Trade your own trade. Not someone elses'
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Now you know that's not true! Ombama would have them all out snipe hunting!~
I think he's doing just that!
At least these guys own their own stock! Unlike SWVC! I don't know how many have crossed over but I think there are several on this board.
It's getting ugly all right! Not sure what to make of it.
any basis for that assessment?
What's the hurry to R/S? Have you noticed the share price of late? It's going to happen. What's the hurry? A basket full of these shares won't let you buy off the Dollar menu at McDonald.
I think that's what we've done!!! Go, SWVC I love the way you! ____ __!
I know that. Preferreds trump commons. Commons can be BKd off and the preferreds still remain! GENIUS!
I suppose as others have stated. Tom has to finish the dilution.
Tom traded to a stock issue that had standing! He helped himself. The only way he helped you is if you coverted to preferred.
That's my experience as well.
I certainly hope you are correct!
It just keeps getting better doesn't it!!!!
Now if that doesn't sound like a hail Mary I don't know what would! LOL
Yeah, I'm bothered . I think most reasonable people who watch their investment decimated by dilution would be concerned. I'm down 95% +. If that ain't taken one for the team I don't know what would be. More, than not are in my shoes,So I don't believe that I'm out of step here one bit!
Well, I hope your DD is correct! I see I was silenced because I dare compare the common share hold to the perfered share holder that has all the rights? Doesn't get any better than that! LOL
The ground floor? You've been diluted to oblivia and the prefered have first claim while the commons have non. How many commons doest Tom hold? How many prefered? If they enter chapter 11 the common will be wiped off. If they continue to dilute they effectivly do the same thing. I'v donated three grand to your Buddy TS! LOL That's all he's getting from me!
I'm not angry. I'm concerned at this point because most of the insiders hold preferred as opposed to commons. The commons have been decimated. The preferreds haven't. I certainly hope your right. I've only lost 3 grand. Many have lost a hell of a lot more than that to this point.
I don't understand your logic? IMO smart money won't touch this till they know the full extent of the fallout of the R/S.
As a rule price continues to fall after a R/S
Given the avalance of dilution that has occurred over these last 10 months. With SWVC using the R/S verbage in their SEC filings. I would say that it's would be a major stretch to NOT have a R/S. Had it not been their intent they wouldn't have brought it up. jmho
No guarantee of R/S? Your kidding right?
LMAO how funny. anyone on this board owns common. You will not participate in prefered from a broker. Most prefered is issued through the company. Most of the time it's handled privately.
I know why and it telling in my opinion. The commons can be written off. The prefereds can't be. Not only that they are secured as well.
It should certainly tell us something.
Here's my problem todate with SWVC.
1. The dilution here has cost the existing common share holder 95% + of there original investment.
2. We are now going to be hit with a R/S. To me this is SWVC acknowledging that yeah we pummelled the common share holder. We as share holders to date have no idea how much more dilution will go on after the R/S. Of course I predicted this to the disbelief of others.
3. Yes, SWVC has obtained what many believe to be assets with value. I don't see at this time how that relates to the common share holder. Because the company hasn't really said how things are going to work.
4. Many of this board think Tom will waive a magic wand and make everything ok. To this point I think his waiving could be good bye. SWVC could go into BK and wipe every common off. They can't do that with the prefered.
So, while I'd like to be postive about this investment right now I can't think of anything that would go into the positive side of this equation right now.
I would like to hear from a poster that can site similiar situations like this one that worked out in a good way.
At these levels I don't know why you would bother? I'm going to hang around to see how this all plays out. Hell, I can write 0 off as easily in December! LOL
Well then you should have no problem with me. I'm objective. Please lay it out. Where is positive anything in the documents. IT AIN'T THERE BABY. Show me positive comment. show me explanation. It don't exist inho.
The problem here is that we have very little to base a positive opinion on. I would say to this point it's 85% bad and only 15% potentially good and that is questionable. The proof is going to be in the pudding. If the trend doesn't improve there will be absolutely no market for this stock. I mean my 3 grand is now 145 dollars! LOL I hate to think about those who place untold thousands into this investment. Today the market has been right about this. To say Dilution has been distructive is a understatement.
NOW, I await some optimistic soul to tell me how I'm not seeing this correctly. I eagerly await the explanation. No need to council me as I'm ok either way, but many aren't. At any rate please respond with facts not fiction. The sp doesn't read fiction.
That's right.
My only point here is that we just don't really know. We could use some straight speak in my view. A this point I think the questions out weigh what we know.
Well, I now know of two. But wouldn't you agree that is the exception and not the norm?
I can't argue that. If I want to get my money back, I need to buy the diluted shares and flip. I'll give that some thought.
I would agree. Most longs are like me, they don't know what to think.
I guess my only comment would be that owed and having ownership would be two different things. Owed sounds like a note that GS is not paying on. JMO
If that be the case, what is the current status? Knowbody seems to know.
As you stated it was a personal loan from
Tom. What does that have to do with SWVC?
Had it been SWVC it would have said that.IMHO
Please, anyone. Show me one positive thing to this point? Right now I don't believe that it exists. No speculation, No what if and no I trust Tom. I bought in based on that because the passion and conviction was so great. Now many of those have disappeared. Many have had their financial asses handed to them. No crying over spilt milk, just fact.
Perhaps seaway bought the debenture is speculation at best. If that were the case it should be of record. Secondly the 250k loan payback went where? I don't think we know. Correct me if I'm wrong. I'd love to be wrong.
I would agree with you, except you have no proof that dilution won't take off again. Again, I've seen several R/S on other issues and I'm not encouraged. I would gladly settle for being wrong. I might actually might make some money here. But like I said. The reality of the R/S is not promising.
I can't explain much of what SWVC has done. The legal speak is very effective in confusing issues. I think there is a reason for the legal speak. It's not in the common share holders interest.