Replies to post #43384 on Strattner Financial Group (SCNG)

[xoom]

I totally agree with you on some of the items you have listed.
But the thing I have learnt in life : In Business EMOTION'S DONT MATTER. If you had to choose between money and emotion, the former scores over the latter. One of the drawbacks that WE have gotten into is this is a non sec reporting company. If it were a A list stock, the CEO would be more answerable to the stock holder.
We voted a BIG no for the Cell Therapeutics (CTIC) R/S and our voice along with voice of hundreds of shareholders was HEARD and James Bianco had to choose NOT to go for the R/S even though you could tell that they did have an inclination towards it.
But at the same time we had that much control over the GETA R/S as the R/S seemed imminent with the company losing all its reserves for money.
So any company in the public domain, at moments, when it needs cash reserves, is inclined to ponder over a R/S.
Well we always think from the aspect of the share holder. At least I did, till I studied economic theory and fundamentals of how money works in big corporations lol
Lets put is this way.....
DM had 2 options :
1. Force a R/S and get the funding much needed for the final surge
2. Just let his whole project dwindle into oblivion, the generous and kind hearted man that he "would" have been, without indulging in a R/S.

Which would you have preferred ? 1 or 2 ?
Well since we have invested and we would like to make at least "some" money, so 1 above works for us.
Of course we could have given an emotional twist to this whole R/S : the timing, the holidays, the sentiment, the promises.
But as I said when there is a crunch for money, corporations first think about "what is the fastest and easiest way" using which we can get the money. Well the word "reverse split " is defined in the financial dictionary, and it is legal... so lets do it ..lol
As I said before, I was not at all happy with the lead time given to us before the R/S and also I felt bad that something promised to us was not delivered. But then I spent a few days analyzing facts and resigned myself to the thought that "something is better than nothing". I know DM has a good team ( some big names) . We hope they rise up to the occasion and deliver.....


JMHO
GLTA

[Keddleone]

I absolutely 100% feel exactly the same way...talk about complete lack of respect to people that were actually standing by and investing into this with no bid, liking what they were hearing and seeing a huge potential to make some money and be a part of something that could completely change the world...The way we were being led like sheep to the slaughter, and I know the rules trading these pinks but man, talk about being disappointed. Last "negative" post on this board cuz i want you all to do well just be careful, I wish i was...Sincerely wish you all good luck