Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The likelihood of this stock seeing .16 is about the same as winning the lottery. You'll probably have a better shot with the lottery. My investment in this company would require a little higher value than .16 but I don't see that happening either. If by chance it does hit .16 it will more than likely be for a few minutes or hours, then fall back to where it is now. The only consolation is we can write it off on our taxes. Once again Ken prove me wrong, You haven't done it yet and I'm not alone out here. This my opinion based on this CEO & this company's performance as well as the company it was spun off from. Sadly these people can do this to the investors over and over. When a company does a Reverse split, it usually spells doom for the investors. In this case, Ken the CEO/CFO/President/Secretary/Treasurer and all other company Officers rolled into one, doubles the number of shares knowing he is going to do a R/S, telling us it will be within two years & I told everyone, it would be a lot sooner. Some kept saying, Ken won't do a R/S until he sells his shares , Duuuuuh, He owns the company, a R/S doesn't hurt him, he has all of the investor's money, his shares were worthless when he took them so how does he lose?
That would explain why there's no trading today & probably will not be until the R/S is complete & the change in shares is posted.
I'd salvage a few dollars if I sold it at 0001 but I'm holding & hoping for a miracle. I've been burned before & i'm sure I'll do it again. Like I said earlier, don't bet more than you can afford to lose. That brings to mind another saying. The less you bet, the more you lose when you win. I get irritated with CEOs like this one whom promise the world knowing they can't deliver. I can't & won't defend a B/Sr. I call it like I see it. I take my hat off to Veteran Trader for being so observant. It would be nice if the SEC would step in and put a stop to companies bloating their shares & then doing an R/S. They should be put out of business. Unfortunately what they do is legal and ethics is not part of their vocabulary. Oh and if I'd been flipping I could have made a ton of money early on. I believed this CEO and company were going somewhere but the more I looked, the worse it looked. Too late now!
Thanks TT, I don't do this very often. I'm still holding for what it's worth. GLTA
I certainly wouldn't buy it.
Pretty simple, Some folks are trying to salvage what they can.
Sorry if I offended you, You're right there are people in these professions with integrity but they seem to be in the minority. Today's mentality seems to be, I'm getting mine & I don't care whom I hurt doing it. The thing I've witnessed with Kharma is the evil people whom it comes back to are too stupid to recognize it. I was raised with Do unto others as you would want others to do unto you. I also live by expect the worst & hope for the best, I don't get disappointed. We may still come out O.K.. Good luck everyone!
I expected a 10,000 to 1. Maybe he has a little conscience. His mentor Jerry Mahoney didn't. For a short while I believed in Ken & gave him the benefit of the doubt. He is no longer an attorney for a reason. One of the PRs said he is a retired patent attorney. Well attorneys, politicians, used car salesmen & today realtors fall into the CON ARTIST category. I don't know how many of you believe in Kharma, it means what goes around comes around or you reap what you sow. We don't always get to see it but believe me it happens.
That is possible but if he follows the pattern of his predocessors, it will steadily drop until it is back to next to nothing, Usually within two weeks. I will get burned along with the other longs but that happens with pennies. The flippers made money with this stock & I can't comdemn them.
Good job VT, We know where this company is headed, that's why these stocks are so risky. Like the old saying goes, Don't bet more than you can afford to lose.
It probably went looking for the other things that haven't materalized. This gets more amusing every day.
Yup, Just like when the pumpers keep repeating the same news week after week obviously trying to suck in some more unsuspecting newbies. I can't say it enough. Anyone that does DD can see right through it. I hope i'm proven wrong about this company but nothing I've seen so far indicates I am.
