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Don't think so. SWVI just hired a guy that has developed specialized mining equipment and is getting them made in China. They are looking at a mineral property in Mexico.........z
Swingplane Ventures, Inc. Provides Update
Swingplane Ventures, Inc. (OTCBB: SWVI) (the "Company" or "Swingplane") brings you a message from the Company's President who wishes to update the Company's current status and ongoing corporate matters.
CURRENT STATUS
It has been some time since I have put out any report to the stockholders as it has been a challenging time since the cessation of the Algarrobo project. I have been concentrating my efforts in bringing the filings and files into good order, and in seeking out and reviewing possible opportunities for a project to bring shareholder value to the Company.
To that end, I have been looking for a project with a smaller capital requirement that would be the first building block for other projects of a larger magnitude. These efforts have yielded positive results, and the Company has identified a project here in Mexico that is within our ability to undertake and comes with the potential for other acquisitions from the same group which would further our corporate rebuilding.
To assist in this process, the Company is pleased to announce the appointment of Dimitrios Trikeriotis as Treasurer, Chief Financial Officer and a director of the Company.
Mr. Trikeriotis, 49, is a private businessman residing in Guangzhou Guangdong, China. From 2009 to present he has been a self-employed business consultant, consulting, advising and assisting companies that either wish to sell products to China, to set up operations in China or seeking specialized products for either production or purchasing from China. He has been spending a substantial amount of his time in the development and operation of a mining process platform designed for small mines processing a wide range of minerals and ores resulting in a product being able to produce high valued and high percentage refined products. As of 2011 he has established a number of companies to exploit this niche in the mining sector and to sell finished products mainly to China. The first modular and mobile platform is under contract with a U.S. company. From 2004 to 2009, Mr. Trikeriotis was the owner and managing director of ITCL Group, operating in Hong Kong, China. The Company had 20 employees and consultants under management working with an extensive network of China-based suppliers and products and Chinese purchasers in all industries. He has extensive knowledge in manufacturing, process, organization, budgeting, new product development, sourcing, quality controls, managing of people, costing, market positioning, strategy, networking, costs cutting, restructuring, production flows, market understanding, new concepts, needs, niche markets.
Mr. Trikeriotis has worked diligently to bring this project to its present status, and will be instrumental in sourcing equipment and financing to get this project moving forward.
As we are not yet finalized our negotiations on the terms of the acquisition, I will publish more news as negotiations proceed to a formal agreement. However, I can indicate that the project is a silver property in Mexico that is capable of going to very rapid production, with a quite small initial funding for equipment purchases and operations. Negotiations will require the restructure of the preferred and common shares issued to the Mid Americas stockholders under the share exchange agreement. There will be no restructure required for the shareholders existing at the time of the acquisition. The Company does not currently have the required funding for the project but is considering a number of options to raise the funding and will provide further detail once it has finalized an agreement with the vendors of the project.
Again, I wish to thank those shareholders that have contacted me with words of encouragement and support and I look forward to continued contact with you on an ongoing basis.
Further updates will be provided as information becomes available.
Carlos De la Torre
President and Director
For more information please visit our web site at:
www.swingplaneventuresinc.com
Or call:
1-800-373-0537
Safe Harbor Statement
THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS," AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.
EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO THE COMPANY'S PLANS TO ENTER INTO A MINING OPTION AGREEMENT WITHIN THE NEXT FORTY-FIVE DAYS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH MINERAL EXPLORATION AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL AND QUARTERLY REPORTS ON FORM 10-K AND FORM 10-Q, RESPECTIVELY, AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY'S EXPLORATION EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.
THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NO SECURITIES REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
Contact:
Swingplane Ventures, Inc
www.swingplaneventuresinc.com
1-800-373-0537
SWVI Security Details
Share Structure
Market Value1 $2,115,000 a/o Sep 27, 2013
Shares Outstanding 235,000,000 a/o Feb 22, 2013
Float 122,500,000 a/o Feb 22, 2013
Authorized Shares 550,000,000 a/o May 11, 2012
Par Value Not Available
Shareholders
Shareholders of Record
They used to make clubs,they stopped because they gave too many people the shafts!
Are they still making golf shirts here? I want to buy a dozen for my Ebay store and we can logo them for you like if you work for Sucker Corp or something to that nature it will be slick looking, LOL!!!
SWVI getting closer to being sub-penny folks.
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Does anyone remember the prediction about SWVI.......
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=85698272
Is anyone still holding this POS/SWVI from $1.00 down to nearly sub-penny? No press release since Aug. 9th.
Business Summary sazzzzzz........
Swingplane Ventures, Inc., an exploration stage company, engages in the exploration and production of mineral properties in Chile. The company primarily explores for copper. It holds interests in the Algarrobo property that consists of 32 tenures covering a total area of 6,161 hectares located to the north of Santiago, in the III Region, Chanaral province, Chile. The company is based in Santiago, Chile.
They were supposed to be searching for Gold too. LOL. APS has pulled another clever P/D on investors. Not the traders. LOL
You are right on the money. This is a huge scam
This POS is DOA!............
