posted
I changed my mind. 8 million shares of SSTY total..... ENOUGH!
This is sorta like jumping out of an airplane with half a parachute. Is it worth the risk, you ask? ABSOLUTELY! Been a risk taker all my life and have made it this far. Why stop now?
C'MON SSTY!!! Bring daddy home some EXTRA FAT bacon!
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
I'm thinking about taking another risk to get to 10 million. I feel that .02 or .03 is a reasonable starting point after the final paperwork for the accuisitation. So another 11,000 should get me to 10 million. I think the rewards far out way the risk.
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posted
Kane..... You're just as crazy as I am then! Welcome to the SSTY funny farm! It's gonna be quite a RIDE all the way to Jupiter and back! I just got back not too long ago.....
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Over here, SSTY closed at 0.0018 for 230,000 shares at 3:56 PM.
THEN, another late tranaction took place at 4PM for half a million shares for the price of.....
$0.018 for an 800% gain!
But of course, I just won't allow myself to believe that was a "real" transaction. Just a big tease to end the day with. A big ass SPIKE. Tomorrow, everything will be back to normal. Nice to see though.....
Going NUTS!
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
this sucks, i feel like im going to lose my entire investment at this point... reading all the nay-sayers' posts. i hope this is the calm before the storm. since i am in this for the "long run" im not all that worried. i still have faith in SureTrace. even if the price reaches 0.0001, that wont even shake my confidence.
the only way this company will not make it, is if they're just spitting out 100% bogus information all of the time, making video hoaks upon video hoaks, and basically lying to every human being that's even partially related to this thing. it's unerstandable that obstacles pop up that they hadn't anticipated which would cause delays and yes, further dilution before TPiD-US (if that is indeed what is happening). but whatever, i gotta go to class.
Wow it took me over an hour to read all the posts from yesterday. Nybul, thanks for the good dd. IPR protection is necessary for China to stay a mamber of the WTO and it certainly looks like mid march everything will come together. This will be at the same time we start trading tpid usa on a higher exchange. There are many exciting things to come after March 16th. Here is a preview of things to come in late March, April and May.
1. Shell company acquisition completed. 2. TPID-USA trades on the otcbb. 3. New CEO and management team in place. 4. Brand 315 and member companies approve 2 bil label test. 5. More contracts coming from Brand 315 member companies. 6. Scanners installed in major supermarkets in China. 7. Update on auto parts distributor contract (GM parts). 8. Update on The Palace Musuem contract. 9. Globe Staff GSC tracker contracts with French Police. 10. Globe Staff and Sensor Media labs opened in Beijing. 11. TPID Beijing Limited more offices opened in China. 12. Ministry of Commerce and Consumer journal sign sign agreement with Chinese Goverment for the use of s-dna in government documents, passports and licenses. 12. TPID-USA signs contracts with U.S manufacturers that import goods to China. 13. TPID-USA signs contracts with European manufacturers. 14. Globe Staff IPO in U.S. market, dividend of shares to be distributed to SSTY shareholders. 15. Steven Ching, SSTY and TPID-USA management attend ceremonies at the Splendor of China held in Philadelphia. 16. TPID-USA issues distributorship licenses in U.S. 17. TPID-USA issues distributorship licenses in Europe. 18. TPID-USA opens new offices and labs in the U.S. 19. TPID-USA opens new offices and labs in Europe. 20. TPID-USA stock releases earnings report. !!!!!!!
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What does, "This will at the same time we start trading TPID-USA on a higher exchange" mean???
Will TPID-USA be a whole different company that will be completely be separated from SSTY so we'll need to fork out additional money to invest into it, OR will our existing shares mean we would ALREADY own a piece of TPID-USA so therefore we need to do nothing???
STILL A VERY CONFUSING AQUISITION
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Anybody have an answer or opinion with the question above, please let know. SSTY is making me have mini-heart attacks but it's well worth it if I don't have a massive one.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
quote:Originally posted by DWE: databig or anybody.....
What does, "This will at the same time we start trading TPID-USA on a higher exchange" mean???
