SIOIs very lucky.
We have or we have had Ralph Garcea, Bruce Campbell ,Beacon, TD for whoever or whatever reason our biggest defender and supporters as of late and The Caisse, a silent sleeping giant that is bound to wake up soon.
Ralph Garcea has been with us for at least five years, he helped us broker three PPs, the first big one with Haywood in 2009, the second one with NCP in 2012 and the third one with Global Maxin in 2013.
He has been more than family, a very good faithful friend.
His reports immediately following every CC were expected, received and devoured on time.
Going back he was there when every target-deadlone was set and he helped set a couple.
His ever overly optimism was taken into account.
Report after report, target after target were not or barely delivered by SIO.
Now Ralph is with Cantor Fitz and they are selling.
When Ralph left GM with three other high ranking employees, GM released a page saying that they were ceasing to cover the Companies that the leaving employees had.
I don`t remember all but SIO was there.
Will Ralph come back on the next CC hopefully at the end of April after the Financials??.
As of now GM still has a net of over 6 million shares.
So we have to ask ourselves why are they selling at 0.25 when then the share projection is triple that.
Uncle Bruce came out of nowhere, just like Beacon and around the same time.
He was the engineer with help from Beacon to take this stock from 0.10 to the mids 0.30s.
Hard to see his rationale since he has been selling and his known ownership stands at 1.354.000 but everytime he shows , UP we go, the best catalyst.
Beacon came on March 12th 2014 out of nowhere with the SP at 0.10 for months, they had never bought one single share, they doubled the SP in two weeks and with Bruce up they went to the tune of 26 million bought and over 6 million net.
Who are they and who are they buying for ???, a mistery but good for us (so far).
TD has been a working horse protecting, crosstrading and doing everything they can to keep this boat afloat.
If we take them from the same time as Beacon they have bought over 24 million and have a net of over 7.7 million.
Who are they playing for ?, why are they doing it ?, another sweet mystery.
The Caisse a life savior that does not get the respect they deserve, they are like the rich Uncle supporting the whims of spoiled nephews, but they stick.
At last count they have “for sure” 16.240.000 shares.
So, we have good friends and family but SIO still can`t communicate with clarity, meeting deadlines is just a hard word, respect for them or for investors they don`t have the ability and so on.
Without their support and ours we would not exist, and like Dave says “it`s a Fact”.
Again we are at one of the biggest crossroads of our history, more set backs are not only not allowed they are unthinkable, how many times we asked for EXECUTION, CLARITY, ON TIME DELIVERY, COMMUNICATION, ACCOUNTABILITY and the good old MARKETING.
Between The Caisse, TD, GM, Beacon, Bruce,Routhwiller and Laberge they have 45 million shares.
You can scrap another 10 million easy, giving over 50% of S.I.
We are sitting on yet another 0.25 support.
All this can change fast if any of the things we asked for are delivered or we can wait till the end again and request another lifeline.
Time and Money needed fast and well used.
On the next CC somebody should ask for an explanation of the new Format which turned out to be one of the most unclear PRs in a long time.
Projections, time lines, international launches, some of the countries, Paramount renewal and how long till the Disney expiration and etc etc.