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SLXI.PK - SATELINX INTL INC
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Investor's Paradise    Over The Counter Exchanges (PK & OTCBB)    S  ›  SLXI.PK - SATELINX INTL INC Moderators: Administrator, Moderator
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djs
Wednesday, July 19, 2006, 5:06:35pm Quote Report to Moderator
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Hey guys,

I dont know if you have been watching slxi but they have announced a forward split to take effect july 24th

if you wouldn't mind checking this out and letting me know your thought.  over 2000000 trades for today and when i checked Otcbb the mostly buys again.  i think something big is going to happen and the value is going to increase.

please let me know popeye and demerchant.  If anyone else has some input please lend me your thoughts

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DeMerchant  -  Friday, September 22, 2006, 1:52:23pm
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DeMerchant
Wednesday, July 19, 2006, 8:12:56pm Quote Report to Moderator
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I couldn't really find much up to date financial data so I can't really comment on that front...

that being said this company is near its 52 week low and if some hype pics up around this stockyou could make some fair gains...

but again thats just me speculating
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djs
Thursday, July 20, 2006, 6:59:39am Quote Report to Moderator
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Thanks for your input deMerchant... do you think this is bad overall?
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DeMerchant
Thursday, July 20, 2006, 7:12:12am Quote Report to Moderator
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From what I understand forward splits are generally good for the investor... any more than that I'm really quite unsure of... im sure popeye will see this and be able to gave you some better feedback than I can
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popeye
Thursday, July 20, 2006, 8:27:08am Quote Report to Moderator
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dis,  this 15 for 1 split appears to be a ruse to gather interest in the stock.  Why would the company with two recent reverse splits now forward split.  At .04 a 15 for 1 will bring the stock to a price of .0026.  The price will be so low that you may be able to make a quick hit but those that hold may end up with big losses.  The company has about 50,000,000 shares out.  The split will bring that number up to 750,000,000 or more.  Why!  

Revenues are down sharply form the same quarter last year and the company lost $3,458,309 last reporting quarter.  To top that off the auditors resigned and the 10K has been delayed.

You may be able to make some money immediately after the split but be careful.
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djs
Thursday, July 20, 2006, 11:09:35am Quote Report to Moderator
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Thanks guys for your input... I'll be looking to make some quick gains and get out.

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BillyBob
Friday, September 22, 2006, 1:28:15pm Quote Report to Moderator
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Why did the auditors resign?
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