Have a new one for you guys, and this could be explosive. SEGI at .016.
11.7 M confirmed float, which is 100% tied up, however CSTI is short at least 10 m shares. Has increasing volume the last two days, this could be a powde rkeg.
Guy on IHUB rylawi is an honest poster who just posted a screen shot showing he owns close to 7 million out of the 11 million share float. I have around 400 k so far, will get up to 1.5-2 M. Another guy has has 1,400,000. I think cautionhead had a million or so more. Just really looks to me like CSTI shorted around 8-10 million shares of SEGI. Everyone has seen CSTI like a plague on most ihub runners shorting into the runs. I know MMRF CEO went after them and filed an 8K about their shorting BS and trying to knock out all the bids to trigger people's stop losses so they can scoop up a ton of shares when they cause the bottom to fall out.
Rainmaker Report for SEGI: Payback time for MM CSTI the shorter, finally trapped in the wrong short...
SEGI: Market Maker CSTI caught very short...People who know how to think things through for themselves only need apply:
How could market maker CSTI have traded 11 million shares of CSTI in October and November when the float is only 11 million shares and this guy bought almost 8 million shares? Only possible answer is CSTI shorted/sold 11 million phantom shares. JMHO! The company also updated their fact sheet on 12/10 float still 11 million.
Just an FYI, myself and a few others I know have bought a lot more than the 4 million left in the float. CSTI appears to have gotten himself caught short 10 million plus shares of a new merger stock with a float of 11 million and a Street smart CEO who claims he knows how to squeeze a short.
cautionupahead Member Profile cautionupahead Member Friday, December 17, 2010 5:35:58 PM
Re: Backdraft4u post# 418 Post # of 436
The CEO told me a couple of months ago that he knows how to make the shorts cover. He said what many CEOs don't know is that their companies are trading on foreign exchanges, which is where a big part of the problem occurs, he knew much more than I can explain, info about the DTC and such.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57910411
http://www.otcbb.com/asp/tradeact_m...volume&Month=11-1-2010&IMAGE1.x=25&IMAGE1.y=2
http://www.otcmarkets.com/stock/SEGI/company-info
This shows 2 positions of SEGI that I have:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57855012
Post by Rylawi showing he owns 7 million shares of the float.
rylawi Member Profile rylawi Member Level Share Thursday, December 16, 2010 2:59:52 PM
Re: None Post # of 436
Here are my holdings of SEGI. If the 11.7 Million share float is true, the float is locked up.
One position shows 3,350,000 shares and the 2nd position shows shares I transfered to Zecco at a total of 3,650,000
Total 7,000,000 shares of SEGI.
The company updated the share numbers on pinksheets on November 29th.
http://www.otcmarkets.com/stock/SEGI/company-info
Share Structure
Market Value $1,833,000 a/o Dec 15, 2010
Shares Outstanding 141,000,000 a/o Nov 29, 2010
Float 11,700,000 a/o Nov 29, 2010
Authorized Shares 750,000,000 a/o Nov 29, 2010
The company also updated their fact sheet on 12/10/2010:
http://www.sycamoreentertainment.com/pdf/SEG_Fact_Sheet.pdf
https://spreadsheets.google.com/ccc?key=0AvSzcpIn15KMdEVkTW53a3NUNnRseVZrOEFyYzlaR0E&hl=en#gid=18
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cautionupahead Member Profile cautionupahead Member Level Share Tuesday, November 30, 2010 8:59:17 PM
Re: None Post # of 436
I talked to the CEO,EDWARD SYLVAN, very nice guy. He knows more about the markets than anyone I have ever talked with. This is a one of a kind CEO for a penny play, most CEOs I talk to know all about their business but nothing about running a public company and the public markets, this guy is 100% the opposite, he will easily school you in how this game works. On top of that, he has merged with some players in the business. Basically Mr. Sylvan came in and merged with Sweet Spot productions.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56214584
Here's one article I found about them, both guys are principles here.
http://blog.digitalcontentproducer....ga-spots-promoting-latest-videogame-releases/
Quote:
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ABOUT SWEET SPOT PRODUCTIONS:
Don Scotti and Joe Takats bring decades of marketing, branding and promotional experience to their company, Sweet Spot Productions. In 2007, the duo was nominated for two Key Art Awards, for their marketing work behind the feature film “An American Haunting” and for After Dark Films’ “HorrorFest” film festival. This year, they won a Golden Trailer Award for Best Film Festival Trailer for “Horrorfest – 50’ Woman’. Before launching Sweet Spot, Scotti spent many years working at legendary trailer house Kaleidoscope Films Group, ultimately becoming that company’s Vice President, while Takats earlier served as Creative Director for Miramax Films, where he won four Key Art Awards.
Scotti and Takats have produced various promotional campaigns for a broad array of feature films as well as videogames, including “SEGA Superstars Tennis,” “Viking: Battle for Asgard,” “Mario & Sonic at the Olympic Games,” “Iron Man”, “The Golden Compass” and the main title treatment for “Highlander” for Eidos.
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this is a commercial they produced:
http://www.gametrailers.com/player/36096.html
Plus if you go to the companies website all those little boxes are projects they had something to do with(the boxes can be pressed)
http://www.sycamoreentertainment.com/index.php
then if you look at the bios you'll see Mike Doban, now he's the distribution guy, check out his resume:
MIKE DOBAN, COO, Theatrical Distribution
Michael has served as Director and Chief Operating Officer of our company since May 2010. From 1995 to present Mr. Doban has worked as an international cinema and film consultant specializing in all aspects of motion picture marketing and distribution. From 2003 to 2006, Mr. Doban was a co-founder of Freestyle Releasing a United States domestic theatrical distribution company. From 1992 to 1995 Mr. Doban also served as a Senior vice President for United Artist Theatres International and from 1982 to 1992 he served as Senior Vice President Film Programming for United Artist Theatres. We believe that Mr. Doban’s significant experience within the motion picture marketing industry, as well as his management skills and creative ability, support the conclusion that he should serve as one of our directors.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56838591
and this is basically what Sycamore Ent does:
Sycamore Entertainment is a full-service motion picture distribution entity and provides the entertainment industry with high quality services including:
•Acquiring films
•Creating marketing materials necessary for release into all formats, domestic and international; theatrical, television, home entertainment, internet and cellular phone, and all traditional non-theatrical markets.
•Publicity and public relations
•Placement of advertising; electronic and print
•Placement of in-theater marketing materials
•Theater booking services
•Exhibitor film rental negotiation and collections
•Film accounting service
•Television, home entertainment and all ancillary sales
•Full accounting service
You'll notice that not only can they distribute films but they can also do all the marketing, so even if they aren't the distributor on a film they can still make money by marketing films.
The current share structure is
141MM O/S
11.7MM Float
129.3MM Restricted
700MM A/S
The CEO says they have access to $75MM in P&A funds(off balance sheet), but they do need to get money for the advances for the film properties they plan to acquire, which will be done through convertible 2 year restricted shares at fair value and nowhere near current prices. They already have many deals on their plate, nothing finalized. The CEO will not talk outside of SEC rules, there will be no leaks or rumors, he is very clear on this, very much by the book and he knows the rules.
They are fully reporting with the SEC and plan to get onto the OTC soon, as they already qualify. They are in the process of changing the corp name.
http://www.sec.gov/cgi-bin/browse-e...exclude&Find=Find+Companies&action=getcompany
Here's their latest news releases
http://www.otcmarkets.com/stock/SEGI/news
http://www.sycamoreentertainment.com/pdf/SEG_Fact_Sheet.pdf
http://www.sycamoreentertainment.com/index.php