Hey VT, No trading of this stock today HMMMMMM....., Doesn't look good. I love it when these pumpers keep denying the facts as history has shown them. Um, how many months have passed with lots of RETHORIC and ZERO meaningful accomplishments. No money coming in except for us bagholders who bought this stock and the newbies who don't know any better. So Sad but still hoping for a miracle. GLTA
Hey VT, I've had this stock probably longer than anyone on this board. IMO this is a dog that won't hunt. Anyone that does DD won't touch it as you can see by today's trading. I saw where someone posted 30 of ken's patents but I didn't see where any of them went anywhere. The people trying to pump this stock are probably trying to get it where they can dump their shares & recover their investment, GOOD LUCK FOLKS! Patents are great if you can manufacture & sell your product or sell your patents but if the're not worth a flip, you can't make money with them and if your company can't make money, Smart people are not going to buy your stock. Getting the Cavaet Emptor removed proved worthless just as all the PRs did. The deal with Dr. Alain Martin seems to have vanished if there ever was one. I'm still in, hoping for a MIRACLE.
Then why did he add 10 billion shares & then say R/S within 2 years ? The R/S will be a lot sooner than you think & probably a lot more than 1,000 to 1. IMO & My experience.
Hi Niko, You & I have been reading the same book. The letter I received was to Non consenting shareholder which means, I'm going to stick it to you because I can. I went to the Jerry Mahoney school of how to SCAM THE SHAREHOLDERS. Ken's Green company is GREEN for him thanks to OUR wallets. I've said this before. An R/S only benefits the company owners. Some try to defend Ken saying he can't sell his shares & he wouldn't benefit from an R/S.If he wouldn't benefit from an R/S, WHY IS HE DOING IT ? His shares were worthless when he took them, he can't lose what he never had. I have been a shareholder now bagholder since this company's inception. In my opinion the people pumping this stock are trying to recover their investment or flip it. In either case I can't blame them. It is very frustrating reading the comments of some on this board defending the actions or inaction of this CEO. This is a one man circus. At one point I had faith in Ken but time has shown me otherwise.
I have TD Ameritrade & mine just changed today from SSWC to KNSC. Strange, no trading today yet. With the shares so bloated, I don't see this going anywhere. Anyone that has been following this company & the one it was spun off from, won't touch it with a 10 foot pole. Some people will say I'm bashing but the history speaks for itself. You don't add more shares to a company whos shares are virtually worthless if the future looks bright. You do things to increase the value of what you have to make them more attractive. Ken's tactics are typical of whta CEOs do to get as much from us SUCKERS/SHAREHOLDERS as they can before they go BELLY UP or do a MASSIVE REVERSE SPLIT. I'm holding as I have been for a long time & hoping for the best. GLTA
Do you hear that big FLUSHING sound? That is OUR money going down the TOILET !
In my opinion, Ken can & will R/S because what he holds wasn't worth anything when he took it. The people actually buying this stock are paying the freight. Once there are no more buyers/suckers he does a Massive, 10,000 or more to 1 R/S, lowers the number of shares, keeps the price down, PRs more B/S making them attractive to NEW buyers/suckers and those of us long term buyers take a major HIT. Like a quote attributed to the late P.T. Barnum, "There's a sucker born every minute". I believed in Ken after his 1st interview but his performance or lack thereof has shown me different. His second interview was pure B/S. A major component to boost SSWC was the association with Dr. Alain Martin. It appears this doesn't exist either since nothing has been forthcoming for months. Several others on this board have made valid points about the nonperformance of this CEO. B/S will only get you so far, then the bottom falls out which is what is happening now. I hope for the best for all of us but expect the worst & I don't get disappointed.
You're right about an RS except it will be more like a 10,000 to 1.
YEAH RIGHT! Maybe you can find a fish to bite on the few million shares you probably bought @ 0002 & will be glad to dump them @ 0004. You don't have to be a rocket scientist to see what's coming & it won't be good for us Suckers/Shareholders. Prove me wrong Ken, So far you haven't done it!
You are probably right although I expect it will be higher.
Dingo, How is he going to hurt himself. He already has all of our money. His shares were worthless to begin with so he's not losing, he's gaining. He takes our money, does a MASSIVE R/S & we're left holding the bag just like his predocessor Jerry Mahoney did. You need to remember where this stock came from & Ken was part of that company. Once again I hope I'm wrong but at this point, I'd say THIS DOG WON'T HUNT!
