S A M Trade Asia Pte. Ltd. (SMFX)

[chemist72]

I have no doubt that Samtrade the brokerage generates both revenues and profits.

My question is whether or not any of those revenues/profits will flow to SMFX. As I understand it, SMFX is a separate entity from Samtrade brokerage. It was set up by Sam strictly as some type of legal shield for his intellectual property.

Samtrade is not really an operating company in the usual sense of that word. Sam clearly states that SMFX is a holding company. He further states the following: As we expand globally, it (presumably meaning SMFX) will serve as a fundamental hub for the integration and management over intellectual property assets pertaining to the FX brokerage.

Does that sound like a typical operating company that produces and sells some kind of product? Not to me it doesn't. Perhaps Sam has ideas regarding some new methodologies or new products that can be interfaced with his brokerage?

This is all speculation on my part and I know very little about the foreign exchange business or any of the other financial products that Samtrade Brokerage deals with. But as an investor in SMFX, I am willing to give Sam some time to put things in place as he wishes. My only hope is that at some point Sam will reveal to his shareholders what his plans are specifically for SMFX.

All I can do for now is sit and wait for a couple of quarters to see how things develop. Sam controls 99% of SMFX outstanding shares, so he calls the shots. The rest of us shareholders are just along for the ride, either good or bad.

That's about all I've got to say on this subject, at least for now.