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Friday, January 24, 2014 4:11:35 PM
Search Scott's Press Release when SEEK was trading under the ticker EYSM not long ago.....and his words are eerily similar to what he is saying with SEEK
Scott was at the helm of a company called FLIP and the SEC revoked it due...........failure to file
IMO, Scott has been doing a lot of time buying. And given the fact there is a product (websites) it a times creates an illusion, then PR's Profit and Revenue numbers and at time the allure is that more appealing. But when you peel away the outer surface and look beneath the transparency and information to be found leads you to a dead end.
I was really hoping that Scott would've had his SEC 10Q done by now.....its only been 5 years since his last one
Guess what, no alleged shorting MM, alleged MM manipultion or Justin Bieber getting arrested had nothing to do with why Scott and Scott did not have not even one SEC Filing for 2013 for investors to look at yesterday
What is Scott needing to hide? Just release you audited numbers so this thing can take....not understand all of these delays
Why no price increase?
Well:
1. revenue projections - old news, we knew these numbers already
2. 1st qtr revenues - old news, we knew this already
3, filings for 10Q - what appears is more delays, after all, in the CC, SG said they just contacted SEC the day before to determine which exchange they would list on
4. they should have known in the CC if the companies they are signing contracts with will allow them to release their names. this is something you discuss with a partner at the time you partner, not a point or question you say you will look into.
5. all the stuff about City Grid is old news. lots of old talk about revamoing.
the "dramatic developments" the markets were looking for would be like this:
1. revs are expected to exceed the 6 million originally projected, like lets say, 12 million
2. actual partner names (big names)
3. uplisting on the spot, not more excuses why its coming down the pipeline
4. actual update on the trade show last week and developments that would lead us to believe it was fruitful
5. a new acquisition
to me, the CC was a major let down. just more of the same same.
bought themselves another 2 months until we hear in march that another policy or procedure (they weren't aware of) will hold us from uplisting.
I almost positive that questions that were sent in to email address they gave were not addressed. I know mine wasn't!!!!
Sad, sad!!!!!
note to SG, look up the word "dramatic" in the dictionary.
markets want "wow" that can be substantiated.......
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