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Monday, February 14, 2011 5:36:13 PM
Sorry for the delay to respond. I've been traveling.
I gave up on SFIO after waiting for about 18 months to see with my own eyes the results of what they announced was happening in Europe.
I made many increasingly larger and larger "buys" to average down.
You know my history of posts and feeling that management wasn't as forthright as the type of people I wanted to invest in. Yet I held and continuously bought throughout.
After I saw the long awaited web site, I lost 100% confidence. I sold everything at .0065.
I took my loss, licked my wound, and know that as the stock continues its decline, I can always jump back in if they ever introduce the e-cig and promote it. I have zero confidence in the Smokers Option. I took my FUN money and bought into another "penny" that preannounced a 150% ($150,000) quarterly revenue increase.
Right now I see SFIO's web changes done to satisfy "board member" comments and complaints. All told, they are acting like too small of a company and I just don't believe they're honest.
If they ever start to deliver and look promising to me again, I'll jump right back in. Why wouldn't I?
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