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Re: Brud post# 58609

Thursday, 01/26/2012 11:28:00 PM

Thursday, January 26, 2012 11:28:00 PM

Post# of 92671
I agree. It is time for an update from Roth to loyal shareholders of this company. The time period beginning last year to the present has been the roughest patch for SFIO shareholders to endure and for those of whom have survived all the 'troubled waters' and roller coaster ride fundamentals and market technicals and continue to act as loyal shareholders providing the company with critical investment capital, I think a short plain vanilla update on developments that are being worked on is certainly deserved.

I think many of us must realize what kind of rock and a hard place Roth is in as regards dealing with the DTCC to work to get the suspension lifted but the length of time without a single note or update to shareholders is not proper, IMO.
Just my opinion but I think if Roth remains silent for another couple of months and we see no forward progress (not just only talking about the DTC situation) then we shareholders need to push for a common vote on certain items (management, by-laws, etc), perhaps to take place in the summer in Vegas. How long can loyal investors just be patient and sit waiting for any news about anything?! Months go by and Roth remains silent. As I have always said, I thought providing transparency and filings should have been his primary concern and he has done that. Now, I think he needs to address shareholders officially and provide the company details on what is going on as regards the SEC litigation settlement and the DTCC 'global lock'; what we know, what we do not know, what has been done, what is left to be done. Also, details on how the execution of the Denverson deal is going and any potential contracts with distributors in the USA would be nice as well. I was a web software engineer for a decade, it does not take this long to code a few websites, what is going on?! I tell you, I would run this company in a vastly different way. Tsk


GLTA!


$SFIO!