Sycamore Entertainment Group Inc (SEGI)

[wadirum1]

What if we had all never heard of Eye of the Storm -- say we were just parking $$ here in a $1mm market cap company based on Mike Doban and Ed and based on Gleacher, waiting until SEGI started operations. And imagine if today we got a PR saying that SEGI has begun operations with its first movie, Eye of the Storm, winner of best picture at Vail, Aussie pic of year, featured in numberous other film festivals and Oscar screening, with a star-studded cast, a book re-release with movie-art cover, and that SEGI was partnering with Gravitas to same-day theater/video distribution...

Folks would be jumping up and down, saying that this is a very safe way to start, with a potential upside that might by itself put SEGI at a P/E of 2 or under.

People here (myself included) are primarily angry because we paid more than the current PPS for our shares. Anyone who started buying today at 0.005 is thrilled at this news and the way their investment looks.

So, we paid too much. The question now is whether SEGI is a good value at 005. I've been wrong on this stock up until now, but I think the answer is that it is a good value.

Wadi