Replies to post #5879 on Safeguard Security Holding (fka SSHSQ)

[liable]

The only problem with that, is once all the convertible debt is paid, SSHS could have 6-8 billion shares or even more. It's plausible, there is another Gelmon company that has an A/S of 4 trillion currently when considering the adjustments for reverse splits.
A lot of money is needed to move large floats, and a lot of people have heard these guys cry wolf many times in the past.

[Smilin_B]

I posted this 4 days ago !!!!!


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Well while I do see your point, in my particular situation (only speaking for myself), i made more on trading the shares over the past 2 years then my potential loss if this were to fold up shop completely.

Im only here for the sport of it now, and when the day comes that NIR group backs down, and a PR is issued concerning debt consolidation and/or new contracts etc - and the stock runs due to lack of CD selling, then perhaps I'll cash out with a fat 200 -300% return on my investment.

Plausable?

I think so

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