capital reduction a fait accompli

Hi all,

For anyone thinking that a quick 50% turn on a min 0.001
to 0.002 SBN trade might like to consider that there appear three possible outcomes now for SBN-:

1. They run out of money and are delisted

2. A business is backdoor listed into the shell resulting in a significant capital reduction but historically, this process has never been all that financially kind to shareholders as the vendor usually screws existing shareholders to the sub floor!!!!

3. SBN bides its time until markets return to the good times when every Tom, Dick and Harriet will be looking for listings to make a quick buck although the ultimate outcome may not be all that dissimilar to 1.

If I was having a bet here, the latter is probably the more likely.

For those still in, good luck. I digress, the very best regards to all the old gang if you are still in and around playing the market. I sort of miss the banter and of course daggers that were freely exchanged between the SBN faithful and the SBN contrarians who clearly have their place providing that all important balance. Special greetings to Dirty Harry aka Sicily who was always one of my all time favs.