Let's put this whole SGII thing into perspective!!!!!!!!!!!!!!!
Some of us here know that an announcement is due from the company,
sufficient to bring the share to 40 cents and possibly more. This
announcement is due now, but slightly delayed, for reasons that do
not have anything to do with "insider" knowledge or anything like that. If you were watching the company as closely as some of us do
you would learn what you need to know from the public domain!!!!
Historically, SGII has been a momentum play, and with good timing
we have watched it gooooooooo up and gooooooooodown (the offshore shorts at play).
After a few years of this fabulous but small profit taking, Savoca
suddenly has a company that is very very valuable, coming at a time when the US government actualy has a policy that "sponsors" their type
of business.
Now whether this company has suddenly become valuable again(was $250
at one stage...yes?) because of Savoca or the new directors, there
is certainly evidence of an emerging BOARDROOM BATTLE, between
him and his colleagues if the OUTLANDISH and completely emotional
outburst here yesterday is to be believed (which did more good than the writer realises or intended even if the short term effect was indeed "short")Super I bought at 16...yyuuummmmiiiieeee!
YYYYYYYYYYYIIIIIIIIIIIPPPPPPPPPPPPPPPEEEEEEEEEEEEEEEEEE!!!!
We actually own (me-100000 shares and more yesterday) in a company
that "someone is prepared to fight over", and there is no doubt that
the new boys are determined to make the company EARN REVENUE to
make the company pay its way, while implementing its major
gameplan, rather than bleeding cash all over the joint!!!
MOST IMPORTANTLY, what people forget about the JAPANESE is that
they never get in bed for the short haul. They will stay in
businesses all over the world until competition gives up and
they end up in complete control...some economists here will support
this ststement.... and SGII has a unique business that meets the Japs
criteria to a tee and the prospect of being the exclusive worldwide
owners of a potentially massive resource recycling technology.
BUT FIRST THE SGII BALANCE SHEET HAS TO BE CLEANED UP and the
company has to start making SOME money to pay its bills.
So the BOARDROOM BATTLE to which yesterdays outburst alluded, is
all about whether they can start selling their "sensor" technology,
and more importantly "Who runs this company??"(the BOARD) followed by"Who owns this company" (Mitsubishi).
Cant you see guys, we're on a winner here. Let them fight it out among
themselves but I am voting(if I get the chance) for the MONEY,
because that's what it'll take to make this happen, and it would be
nice to see revenue along the way.
Savoca would'nt be the first to have had his chance and finally cede
control to interests that can do the job better...one thing about
the japs, they are generous with their(parting) gifts.
BUY SGII NOW!!!....IMHO...CAVEAT EMPTOR....big dogs fighting for
our bones....yiiiiippppppeeeeee!!!Woof!Woof!
OOOPs! Did I just drop something embarrassing in my pants???
The IrishSlapHappieJappieInHisCrapHappieNappie!!!!!
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