Replies to post #22901 on Salamon Group, Inc. (fka SLMU)

[rubs1]

Valid points sunbits, but the thing that concerned me was the legal proceeding section. Does this mean that the DSTI/SLMU share exchange is on hold?

From page 25 of the 10Q

On August 6, 2012, Haverstock and Radiant obtained a preliminary injunction on default against the Company enjoining the Company from entering into any share exchange. The court also granted Haverstock and Radiant a preliminary injunction on default and ordered that the Company:

(1) Is immediately prohibited from entering into any exchange of shares or merger until it meets certain requirements set forth in the notes;

[Celtics2011]

The revenue forecast is far too high for a company that is just starting out. I will give an example of a company that over shot and get decimated. DNDN when they got the thumbs up 2 years ago for their prostate drug Provenge they projected 420m for the year before they even had any sales of significance. Bottom line they kept slashing and slashing ps the stock fell fro 50 to here approx 5 a share off 90%. This company needs to play the AAPL GAME shot low all the time every quarter. They are setting themselves up for enormous failure with these ABSURD PROJECTIONS!!!!! No NEED to forecast th model but they will fall short without question. Its far too ambitious of a goal and they need to adjust asap or else destined for failure.