SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : SMY - SAMSys Technologies Inc
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Montana Wildhack who wrote (65)10/31/2001 7:17:11 PM
From: Montana Wildhack  Read Replies (1) of 342
 
SMY pulled back the placement as predicted.

This was post Sept 11 and while it was the suggested
25% dilution that pulled it down, it will need something
more than its withdrawal to push it back up.

I understand that things are still progressing with the
testing among the clients and this was not expected to
result in real sales until very late 01 and more likely
early 02.

I suspect SMY is learning that these large companies
also have a lot of politics going on and that doesn't
seem to be Cliff Horowitz's style. He just likes to
get things done.

I wouldn't be suprised to see SMY enter into a relationship
with a new party in addition to its ongoing activities
with International Paper.

I believe we'll see similar numbers to the last quarter
with slightly higher revenue. This is really just
reimbursement of expenses related to SMY/IP activity
paid for by IP.

It'll take news to move us out of this range and my
suspicion is the first announcement will be a Revlon
contract which was proceeding well and was apparently
further along.

Any decent sized contract (and all the testing is with
fortune 50 companies) should propel this back above
its previous 2.50-3.50 range.

I recommend everyone do their own research before buying
or selling.

Wolf

(Hi Jim)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News