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I know quite a few people that have played this one... I'm sure I don't know anywhere near as many as there really is though.
I bet there is at least 800 accounts on the roundup, which 800 X 500sh = 400,000 shares dumped into the market on top of the existing 93k shares they show outstanding after the reverse.
Most places haven't even delivered yet and there is already 7k volume whacking the bid/ask down!
eh, who in the world already has their shares that they are dumping?
wish I would have had 'em the other day on those $14 sales
If you have a chance to bail... tryin to sell my 3 mil shares at .0001 and not having any luck what-so-ever!
Can't go any lower? What about a RS and more dilution? That would drop 1 mil shares for $100 currently at .0001 to 1000 shares at .10 (which would immediately drop in half to .05 at least)
currently 1,000,000 shares worth $100 @ .0001
would be worth $50 after a reverse split of 1000:1 and price dropping in half to .05!
It can always go lower
With what that guy did that bought all the shares to gain a controlling interest, then tried to sell all to his "other company" for $10. I'm sure he doesn't give a crap about CBAY stockholders and will find a way to get this all to his pocket with little consideration of CBAY stockholders. He probably has this so diluted now that I will never even be able to get .0001 out of my 3 mil shares.
Pretty sad someone is so greedy to do something such as that and what's worse is that controlling interest in this had only cost him 330k !!!
eh, it is 8000:1 not 80,000:1
Ehmmm, Raven Moon is already diluted and splitting again - Posted by someone in another forum!
RAVEN MOON ENTERTAINMENT, INC.
2005 Tree Fork Lane
Suite 101
Longwood, Florida 32750
Dear Shareholders:
We are writing to advise you that we intend to amend our Articles of Incorporation to undertake a 1 for 8,000 reverse stock of our issued and outstanding common shares. This action was approved on November 27, 2007, by our Board of Directors. In addition, our officers and directors Joseph & Bernadette DiFrancesco who hold a majority of our issued and outstanding voting securities has approved this action, with an effective date anticipated of January 3, 2008, or as soon thereafter as practicable, by written consent as a special meeting in accordance with the relevant section of the Florida Business Corporations Act.
Eh, no... bought it at .0001 hoping to double to .0002 (not sure if I will even get the .0001 out of it now)
I have 3 mil I will sell you at .0001 :)
Did you happen to look at "OWNER" names during this search? Seems to me Cal-Bay only owns 1 lot/house there. The rest are owned by individuals that purchased or ...
The parcel they still own is
139-19-215-051
about 15 minutes ago!
Probably from Monday when they announced the 60% rise in sales. He is probably releasing news as they are converting to have the volume without killing PPS (wondered why the prices keep going down gradually on good news)
12/4/07 3:36 pm
This was not bad news that was just posted... IMO it was good news, sales up 60% from last yr.
Now why in the world does SWVC drop like hell every time good news is released? Can ANYONE fill me in on that?
Dracula... If you think so horribly about this stock, why not just "tell everyone to run" and for what reasons instead of bashing continuously. (sorry, was to the previous post before the one I replied to)
Tom has done EVERY SINGLE THING he has told shareholders... how many other OTC CEO's can you find that do that? Maybe 1/1000? I feel you are trying your best to cause the PPS to fall on this stock for some reason, is it so you can "get 'em cheap" or is it because you've shorted this stock and want to make the most money you can? Either way, there is no reason for you to be "that interested" in this stock unless you are financially in the middle of it one way or the other.
If you are in any way affiliated with this stock, fine... say so... but don't sit back and bash as a total outsider with nothing to back up your claims.
Sorry, this link
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24764562
Split about a week ago and was just posted as round up
11:57 11/26/2007 AMML Americas Shopping Mall Inc New Common Stock EGVI Eagle Ventures International, Inc. Common Stock
The post 2 prior to the one I posted on
Little late on that one isn't it?
I never said he "was just a penny CEO"... I am just stating that alot of people on here do not trust him because SWVC is a low priced stock and they feel every penny stock is ran by a ripoff artist... I agree some are, but don't believe it with this one.
