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

[exisnet]

Good Morning. Yes, it's encouraging that those in the know are not selling.

Encouraging?

How can anything be encouraging for a company that needs 100% confidence from its customers has shut down operations and made it impossible to buy/sell their positions when the market outside is open?

And they can't withdraw their funds..

I know you don't believe the whole company is a scam to run a Ponzi, but even you must realise that existing customers will leave the day they can.the staff of 300 persons will be laid off as soon as possible (personally I think 300 staff is highly exaggerated) as the company can't handle a payroll of 300x 2000 (minimum)USD 600000/month without any income.

There is offices, cost for feeds of prices, costs of servers etc so minimum 1 million per month in costs.
If people don't get 100% of their withdrawals, do you think any new customer will deposit a single cent?

The company is gone, the question for you is if the shares will be able to retain any value in the bankruptcy, and that depends on if the owners is centanced or not.