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Re: MrG post# 161

Saturday, 09/12/2009 9:17:13 AM

Saturday, September 12, 2009 9:17:13 AM

Post# of 321
SNTO Timeline

4.1 - 4.8 m shares o/s
Float: 1 m or less est.

Event Timeline:

2007:
Largest client of SNTO files BK and impairs SNTO's ability to
operate, stock falls from previous trading range of 2.00 to
over 10.00. Delisted from NASDAQ Source: SEC filings

Early 2008:
SNTO sells call centers to India based company R Systems -
officers step down and Jacoboni appointed interim CEO, stock trades down from mid twenty cent range on very low volume. Source: SEC filings

March 2009:
SNTO sells remaining assets
Source: Cheasapeake website

July 2009:
Jacoboni steps down as interim CEO as majority share
holders (hedge funds) advised him they have other plans for entity

August 2009:
Shares begin to trade with volume

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