News Focus
News Focus
Followers 0
Posts 568
Boards Moderated 0
Alias Born 07/03/2008

Re: 3 The Intimidator post# 47328

Thursday, 06/07/2012 2:46:12 PM

Thursday, June 07, 2012 2:46:12 PM

Post# of 72077
Concern about any pink sheet or BB stock is warranted. I am a recent newcomer and have done some dd. This has resulted in my becoming a shareholder of about 4 million. This represents about $2200 spent, so it isn't a very large holding.
My expectation is that SGLN WILL need to do a RS to be listed on a major exchange.... now whether they will need to do one. That said, it does not take anything away from the possibilities that lie ahead for the company. They are in an industry where everyone agrees that the costs are way, way too high. This is probably the best advertising they couls possibly have. If they can provide the goods and services to even a few companies and establish themselves as a company that will deliver, they should have little difficulty in expanding their business.

My guess is that they will need somewhere between a 1:10 and 1:40 reverse split within the next year to make themselves attractive as an investment for main streem investors.

I'm betting they will succeed.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y