GREY:SMBZF - Post by User
Comment by
HeyIrishon Mar 03, 2014 3:01pm
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Post# 22274120
RE:RE:RE:RE:RE:RE:a plot
RE:RE:RE:RE:RE:RE:a plotSchmid wrote: When the transaction was accepted Jan 17, SMB still traded about 6 cents.
Also as a creditior, the lower the SP, the more shares you get for the $$$$, so IMO you were talking out of the wrong side of your mouth again. lol
I hope you haven't been daytrading this one, because you would be about loco by now IMO, if that were the case. lol
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Talking out of the wrong side of my mouth. Wow that's a little harsh Schmid. You should consider what you are conveying to people when you post here. You seem to be implying that it is a good thing that the company pays it's debt with newly printed shares. Trust me you're missing the boat.
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I don't day trade SMB at all; it is too risky for me. I won't buy SMB again until they get their act together and tell their shareholders what has happened to Chad!!!! What's up with the LOI's and all the PSC's. If they can satisfy my need to know the truth then I'll re-vist SMB. I think there is oil in Kenya and a lot of it. But that really doesn't matter to me. What matters is what will be left to a SMB shareholder when all is said and done. I'm more than willing to miss the intial pop and start buying back into SMB at twenty cents or higher, but not until I know what it is I'm buying and what portion of it SMB will own when all the dust settles.
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We must be very close to an nr. We have to be, there can be a lot of time left as a company can't keep paying bills with shares.