My feeling is that SLJB will get off with a small fine and reprimand.
If there is wrongdoing proven, and "they get off with a small fine a reprimand", which probably wouldn't be much of a deterent to them using the same tactics in the future, do you really believe that the market will have the level of confidence in the wrongdoers, if left in management of the company, to bring the stock back up to that level, at least in the short term?
My feeling is that SLJB will get off with a small fine and reprimand. If they follow-up with the several PR releases (one which may confirm the closing of the cement deal), we will see a move back to the 4-6 cent range. JMHO
I second that thought but like to remind others that AF's are being driven to completion with a named CFO and auditing firm.
Which would make the 4-6 cent range look like chump change
It's what investing in penny stocks is all about.
High risk speculation can have it's rewards and pain.
For now it's pain in the wait for AF's,OSC hearings and greater transparency.
Knowing the upside versus the downside risk at this stage is all an investor need concern themselves with.
I've got 2.6 million shares that I won't sell until the Nasdaq.
Either they make it there or I'll have them certed and wrap my coffin with the shares.
Consider them retired from the A/S bringing the number down from 725 million to 722.4.
I have faith in the individuals that run this company despite all that's transpired.
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