Safetek International Inc. (SFIN)

[Prudent Capitalist]

Such vigorous and civil discussions and surfacing of all issues is exactly what this forum is designed to be. We all get impatient, but I had another holding just like SFIN that I held 5.5 Million shares in that sat on the grey sheets for years without trading and registering a last trade of .0001, and then suddenly 14 months ago it started trading and was up 1900% in the first day even though the company and controlling owner said they had nothing to do with it coming off the greys and the requisite filings to come off the greys were never filed. Long story short, one year ago this week I started liquidating my position in pieces between.005 - .0085 over just a 2 day period, feeling lucky as hell to get out with nice profits (avg. PPS held was .002), and thought I had dodged a bullet. There were then some fake PR's and the original owner eventually sold his preferred shares. That ticker is now trading at .038 and I could have held for more, yet there is still no concrete evidence of success there. Moral of the story is that I will not get so trigger happy here with SFIN. I hold a ton of shares here, and given the involvement of Synergy as the custodian and developments since, I will hold here for much larger gains than we have here right now.