Ha! Ha! Ha! I couldn't help laughing out loud reading Mark's previous post!
From the beginning of time, St. Mark has beseeched all ye sinners to cleave unto SYSF and all will be forgiven, but ye have chosen to ignore the word of Mark (12:41-44), who has been courageously battling good over evil. The wages of sin is financial death, but after you are done paying taxes, all that is left is a tired feeling...
Now the long and the short of it...
I had been to the Special Meeting of SYSF stockholders on Tuesday, 30 July, when they approved the number of authorized shares from 30M to 90M with no fuss, no muss. There were barely 8 of us in the room, so this was a quiet ceremony (unlike the annual meeting) that got over in 15 minutes. Here is what I learned...
1. Remember they moved to a bigger building? Well, the building problem is back again. They have used up all available space. The obvious solution is to get more space, but you didn't hear it from me! I still think renting buildings to SYSF is going to be good 2nd choice to owning their stock.
2. We should expect to see a good fourth quarter. (Of course, no numbers were released!)
I sure hope lots of people have shorted the stock. I am trading in my pilot's suit for a space suit (custom tailred) to ride SYSF to the next galaxy.
ajai |
