Replies to post #7393 on Southcorp Capital Inc (STHC)

[k9narc]

"We cannot do anything about what has transpired here with this Astrom thing........I can tell you that Jim told me once that he didn't know Astrom and his background prior to getting this shell........this came later."

Your right on your first point but I have a he11 of a time believing that Jim didn't know any of Astroms past history.
It would be easier to believe if SMMW wasn't another of Astroms shells. If he didn't know and Burgess helped introduce Jim to Astrom, Jim owes Dan one. A BAD one.

Look for .0001 Monday am with a big RS and increase in the AS to follow soon after.

IMHO

[greenallday]

Again you present distorted facts, Jim bought a block of prferred shares (30 M or so) that gave him control of the company. Jim did not pay for those shares, while Jim didnt pay for those shares he was selling common shares in to the market to us. Asstrom sued for non payment and I guess he won and got the preferred shares back that Jim didnt pay for hence where we are. With Asstrom at the helm and a company with no assets. Its like Jim bought the shell on consignment raised money didnt pay for the shell gave it back to Asstrom and kept the money he raised (ours)and then went home with free money and us shareholders left with not what we we sold.

[19 Road Glide Special]

makesum, It is very difficult to believe that Surfer Boy would enter into this venture with Ass-trom without doing a little DD first.

Would you borrow money, put your life dream, career, reputation, etc up on the block without checking who you are dealing with? Doubt it.

There was an article today in the New Hampshire Union Leader about a couple who were sent a letter saying they had won some Canadian lottery for $450,000. They had fallen on hard times, and didn't bother to read the full instructions. They received a check for $4,700 in advance for "Non-Canadian residence tax". After that, they simply needed to provide their SS#'s and all personal info and they would get the full amount. (LMAO)

They went to their local bank branch and attempted to cash the check. The teller actually gave them the money and they were on the way out (good forge job on the check). The old guy happened to mention to the Branch Manager that he couldn't believe they won the lottery. BM read the full letter and discovered the scam.

The letter stated that they would receive the full amount once they provided their SS#'s and other personal info. The BM took the $4,700 back, and advised them to shred the letter and never think about it again.

Now, this is some old couple from East Cow Pie New Hampshire who almost gave away what little they have because they didn't check into the full story. Small potatoes compared to what Surfer Boy had at stake.

I find it VERY hard to believe that Surfer Boy just put everything on the line without even Googling Ass-trom's name. It's all there, the scams, the lawsuits, etc. To even believe that he didn't check this clown out is laughable.

I was fully aware that Ass-trom was involved here before I put in a dime, and still decided to take the risk. Just a roll of the dice. No risk, no reward, ya know?

It cost me $5K and it's gone now....no biggie, I'll take the write off to offset gains elsewhere. Point is: I was only putting up 5 grand, and took the time to check out this idiot Ass-trom. Hard to believe a supposedly well respected career Coastie didn't at least do the same.

All IMHO.

p.s. It's only an hour and fifteen minute ride on the ole Harley up the Maine turnpike to Portland. Maybe I need to go buy me a surf board.
;>)

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