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Thursday, 11/01/2012 8:48:33 PM

Thursday, November 01, 2012 8:48:33 PM

Post# of 4698
Looks like this is another PennyStocksProfile disaster just like CCAJ recently was (CCAJ dropped from $.0062/share to $.0009/share since PennyStocksProfile started pumping it on 10/04/12).

SDIR is an ugly insider enrichment scheme. The shell has a history of reverse splits and as of the last financial statement SDIR had 12,253,840 Series B preferred shares outstanding convertible into 2,500,000 common shares each. 12,253,840 X 2,500,000 = 30,634,600,000,000 shares.

That's over 30 trillion shares. Those Series B preferred shares were unaffected by the last 1:2500 reverse split.


Immediately following the 1:2500 reverse split, SDIR issued 40,000,000 free trading shares to an unnamed consultant. I'd love to know what attorney did the opinion letter to make those shares free trading.

No doubt many of those 40,000,000 share are being dumped during this silly PennyStockProfile promotion.

SDIR will be sub-penny in no time. Another reverse split is waiting for this shell down the road.


Full September 30th Report predicting this promo and the ugly future of this shell here:

http://promotionstocksecrets.com/superdirectories-inc-sdir-fast-mover-or-ticking-time-bomb/










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