Will TPID-USA be a whole different company that will be completely be separated from SSTY so we'll need to fork out additional money to invest into it, OR will our existing shares mean we would ALREADY own a piece of TPID-USA so therefore we need to do nothing???
STILL A VERY CONFUSING AQUISITION
I really really hope TPID-USA won't be a totally separate company from Sure Trace Security. If it is, it means more shares need to be purchased for this "other" company and our current SSTY shares won't mean squat.
OR..... Maybe Sure Trace Security shareholders won't need to do a thing since SSTY will be the actual "parent" company of TPID-USA???
I don't know..... This is the most confusing aquisition ever for me.
If someone has some info about how this is going to work out for current shareholders who currently own millions of SSTY shares already, please let me know.
Thanks!
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
i really don't know what percent we will receive from the new company, here is a post from newxian at the hub,
The truth is that 5-10% is going to shell company trading on otcbb. We will get same % in new company as you have in SSTY, but not 1/1 share. Like if you own 1% ssty, you will own 1% TPiD-us.How many share we get is Depend on how many share O/S that company will have.If they want 100 million we will get about 1/30 if they want 200million 1/15 if they want 300million 1/10 if they want 600 million 1/5. I think detailed info going to come when they file 8k.Like how much monthly fee ssty get and how many share we get. at the same time you still held the same number shares of SSTY, plus what shares number you get percent from the new company are "free" and that is what SSTY get for you as original investor due to the transaction.
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posted
So TPID-USA won't be receiving it's own ticker symbol, right?
See, I'm still confused as hell and we will probably get some accurate answers from "The Big Boss" himself, J. Mackay in another video.....
For now, I'd just like to know if SSTY is the ticker symbol that would be trading on the OTCBB exchange or will remain on the Grey Sheets, AND if TPID-USA is the "ACTUAL" company that will solely be traded on the OTCBB.....
Too mind boggling!!! Where are my ANXIETY pills when I need em???!!! Doctor's office isn't open on Saturdays!!!
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
So that basically means we have the "option" of buying TPID-USA shares totally separate from SSTY shares?
I wonder how this would affect the value of the SSTY's PPS if that's the case.
I currently hold 8 million shares of SSTY. What I'm hoping for is that SSTY would be the one to get out of the Grey Market and onto the OTCBB exchange. From what it sounds like, the only company that will be listed onto the OTCBB would be TPID-USA and not SSTY..... And that would SUCK big time. Then again, maybe not.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Kane..... What's your opinion on the new TPID-USA? You think it's going to receive a separate ticker symbol so we can fork out even more additional money for this new OTCBB company? This question is KILLING ME!
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
I didn't think that at first, but I'm beginning to think it know. I'm hoping it's like who I work for. Our parent company is UPS, but I work for UPS Supply Chain Solutions. We are totally seperate but our budget comes from UPS and our profits go to UPS and when we want to buy stock, it's UPS stock. I felt really good about this deal at first but I'm starting to question it. Just the deal, not the company. I still think we are going to be very rich from all of this, but I have to admit that my concerns are starting to rise a little.
