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papafishie

01/07/12 7:37 PM

#57860 RE: pitadog #57859

Still believe that the DTCC said F U to Roth, either be quiet or it will be locked forever.

As to financing and moving forward, what would prevent SFIO from selling the extra 99 million of preferred shares on the books? Do not believe the common have to be unlocked for that to happen.
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Rootjim

01/07/12 10:57 PM

#57866 RE: pitadog #57859

As for as selling shares of sfio if DTCC lock were lifted,I don*t know what the other investors would do,but I can say what I would do.Say I had a 100,000 shares I purchased at 2 cents each with a total cost of $2,000.If I sold at present prices I might get $150.Why bother selling for for $150 it wouldn*t buy much these days.I would be more inclined to spend another $150 ( price I pay for a couple tanks of gas)and see what happens.