InvestorsHub Logo
Followers 22
Posts 4092
Boards Moderated 0
Alias Born 05/05/2010

Re: teddyone post# 6502

Thursday, 04/07/2011 1:27:16 PM

Thursday, April 07, 2011 1:27:16 PM

Post# of 32894
That was not a shareprice. That was a security for the loan of $100,000 at 8% interest. The stock was probably the commission gurantee of 5K, but they have to wait 6 months to sell any of it. Would you like to work and get paid 6 months later and then maybe for not as much as what you thought you were going to get?
They are limited on what they can sell price wise as well. You on the other hand are not limited and can sell at what ever you want. You are worried about your investment here. Can you imagine loaning 100K without some sort of security? 5K in stock for 100K is not a bad deal for SSOL!

Again, they have not done anything different than what any other pink has done, except file the 10K on time, file the 8K when material events happen. Which all adds credibility to the company IMO.