Sycamore Entertainment Group Inc (SEGI)

[RyGuy]

I will say again, that myself and 3 other investors owned the float last November when the company updated Pinksheets and their website on December 10th, 2010. The company stated the float as being 11.7 Million then. I held 7 Million shares then, and I also posted that here in a screen capture on December 16th.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57855012

Here was my screen capture on December 6th:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57435361

2 others held 2.5 Million each, and one other held 1.25 Million

Yet shares were still being sold from somewhere.

The belief is, that the former NASDAQ shell SEGI acquired was shorted significantly when it was on the NASDAQ exchange.

The shell that Sycamore acquired was Imarex Therapeutics and their ticker symbol was IMRX. It IPO'd on the NASDAQ exchange at $5 and never saw $5 again, as it was shorted to oblivion basically from the day it IPO'd.

There are a number of IMRX IPO investors still here now with SEGI shares who can probably confirm that for you.

The belief is those shorts were hoping to drive the stock to $0 and never have to cover. Many people may still have in their brokerage accounts those shares that were shorted as the IMRX ticker. Which basically increases the float even though there should only be the 11.7 Million as the company stated. It is a plausible.

Good plan huh? But wait, Sycamore Entertainment acquires the shell? UH OH!!!!!

Now I do not know for a fact that there is a significant short here, but there does appear to be one since the float was purchased in November according to company numbers. However, if their is not, I have based based my large investment on a few factors that do not include the potential short position as my investment strategy at all anyway. I view a potential short being stuck as a bonus for me.

1st) Since the company updated Pinksheets on November 29th with a O/S of 141 Million and 11.7 Million Float, There has only been 61 Million shares trade in the past 6 months since that day. Now worst case scenario, lets assume that all 61 Million shares was dilution from the company. We are still looking at only 202 Million Shares O/S and at the current price of $.0365 a market cap of $7.3 Million.

2nd) This is a company that basically just told you in this article they have secured a $30 Million P&A fund and a $70 Million revolving line of credit, committed to 1 mid major film, and are negotiating 2 other mid majors: www.fa-mag.com/component/content/article/7395.html?issue=169&magazineID=3&Itemid=211


3rd) Mike Doban the former executive at MGM/UA and founder of Freestyle Releasings recommended many of the programming heads at 5 of the top Theater chains. He has those connections at the largest chains, which makes it much easier getting Sycamore Films in Theaters.

4th) We know from this post from CEO Ed Sylvan on Twitter that they are close to announcing some of their information. http://twitter.com/#!/sycamorefilms


So as you can see. Even if there is no short, I am still extremely confident in my investment.

However, if there is a short. This party has only just begun.[/quote]