Sensio Technologies Inc SNIOF

RE:What next?

[Sailor99]

  
Polebrook:
Again my two cents and with due respect.

On the creditors you mention Disney, they are not there, neither Universal,and Fox.
Paramount is there for $99.000.
Big Picture $125.000. strange.
Buena Vista $100.000. strange.
Giant Screen $52.000.
Hardly a desperate bunch.
 
 
NeuLionfor $170.00.
Deluxe for $26.000.
 
KPMG our Auditor for $38.000.
Marketwired for $10.700.  PRs are not cheap.
Plus a few more  for a total of $860.000
 
3Dn-LLC the Company making the offer for $2.900.
I searched for them and somehow are related to Wi-Lan.
 
The beauty of all this is that we don`t know which patents are being sold and for how much, we know that some have been granted and some are pending.
 
We have been told for years that our patents are worth anywhere from $16 to $48.000.000 assuming 119.000.000 shares a bit less at 112.000.000.
So even at half of the lower picture why are we trading at 0.01 ?.
Were we misled all along?.
 
When you say “Having failed to manage Sensio to any level of financial success, it seems unlikely that the public markets would back the remaining business (which has no patents of any value as they've been sold to WiLan and only two employees”, we don`t know which patents were sold “and” if all the good ones were sold for a pittance then we were duped to extreme and neither the Courts or Deloitte had any business in prolonging something with no way out since some of those patents are used or related to the running of 3DGo..
 
That`s why I think that whatever patents were sold still leaves some  with value yet, in case all else fails to recoup something.
Also it has to be some money left from this sale to try a restructure in conjuction to Routhiers recurring loans and hopefully increased revenues from 3DGo on the highest rental season.
If there was no chance at all why go with this charade and give hope not only to us but to the creditors and the Company itself?.
 
The Caisse with 16 million plus shares and almost $3.400.000 invested.
Routhier and LaBerge with 8.5 million shares.
And the trio of Beacon, GM, and TD with nets of 20 million plus shares are toast just like that ??.
 
We are in deep deep water but somebody must have seen something.
SIO can extend the “Stay” up to six months if there is light, that will put us till the end of June, but I imagine if Q2 and Q3 don`t show value we are toast.
 
It`s a hard one to read and call from the bottom of a hole.

IMHO.