Good, Morning..Not quite sure what is going to happen to the PPS today. I have had a chance to get some sleep and think about yesterday.
I have stated in the past that Various Hedge Funds, MM and Off shore acounts like to short these kinda stocks..
I stated in the past if the Open Short Position in this stock was a large as some felt it was.. To be prepared to see some very desperate people do some very desperate things..We saw that yesterday.. The Hedge Funds and Maked Shorts took control from the open bell ad never looked back.. In Pinkyland they arethe big Dogs..
Yesterday we saw These Hedge Funds, Off Shore Accounts, Canadian Accounts and various MM take the PPS down in the wake of uncertaninty. Make no listake about it.. It was some Hedge Funds who controlled the selling yesterday.
I am dissapointed in myself for not seeing this coming.. I felt all along there was a huge open short position in this stock..And to expect most anything from those who were short to cover.
And the people who were short were well funded and not affraid to do what it takes to cover.. Yesterday within the first 10 min the PPS dropped to what .01 Almost impossible.. The only way this could happen if some Hedge Fund came along and placed a large Market sell order.
I saw the same thing happen this Past Spring with Rambus.. Just as soon as the Hedge Funds found out that no verdict was going to be coming out for the Rambus Trial for the weekend.. A large Market order went in place and in about 5 min the PPS dropped almost $15.00 This was done because there were a lot of Open Calls on the stock and someone sttod to loose a lot of money if the PPS closed at a higer PPS.. The Hedge funds who were short or the Brokerage Houses who were on the line for all the Open alls that were still in the money. Pulled the plug.. Hit them with a Large 7 million Market sell order and the PS dropped like a rock, taking out many stop losses..
That is why I have kept saing all along.. The one thing we really needed to take the Battle to the Shorts and the Various Hedge Funds was a Cash Dividend and a Form 10 Filing.
When Petar told some callers that no Dividend was coming and no form 10 was coming. That should have been a warning.. I did feel uneasy tuesday and did sell some shares at .1048 weds..
The Windsor Star Article and the additional delay was the go ahead for these Hedge Funds to take the PPS down.. They know people were questioning themselfs.. And they took advantage of it.
It would not suprise me if one or more of these various Hedge Funds actually got to someone. Desperate people will do sdesperate things.. If there were the 200-300 million shares short from Oldloft Works days that some suspected, And the PPS was let to run up afgter the release of the AF. Smeone stood to loose maybe a very large amount of money.. Maybe as much as 100 million or more. Now tell me. What would you be willing to do if that kinda money was on the line..
Was it just by accident the Windsor Artice came out yesterday. Was the delay in the AF staged on purpose.. Lots ot ponder.
I do know this the Market does not like uncertaninty. And at this point in time there is a lot of it going around.
All we can do now is see if the PPS can rebound.. In my honest opinion it will take the release of the AF to turn this around..
Nothing else at this point in time will be enough in my opinion to keep the buying interest in place.. You might be able to make some money trading in and out.. But the AF are now the key to this Companies Survival.. Either they exist or they do not. No matter if they are good or bad. If the numbers are not there is of little concern to me..
We know Sulja Brothers is a real company and Sams is real.. What we do not know is are all of the previously mentioned deals are they for ral.. Are the pro Forma numbers are they for real??
Is there really a Wessal buying shares etc..We need to see the share strucure. We need to find out if there rally are assets transfered from the Middle East to te State of Nevada. Do they really exist.. I no longer will take Various Press Releases for face value.
This company still has great promise if all is as previously stated.. The Ball is in Petars court.. All he needs to do is post the AF with the Auditors Opinion.
Even if the numbers fall way short of what was preiously thought.. It's going to take the AF to bring back any trust to this company..
I still hold 610,000 shares.. At this point in time. I am not quite sure if I am bragging or complaining about being a shareholder..Lets hope cooler heads can prevail.. Moo FFB-Fish
AI
Market Data 
Markets 
