SG has been open to admit failures, along the way he realized the potential value. The company has suffered through the growing pains and resurfaced in a much stronger position, development of a new platform, established a sound business model and announced the progress. SEEK will up-list (IMO).
SG also has a working knowledge of the markets.
Every once in awhile you come across a telling post.
Up-listing to OTCBB should force a short squeeze and an accounting of the shares before the change from OTC. Also, the up-listing to the OTCBB should have us tracked by all the big board sites along with the Nasdaq, Dow, and AMEX, so a high percentage gaining day would reap greater exposure to large investors.
SG confirmed that we have major firms on Wall Street interested in SEEK, but first W.S. says that SEEK must be fully reporting on the OTCBB. This gives institutions the green light & just cause to pump up an OTCBB stock. Major firms know first hand the counter-short potential and profits to be made by them stepping in with big investments. Not necessarily for long-term gains, but to manipulate a short squeeze. In my opinion and experience, W.S. firms could careless right now if SEEK becomes the next baby Google. They know the short/naked shorting game and its $ value to join the opposing team. I've witnessed this trend many times.
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