RE: Waiting...SEGB going from .30 cents up to $2.70 is pretty good interest imo. The merge hasn't gone through yet, Sun Media hasn't merged it's assets with SE Global so how can you expect them to promote the company?
You failed to address my question about 2.5 million warrants being exercised, would you want those shares to hit the market and drive the price down, further dilute CPT and it's eps?
Do you have any idea of the implications the merge will have on SEGB and CPT? I can guess and speculate but really until the merge happens and we see what Sun Media has planned it's a sit back and wait approach. I've posted on other USA boards about SEGB, a lot of people say that they don't like reverse splits and about 90% of them tend to drop in price after the split. The OTC board also has a lousy reputation, many investors won't even touch a stock listed on that exchange. I've also gotten some warnings from other posters telling other potential investors, "I would be careful when investing in SEGB, why would a company with only 17.5 million shares and a low float do a reverse split?" If the deal were to fall through SEGB would go back to .30 cents do you not agree?
If you think it's such a great deal how many shares have you bought of SEGB after the announcement, according to your posts you haven't bought any, why is that? Don't you have the same hesitations that everyone else has? Personally my average is $2.28 on SEGB.
Well since this merger, and for the past month or so, CPT has been the "big" buyer of SEGB shares (handful here or there) only to cross 50K of them the other day to someone else... How many shares does Toby own in SEGB?
What's wrong with crossing 100K (there were two txn's at 50K each) in shares to someone else that wants a position, isn't that the kind of interest that you were looking for?
I don't see the relevance of how many shares of SEGB Toby owns. CPT owns enough and Toby owns enough CPT shares.
2 Days until the merge but I'm more interested to see what NR's come out from Sun Media after the merge, that will trigger the interest if there is going to be any.
Not sure if you follow other stocks or not but the market hasn't been the greatest this month and CPT has held up quite well considering we haven't heard anything, there has been good support in this range.
Cheers