You'all should have gotten out of it when it started to craaaaaaaaaaaash!!!!!!
People still playing the SWVI scam? Even hope and prayers can't help this P&D. Should have dumped it as instructed.
Who is buying this stock? To sell a stock u have to have a buyer. Is it a shorter or an insider who had a million plus shares that sold at a 1.00? Are they buying to close this turkey out?
Are you kidding? They lost the rights on the Algarrobo property, they have nothing. The price went to1$ because of the P&D by APS and all their lies to dump the worthless shares before announcing they had nothing. BIG scam.
What about it Lauren2?
Please look at their PPS history
$6??? When was SWVI ever $6?
SWVI @ 0.016. Wonder if she'll go sub-penny this week. Maybe they'd be better off going back to selling experimental airplanes?
No?
Scammers run this company. All losers scamming us. From $6 to nothing now. I know they all will rot in hell
WHAT A PRK THIS COMPITOR OR SHORT IS...PROBABLY THE LOWEST FLOAT GOLD STOCK...WENT FROM .01 TO 1.00 IN A MONTH, BEFORE THE PRK SHORTS GOT AT IT AGAIN. THIS STOCK WILL BE A GOLDMINE! IMO DP
Hello ACEHIGH! Hope everything is going well with you and your investment in SWVI buddy. - OTC!!!
It's called smacking the ego, I had an ego but now keep it under check, I probably should not have said anything but I own a stock sitting in nowhere's ville. I used to have this stock not sure where it is going but it depends on where the A/S O/S is and if the company does something in Chile(I think that is the property).
My first post. Just had to say "Great Post", I can't figure out why people want to be Jerks. Wish more got a SMACKDOWN. Keep it up!
Like anyone would repond to you? Whats the point of your post? Many people lost money on this, I don't have any shares fyi but I will stick up for those who do, go back to your cave and build your little fire so you get used to where you may be headed...
YES! Who is still holding SWVI? All they post is nonsense. They haven't posted anything since July 19th. Does anyone think SWVI will go back to $1?
Or even .25 cents? Is anyone here still holding from 1 cent up? Just curious.
Thanks.
who is trading this every day up and down same area
It was a golf clothing mfg. In Colorado! That's even more strange! Billyro.
About SWVI...........
Didn't Swingplane start as a company making airplanes? And then they suddenly become this..........
Swingplane Ventures, Inc., an exploration stage company, engages in the exploration and production of mineral properties in Chile. The company primarily explores for copper. It holds interests in the Algarrobo property that consists of 32 tenures covering a total area of 6,161 hectares located to the north of Santiago, in the III Region, Chanaral province, Chile. The company is based in Santiago, Chile.
How can you go from making airplanes to becoming a mining company in Chile? I can wrap my mind around that. It was 1.00 at one time. Is anyone still holding from .99 down? Just curious.
I can see that everyone has given up on SWVI. I hope everyone played this one right and didn't lose money.
Yes, do you go from board to board. This is down so is goff.
You all bought into the APS hype. I told/warned you all about this months ago. Now you have to suffer the price. Sorry.
This POS got slammed as it deserved. Does anyone here still have faith in it?
I agree with you. this is a fraud! I loss a lot of money
Insider trading,misleading pumps that were outright lies. Fake reports,it goes on and on. billyro
We need to start a class action! Billyro.
No amount of wishing will make this stock recover. SWVI is being sued by one large investor for fraud.
This was a pump and dump. They have already made their money at our expense. The Mexico idea is somebody's idea of a joke. If they were going to do another scam, it would be as another company name and new stock. SWVI is done.
The best would be to get the gold mine in Mexico and pr the crap out of it to build volume
So what's the best, considering we lost all rights to the property that was going to make us our money?
hope the best SWVI..ready for the worst ,,,
~ $SWVI ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!
$SWVI has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~
For a more in Depth study and DD profile, similar to the one contained in this link: ~ http://tinyurl.com/DDexample ~
Click the following link and type ticker or brief message asking me about the DD: ~ http://tinyurl.com/GET-THE-DD ~
What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
~ http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar ~
To find other similar posts of "SWVI" utilize the links that follow.
Search MACDgyver's "Parabolic SAR Buy Signals" posts: ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=ParSarBuyScan ~
Search MACDgyver's posts for symbol "SWVI": ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=SWVI ~
Search Ihub for "SWVI" posts: ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=SWVI ~
For more in depth training and information visit Chartschool on the Stockcharts page.
~ http://stockcharts.com/school/doku.php?id=chart_school ~
Also don't forget the Ihub Edu Channel.
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c
I heard they are picking up the Lone Ranger and Tonto along the way . . . couldn't hurt.
Nice move here today.. Hopefully some more continuation tomorrow
big news is... swvi is leaving chilly and on there way to "old mexico" in search of gold.
Is anyone still holding this turd. Where are all the big announcements?
there it is going for a little hop. This is going to be a reset restart pumper. give it time for accumulation and they will have there gold mine to pump
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