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SLS INDUSTRIES (fka SLSI) RSS Feed

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Created
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SLS Industries, Inc. (SLSI) is a highly speculative shell play, but with its risk could come great reward.

 

Share Structure:

OS: 15,563,346

AS:  80,000,000

From the last 10KSB  "As of January 31, 1998, number of shares of Common Stock, outstanding was 15,563,346"

 

This story is coming together as a series of clues. Since our DD is constantly changing, the information herein is only a rough guide.


 

SLS AUDIO company website: LINK

 



THE BASIS FOR SPECULATION:

Intrinsic Audio Solutions appears to be the NEW name for SLS Audio (aka SLS International), a multi-million dollar company that once traded for dollars per share on the AMEX as SLS. It appears CEO John Gott changed the name on 4/09/09 from "SLS Industries" to "Intrinsic Audio Solutions", and evidence exists on the web linking IAO with SLS through a recent hire.



Amendment on 04/10/2009 changes name to "Intrinsic Audio Solutions, Inc." on the Nevada SOS website:

 

Note this article from December, 2009:

Ozark-based Speaker Maker Getting Second Chance

 

and this 2010 SLS/IAS website with a mysteriously generic URL:

http://www.nczon.com/index.htm

Here is how the connection between SLS and IAS can be confirmed:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46363946

One more thing: SLSI is a Michael Anthony shell, and his plays have a solid reputation:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46363706

 

The story is quite compelling, but why are investors most interested? The assets of SLS Audio could be significant, as in several millions of dollars, and the current OS of SLSI is only about 1/10th the size of the OS of SLS when it traded on the AMEX. Furthermore, revenues for SLS Audio were also in the multiple million dollar range. While many valuations are much more conservative, some shareholders are speculating the value of the new entity, if formed, could be on par with the former SLS Audio when in its prime: dollars per share.

 

 

Again, it must be emphasized this stock is high risk, and isn't for everyone.

The opinions expressed here in this forum are exactly that, and don't constitute investment advice.

Do your own DD.

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