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Saturday, November 17, 2012 12:10:09 PM
In SG's case, over the last 2 years he has " thrown out " quite a few bones......some of them on time and some of them later than stated. He started with the " percentages " then pushed the PR's into actual and quantifiable numbers.
UNFORTUNATELY, SG has yet to QUANTIFY his numbers with financials or better yet AUDITED FINANCIALS! At some point, either SG puts up or he will be silenced by OTCMarkets.
IMHO, the SEC is very specific as to CEO's stating positive numbers ( pumping the company ) but is even more specific as to the end result ( stock trading halt until fins. are produced or caveat emptor with a " grey market " status for those CEO's or 3rd parties who take it upon themselves to misrepresent and manipulate investors.
SG has been walking that fine line for over a year now and IMHO has now gone over it. CEO's don't PROMISE financials, up-listings, stock buy-backs, CC calls, etc. only to then put out a Twitter message to a certain group of social media folks that he now won't be doing what he has said he would until those elusive financials are now completed. OH YA......well SEEK is NOT a multi-million dollar company and it doesn't take 2 quarters to get out your financials.......SO, just WHEN is that going to be SG??? I will guarantee him that when the OTCMarkets slaps the caveat emptor on SEEK along with a 10-14 day trading halt, he will have those " elusive fins " front and center in record time!
I for one do NOT get my investor information from Facebook, Twitter, MySpace, etc. nor do I expect SG or ANY CEO to use such an underhanded way of notifying ALL shareholders. His blatant misuse of social media as his " way out yet 1 more time " of providing what he has stated for months now is NOT ACCEPTABLE nor does it follow the OTCMarkets guidelines of delivering information to investors with " event worthy " and critical news that would effect the trading and PPS of the stock.
Late last night I sent off a complaint to the SEC Whistleblowers web site, including 18 pages of previous PR's and some of SG's more " stellar " performances via his missed deadlines, including snapshots of the share trading on and just after the days SG provided them. Lucky for all involved, yesterdays performance didn't produce 1 single traded share.......GO FIGURE !
Since SG REFUSES to provide shareholders with believable and accurate information to back up what he has stated in black and white to pump up the PPS of SEEK then this appears to be the only way to possibly get his attention ( since I don't waste my time playing phone tag with CEO's ) along with the attention of the CREDITORS.....IMHO!
I want answers as to the legality of the " tactics " that SG has used to lure investors in with " information " in what seems to me and several shareholders to be the constant MANIPULATION of the stock PPS and shareholders/investors. It is ALL right there in black and white with the share volume and the PPS gyrating up and down while the privileged few make their bucks off of the unkept promises of SG with each and every manipulative pump.
Possibly his creditors won't be so eager to continue letting him keep stringing them along month after month if they think the SEC is sniffing around his front door! They may just take the money and run for the hills!! Would you blame them???
I would suggest to anyone who agrees with me to do the same thing this weekend and flood the SEC Whistleblowers web site with several dozen complaints next week. That way shareholders will get their ATTENTION real quick and SG will get the word even faster that we, the shareholders won't put up with his BS and evasive tactics any longer!
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