Replies to post #3459 on Sector 10, Inc. (SECI)

[WishMeLuck1]

This is a good point. At this range it’s still buyable providing someone can attain a couple shares... who’s going to buy my 65 shares at $3000 a piece?

This means in order to ensure some profit we’d need to sell our shares on the way up, not quite at $3000 but close...

[Space Cats]

Precisely :) My question in a previous post!

...albeit in a slightly different way, yet sentiment is the same:

Who's buying at the higher levels?

[crabclamjohn]

I wasn’t trying to be negative just had a question. There is always a buyer, I mean look at Amazon at $1800 a share or Berkshire at $186,000 a share. This thing is definitely different. Good luck to everyone!

[JMMatthews]

It's a good point but more important to lock the float atm imo. As (if) the sp climbs to the stratosphere, DeAvila may address this as he has mentioned many shareholders need $500 to $1,000 per share just to break even. With the rs from 2012 factored in, many investors spent between $250-$450 on shares years ago

Also remember people buy these:
$1,915 sp for Amazon
$1,172 sp for Google
$2,584 sp for NVR
$3,717 sp for Seaboard
$331,336 for Berkshire Hathaway (447 volume on Friday, $148M dollar volume)

I like DLCsprinkles answer that it could simply come down to a cash payout by the company: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143726289

Also read again Shazbat's comments

SECI has enough documentation to prove its case. The only reason it has dragged on so long is because the other company has used the immense wealth they created by stealing SECI's intellectual property and packaging it as their own and selling it all around the world making $b's in the process to try and wear down SECI into either giving up the case or accepting something ridiculously small compared to what they are really owed by the defendants.

The defendants have made so much money that they could, I personally believe easily afford to pay a settlement fee of $2bn, to end the case as well as giving the plaintiff's, SECI a share of their company which after all is founded solely on SECI's intellectual property!

The reason why the share price has risen so incredibly steeply is because everyone is expecting a successful outcome in favour of SECI. The outstanding share count is minute compared with other OTC stocks and the float is even smaller - only 132,000 outstanding shares or thereabouts...

A $2bn settlement would mean that the company's greatest asset - cash in the bank, would make the company's shares worth $6,870.00 per share! That's $2000,000,000.00 divided by 291.114 outstanding shares according to the numbers on OTC Markets page.

Lock the float

SECI $$$

My bet is that since the company is a shell and the only value is the pending settlement, since the intellectual property is no longer what it would’ve been had it not been stolen that they will most likely issue a cash dividend equal to whatever the settlement is minus the legal fees and such in equal ratio of cash to shares outstanding.

In other words the shell will get an influx of cash then that cash will be divided by the OS and each shareholder will get a check.

Then the shell becomes empty once again, shareholders shares still remain intact and since the shell is clean with a low SS it can be utilized by the same management team and get “filled” with some sort of business.

Second thought is a cash dividend but leaving enough of the cash in to acquire a decent business that can add value to the shareholders.

In anycase I’d bet there is a nice fat check at the end of this for every shareholder of record. Businesses grow with cash so anything is possible when they get a settlement for $300 million - $2.3 billion dollars.

Gambit runs from 100% going to cash dividends all the way to acquiring a solid company and RM it into the shell. No matter what these shares are worth $1000 plus simply based on the reality that they should clear a $300 million settlement and most likely closer to $1 billion or the judge could order substantially more than $2.3 billion. Remember ADT/TYKO benefited with a $29 billion dollar revenue stream directly connected to this tech.

$SECI