Replies to post #579 on Seychelle Environmental Technologies Inc (SYEV)

[ZachBuffett]

Well I think the key is the "delays in negotiating three major new distributor agreements." If that pans out sales should be back up at the end of this quarter.

The earnings were definitely a disappointment for this quarter, but one quarter is not a huge problem except for the short term pps. Growth is still there, that study is nothing to mock, Seychelle is leaps and bounds ahead of where it was 3 years ago, and the PPS will show it. The way it has been trading made it vulnerable to a drop on a lower earnings report.

The long term is still great here.

[10 bagger]

SYEV.. $0.50

I guess the spin worked because it caused me to not sell a share.. I thought the bids around $0.42 level were stong enough that I joined in the feast.. I bought between $0.40 and $0.43 and did so for a flip but after reading a little more into the report I realised that the sum of the report was nothing more than a delay in filling orders in place.. It could be quite possible that SYEV could be dead money for the next few Qtrs. but to pay taxes on a position with a cost basis below $0.20 would make the re-entry point much lower than where I think SYEV could/will possibly trade..

According to the International Business Times Study of the 1,000 Fastest Growing Companies in the World, Seychelle is 48th in overall growth in the World with a 73.3% Compound Annual Revenue Growth Rate between Fiscal periods ended February 28, 2008 to 2011; is Second in Household Durables and 5th out of all U.S. Companies

Almost the same thing happened at/when orders came in from the HATI relief funds.. The reminder by SYEV as to where it stood in the eys of others was brilliant because it kept the balls in the air while some decided to leave..