Sunday, November 08, 2009 9:43:31 PM
Here ya go SNPY stockholders. News from the CEO for what it's worth......NOTHING. Good luck !!!!!
Dear Mr. Mecke,
I am a shareholder of SNPY and I wonder if we have progressed beyond the "planning" stages yet. Are there clients that we are servicing as of this date or is the business still in the throes of getting off the ground ?
I read the release regarding the possibility of mergers and/or acquisitions. I just wondered if there is a business extant at this time AND, do you plan to increase the AS as well as the float to help finance your M&A plans ?
Thank you in advance for your reply
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Dear XXXXX,
Let me get back to you but yes SNPY is a real company with a bright future.
I just arrived back to my place in China and am swamped with emails and paperwork.
Get back to you soon.
Regards,
Matthew Mecke
Chairman & CEO
Sino Payments, Inc. (OTCBB: SNPY)
www.sinopayments.com
Unit T25, GF Bangkok Bank Building 228 Park Avenue South18 Bonham Strand West #15210Sheung Wan, Hong Kong New York, NY 10003
T: +852 8121 4220 T: +1 203 652 0130
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Well Matthew,
Far be it for me to tell you how to conduct your business but it might behoove you to post some information regarding what is happening with SNPY because there is an informational void. I DID read some vague reference to "clients" but without specificity. I would be more than happy to invest in SNPY if there is in fact anything at all to invest in other than blue sky.
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Dear XXXXXXX
As you can imagine there are many things I am not able to discuss with individual shareholders.
News and developments are continuing and will be ongoing.
The attached is an old IR brochure with some relevant information but is a bit old.
Regards,
Matthew Mecke
Chairman & CEO
Sino Payments, Inc. (OTCBB: SNPY)
www.sinopayments.com
Unit T25, GF Bangkok Bank Building 228 Park Avenue South
18 Bonham Strand West #15210
Sheung Wan, Hong Kong New York, NY 10003
T: +852 8121 4220 T: +1 203 652 013
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Well Matt, I hope you don't mind me calling you Matt, I am 73 years old and undoubtedly your senior by a few years. Your reply is what can be termed disingenuous. I'm not asking for preferential (insider) information. I am saying that you need to (1. hire an IR firm because you are doing a really lousy job (2. identify just exactly what it is you are doing at the moment. A "dated" disclosure does absolutely nothing.
If you have not been aware of the fact that shareholders have abandoned SNPY, please be aware of it now. If you are conducting some sort of business with some sort of revenue, now is the time to declare it, otherwise your stock is going down the proverbial tubes.
Too many times have CEO's of worthless penny stocks hidden behind the "unable to disclose material facts to individual investors" BS. Unless there is some sort of public disclosure issued post haste, I can guarantee you that your $.04 cent stock offering will very soon become a $.0001 stock offering. I can guarantee you that !
Confucius, The Confucian Analects
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