Stargaze Entertainment Group Inc (STGZ)

[tigerpac]

News is always a good thing but I’d be very wary of Baker’s crew coming in. They will bring in their own assets, yet like the previous guy here, they move those assets around to the benefit of themselves not the shareholders. No doubt you will hear about their Buck Lake Ranch complex with it’s concert venue, how much they’ve been offered for the entire property and what they think it’s truly worth and then discover the property is only open six months out of the year.

$25 million revenue includes business that they have been trying to spin off for years (a business they rarely talk about) + they count a land sale as revenue (when the couldn’t build sustainable housing on it for 7 years despite releasing dozens of press releases pumping how great they were building houses).

Keep an eye on these guys as they love to promise stuff, go radio silent , then fail to deliver. Sell on any pumps because the dump will eventually occur. Go to the LIGA board for more info on Baker.