Posted On: 08/18/2013 7:40:12 AM
Post# of 36729
As you guys may have by now gathered, I'm firmly of the belief that we require great fins with multiple millions of collected cash (not just AR) to move up. I also believe that should we get that, we will move up QUICKLY. I believe collected revenues of 2.5-5 mill incorporated into a detailed and believable financial statement will easily act as a catalyst for parabolic upward price movement. Should the fins prove dissapointing, I for one will probably vacate my position, but I doubt the stock will drop as quickly or dramatically as one might expect, simply because it seems to have bottomed out and mostly the wild-eyed, crazy longs like many of us on this board are holding, and most won't panic sell on bad fins (although I reiterate, I personally might).
The news on Friday was very interesting. I have not been able to find definitive proof that Sovereign International Inc. is related to Sovereign Wellness Center (has anyone else?) but this acquisition could prove to be pretty juicy. I am very much looking forward to seeing what other acquisitions and LOI's have been initiated. This company for all its faults, stays highly intriguing and if legitimate, will prove to be a veritable goldmine. Market cap of ~ 4 Mill is absolutely ludicrously low if they've been telling the truth. I fully expect a rapid escalation to 50 mill if financials are good, with possible upside to the 250-500 mill range in the short term.
SKTO remains my most profitable and exciting gamble of my life thus far, and hopefully will soon begin another strong upward move, defying bashers, schmucks and naysayers.
Make it Rain!
The news on Friday was very interesting. I have not been able to find definitive proof that Sovereign International Inc. is related to Sovereign Wellness Center (has anyone else?) but this acquisition could prove to be pretty juicy. I am very much looking forward to seeing what other acquisitions and LOI's have been initiated. This company for all its faults, stays highly intriguing and if legitimate, will prove to be a veritable goldmine. Market cap of ~ 4 Mill is absolutely ludicrously low if they've been telling the truth. I fully expect a rapid escalation to 50 mill if financials are good, with possible upside to the 250-500 mill range in the short term.
SKTO remains my most profitable and exciting gamble of my life thus far, and hopefully will soon begin another strong upward move, defying bashers, schmucks and naysayers.
Make it Rain!
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