To me SWVC is a very good investment with a guy that understands money at the controls, how are the bigger companies so much safer to put your money into?
Recently INPC, QMED, etc ?
As much as I would love to hear what "Tom would do with the 2.7 million dollars", there is no reason to guarantee that
he will sink any money into SWVC's growth at this time, yes it may benefit him in the long run, but he also may be putting the money into personally making himself more money instead of "being that penny stock CEO that has to steal millions from others"
or that
there was ever even 2.7 million paid to him for the shares, you don't know if this was a lower priced sale or even a "gift" to his brother/sister
But we do know that Tom's brother & sister also now have an investment in SWVC which gives Tom even more of a goal to make them rich along with the rest of us!
I don't think these shares are "anything" for us to worry about. And I'm sure our "CEO" didn't get rich off them.
They were probably pretty much a gift given to his brother/sister for long term hold.
Doesn't take a lot to open one, no... But, having a company name that has lasted for 130 says alot. A CEO with a resume like Tom doesn't come along that often does it, in the public eye quite often. This guy isn't in it to steal your money, I'm sure he's got plenty of his own. His business ideas, his growth prospects, he isn't about stealing your money, but the power and influence that comes from creating an empire, his empire that all of us will benefit financially from.
Do you realize how little they could put into opening new stores? The most they would have to spend is for shelving and a couple signs. They could get the shelfs full by those selling to them fronting the products, they could lease the registers/computer systems. It really doesn't take that much to open a department store, especially if already part of a chain.
With a little bank financing (10-15 mil), they could open 20-25 more stores.
Ya know... even if an area is "depressed economically" doesn't mean they still don't need the daily necessaties of life, of which these stores provide.
Yeh, they may not be buying $170 shoes and such, but is that the only thing Hacketts/Wisebuys offers? I could see Macy's having an issue opening a store there, but a regular or discount dept store?
I am new to this board, but have done alot of DD on SWVC as well as reading as many prior posts as possible. I do have a few complaints for some of you.
1). The shell had already agreed to the repayment terms prior to Tom getting the shell, even he has said that in an earlier email to someone on this board. It may have been smarter for Tom to go into this shell than to try to open a new shell and wait on everything (small share value loss now but gets business started much quicker so he can look toward big gains and increased share value later) Why? We don't know, maybe Hacketts deal was on a timeline and he needed it done NOW. We don't know that, we have to trust Tom on the reasoning. From what I have seen from him so far, I feel I can trust him.
2). There is only 732 mil O/S on this, which would put our Market Cap a little over 12 mil, this is looking at 25 mil revenue per year. This seems to be an low market cap per $$$ of revenue compared to a lot of companies out there.
3). The reason the pps is so low is because of all the negativity and everyone expecting to get rich overnight. They don't so they sell everything off and yell scam, scam, scam. If it was a scam, Tom would be like the "Sib Almaz or whoever" at GBDX (makes me sick to think that junk stock is trading higher than we are right now, but...) and his name wouldn't be Tom Scoffaza, it would be "John Smith or Henry Totoz" as far as any of you would know. Tom is very open with the public shareholders, him/his wife are public figures which makes him excellent for the position he has. Why would he scam us for 1.5 mil when he can get 30X's that by building this company using his brains and knowledge?
4). Tom has already done everything that he has told us he would do. He brought in WiseBuys. Maybe WiseBuys isn't making the profits, true, which is the reason he bought out Hacketts. To change the current WiseBuys over to Hacketts and have 9 profitable stores instead of 5 unprofitable ones.
5). If everyone would just chill, not post how much they are down, etc... Then this would open the door to new investors looking to buy in. All of the negativity is keeping new investors from buying into the "what you call a scam" because you are down. When people are running around saying "I am down $60,000" on this, definately scares others... especially when you made the wrong choice to buy in at .08, .05, etc. I feel the price per share should be around .05-.07 at the current O/S, but all the negativity I see daily is keeping new investors away and scaring the flippers/current longs into selling at .016
By the way, I first bought in at .0085, sold at .014, watched it go to .086 then got back in recently at .027. I am currently averaged out at .021 and feel I can still make quite a profit!
~JimsZ