OTCPK:SBMSF - Post by User
Post by
Badger7on Oct 03, 2007 3:56pm
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Post# 13515728
Company must be negotiating selling
Company must be negotiating sellingI called DNK and spoke to VP finance Karen Minton to show the blunder in their shareholder's equity line being negative when it IS POSITIVE
she confirmed, yet she did not take my cue to put out a corrective news release
not only do they NOT CARE IF YOU DON'T KNOW HOW TO READ A BALANCE SHEET - YOU MUST HAVE THE CONFIDENCE TO SEE SUCH A MISTAKE BUT, they don't even take advantage of the fact the news was worthy to put out (for example b/c of the negative markets at the time - our report was largely overlooked but, it was good in my opinion)
this shows they are not marketing the stock at all and someone is very likely negotiating right now & trying to get it for a fairly good premium but, not enough such that if the stock went up on news - it might not get done
what else could explain not putting out the correction - this is a positive +$34m reversal notation blunder
why would they want newbies to NOT see POSITIVE SHAREHOLDER +$34m?
unless they are trying to beat everyone out of the stock to prepare for some clever patient accumulating house to take the stock on a great ride which, it deserves, either that or a buyout is coming
HOLD