Here is a post from Ihub which I like very much.
Post# of 287
Replies (13) | Next 10 | Previous | Next
himotephe Member Profile
himotephe
Followed By 22
Posts 750
Boards Moderated 0
Alias Born 06/17/10
Solanbridge Group, I (SLNX)
0.0056 ◊ 0.0 (0.00%)
Volume: 4,868,600 @ 11:46:43 AM ET
Bid Ask Day's Range
0.0056 0.0057 0.0048 - 0.0057
SLNX Detailed Quote Wiki
1D
1M
2M
3M
6M
1Y
2Y
3Y
5Y
Solanbridge Group Inc Announces 500 Million Common Stock Share Reduction "PR Newswire (US)" - 5/15/2014 2:01:00 PM
Solanbridge Group Inc Announces LOI with Germain Paul and Associates and First Halifax Financial Corp "PR Newswire (US)" - 5/12/2014 8:45:00 AM
Solanbridge Group Inc Announces Acquisition of Tasty Greenz and 500 Million Share Reduction "PR Newswire (US)" - 5/8/2014 9:20:00 AM
Solanbridge Group Inc. Finalizing Acquisition of Colorado Medical Marijuana Product Producer "PR Newswire (US)" - 5/5/2014 6:11:00 AM
Solanbridge Group Inc. Announces the Change in Share Structure of the Company "Business Wire" - 4/24/2014 12:18:00 PM
Supplemental Information "OTC Markets" - 8/27/2013 2:51:57 PM
Supplemental Information "OTC Markets" - 8/27/2013 2:10:28 PM
Supplemental Information "OTC Markets" - 8/27/2013 2:09:46 PM
Supplemental Information "OTC Markets" - 8/27/2013 2:09:08 PM
Supplemental Information "OTC Markets" - 8/27/2013 9:43:44 AM
Supplemental Information "OTC Markets" - 8/26/2013 11:11:17 AM
Supplemental Information "OTC Markets" - 8/26/2013 10:36:40 AM
Supplemental Information "OTC Markets" - 8/26/2013 10:35:32 AM
Supplemental Information "OTC Markets" - 8/26/2013 10:34:21 AM
Supplemental Information "OTC Markets" - 8/26/2013 10:33:36 AM
Supplemental Information "OTC Markets" - 8/26/2013 10:32:48 AM
Supplemental Information "OTC Markets" - 8/26/2013 10:31:25 AM
Solanbridge Group, Inc's Subsidary David's Steak And Seafood Earns 2013 TripAdvisor Certificate Of Excellence "PR Newswire (US)" - 6/11/2013 10:55:00 AM
Solanbridge Group, Inc's Subsidary David's Steak And Seafood Earns 2013 TripAdvisor Certificate Of Excellence "OTC Markets" - 6/11/2013 10:55:00 AM
Solanbridge Group, Inc. Finalizes Purchase and Starts Renovations On its New Restaurant "PR Newswire (US)" - 5/30/2013 10:02:00 AM
Solanbridge Group, Inc. Finalizes Purchase and Starts Renovations On its New Restaurant "OTC Markets" - 5/30/2013 10:02:00 AM
Tier Change "OTC Markets" - 5/28/2013
himotephe Tuesday, 05/27/14 09:26:10 AM
Re: None
Post # of 20349
Good morning SLNX! I had a meet and greet with Mr. Shirley last Friday afternoon at Starbucks. I took the opportunity to bring up some questions and comments that appeared here and in my email to get some clarifications while also getting a better feel of the company direction. Before I begin, I did sign an NDA so there are certain things I cannot go into. Please do not PM me with the "pinky" swear requesting I provide tidbits.
A/S v. OS: Mr. Shirley stated very clearly there is no dilution and that it seems to him that certain folks either have no idea or just want to nitpick over A/S and O/S. For clarity's sake, the A/S is just the ceiling that the company has to issue shares SHOULD the need arise. What matters is the O/S as that is the physical shares currently available. The A/S has zero bearing. I did suggest that the A/S be reduced to 2.5B to 3B as it would show less of a need to have a high ceiling even if the pps isn't affected by it. Per Mr. Shirley, the A/S reduction is on the table of things to be done.
Filings and numbers: This is another area where it seems to him that folks are misinterpreting or are being obtuse about. Per Mr. Shirley, 10-Q numbers have an SEC requirement. That requirement is whatever the numbers are on the last day of the quarter, which was March 31st. It doesn't matter what the numbers 3 weeks after that point, or even today, it simply matters at end of quarter. He also said once the Q gets filed there is a process involved before everything filters down and includes the TA. TA is not gagged and nor will they be. He wishes to remind everyone that the folks on his staff, him included, do get paid with shares and everybody that has a 10%+ stake in the company are required to have their shares restricted with a time frame of 1 year. After that it becomes tradeable.
Dr. Cullen: Another area I brought up as it appears some folks don't understand the expired license part and I asked for more clarity. Dr. Cullen is "retired" from practicing medicine. He did not opt for "retired but still active" status. He has no contact with patients. Each state has certain requirements to maintain an active license. Those requirements are number of hours, malpractice insurance, continuing education, and a couple of other things. That has a cost. Doesn't make any sense for a fully retired doctor to maintain those things at a heavy cost if he isn't going to practice medicine. Mr. Cullen has chosen the path of being an entrepreneur and inventor and is very happy with that. The license expiration has no bearing on what he does currently.
Company Direction: I cannot go into detail about the plans so I will only say this: Stay motivated, stay excited. Mr. Shirley brought SulfCo from .0005 to $7 a share some time ago. That was Mr. Cullen's old company.
Have a great trading day. Oh, and if anyone here has met him, I did shoot a mod a picture as proof and Mr. Shirley loves coffee. Black, no sugar, no cream, and he carries a min. of 6 Starbucks cards on him (yes he paid for me).