Investorotter, I will post the post below and respond to it below each of HOG's answers...
Hi Frost, in response to your questions, the following:
Does anyone know if PArtyS sold his 40 million shares of Sulja? There were 2 others with over 20 million shares apiece but I don't remember who they were.
I heard he sold most of his shares before 11/15, as he was beginning to see some major red flags (i.e. something about one of the Kore employees posing as the Wessal lawyer). I believe one of the other people you were referring to was Chad from Marquee Asset Mgmt. I highly doubt he has any shares left, as he is now the CEO of MDOR and is long gone.
My answer: I AGREE
Did the guys from the middle east that purchase all those shares and who received their 50 million shares Certificate from Nevada sale yet?
I heard that they did not purchase 50M and that they sold the shares that they did buy back into the market.
My answer:
I need to go back into my notes but I think they did buy 50 million shares. That's why they asked for the 50mm in certs from the TA. Remember when the TA showed 850mm instead of the 800mm? That was a mistake and it was corrected.
What is the chance that some entity from the middle east has bought up all the shares that they could have at these prices?
Anything is possible, but given the OSC deal that is going on right now, it is highly unlikely.
My answer:
I agree with HOG
Imho, there are a lot of people who are buying and holding shares of SULJA and will never release Shares at anything under .25 per share. I for one am holding out for the nasdaq on most of my shares but I will sell a few at .25 to get my investment $$$$ back.
I agree that there are people buying and holding. However, don't believe everything you hear about holding until $1.00 or holding to the Nasdaq. 99.99% of the pinks don't go anywhere. If the company is able to clean-up this mess and the pps goes back up, take your profits. I hope you're able to get all of your money back and more.
My answer:
There are some that will wait to see if this gets to the Nasdaq and some that will sell at the first pop. Everyone has their own strategy. It's true that 99% of pinkies don't go anywhere. However, there are a select few that do and that's where the gamble is. In the end, all is a gamble. Do I think there is a possibility that SLJB becomes one of the few? Too early for me to tell yet. A lot has to come out for that to happen but it is possible under the right circumstances.
March 23rd is getting close. GOT SULJA?
Yes, 24 more days. Can't wait to see how this plays out. It's been an amazing saga to follow. I hope the OSC and/or the company don't need more time and extend it out even further.
My answer:
I am hoping like every long here that the OSC does let lose a bit after the 23rd, even if they prolong it further. I am hoping that the company will be able to release news and material information that the shareholders need to see. It would be impossible for me to give anything other than my opinion because I simply do not know what the outcome will be.
Airys418
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