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Ann: Appointment of Independent Non-Executive Director, page-144

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dariusgear

87 Posts.

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09/12/18

09:02

Post #: 36796648
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Originally posted by ape_of_god: ↑

I'm sure over the last two years SAS has had finding an institutional investor in the back of their minds. If it was going to happen it would have been a lot sooner. Now it's almost crunch time and they shifted directors around to see what gold rabbits they can pull out of their hats last minute. It really seems like a flop to me behind all the smoke and mirrors regarding funding. I haven't considered a CR to be done at a premium price but as you said, it's rare and personally I'm not entertaining the concept.

What the Everblu report predicts (one sponsored by SAS) is subject to change. I think that report is a blueprint of a game-plan of how SAS wants things to go. The unfortunate truth of reality is things do not go as anticipated as recently highlighted by the delayed launch of the Pearls and also the delayed revenue from the diamonds. The report holds mild credibility in the course of events and little to none with its SP prediction.

I think everyone playing in the stock market is adult enough to make their own decisions based on information available. An individual's sentiment seems trivial and should be irrelevant. More so, the focus should be on content shared and logistics.

I like how sure you are Hunter but that has failed you in the past. I remember there were some great memes shared about Mitch-what's-his-face missing the boat. Turns out he didn't miss it. It ended up being a matter of having to average down as we have had to so many times in the past. Why is this time any different? Is it because we have two new directors trying to find funds for the exact same project? You have been saying to get in 'Now' for as long as I have followed this forum. Where is the bottom of this 'Now' downfall?

Regarding what Brett said to you or anyone, I view him as an individual with no credibility. To go off your 'could be' scenarios there's some valid points but all of which are a gamble. This spec stock isn't guaranteed unless funding is achieved. If that funding occurs in an adequate format this will fly. Those that get in after a positive announcement will still profit majorly. If that announcement doesn't come those invested currently are screwed. That's why I'm of the opinion it's better to wait and make a smaller profit than potentially lose it all.

For both our sakes I'm hoping some magic happens but I'm just a bit more pessimistic when it comes to the F word that has disappointed me in the past.

Expand

Originally posted by ape_of_god: ↑

I'm sure over the last two years SAS has had finding an institutional investor in the back of their minds. If it was going to happen it would have been a lot sooner. Now it's almost crunch time and they shifted directors around to see what gold rabbits they can pull out of their hats last minute. It really seems like a flop to me behind all the smoke and mirrors regarding funding. I haven't considered a CR to be done at a premium price but as you said, it's rare and personally I'm not entertaining the concept.

What the Everblu report predicts (one sponsored by SAS) is subject to change. I think that report is a blueprint of a game-plan of how SAS wants things to go. The unfortunate truth of reality is things do not go as anticipated as recently highlighted by the delayed launch of the Pearls and also the delayed revenue from the diamonds. The report holds mild credibility in the course of events and little to none with its SP prediction.

I think everyone playing in the stock market is adult enough to make their own decisions based on information available. An individual's sentiment seems trivial and should be irrelevant. More so, the focus should be on content shared and logistics.

I like how sure you are Hunter but that has failed you in the past. I remember there were some great memes shared about Mitch-what's-his-face missing the boat. Turns out he didn't miss it. It ended up being a matter of having to average down as we have had to so many times in the past. Why is this time any different? Is it because we have two new directors trying to find funds for the exact same project? You have been saying to get in 'Now' for as long as I have followed this forum. Where is the bottom of this 'Now' downfall?

Regarding what Brett said to you or anyone, I view him as an individual with no credibility. To go off your 'could be' scenarios there's some valid points but all of which are a gamble. This spec stock isn't guaranteed unless funding is achieved. If that funding occurs in an adequate format this will fly. Those that get in after a positive announcement will still profit majorly. If that announcement doesn't come those invested currently are screwed. That's why I'm of the opinion it's better to wait and make a smaller profit than potentially lose it all.

For both our sakes I'm hoping some magic happens but I'm just a bit more pessimistic when it comes to the F word that has disappointed me in the past.

Expand

Thanks Ape. This is the most diplomatic of the alternate views and one that the SAS bulls need to balance their outlook. It is important to assess the potential of SAS into the future with the balanced view of consequences. Failures of companies are always due to instances of unknowns that occur. We can be blindsided. I have experienced this myself so many times in investing in small companies with potential. Management or directors will say the minor issue they see on the horizon ends up being the elephant in the room which stops the company form succeeding. Kind of a snowball effect the management team sometimes sees before investors but we are the last to know and the most affected. I am definitely an SAS bull and see huge potential. I am, however, constantly looking out for implications of doom. They are not easy to spot at this time. So, those that have the alternate view are welcome on this forum as far as I am concerned. If only to keep our perspective balanced and not overly optimistic, which I am sure most SAS groupies on here are overly optimistic.

SAS Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
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