Miagi's two cents:
Recently the Nevada SOS updated their site with an amendment from
SLSY. Here is the amendment:
Action Type: Amendment
Document Number: 20080211937-73 # of Pages: 5
File Date: 03/27/2008 Effective Date: 03/27/2008
Previous Stock Value: Par Value Shares: 250,000,000 Value: $ 0.001 Par Value Shares: 250,000,000 Value: $ 0.001 Par Value Shares: 350,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 850,000.00 New Stock Value: Par Value Shares: 2,000,000,000 Value: $ 0.001 Par Value Shares: 350,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 2,350,000.00
Okay. So this is a bad news good news scenario:
Bad News: Obviously a share increase isn't what shareholders like to hear. So this plays against us no matter what is said about "liquidity"
Good News: First good news is that it isn't a split. Second thing is this...."CHANGE". There is a change going on. Something is happening where the A/S needed to be raised. But ask yourself this.....Who would want to sell into .0003 or .0002???? So I predict they let it run. They let it go on its own for a bit and then get the PPS up so they can use these new shares for their expansion ideas.
While that may not be the sweetest sounding thing I do think PPS will raise because THEY want it to raise and we just tag along.
All in my own opinion and thoughts on a Saturday :)
