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What we use to like about the options on the co. stock. (where my father in law worked,) is they came along every year with the bonus's..He would hold the options and buy when and only when they were up significantly..Hold them for 90 days and sell them for a neat profit..Borrowing the amt to purchase and then cashing them in would equal no use of personal finances..
What I got out of it (8k) was a typical refinanceing of the refinanceing..Looks to much like a KK type deal.When I was in business with my brother we recieved bank financeing at 1/2 over prime..What these guys are chargeing is outrageous.. But if you don,t pay off those notes and just keep going in cirlcles...YOU LOSE!!!!!!!
Well I have to admit, I only have a small pittance left in this stock..Not looking good for now..Bailed early this Morn and have entered the wait and see period..Reached my threshold of pain..GLTA
Tell me about it...Put an order in at ask and took 20 minutes to get my 100000..That was me raising total from 590 to 690..
anybody buying better get their orders in and be prepared to wait a while..People holding tight..NICE!
Well we got the .001 question settled with numerical proof..Now all we have to do is get an answer to IT'S GOTTA BE CLOSE.. been hearing that since OCTOBER...PLEASE MR. T.S. JUST LITTLE SOMETHING..
Well that conversion at .85%of pps is sure blown to hell with these last conversions..My count was a little short, but,
I WAS RIGHT---IWAS RIGHT---I WAS RIGHT.. (unfortunately)
Are you refering to lower pucker powern with that Phrase????
Latest SWVC dilution to date 3/3/2008
As per T/A...Atlas now Standard..... 801 266-7151
or... Cottonwood Stock Transfer Corporation
5899 South State Street
Salt Lake City, Utah 84107
Tel: 801-266-7151
Fax: 801-262-0907
Originally the O/S was 722,446,617 per the TA on July 3, 2007
Tom got the O/S down to 186 million to combat what he knew would be coming.
7/12 - 184,642,433
7/19 - TA Gagged
7/20 - 256,071,004 (Gag lifted)
7/27 - 296,680,760
8/6 - 336,192,955
8/13 - 422,386,120
8/16 - 440,990,771
8/23 - 460,758,213
9/11 - 479,362,864
9/12 - 496,688,075
9/13 - 517,734,957
9/24 - 548,181,010
10/1 - 627,964,010
11/1 - 722,964,010
11/6- 724,591,917
11/14-732,506,363 ....From 10Q filed 11/14
11/16- 794,391,917
11/29- 824,391,917
12/20- 861,391,917 Float: ......836,345,033
1/15- 891,391,917 Float: ......866,345,033
1/24- 911,391,917 Float: ......886,345,033
2/5- 921,391,917 Float.......896,345,033
2/25- 921,388,917 Float.......896,342,033
3/3- 962,941,917 Float:..... 937,893,033
Lets face it....HILL is so far down on the list that their #'s are a total non event..If they were # 1 or 2 on the list it would be something but being down in the basement..NOTHING!!!!!
Since you used Mortgage as an example.. Lets say you live in a small community and twenty new family's want to move in and go to work..But there are only 15 home for sale.. You paid lets say 100,000 for you little home..Now you say ahhh I can get 140,000 if I sell now because there are buyers there..But then over night ding dong builds 100 new homes across the street for 30,000 per unit and they look just like yours..Now how much is your home worth..Hmmm it dropped 70,0000.. Now you have to wait for a new batch of buyers wanting more homes and a lot more jobs...Thats what happens with that type of loan and shares...We pay .008 for a share and Loan shark pays .001..thus holding down the pricing power of new buyers..Also called dilution $100,000,000 = 1,000,000,000 shares..zBut we all suspect that it is or is nearly completely paid off and are waiting for noticification from SWVC...Lots of thing going on with this stock...LOADED FOR BEAR..
HOPE THIS HELPED....AL
Good Morn'n fellow SWVC'rs
Ooooops a little Greenie showing his head,,,,
Viva: that would be a different senerio... Longs holding tight and not selling, and MM's don,t have any convertibles to push.. Therefore no action...I kinda like that for a little bit.
Good Morn'n All..
Yes, I am vindicated:: conversion is at .001 not at discount from pps..I was told I was completely wrong from other factions on the board..But if thier theory was the correct one, then the increase in o/s would have netted cornell an additional 234,000 dollars.. proved by 41 million increase in o/s. Now all we have to do is wait for the word from Tom and this 41 million to trickle thru the mm's however they do it.
You're right again...I clicked on the wrong post. The Heywood Floyd response was for Sonar..I still don,t know who or what a Heywood Floyd is..
In reference to that posting, You said last week to me..DON'T YOU KNOW WHO HEYWOOD FLOYD IS??? My answer is No.. Never heard of him or know anything about him..
OOOOOOOOh! I like the way you put it Much Better. DAYS, WEEKS, MONTHS, YEARS,,, YEAHHHHHHHH!!!!!!!
Good Morn'n BBB , Kgeezy, AP, and all..Still hopeing for a green day...
Thanks again Soapy That makes sense also...Maybe someday I'll learn...AL
Boy am I confused..I was under the impression that Cornell was able to purchase the shares at the .001, Then getting the MM's to sell them on the market higher and they made a ton of money..thks..
Soapy: I just want to say in behalf of my post last night..I was and still lean towards the assumption that that Cornell is converting the debt at .001.. This is why I see (my view), that we won,t see an end to this without at least two more 20 milliion conversions..My terminology of dump is after the convervion and the shares are released by cornell and mm,s dump them on the market..I was under the understanding that Cornell could take say $20,000 to the TA and upon approval, recieve 20,000,000 shares.. Thereby reduceing the loan by $20,000. Not that they could only convert for .85 or so below Bid. and their debt reduced by that amount..
