Replies to post #16661 on Salamon Group, Inc. (fka SLMU)

[Rich]

It'd be nice if we could think that whatever Sunlogics does, is going to affect SLMU. What say you?

[iwondertoo]

However, it is the bottom line that is important to the investors, and, so far, that line is very red.

If people are investing in GM's good name, I would assume that they would buy GM, I believe that, here, people were thinking that a deal with GM would be profitable, not "feel good"

[Rich]

Why can't you answer the question that has been lingering in the minds of the shareholder....

How do deals with Sunlogics affect SLMU? Every question posted to you, you have answered except this one.

If you want more folks to be interested in this POS, then a clear concise answer is what we would like.

[Rich]

I know you may think I'm not a shareholder but, I am. Myself and many others would like to know the answer to my question. IR doesn't return any emails and/or phone calls. On my end anyway, I've tried numerous times. Not like I would be inclined to believe them anyway but, SLMU was plastered all over the recent Sunlogic PRs yet, it was rather unclear and no one can or will give a straight answer.

I realize SLMU has 'first rights' to purchase any projects that Sunlogics produces but, where are they going to get the funds to accomplish this task?

How does this equity investment by GM to Sunlogics play a part in the future of SLMU and Sunlogics Power Fund Management?

Either you or the company had better clear this up because it's looking more and more like a fraud everyday. I tried to stick up for SLMU and may have caused friction between myself and other iHub users that I highly respect because of what I think is going on but, avoiding my question(s) is putting me on edge.

If you don't know, just say so. If you do, and you're not saying, and since I can't get a clear answer from IR, etc., well then... (shaking head) I really feel sorry for this stock.

JMO but... what the hell do I know?

[MTN_G]

let's not forget the LARGE short positions in this stock

[standintall]

The dealership agrees to getting a Green Zone for two reasons. 1 It helps sell the hard to sell Chevy Volt and it creates a good image for the dealership as forward thinking. 2. It costs the dealer nothing out of pocket to get a Green Zone installed on their property.

As to your statement that

while there is no excuse for our poor IR efforts, I believe that there are steps on a monthly basis which lead to optimism not being misplaced.

I disagree with this statement.

Michael Matvieshen stepped into a leadership position in SLMU in early December 2010. Three days later he announced the acquisition of the Power Fund corporation, something he controlled as well. It took him 5 months to complete that acquisition. Given that this new corp was basically an empty shell, this whole process should have been accomplished in a matter of weeks, and not 5 months. Was this unnecessary delay due to incompetence or is SLMU very low on his priority list? Folks can decide that but I think he got enough of a boost from the announcement that there was no reason to push the process.

Now it's 8 months since Michael Matvieshen took over SLMU and to date the only "steps" that have taken place are the nomination of a few people as directors, you among them and the inking of a deal which is about as valueless and pointless a document as I have ever seen given that the two parties to this agreement share the same CEO and directors. The agreement was more of a PR stunt than the creation of something meaningful.

So, in 8 months all that has transpired is basically nothing but the acquisition of an empty shell. How can that lead to optimism?

Finally, given your position in the company, you have the ability to issue a statement regarding that Green Zone that was supposed to have been put into SLMU back in January. Your unwillingness to clarify this speaks volumes about what you and your pals think of the shareholders in this corp and for that, I say, shame on you!

While safe harbor provisions could absolve you from the obligation to inform the market when something you say you are going to do doesn't occur, the safe harbor provisions of the law do not apply to your moral responsibility to be honest and transparent with your shareholders or you fiduciary responsibility to keep the shareholders informed of material changes within the company. Nor does it give you license to ignore the shareholders right to expect you to keep your word, something you obviously hadn't done as of May 12th when you published your combined financial statement.

You are right that Rome wasn't built in a day but it sure fell in a hurry and proclaiming while there is no excuse for your poor IR effort there is reason to be optimistic is an insult to your shareholders. What you are in effect saying is that "despite the fact that I have failed the shareholders by not taking the responsibility to keep you better informed, something that there is no excuse for, I want you to remain optimistic despite the fact that I obviously have absolutely no intention whatsoever of changing this situation."

A press release takes maybe half an hour to write and a few minutes to send in to marketwire or whoever you use.

Yet what we can all hope is that there is a sincere desire to turn a corner and that there has simply not been the bandwidth available to do more of what the early investors are seeking.

WE??? What do you mean "we"?... You are not us. You are "them". That statement Sass is perhaps the most insulting thing I have ever read. You are hoping there is a sincere desire? Dude... look inside yourself. Is there a sincere desire or not?

No bandwidth? What the heck does that mean? Does it mean that the you haven't had the time or energy to write a press release? You're sitting on your dock instead of working to fix this. This makes you part of the problem. There is all the bandwidth necessary to write and issue a press release. Heck, in the time you've spent here you could have written and released a dozen press releases. The rest of the people here may want to give you a pass but not me. Since you are the company here, your posts only confirm what I have been feeling all along. This stock is a very bad joke and not something anyone should have their money in.

The bottom line... I don't think management can be trusted.

[hot-penguin]

Yet what we can all hope is that there is a sincere desire to turn a corner and that there has simply not been the bandwidth available to do more of what the early investors are seeking.

Hope this helps,

WTF???? WTF???

No, "this" doesn't help, as usual.