Replies to post #16224 on STL Marketing Group, Inc. (fka STLK)

[quikfix]

Management was very clear, honest, upfront, and direct as to why they increased the authorized and wanted to be prepared for ever possible financing scenario in the event that they can't obtain 3rd party financing to meet that necessary requirement (about 10 million) needed by the Ex-Im bank as per this post. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89862591

I highly doubt this authorized amount will change soon unless we get a Warren Buffett, Bill Gates type of investor in the next couple of months or so to help with this financing and dump millions in the CEO's lap.

Just my opinion of course.

[TraderGreen]

Fully agree. If it is really only in the 8 million range that they need to raise, then 2.6 billion absolutely won't be necessary and WILL scare off some investors.

There are so many scams in the OTC that people will, without looking much farther into this company, suspect a P&D. Lower it to at least 500mil. That gives a huge safety net for the company, but doesn't frighten people as much.

We all know that the company is certainly no scam, but a newbie comes along sees that share structure and P&D will probably be their first impression.

TG