Yes, SUIP is very cheap. I wish they would
do something with the shell already.
Meanwhile, i am trying to play the runs and accumulate
more. Sold some @.05 and bought back what i sold and more
@.014 (around 150k shares). I now own 3% of the OS shares.
IMO, I think it makes a lot of sense to have a nice position built in SUIP right now. SGBL continues to have a market cap more than 10X higher than SUIP (adjusted for insider ownership percentages). And SUIP has shown a history of some extremely interesting movements in stock price.
It has gone largely unnoticed on IHUB, but Shaojun Sun sold controlling interest in the SGBL shell to Greenkraft, Inc on May 16. I assume this will allow Shaojun to spend more time concentrating on the SUIP shell......
On May 16, 2013, our controlling stockholder, Shaojun Sun, sold 2,300,000 shares of our common stock (the “Control Shares”) held by him to Greenkraft, Inc., a California corporation, for $125,000 pursuant to the terms of a stock purchase agreement. As a result of this transaction, Mr. Shaojun Sun transferred control of us to Greenkraft, giving Greenkraft approximately 68% of all votes entitled to be cast in any matter requiring or permitting a vote of stockholders.
http://www.greenkraftinc.com/
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