Jun 17th 2008, 12:50 SAS Special Situations
by Wenden Xeno

15,000L Escrow recieved

Now that we have been trading for over 3 months, SAS has recieved our 15,000L Escrow from the ACE.

Id like to thank the ACE management for effecting this so soon after I made my request.

As discussed in my last financial report- I had an exciting target stock to invest in using this Escrow- which was ISE listed LIF. LIF was a stock with a great divi performance but held back by a massive sell order at the 1.01L level. I had planned to clear that resistance with a large stock purchase for immediate gains up to the next resistance level at about 1.50L. Unfortunately, by the time we recieved the escrow the oppertunity had been missed- someone else had the same idea and the price has risen to 1.10L allready. I have therefore invested 20,000L (the escrow + 5,000L from JAM profit taking) in ISE listed JCF- not what I had originally planned however a good default investment which I have good reason to believe should easily reach a 2.00L price target.

Regards,

Wenden Xeno.