Copy of La Guardia GFS post from RagingBull:
From La Guardia GFS, twotrades.com :
In response to recent post on this thread, we offer the following comments:
1) Regarding 144 notice of intent to sell 75k shares of SETO stock, we have sold approx. 19k shares over the past 60 days. We were under contract with SETO for a period of one year, beginning in March, 1999. Our original Agreement with SETO was for 150k shares, but Mr. Pian felt that we had not performed up to par, and we negotiated down to 75k shares. This is compensation for work already done, not work being done currently. Without a contract, and without compensation, we have continued to promote SETO (although not as aggressively as our paying clients) by leaving them on our web site, twotrades.com , sending out all SETO Press via our e-mail client base, and keeping in touch with Tom Fisher @ SETO so that we can inform our network of investors on SETO's progress. We agree that SETO needs more exposure, and we have presented Mr. Pian with two proposals to assist in this process. To our knowledge, SETO has not expressed any interest in additional investor relations and/or promotional services from La Guardia GFS.
2) Regarding the recent 10QSB filing, we feel that this continues to edify the business plan set forth by SETO over two years ago, and shows REAL growth in numbers, both on the revenue and profit side of the equation. Gene has been successful in negotiating a number of strong acquisitions and JV's, specifically on the Pacific Rim, which over the next 12 months will prove their worth. Unfortunately, the timing on the street is not the best, with avg. volume on the OTC down DRAMATICALLY over the past 90 days, and allot of tech stocks taking everything from minor slaps to complete arse kickings. We feel that SETO will continue to grow, and as the bottom line begins to soar as the top line has over the past 6 months, this company and its shareholders will reap incredible benefits.
When we started with SETO 15 short months ago, their stock was trading @ $0.35/share. With an avg. monthly climb of 31% for a total gain of 473%, we KNOW we have picked a winner. In a recent poll of our top 10 clients, including shares held directly by La Guardia GFS, we have found that collectively our group holds in excess of 850k shares of common stock in SETO with an average basis of $0.73/share. I think these numbers speak for themselves.
We have been more than pleased with our relationship, and as we have told Gene in the past, we are MORE than ready to go back to work, full steam, for SETO, and willing to do so at a DEEP discount against our current fee structure. Regardless, we will continue to support SETO in their business, and provide our clients with the best information available, as SETO continues to grow to new heights.
We leave you with these words from Jean Jacques Rousseau - "Patience is bitter, but its fruit is SWEET!"
If you have any questions or comments regarding this post, please feel free to contact us: 888-577-6898 or investor_relations@TwoTrades.com .
To join our e-mail list simply send a blank e-mail to: join-twotrades@sonic.sparklist.com or go to our web site: twotrades.com and input your e-mail address under the "Join our List" tab on the left hand side of the home page.
Sincerely,
Investor Relations
La Guardia GFS, S.C.
Business Development & Investor Relations
888-577-6898
twotrades.com |
