STRATEGIC SOLUT (Nasdaq:SSGI) Message Board

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Microcap & Penny Stocks : STRATEGIC SOLUT (Nasdaq:SSGI)

SSGI 0.0250

-37.5%

Nov 1 5:00 PM EST

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To: BlueCheap who wrote (275)	10/29/1998 11:30:00 AM
From: Provocateur	Read Replies (1) of 388

Malcolm, The Reg D guy is limited by a dollar amount, not by a number of shares. So it is in his interest to bring the price down by dumping shares into the market and then converting more shares. The lower the price, the more share he can convert, the more money he can make. If you look back, the price has been lower than where we are right now. He just takes what he has converted and sells them for a % mark-up. So he is definitely making money. Anyone who buys shares is paying his markup. So he is definitely making money. Taking him out is necessary before any merger can move forward. But SSGI needs to secure financing to do that. Also, it is not in their interest to do any PRs at this point. The more volume, the more he can convert, the more diluted the float gets. They need to pay him off first. IMO, with the properly worded news release finalizing the merger/securing financing and a clearing out of this Reg D guy, this stock should easily bounce back to the 3/8 x 1/2 territory. It all depends on whether Cadigan can pull this deal off. Will keep you posted. Prov

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