News Focus
News Focus
Replies to #19710 on lowtrade
icon url

Cee-It

12/11/10 3:58 PM

#19712 RE: shopgirl #19710

My advice is don't get caught holding any shares in SAEI because it could soon be stopped from trading... that's if the claims of open and blatant fraud abounding there have any merit. I've read posts, but I cannot say posts are reliable, where they say the PR machine is claiming participation by leading names in the mining industry, and those same named people are now publicly stating they have nothing to do with anything there and they plan to work with authorities to resolve this immediately.

Great TA will have no bearing on a stock that is suddenly issued a CEASE TRADING.

JMO, do as you feel best.

WOW, GTEL, now that brings back memories.
icon url

lowtrade

12/11/10 4:22 PM

#19713 RE: shopgirl #19710

SAEI tinfoil hat eval


Yes we remember GTEL's $900 million Russian contract, don't we. The start of the down fall which ended with millions & millions lost by believer of the Wizard of OZ ( The GlobeTel Munchkins) LOL
------------------------------------
For SAEI
The first thing to do is try to see how many shares are in darkside hands. I read FEB 2010 there were 31 shareholders. 2 held 32.5 mill. The O/S is reported at 61 mil today, but it should be 4 times that per a stock split PR Aug 2010. (Info below)

There is no company FEB 2010 $7k cash - $37k liabilities. The stock purchase value of the 61 mill is .005 +/- cents. With an arbitrary value given of .36 cents
Closing Bid Prices
2009/2010 High Low

March 1 to May 31, 2009 $ .nil $ nil

June 1 to August 31, 2009 $ .nil $ nil

September 1 to November 30, 2009 $ .nil $ nil

December 1, 2009 thru February 28, 2010 $ 0.37 $ 0.35


Since the share value was raised from .001 actual to .36 on paper. IMO you have your scam.

The AUG Q report shows the old company exc's 32.5 mill @ .001 and 28 mil sold @ .01 cent, Theres the value of the 61 mill O/S. $5 mill raised in a debit loan with NO info. IMO this is were the unknown spilt shares are from. Reported as a dividend!

So from under my tin foil hat, I'd say 61 mill X 4 = 244 mill shares out for the $5 mill loan. @ 2 cents a share +/-.

Looking at the chart my guess the 32 mill old owners sold there shares for 2x to 5x late Oct in the first price & volume spike. Now the darkside holds those and 28 mill at .01 cent and 244 mill @ .02.

The attention grap price & volume surge is complete and alls ready for the pump & dump!

Now all you need to do is add up where you see 300 mill (32 mill + 28 mill + 244 mil) is shares sold into the pump run. When you think all have been sold the dump will come! I'd say real soon!!

Tinfoil hat research info.
click 11/12/2010 AUG 10Q - click sub document - scan down to page 2 assets Note cash increase from FEB & $5 mill loan.
http://www.otcbb.com/asp/Info_Center.asp
-----------------------------------------------------
10-K Annual report which provides a comprehensive overview of the company for the past year 38 07/14/2010

For the fiscal year ended February 28, 2010


Liquidity and Capital Resources

Since inception, we have issued 61,000,000 shares of our common stock and received $63,500 in proceeds from these sales.

= .001 per share

As of the date of this report, we have yet to begin operations and therefore have not generated any revenues.

In September 2007, we issued 17,500,000 shares of common stock to our President, Mr. Donald Axent and 15,000,000 shares of common stock to our Secretary, Mr. William Kosoris, pursuant to the exemption from registration contained in Regulation S of the Securities Act of 1933. The purchase price of the shares was $6,500. This was accounted for as an acquisition of shares.

As of February 28, 2010, our total assets were $7,511 and our total liabilities were $37,657. An insufficient cash reserve is the company’s sole asset and resource. As a result, the independent auditors of the Company have expressed substantial doubt about the Company’s ability to continue as a going concern.
--------------------------------------------
Yet
Aug. 24, 2010 (PR Newswire) --

DENVER -- Supatcha Resources Inc. (OTC Bulletin Board: SAEI) ("Supatcha" or the "Company") today announced that it has completed a 5-for-1 stock split effected in the form of a stock dividend. The record date for the stock split was Wednesday, June 30, 2010, and shareholders of record on that date received four additional shares of Supatcha common stock for every share held.

Supatcha's transfer agent has mailed the new stock certificates representing the additional shares on or about Wednesday, June 30, 2010. The market price for Supatcha's common stock, as reported by OTCBB, reflected the stock split beginning July 1, 2010.
---------------------------------------------


icon url

10thMountain

12/11/10 5:51 PM

#19722 RE: shopgirl #19710

The Russian is not unknown. He's the owner of the New Jersey Nets. It is not a scam....
icon url

lowtrade

12/11/10 6:01 PM

#19723 RE: shopgirl #19710

Here's a picture of what I guess is happening with SAEI from under my tinfoil hat.

While this one is not the common sub or micro penny, the chart is and the way to estimate when a pump will run out of shares for sale is. Usually there is restructuring involved with funding VCs as part of the story. This one has done that behind the curtain. Without any pre share accumulation, because the darkside & VCs had the shares needed from the begining.

The PR story builds Nov Dec.