Replies to post #46108 on Strattner Financial Group (SCNG)

[cynic2005]

They also have a very real bio-diesel plant whose design was flawed from the get-go and lost a ton of money for the short period in which it was producing.

They also have a pretty office in a far too pricey location for a company without revenues for years, but I digress.

They also have a tax-payer ID etc, so they are a real company alright. They also have a very real $40m in debt and next to $0 cash.

However, all of that still doesn't make it a VIABLE company.

I live in Dallas and drive by that particular intersection at least once a week and there has not been a change in that location since the board was put up. No clearing, grading, digging or any activity whatsoever. Furthermore, if you follow the PRs, a lease agreement on the location was never finalized. The intent to do so was announced and it was to be completed by 11/30/09.

So you may want to include an asterisk in your statement.

[professorschnitzal]

No offense Alexander, but these are old photos from the fall.
Stupid is, what stupid does. Give us something better. I know!
How about the company having a shareholder's meeting where
we have the opportunity to ask them the difficult questions!!!
This will never be a 'real" company to me until they do. So
you can throw all of the old photos at us you like, it doesn't
mean a hill of bills. I'm three years in, and have lost 98% of
my investment. So yes, I am a bitter pill. It's going to take much
more than a few photos of an empty parking lot with a sign of
the company's name slapped on the side of it to convince me
that they've actually turned things around.

Have a good year pal. Once you get the photos of the
stations completed, please feel free to post those. I will
then be eternally grateful.