The past 60 days have been a major disappointment for SSCY's stock price. After printing $0.13 before Christmas, it appeared this stock was ready to make the march back to the $0.20's. Unfortunately, this POS has such a little following and management seems to think the best policy is to bury their heads in the sand. There have been rumors of key talent joining this firm since August (see "cm3i long termer"s post from 09/24), yet we still have no PR as to whether or not this has happened. We have had two PR's announcing the departure of founder Phillips and now CFO Shields. Surely they have been replaced.....why the big secret?
We have no news on any deals. Last quarter the 10Q was released 46 days after the quarter's end. We are now 60 days after the 12/31/2006 quarter, but have nothing. It would take great news just to get us back to $0.10 or so. Unfortunately, many shareholders started buying this back when it was around a dollar.........well under water at this point.
This management team needs to get its act together and start informing the shareholders as to what is going on.....otherwise, we'll see the share price under a penny in a few weeks.
