in PMEA and have tried to catch the falling knife over the last three months from .0018 on down. This is my first post, but have been following this board and riding on all the highs and lows with you all.