I listened to Ken's last interview, All I heard was more BS. After Ken's 1st interview, I had high hopes, However based on the performance, past & present of SSWC i'm very skeptical. It is not a matter of if a reverse split comes, it's when. It will be in the thousands to one. The only ones that benefit from a RS are the company owners. I looked at the online store & I thought it was pretty good. Given the number of shares both restricted & non, There are far too many for them to gain much value. This my opinion based on my experience & observations of pinkies. Ken has a long history of great ideas but he is trying to do it all himself. Ideas don't translate to profit unless you complete & market them.
I have to agree with you Fred. I had hoped SSWC would be further ahead by years end. With the number of shares out, I don't see how we can avoid a reverse split in 2011. As I said several weeks ago, the only ones that profit from A R/S are the owners. Ken may have all good intentions but the road to hell is paved with good intentions. Merry Christmas to everyone, Hope for the best, Expect the worst, You won't be disappionted. I have had SSWC since it was spun off from IVOC so I guess you could call me A long. GLT ALL!
Thanks day & RD, Let's hope it's not a missprint, This company has far more potential than it's predocessor. It's moving at 3s now, that's a good sign. GOOOOOOOOOOOOOOOO SSWC !!!!!!
Where did you see the CE removed ? share the link please. If this is true, SSWC should take off VERY SOON. I feel many people have been watching, Us long haulers have been watching anxiously, This would be a GREAT christmas present! GLT EVERYONE!
It was on topic & on target, That's why it was deleted. It was about SSWC & what the MANIPULATORS are doing to it. That's why my followup was not posted.
GOOD JOB! I'm surprised that even got posted.
I am a long hauler too. I've has this since it was spun off from IVOC. I'm not as deep as some of you. Ken's interview restored my faith in SSWC but with all the dumping that's been going on, it's looking more like a big RS is in the offing and that is generally not good for anyone but but the owners. I'd like to think Ken is a stand up guy and not one of the biggest SNAKE OIL salesmen of all time. My guess if if nothing positive appears by months end, we are in deep DODO.
From Ken's interview it didn't sound like he is interested in a buy out. He's had lucrative offers for buy ins & didn't go for it. He's not ready to retire yet. This is his baby & I think he wants to see how big it will get. Of all the pinks I've had, this is the most promising. I think when it comes, It'll come quick.
Looks like the flippers are holding for a big bump.
I listened to Ken's interview. I was EXTREMELY impressed. Ken erased any doubts I had about where this company is going with him at the helm. My concern is Ken is trying to do too much himself & he will burn out. He is very well spoken and a brilliant person. As he said the short term gains will be small. I wouldn't be surprised to see this stock leave the pink sheets by the end of this year or early next year. I can't believe he's not a billionare.
Good close today! Let's hope it keeps going NORRRRRRRRTH!!!!!!! GLT all whom hung in for the long haul.
MEA CULPA everyone! I had it bassackwards. I just went back & reread the release, This does appear to be good news, time will tell. GLTA
Ken's NEW company which is PRIVATELY held is buying SSWC which is PUBLICLY held (traded) (us). So when a PRIVATELY held company buys a PUBLICLY held (traded) company, what usually follows? We'll know soon enough.
No you are not missing anything, That's exactly what it says. I'm playing devil's advocate here. Ken can change the symbol,SSWC can cease to exist & our shares become worthless. In an earlier posting, Ken stated that SSWC would be absorbed by Kenergy but the symbol would remain SSWC. Someone correct me if I'm wrong. I have been burned several times by these pumped up pinkies, but I keep buying them hoping for a BIG ONE. GLTA
That would explain Glynn's reply when I spoke with him several months ago & asked about the then proposed reverse split. He said it would not happen for at least a year if at all. I agree Ken has put forth some fantastic ideas but that's all they are. Until something is on the market & being sold,generating revenue, this will stay in the toilet. Just one good event will set this stock off. GLTU
This is the same scenario that Jerry Mahoney did with IVOC which SSWC is a spinoff from. Dump their shares, Do a reverse split & instead of shareholders, we are bagholders. The flippers are the only ones making any money, They appear to be smarter than the rest of us dreamers. Some would say I'm being negative, I'm realistic but still hoping. We all need that GOOD LUCK!!!!!!
Don't we all?