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posted
Here is a summation of the new guy coming in as president:
Stephen W.W. Ching, Jr., Esquire Mr. Ching is a partner at the over 100-year old Law Firm of Obermayer Rebmann Maxwell & Hippel LLP in its litigation, international and regulatory departments. He received his B.A. from Princeton University, the Woodrow Wilson School of Public and International Affairs; his J.D. from Villanova University School of Law; and a Master of Philosophy in international affairs from Cambridge University (Trinity Hall), where he received first honors with distinction. He has studied the development of Chinese economic laws since the mid-1980s at some of China’s most prestigious universities, including Beijing University Law School, Fudan University, Tsinghua University, and East China Normal University. He was awarded a grant to research and write a dissertation on the development of Chinese economic law and the rule of law in China sponsored by the Georges Soros Fund. He has worked with leading US companies on transactions in China as well as leading PRC and Hong Kong companies on transactions in the US, including in the healthcare, pharmaceutical, biotechnology, chemical, automobile, shipping, banking, tourism, toy, and sports industries. He has worked closely with government, both in the US and China, and at the Federal/state/city and Central/provincial, and municipal levels, including the City of Philadelphia, the Commonwealth of Pennsylvania, as well as the Chinese cities of Tianjin, Shanghai, Guangzhou, Hong Kong, Fuzhou, Xiamen, Chengdu, Nantong, Dalian, and other cities. He helped organized the City of Philadelphia’s last several trade missions to China. He has worked with US and Chinese government on significant matters such as port negotiations, direct flights from Philadelphia and China, development of international trade zone in the US, and social security, securities and insurance reform. He is the co-chairman of The Splendor of China, an international extravaganza which will take place in Philadelphia in 2007, which will be one of the largest China-related events to be conducted in the US, which will bring over hundreds of Chinese companies and leading Chinese government and business leaders, and which is being coordinated and supported by the Chinese Ministry of Commerce. He speaks frequently about China, including on television and at seminars organized by international organizations such as the World Trade Center of Greater Philadelphia. A seasoned commercial litigator, he has handled high-profile litigation and regulatory matters written about in the national and local press, including matters on behalf of Senator Arlen Specter. At the end of 2005, he was named Pennsylvania Super Lawyer, Rising Stars – International.
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quote:Originally posted by Kane31: I didn't think that at first, but I'm beginning to think it know. I'm hoping it's like who I work for. Our parent company is UPS, but I work for UPS Supply Chain Solutions. We are totally seperate but our budget comes from UPS and our profits go to UPS and when we want to buy stock, it's UPS stock. I felt really good about this deal at first but I'm starting to question it. Just the deal, not the company. I still think we are going to be very rich from all of this, but I have to admit that my concerns are starting to rise a little.
Kane..... Thanks for your input. I have my own concerns as well. What do you have in mind?
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Can someone explain to me why Bid and Sell prices for this stock don't show up on Scottrade's live feed?
Indytrader
-------------------- The views and opinions expressed here are solely those of Indytrader. Make your own decisions based on what's right for you and your money.
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posted
No bid or ask. SSTY still in the "Grey Sheet Market". When TPID-USA becomes active on the OTCBB, I'm "wild card" guessing that SSTY will have an ask/bid feature. Again, this is just a wild card guess...
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Thanks, DWE - I've only been dealing with OTC:BB stocks up until now.
Indytrader
-------------------- The views and opinions expressed here are solely those of Indytrader. Make your own decisions based on what's right for you and your money.
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2/07/06 – SSTY opens joint offices with affiliate china ministry of industry and commerce.
2/02/06 – SSTY announces new contract in china for jv the palace museum of china.
1/26/06 – SSTY announces new contract in china for jv major auto parts distributor of GM parts.
1/25/06 – SSTY announces plans for new venture with affiliate of china’s ministry of industry and commerce the china consumer journal; venture to have ability to police consumer counterfeit products including authority to search and seize.
12/14/05 – SSTY delivers first shipment of labels for Brand 315 during the china trademark festival.
12/07/05 – European subsidiary of Sure Trace, Globe Staff Consulting, successfully completes field audit with French Police of it’s mobile tracking module.
11/21/05 - SSTY's JV Signs Contract with Chinese Government-Sponsored Anti-Counterfeiting Network
11/16/05 - SSTY Seeks to Enter North American Market.
11/04/05 - Sure Trace Security Corporation Announces Agreement With Innov-X Systems, Inc.
10/31/05 - Sure Trace Security Corporation, Together With Its Joint Venture Partner, True Product ID (Beijing) Limited, Met With the Central Government Departments of China at the People's Hall In Beijing, China to Present Its Technologies and Services to Government Ministries Responsible for Internal and International Security Issues.
10/27/05 - Sure Trace Security Corporation Announces Approval of Globe Staff Consulting Acquisition By French Government.
10/20/05 - Sure Trace Security Corporation Announces Cooperation Agreement with Brand315.com in China.
