InvestorsHub Logo

maseraticoupe

10/29/15 10:18 AM

#5425 RE: msgbrdinfo #5424

Dr. Fabio never gave up raising money and he is still hot on the trail of new financing plus others !

I agree we have a FULLY COMPLIANT company that was delisted because those RANTs stirred up ignorant shareholders that were panicked by SJ....

We all knew this was a shakey investment begore we bought in. I am not deterred and I believe we will have new financing and what we need is a NI 43-101 for "Outside Investors " to jump in.

From what I understand there were a lot of complaints that were sent to the SEC , and that's why the Judge revoked it.

SLTA is not dead , and will raise again IMO

Keep the Faith.

IMO

gappa2

10/29/15 11:22 AM

#5427 RE: msgbrdinfo #5424

I have another company that was public go to the "revoked: status........my shares are still in my brokerage firm and they are still held there. You don't have to do a thing about it. The brokerage firm has all the records of when you purchased the shares and all shareholders shares will not be disposed of or tossed out by your broker. So what ever happens in the future..........that is where our history and purchases are. We are fine and recorded and any future changes to our positions will be taken care off by them as always. I think we don't have to worry about that.

It is really not a mess from the accounting point of view.In fact the other company had a reverse split when they thought they had new financing. That split showed up in my account........and we where still "revoked"and private. Somehow al lot that was taken care off, but sadly the money of the deal did not come through......but the split and those shares are in my account an all of that word. We are good and every on record is in the same boat.

I don't know what people with the actual share certificates in hand do with them now? .....(such as people who did private placements.) or in the future when they announce a deal.? I guess if they go pubic again they will have to take those certs to the new transfer agent..........so in a way, they will have more paper work to go through, than those of us who have our shares held by our broker. Of course those with certs always will be able to wipe appropriate areas if all of it goes under............the rest of us will have to us our hands, since we only have electronic certificates held by our brokers...........but I am staying strong and don't think we will see the last option.