If they reduced by the higher amount we should have been done with the Dilution months ago, when pps was higher.
I also realize the fact that cornell converts and gets the Market Makers to distribute the shares in what ever manner to whomever.
Good grief was my spelling and punctuation terrible..That proves I'm tired...
AZ you just said the same thing I did..except I added the point that say 1million is converted at point .001 equals $1000.00 coming off the debt. Not $7700.00 after the MM's get done with it..If C. is holding lets say 40,000,000 shares and dumps 2 mil at a crach you got 20 more of these tiny little dumps..I did not say 20 more conversions...But we,ll see by the time the 10k comes out what's going one..I'm just getting tired of hearing every time a low ball purchase is made for l-4 million shares "ONLY TWO MORE TO GO"" The Big C is holding more shares than that..When the o/s goes up about 40 more mil and sits about 960 then we will be close..Enough of that garbage I,m heading for the sackkk!!!!!!! toooodles of coarse its only my opinion... This Bunny is to old for all the RAH RAH and BOO HISS BOO. That goes on..JUST WANT THE FACTS....
NIGHT ALL...
I guess HEYWOOD also in the camp of taking the buy amt and takeing it from the legacy amt. Legacy amt reduced by $2810.00 not $63437.00..To eliminate that $100,000.00 debt a total of $770,000.00 in purchases at .0077..would have to take place.
I do not have the know how or figures to say how many dumps have been purchased
Hypothetically speaking: if you take an amount say like 2,500,000 shares/dump (avg of some at 1mil-and 4mil) and there have been approx 20 such dumps since the Less than $100,000# was announced at an avg of .0078 it would have to have been $390,000 in buys and we would still have 20 more dumps at those figures to be free..The big unknown is HOW MUCH WAS LESS THAN...Could have been 10 20 30 40 thousand less...I still say we have a way to go and won't know diddly until the 10k
I know this is all conjecture but it makes sense..Its as close as I can come.. What say all....imo
Possible 2mm dump here at .077
TAMP: I realize you are fairly new here.. But We've beaten that horse tp death..Since that item was posted about being less than $100,000 remaining..Cornell converts at .001 and we get it on open market about .008 or there abouts..So when that was posted there remained some where under 100,000,000 more shares to hit the market..That whats coming out in dribbles and drabs. No one know for certain how many remain or if we are finished with that Debt..That is also the reason that every time someone buys a good sized order around .008 the board jumps and guys holler DUMP DUMP DUMP.. It's all a guess until the 10k comes out at or near the end of the Month...AL
ok 921 not 930 .. don't like approximate #s when they are higher... Gives me the willy's
Hmmmmm DR Grahm reported no change today Somebody is in error or TA changed things late in day.
Are you talking o/s or float...O/s is over 900mm. it was 921 a couple of days ago and got reduced by 3000 What NO. are you looking at????
Next report for swvc will be 10k due between now and end of Mar. Due by mar 31 deadline..So its anybodys guess unless we get some type of pr or 8k
Good Morn'n AP and all!!!!
AH YES AND TOP OF THE MORN'N TO ALL...TIME TO BOUNCE BACK A LITTLE::::::::
GE0928 : Look at it this way..If you have 100,000 debt and can convert shares at .001.. You can convert 20,000,000 shares for $20,000 once a month.. Sell them thru the MMs for.008 in 4 million shr blocks for a month makeing profit of .007 each time that 28000/wk $112000 per month. It would take 5 months to use up the $100,000 debt. The only way we have knowledge of conversion is when the o/s is raised..The rest is speculation and sell off of shares from prior conversions... if that makes any sense..It's getttin to be sack time...HOPE I HELPED...
Ooooooops or not we,re still closer...Can,t wait for the 10k gettting antzy in the pantzy's heh heh heh
LB. are you calculating the conversion at .001 or .008.. I thought they convert at .001 and by the time we see it is at about .008. If so then thats only a reduction of the legacy by 3000 dollars not 25000..
Thanks BBB , I use to look at Boldt Castle everymorning when I sat on my back porch up on Iroquois Isand...Did a lot Of fishing on that River Both American and Canadian side..I even got to shop at a Hackets and even at the old Ames store in Watertown..Which is Now hacketts...I know the territory and people and their moods..I guess thats one of the reasons I,m here in SWVC and believe it so well. GLTY AND ALL
It's probably considered a non event since it was covered in the pr on the seventh..Stateing Hacketts had recieved the commitment letter...Posted on the site jan 07
OT Before I retire for the evening I finally found the the 8k with the SVF fund..Not as much left in there as I thought
Seaway Valley Fund, LLC
WiseBuys Stores, Inc. acquired Seaway Valley Fund, LLC in January 2006 from Thomas Scozzafava and Deirdre Scozzafava. Seaway Valley Funds holds a portfolio of minority investments, which it buys and sells from time to time. As of September 30, 2007, the portfolio consists of:
Market
Securities Value
---------- -------
Common Stock $663,911
Cash $750,633
SVF fund..Not as much left in there as I thought...
I said it before and I say it again...That .011 has been stuck on the after hrs portions since early this morning and never changed..If people would read their tools instead of just glanceing at them they would have know it was there all day long and never moved.....ETRADE DOES THAT SOME TIMES...There was no after hrs movement....