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 : Syncronys Softcorp (SYCR)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dorothy Simpson who wrote (623)1/26/1997 1:03:00 PM
From: Pluvia   of 30240
 
Dorothy,

Two points I think you missed here. You said:

<<Nothing was included (in depth as in posts that others have copied here) about the recall and lawsuit resolution anticipated this coming Monday, for which insurance will cover.>>

1. Although settlement of the lawsuit is covered by insurance, (two insurance companies) one of the insurance companies is turning around and suing SYCR claiming the act was outside the coverage they supplied. Likely due to a claim by the insurance that the act was willful negligence.

You also said:

<<Since insiders have the bulk of the shares, it seems somewhat llogical that they would not be doubly careful with the new programs.>>

2. You may have been misled by incorrect posts from Bryan Buck and others regarding the number of shares outstanding, the float and officer director's ownership. I suggest you check this out closely yourself before getting too giddy.

Cheers Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext