Superwipes, Inc. (fka SPWP)

[zatoichi]

CDR,

I am not looking at having things go better,but more like accountability. I will lose a little, but I can stand the hit. It is not that much.

But this last shot will be the next to last act. CG, WD and probably Mario deserves some sanctions.

CG for things that is easy to prove.

WD for the BK suit.

Mario will be the worst. He concretely spent a lot of money making this company happen. If no one dings Mario, his losses will be there for him to ponder. I am not sure that he really put a million dollars in this company or not. But I am certain he will walk away with several hundred thousand dollars worth of losses.

As for me, this has had a lot of entertainment value. I do not like to see anyone lose money. But there was an awful lot of drama.

[CDR]

Zato thanks for all your effots for this board. It is a good thing that I had some free shares.This way I only lost under $100.Good lesson here not to invest in pinks.The otcbb is not a whole lot better either except for a handfull of newer companies listed there.Too much crap goes on to take the investors hard earned money.This is my last pink & I am almost finished with the OTCBB deals.Just waiting one to happen.

[CDR]

Zato I don't know if that will do any good.but,also Mario's e-mail address is no longer valid.I tried to send him a e -mail @ [e-mail] & it came back.Everything is probably too late now.JMHO

[zatoichi]

CDR as I tried to post on RB but had technical difficulties, CG has violated SEC regs.

If Arthur Levitt is correct regarding Lebed than CG has some explaining to do.

It is true that CG might not have directly profitted from any change in share price, but he is effectively the CEO as such is required to follow SEC requirements.

I expect to make the complaint to SEC by early next week.

[CDR]

zato I wonder where the first class mail is that was to be sent by Charlie after the meeting last thursday?

[zatoichi]

With respect 5150, it really does not matter what CG has to say unless he is willing to go on record.

So far his tract record is that he wants to do this stuff informally rather than via press releases and public meetings that were sent to all the shareholders.

To date, I have not seen anything that addresses those concerns or there are people who are all that interested in what he has to say.

For all of Mario's faults, he has put out stuff that is a bit more transparent. Though Mario's track record is far from perfect.

I have more trust with Mario, though that trust is not real high either.

Wait and see for the ruling.

[5150]

Did anyone from Florida go to this meeting yesterday?
My attorney and I will be in Florida (Subject to Wilma) on Tuesday, October 25 at Shepards Beach Resort, 619 S. Gulfview Blvd. Clearwater, Florida 33767, (727-422-5107) time: 2:00 p.m. to give an update on the status of the Bankruptcy proceeding and answer any questions that you might have.

[5150]

I hope Mario is a man of his word...
" We will offer a conversion of at least $0.01 per share and as much as $0.02 per share that you currently own, as long as you can provide us with valid stocks certificates. The price will be evaluated from the price you paid for the shares. This should be an incentive. The more shares you have the more you will get"

[5150]

Will find out via 1st class mail..

To All Concerned:



The hurricane has moved the meeting to Thursday afternoon at 2:00.



I have requested a current list of stockholders from the transfer agent and will all the stockholders an update on the status of the bankruptcy proceeding via 1st class mail ASAP.



Charlie Gerhardt, Trustee

[CDR]

Don't we get info tomorrow from charlie's meeting in Clearwater,Fl?
Will Mario be at the meeting ? What would the likely outcome be ?

[5150]

TAKI, If you can comment, has your LE talked with Mario yet?

[Oshemae]

diamonds, the sec has nothing to do with pink sheet stocks so a complaint to them will fall on deaf ears.

http://www.sec.gov/investor/pubs/microcapstock.htm

The "Pink Sheets" The Pink Sheets — named for the color of paper on which they've historically been printed — are listings of price quotes for companies that trade in the over-the-counter market (OTC market). "Market makers" — the brokers who commit to buying and selling the securities of OTC issuers-can use the pink sheets to publish bid and ask prices. A company named Pink Sheets LLC, formerly known as the National Quotation Bureau, publishes the pink sheets in both hard copy and electronic format. Pink Sheets LLC is not registered with the SEC as a stock exchange, nor does the SEC regulate its activities.

[Oshemae]

stockstoastcrunch, what's your point? ...

Sure, any stock can be bid up through manipulation. What's that have to do with anything? What does that have to do with the viability of making a long-term buy and hold investment in a pink-sheet penny stock?

You might want to stop with your idiotic interpretations of my posts lest you be revealed as the real moron.

Oshemae

BTW: Did you get caught holding the bag on bcit? It sure went illiquid quickly!

http://stockcharts.com/def/servlet/SC.web?c=BCIT,uu[l,a]daclyiay[dc][pb50!b200!f][vc60][iUb14!La12,2....


I see ddsi has liquidity but the trend has been DOWN.

http://stockcharts.com/def/servlet/SC.web?c=ddsi,uu[l,a]daclyiay[dc][pb50!b200!f][vc60][iUb14!La12,2...


Good Luck and Happy Trading!

Oshemae

[zdeep1]

Sorry CDR, typed wrong site.

I accidently typed the symbol instead of "superwipe"

[diamonds1]

If company is in financial well being then the court should grant dismissal. If not they will follow through. trustee will not have final word the judge does!Mario will have to be ready to prove the facts. Companys well being and abillity to pay debtors.Also SEC should have been contacted by Mario aboout what is happening and start the investigation.Mario and the cfo would be the party to truly do this. he may be waiting to see what charlie does.because sometimes less buracrucy is better than out come. AS my wife and I say what goes areound comes around!Also if its true about Davis he is to late to file bk personnel to keep from having to repay a law suit agianst him.
P.S. please post perinate information on here.

Also what does anyone feel the price will go to if dissmissal granted?

[badbetsy]

To All Concerned:



The hurricane has moved the meeting to Thursday afternoon at 2:00.



I have requested a current list of stockholders from the transfer agent and will all the stockholders an update on the status of the bankruptcy proceeding via 1st class mail ASAP.



Charlie Gerhardt, Trustee

[CDR]

zdeep I pulled up the superswipes web site & I didn't see that.The same message from Mario of Sept 15th is still there.

BTW,I am waiting to see/hear Chatlie's explanation in Clearwatwer tomorrow.Hmmmm if he even cares???

[zdeep1]

Anyone know what is going on with spwp.com? THIS DOMAIN NAME IS FOR SALE! is on the page now

[badbetsy]

phantom...we stand knee deep in the muck of bk court....mario has filed motion to dismiss and trustee has threatened to go motion a chapter 7...dont know where we stand basically...if bk dismissed should run real good though...gl

[CDR]

stocktoast oshemae& agrob are the worst offenders.They berate the poster themselves.Very arrogant individuals who most people dislike.

[stocktoastcrunch]

Oshemae, stop with the moronic naivete & your arrogance. ANY STOCK can be run.

[Oshemae]

Rawnoc,

Have some compassion for the mentally challenged....don't forget they thought this was a good buy and hold stock! Heck, some are still in denial....waiting for Mario to give them shares in his new company in exchange for their old, worthless SPWP shares.


Regards,
Oshemae

[Rawnoc]

I think that was the most self-explanatory post in the history of message boards.

[stocktoastcrunch]

raw, what's your point here.

[Rawnoc]

Posted by: TAKI
In reply to: Rawnoc who wrote msg# 421 Date: 1/27/2005 12:55:54 PM
Post #

Keep up the good work Loser.We shall see who laughs last.

=========

LOL!!! ;)

[Wonway]

That is definitely good news. To me it says two things: 1. Mario expects the company to come out of bk and continue doing business and 2. he respects the stockholders.

[5150]

Mario stated this..
" We will offer a conversion of at least $0.01 per share and as much as $0.02 per share that you currently own, as long as you can provide us with valid stocks certificates. The price will be evaluated from the price you paid for the shares. This should be an incentive. The more shares you have the more you will get"

[Wonway]

It has been my experience that when a company declares bankruptcy, the stockholders lose everything. If the company is lucky enough to emerge and continue doing business, then new stock is issued, as with the case of MCI/Worldcom. However, in that case the SEC proved fraud and there will be a slight reimbursement of some pennies on the dollar. Fleming Foods, a former supplier to Kmart went bankrupt and all stockholders that held on lost everything. Not sure if Kmart stockholders lost everything when Kmart emerged from bankruptcy. If they did get to keep the stock, then there is a 50-50 shot here.

[Buffalobill91]

as depressing as that is to hear...it doesnt really matter. At this point the stuff that was in the building is surely in storage someplace, being controled by the court and the formula is the major asset anyway....why continue paying rent if you are not allowed to run your business.

[zatoichi]

I wonder what the status of the legal case.

I believe it is still with the presiding judge but more things can come from this case.

Before I give up the ghost on this one, I need to know what that judge decides. If the case goes against Mario then liquidation will happen only after the appeals are exhausted. That might take some time. If the judge rules for the defense then I am sure WD will appeal it as well.

I still believe that Mario has a stronger case. But the judge is the bigger factor than my opinion.

abracky I believe that Mario is seeing diminished demand as the legal issues are ongoing. If those issues get resolved in Mario's favor, it is an open question as to whether or not Mario can resurrect those relationships that had the potential to make us all sucessful. It is also an open question as to how long will it take Mario to get on track.

The legal case might take weeks possibly months to resolve. I guess we shall see what does happen.

P.S. abracky thank you for that report.

[abracky]

Here is news, believe it or not, as I told all of you in the past, I live about 5 minutes from the Ozona Florida, Superwipes warehouse.

I drove by there this evening and all the SUPERWIPES signs were gone and a little "FOR RENT" sign next to the building.

Sorry for this news but I was a investor here also.

[zatoichi]

You have to try. Doing nothing is worse than doing something like complaining to the SEC.

We need some kind of relief.

This whole thing is so bogus.

A minority debt holder whose claim is dubious takes the company into BK. This is absurd.

We all took risks, possibly crazy risks. But this continuing strife that is at best weak and at worse malignant is beyond what even very diligent can reasonable forsee.

[CDR]

As the saying goes in golf:"never up/ never in "

[XV19]

yeah right..like the SEC will do anything...They've done such a great job on GVRP/MAMG and BCIT..

<insert massive sarcastic laughter here>

[CDR]

WE NEED THE SEC INVOLVED.WHO HERE CAN GET THAT BALL ROLLING

[Buffalobill91]

that wouldve been what happened but apparently the trustee is not going for that... its obvious walter wants this company sunk- nobody in their right mind would want to liquidate an entire company that still has assetts and the ceo wants to continue business and inists that he could be profitable... either way either with bankruptcy or through the settlemnet/split walter wouldve been released from any liabilities.. he must want the company sunk... I think the big problem is that this has become much more than just business- its become very personal between walter and mario...

[5150]

Charlie again..
Ladies and Gentlemen:



I have attempted to remove names which requested.\, and apologize if you have received this communication. If you do not want to receive any further communication please let me know.



My attorney and I will be in Florida (Subject to Wilma) on Tuesday, October 25 at Shepards Beach Resort, 619 S. Gulfview Blvd. Clearwater, Florida 33767, (727-422-5107) time: 2:00 p.m. to give an update on the status of the Bankruptcy proceeding and answer any questions that you might have.





Charlie Gerhardt, appointed Trustee

[5150]

I was gone yesterday and see we are still in a holding pattern. If company gets dissolved, then wasn't Mario's plan to start new company are current share holders swap old shares for new? And each share worth .01 to .02 of new share

[CDR]

waik I would be happy to be included for a complaint report to the SEC about Charlie,WD & the court.

[zatoichi]

waikikian, I am going through the SEC website.

Regarding BK court I see no problem with that.

[river5runner]

Waik,

There are many law firms that would take a case like this. One is Schatz & Nobel. They are representing scores of investor suits at this very moment and I think they would take a Pink as well--hey, let's face it, any law firm will take any case if they smell the green stuff--however are there any assets to distribute? If all we want is a continuation of SPWP under Mario how is this advantageous or remunerative for a law firm, i.e. what will they gain unless we the shareholders or Mario are paying them hourly as opposed to a distribution of ill-gotten gains at time of a settlement.

It seems absurd and insane to throw away everyone's dreams as you say. Is somebody compiling a list for a class action or something. I forwarded my information to "ferre" on the other Board who I believe was spearheading an effort, but I have not heard back from him.

CG

[waikikian]

zat...

Do you have any links you can post that would help someone with the SEC complaint process? Can we file a complaint with the BK Court also?

Waik

[zatoichi]

waikikian, lets get started. I will start and hope others will help start the ball rolling on the SEC process.

We can also register a complaint against CG with the Chief Administrator of the US Federal Court. That Administrator's name is John Roberts. He is also the Chief Justice of the US Supreme Court.

If anyone knows about taking action anywhere else, I am very interested in that point and post.

[badbetsy]

that will totally depnd on what happens next in court this could be a very long haul

[waikikian]

IMHO....

Mairo and his legal counsel are unable to resolve this situation for one reason or another.

Therefore, if the shareholders don't step in and take action WD and his cronies will take this company down. WD obviously has the will, the knowledge of the court system and how it works, and people willing to do his dirty work. He is betting that this time is no different than any of the other companies he has flushed down the toilet. That the shareholders will just walk away and move on to their next dream of quick riches.

I say we organize and throw everything at them. SEC, legal action, whatever it takes, so they can't do this again.

Question is, is there enough support for this type of action?
Someone is trying to compile a list of people willing to take action, but don't know how far along that is already.

Not knowing the legal system myself, it is difficult to say where to start. However, it seems clear to me that "Charlie" has not been working in the best interest of the shareholders, to say the least. A complaint or investigation needs to be done of "Charlie" and why he has failed to represent the facts to the Court properly.

All IMHO

Waik

[zatoichi]

Alerting the SEC and having the SEC investigating the actions would be in order. But there are some readers of this thread that might advocate a less rigorous application of SEC regulations.

I am interested in what other think should happen before I move forward.

[CDR]

Anyone want to speculate on where this thing is headed?

[CDR]

zato why shouldn't the SEC be notified & they can investigate.

[zatoichi]

It should be understood that if CG knew he was on solid ground he would have done his post differently. He would have not only quoted the specific section that he is right but also come up with known examples. Those examples that could be fact checked as to his use of best practices.

We saw none of that attitude or action.

I understand how others would want to more gently deal with CG. However practical, I am skeptical.

[CDR]

What next??? will Mario get the company assets to proceed & gain orders?