10/18/05 - Sure Trace Security Corporation (OTC: SSTY) announced that its Chinese operating subsidiary, True Product ID Technology Limited, formerly Sure Trace Asia Limited, has, on October 4, 2005, signed an agreement with Gary Metzger, President of Amco Plastic Materials Inc. of Farmingdale, New York, to form a joint venture (JV) to utilize their anti-counterfeiting/authenticating systems in the Far East.
9/22/05 - Sure Trace Security Corporation Updates Financial Reports Available on Pink Sheets News Service.
9/08905 - Sure Trace Asia Limited and Beijing Suneray Jexin Technology Announce Opening of New Offices in Beijing BEIJING.
8/26805 - ; Company Files Litigation against Former Officials of Sure Trace; Company is Cooperating with U.S. and Canadian Investigations.
8/17805 - Sure Trace Security Corporation Participates in a Public Demonstration of the Anti-Counterfeiting Technologies Held in Beijing by Its Subsidiary Sure Trace Asia Limited and Its Joint Venture Partner, Suneray, on Wednesday August 17, 2005.
8/04805 - Sure Trace Responds to SEC Actions. 8/02805 - Sure Trace Plans Live Demo in Philippines; In Addition To Demos Planned In Beijing; Company Chairman Concludes Series Of Meetings In Philippines.
8/01805 - Sure Trace China Joint Venture Announces List Of Scheduled Attendees For Live National TV Demo.
7/29705 - Sure Trace China Joint Venture Receives Governmental Approval; Live Television Demo Planned.
7/27705 - Sure Trace Licenses Additional Technology For Use In China; Company Also Offers Details Of Previous Acquisitions; Hires CFO. has today announced that, it has entered into a binding agreement with Sensor Media Corporation (Sensor) through its subsidiaries, to utilize Sensor's licensed technology in China, Hong Kong and Macau. It has also been granted the sole option to acquire Sensor's three subsidiaries described below within 120 days of the execution of the agreement upon mutually acceptable terms.
7/12/05 - Sure Trace Security Corporation (OTC:SSTY) is pleased to announce that it has completed the acquisition of Globe Staff Consulting (GSC). China Joint Venture Meets With 2008 Chinese Olympic Officials. 6/17/05 - announced that, because of its completion of a highly successful demonstration of the Company's capabilities in Beijing, China, it has been able to reshape the framework of its China joint venture. The Company will now hold a majority interest in the joint venture vehicle as opposed to a minority position.
5/27/05 - Sure Trace Team En Route to Beijing, China; Group Includes Chairman, New Head of Operations & Sales, CTO and Other Outside Technical Advisors - Multiple Demonstrations Planned.
5/26/05 - Mr. Michael Cimino is retained as the new President and Vice-Chairman. Mr. Cimino, will coordinate and oversee the structure of any resulting relationship between the company and its Chinese partners.
(NOTICE THE GAP BETWEEN 4/20/04 AND 5/26/05 WHEN CIMINO CAME ON BOARD) (CIMINO AND MACKAY SPENT A YEAR RESTRUCTURING AND PLANNING FOR THE PROGRESS THAT WE HAVE SEEN IN THE PAST NINE MONTHS)
4/2004 – Code of ethics for senior financial officers and the principal executive officer of Sure Trace established. 5/2003 – Resignation of old Accountant and engagement of new accountant.
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posted
This friday will be 3 weeks since any new news has come out. I'm beating my head on wither to buy another 5.5 million shares or not.
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posted
johncee has done alot of DD on SSTY here is another post by him thanks
I wanted to put the tremendous progress this company has made since 5/26/05 in a condensed version so everyone could see clearly what has happened over the past 10 months. Now we are past the stage where we are doing demonstrations in China, although more will come, but we are now at the stage where IMO big contracts should start rolling in. The technology has been proven, the partnerships and cooperation agreements are in place, Cimino is ready to hand the baton to a new ceo and managment structure that can take this company and make it a bluechip company in the future. All we have to do as investors is sit and be patient. Things will happen in their own time and not ours. Those who get discouraged and sell will regret it later in life. Those who have done their dd and hold will be rewarded a million times over. Again this is just one reporters opinion. GOOD LUCK AND GOOOOOOOOOO SSTY/TPID!
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