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Post by dan27 on Mar 17, 2016 1:02:14 GMT
Scuderi has recently called in all shares from outside clubs. Now i can't say what exactly this means for us, but here are two possibilities. The first is they have completed enough funding to issue an ipo shortly and want all original shares (us)in the company to be accounted for. The second is they might have given up and are selling their patents to a high bidder and will leave the scene for good. This doesn't necessarily mean we as investors are left out. On the other hand i can't say where that leaves us exactly. If they are selling the company the family would receive a buyout price. A pretty good one i would imagine and our shares would transfer to the new owners. If this is what takes place it could be great since whoever might be buying has the financial clout to take the company to the next level. For me i do hope its good news and our ipo is finally forth coming. I can't speak for anyone else so what do you think? What does this share allocating mean to you? I had my shares in an outside club so that's how i know this.
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Post by dan27 on Mar 17, 2016 1:54:37 GMT
I believe carguy was the first to bring this info to light on 3-5. Address updates and such. Good job..
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Post by vroom on Mar 17, 2016 2:22:15 GMT
If that has happened, I have not been told a thing about it.
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Post by dan27 on Mar 17, 2016 4:49:56 GMT
If u own shares with an outside club u need to call them. If u don't, then a phone call isn't necessary. Pretty simple...
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Post by vroom on Mar 17, 2016 9:56:51 GMT
He had no idea about this. Not sure what calling the shares back means. Do you mean that they are exchanging club interests for direct interest in the company?
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Post by vroom on Mar 17, 2016 12:16:56 GMT
In any case. Info flow for SG remains without precedent and bizarre by any measure.
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Post by dan27 on Mar 17, 2016 15:15:20 GMT
Please reread my post again. Read what is says.
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Post by dan27 on Mar 17, 2016 15:34:21 GMT
Carguy wrote on 3-5 about fees, address updates, and shares. I thought it had to do with what i posted. Guess i was mistaken. Outside clubs are asking for same info. Call your clubs. As far as what share allocation means. I don't know for certain and say so in my past post. I give two opinions, or idea's as to what it might mean for investors. I ask for other opinions and idea's. It can't be plainer. Yet still i'm asked what share allocation means. Just reread my post and call your club.
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Post by dan27 on Mar 17, 2016 18:27:59 GMT
Read my post..
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Post by techdude on Mar 17, 2016 19:26:41 GMT
Dan, Respectfully, Your not clear in the original post. You first say. "Scuderi has recently called in all shares from outside clubs." What does, "Called in all shares", mean? Does it mean they are taking them back. Second you ask a question. "What does this share allocating mean to you?" Yet you never referenced or talked about share allocating earlier in the post and I have not seen either of these mentioned anywhere else in prior posts. Please elaborate. Thnx ~J |
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Post by jeremynh on Mar 17, 2016 19:27:20 GMT
In this case, no news is another day passed toward the statute of limitations. This is exactly what they intend to do! I also want to apologize for a typo in my recent post. I meant prison, not person! |
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Post by dan27 on Mar 17, 2016 21:39:29 GMT
If your unable to understand my post then i'm very very sorry i can't help you. What i said is plain and simple. What do you mean prior posts? I don't get your meaning. Is it i should have mentioned share allocating days or weeks before? And i'm just asking anyone who cares to give their opinion on what would share allocating mean to them in general. What's the problem? I can only add that my club leader has told its members that Scuderi is taking in all outside club shares and our club will no longer function. If other outside clubs continue on then I'm mistaken on that which i mentioned to carguy. The entire post is very easy to understand. Your post is puzzling. Mine is quite clear i believe. If you think otherwise fine and dandy..Thank you...
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Post by dan27 on Mar 17, 2016 21:43:07 GMT
Oh..! i forgot.. A very happy Saint Patrick day to everyone..
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Post by vroom on Mar 17, 2016 22:10:17 GMT
Dan, it sounds like your club is collapsing. In that case, will scuderi be issuing you shares directly so that there is evidence of your ownership?
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Post by dan27 on Mar 17, 2016 23:32:15 GMT
Worthless speculation? Yes, of course, I was only giving an opinion on what share consolidation within Scuderi might hold for investors and i stated this in my original post. Speculation is worthless, but an educated guess is fun. That's what i said in my post and asked anyone else who cared to share their own thoughts on the matter. By all means, reach out to your club and find out anything you can. I just couldn't understand all the hub bub. My post was very clear to begin with. I would like to think of this as a positive development and i do. Ok, gotta go check my b ball brackets....
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