News Focus
News Focus
icon url

Sloth97

06/25/10 10:50 AM

#26416 RE: sharon56 #26415

I like the way you think big but I don't think that's too realistic. Just JB putting in a plan to start buying back shares quarterly or with proceeds from shares sold from a client stock or something would ignite the pps here. Even if S3 didn't actually buy back shares but informed shareholders that he understood how ridiculous the share structure was and he was going to do something about it. He needs about 3 or more plans to reduce shares because there's many different ways in which S3 receives compensation and revenue. Investors need recognition from S3 that the share structure sucks and is killing shareholder value. This would be a big positive since share structure is a big thorn in S3's history, especially with the previous RS. Investors don't trust S3 and many believe they will do another RS. A share buyback plan even if not initiated immediately would help alleviate some of that investor anxiety about reverse splits (RS).

Don't get me wrong. I think JB is doing a great job making connections and setting up future business but that doesn't clear that investor anxiety about share structure. Those two things are completely separate and both need to be addressed. We never hear anything about share structure and that's where the anxiety sets in.

Clarify share structure - Alleviate investor anxiety - S3's pps begins appreciating.

Of course, all this is my opinion and I have no proof that this would happen but other stocks' pps have done this using a similar scenario.

Sloth
icon url

gyspsy

06/25/10 11:06 AM

#26417 RE: sharon56 #26415

Sorry to disappoint you, ain't gonna happen in our life-time.

All shares acquired through "some sort" = listings etc.... will be sold immediately to fund "the expenses" i.e. travel, PR co. a.s.o.

Yes, I'm a LOOOOONG time holder but given up as to "the Bickels" intentions of doing anything for shareholders.
1st, his son crapped out and hiding somewhere in China, Subsidiaries couldn't be found, albeit his son there and supposedly watching it, Father comes in and steps up to SIVC, so far NADA.
Hogwash!

IMO, just a "milking operation" by all concerned.
And where is the SEC, probably looking at PORN again?!

GLTY!