I wrote to the company hoping to reach GC, below are my questions and following the questions is the answer. Make of this what you will, I believe the reply is wildly inaccurate, but it's easier to write than pulling back the curtain and telling shareholders what's actually going on.
Message
Mr. Coates,
I hope this message finds you in good health and spirits. I am writing to you in hopes of finding some clarification on a few concerns. While I expect you are too busy to reply to individual messages I would hope you could include answers to these questions in your next shareholder update.
1. Given that Secure Supplies is, by all appearances, a relatively new company run by a man who not long ago was a teacher, where does the $400,000,000 value come from?
2. Given the need for consistent dillutive financing, does the company have any concrete intentions to buy back stock in order to increase the value of the company and shareholder value?
3. What do you say to those who state that every PR is a slight variation from prior PR's that have resulted in $0 sales and are coincidentally timed with Form 4's?
4. Is Jack Perkowski still part of the China team? Is he working with Nick K. to source working capital or is he working on closing deals that will generate revenue?
5. Regarding Renown Power, can the $500,000 good faith deposit be used in lieu of additional toxic financing? Are there any updates to the local Chinese government or 6th largest Chinese manufacturing company contracts?
6. Finally, realistically when do you expect to begin generating revenues that will positively impact the bottom line and shareholder value?
Thanks for your time,
Reply
Hi Xxxxxx, All of your questions are for inside information, Is against SEC rules.
Message
Mr. Coates,
I hope this message finds you in good health and spirits. I am writing to you in hopes of finding some clarification on a few concerns. While I expect you are too busy to reply to individual messages I would hope you could include answers to these questions in your next shareholder update.
1. Given that Secure Supplies is, by all appearances, a relatively new company run by a man who not long ago was a teacher, where does the $400,000,000 value come from?
2. Given the need for consistent dillutive financing, does the company have any concrete intentions to buy back stock in order to increase the value of the company and shareholder value?
3. What do you say to those who state that every PR is a slight variation from prior PR's that have resulted in $0 sales and are coincidentally timed with Form 4's?
4. Is Jack Perkowski still part of the China team? Is he working with Nick K. to source working capital or is he working on closing deals that will generate revenue?
5. Regarding Renown Power, can the $500,000 good faith deposit be used in lieu of additional toxic financing? Are there any updates to the local Chinese government or 6th largest Chinese manufacturing company contracts?
6. Finally, realistically when do you expect to begin generating revenues that will positively impact the bottom line and shareholder value?
Thanks for your time,
Reply
Hi Xxxxxx, All of your questions are for inside information, Is against SEC rules.
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