InvestorsHub Logo
icon url

WallStreetSTTA

05/15/14 8:39 PM

#19225 RE: quikfix #19224

Well it's seems the PPA will not be signed this month IMO...

The PPS will go lowerrr.

Trade smart gl
icon url

Inve$tor77

05/15/14 8:45 PM

#19226 RE: quikfix #19224

Thanks great post. Looks like that The PP a is still in play
icon url

WallStreetSTTA

05/15/14 8:57 PM

#19227 RE: quikfix #19224

Well it's seems the PPA will not be signed this month IMO...

The PPS will go lowerrr.

Trade smart gl
icon url

WallStreetSTTA

05/16/14 9:42 AM

#19229 RE: quikfix #19224

Can some one sticky that email.
icon url

ForReal

05/16/14 1:12 PM

#19234 RE: quikfix #19224

The way I interpret that email is we are in a Catch 22 situation. Reaching .01 to become an OTCQB listed stock is going to be very difficult if they are limited to equity financing to raise capital to fund operations of the company. I agree it was a dirty deal to punish companies that spent a lot of money to become an OTCQB listed company. In essence they are forcing many companies to themselves enter into the same Catch 22 situation than STLK. Rather than nurture companies to become successful and openly transparent, they are putting burdens on them that could end up destroying many honest and striving small companies. This is all about money for the OTC Pink Sheets listings, with the new fees and regulations. In essence the OTC has become bed fellows with Asher and other equity financiers. On the other hand, I currently hold another stock trading over .04 with a float of 207,000 shares and an O/S of over 600,000. So, there is hope for this one if they can get the PPA done before seeking more operating capital. It was my impression, from the Company, that May 15 was the critical date for getting this done with the ministry they are currently working with. And that they will now pursue ICE as the vehicle for the PPA terms. That was revealed in the presentation the company provided to private investors and discovered by someone here on this board. It was a Power Point presentation or something like that.
icon url

Snizzle

05/16/14 7:19 PM

#19241 RE: quikfix #19224

The CEO is right here~


"As to the price per share, we do not control that nor can we comment on what we think the price should be or will be, that would be a clear violation of SEC rules. "


Totally out of his hands as he has elected to deal with Asher and others.....all the CEO can do is watch Asher work his magic in obtaining the utmost amount of free trading shares possible all while devastating the sp.


Good call CEO......investors are clearly excited about your decisions.


SHEESHHHHHHHH!


STLK