Solar Wind Energy Tower Inc. (fka SWET)

[Nomad505]

So how many 2s are you trying to sell? The penny stock game for tickers like this is all about trying to get the gullible newbies to buy your shares.

Your question doesn't matter. Whether it was a scam or not is a mute point at this moment in time.

The company is broke.

They were entirely funded through convertible notes. All of which were converted and sold.

The Insiders pulled a shady deal and bought shares directly from the note holders. They made it look like open market buys but if you check the volume at price for the days in question they don't add up.

I think It's been a couple years now since they had a fresh pile of cash to play with.

Every penny on all of the various financials came from investors.

Now that the share price has bottomed out and the volume has essentially dried up there with be no new convertible notes.

They haven't bothered filing financials lately since there's obviously nothing to report.

The deal with the landowner has expired. I know there's been someone saying that it's been extended but so far he hasn't proven his claim.

There's lots of better tickers to play with. This one is pretty much just a zombie.