RE:Be ready for a long halt...graphiteguy93 wrote: Think about what is happening out there people... SJL has a history of putting out News Releases that hold about as much water as a sieve. Unfortunately thats not much.
Now they put out another blockbuster announcement... Dr. Z Chen has decided to sell his company to SJL, a company with no value for 20,000,000 shares. Does that make any sense? This would give him per the announcement $1.2M and a board seat. HMMMM... What does SJL get for that? Was it announced? Also think about it... They tried this with Process Ortech... Didn't work then... They tried it with others too... MinMet is another that comes to mind.
So with everything that the company has been through with the ASC/OSC its no wonder why the halt is so long. IMHO it takes a while to get through the stink of it all to see if its even real...
Sorry Bill but a lot of us are once bitten twice shy and more.
Very well said, GG. WE wait I see what happends, if this time things are going to be any different. Ortech was a complete bust, which happy nothing happened of it.
Just looking at premarket bids of 1 million + at 10.5 cents; seems like the would-be buyers have high expectations for good things.
HR