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Good Morning All. Looking for another postive day!
Big sell off..yeah right- Max. tax losses ......$3,000
Crook- Not to give you a hard time but Fenian32 has a point- if your long to a certain extent.... why not raise your buy .004 to .015 to buy your 2mil? ( i know it's your money but get in before the train leaves)
ocipio- How do we get GS Agri without any further dilution?
Soapy Bubbles- I appreciate the long well thought out response. GO SWVC
Dirt D
Did not know if there was something formally in writting that I might of missed in a filing that says something to the effect of what Soapy was saying.
Abby..I do understand you point.
Soapy B.-- How do you know that TS can't do private equity without Corn. being out first?
Good Morning SWVC holders
Late to the party today.
Hoping for a good day.
you might see the Focus name coming up in the next month or so..
Found some info on Joe Ettore- Interesting connections!!!
http://www.focusmg.com/Team/joeettore.aspx
chunky-g- THat's funny I just got off the phone with TDameritrade about this. Transfered money via ACH Friday. money showed in TDameritrade acct Monday. I was told monday to wait 3 business days but I called this morning and told them that I was told something else and the lady made an excemption and bought some more SWVC this morning. Just call them
crooked33 or anyone- Can you tell me the process for converting the debts.
Is this right:
Cornell calls up SWVC and says it wants shares for re-payment. Do they convert those shares immediately the day they are requested into the retail market or can they hold onto to them indefinitely.
xyz1002- Glad to have you back posting. I enjoy your insight. Dirtdealer
xyz1002- Keep posting. I think your post are very insightful and people should realize you are pointing out facts that some can not accept.
Then if that's the case that's just flat out wrong, unethical..etc. and should be illegal period
So is it plausible to think maybe there is something in the contract of these debentures that says "there is either a huge….huge….huge.. pre-pay penalty"…..which it would have to be huge if we are just talking about what I think is the Remaining balance of CD's of Cornell (around $470,000) or the contract says "only paid back through issuance of shares" ….Because to me if there is around $470,000 left of debentures and there is a possibility that the conversion rate is .001, that’s around another 470,000,000 million shares increased in our O/S. If you can get a LOC to pay off that $470,000, it makes a lot more since to do that NOW…rather than dilute the stock anymore.
Is what I’m trying to say making any since?
xyz1002- one quick question. Could the deal be structured in a way with the existing cd holders (Cornell) that the debt only be paid off through conversion of shares and that Tom COULD NOT PAY it off through cash (LOC) or any other means?
Just because Cornell knows they can make much more money through converting shares vs. being paid off early.
Thanks AZ..you seem to have a good grasp of this convt debt. These deals seem very technical in nature and a little hard to comprehend for some without a financing background...I start doing some more research on convt debt and see if i can comprehend them a little better.
AGREED!!. Thanks for all your work. It would be nice if crooked could be point person on getting accurate answers from Tom on this whole conversion thing.
yes please share it. I'm curious to hear his response.
crooked33- I tried firguring out the conversions based on the 10q and it did not add up to me. Someone's figures are wrong. i agree with you there is no way of converstions at .005 are right.
OK az_maverick- To which convet debt has the dilution been supporting. #1,#2, or #3 per you one post.
Your right...
Exactly WHERE IS HE GOING TO GET THE SHARES FROM?
Investor 911- might be a dumb questions but how do you retire the shares without buying them back?
thanks.
So AP. What is your take on the increase of the OS? I'm sure you said it before but could you refresh my memory.
crooked33- Agree 100%
I said that a couple of times on the board….Specifically regarding Cornell. How hard is it to give us an update? What is the logic behind not provided shareholders a clear explanation of share increases rather than having shareholders guess from convoluted 8k etc..
Does anyone have a good reason why Tom want update shareholders to this matter.
Maybe he could do a better job of informing the IR Dept.-A Hellman so he won't be overwhelmed with e-mails from stockholders. Wonder hard it would be to let IR know the proper response (that is up to date) for the many asking about the Cornell situation.
And if Tom was getting all these e-mail about Cornell he should have a simply reply: Contact A. Hellman at IR…..he has the proper info.
What is the IR for????????
Please Someone Explain the Big Blocks Pre-Market? Happen twice in past 3 days. Someone that really knows...
CentralNY1- Thanks for the informative post.
cdnkid10" That is exactly what I thought he has been doing after reading the 8k. When I saw the paragraph about conversion of shares .......Oct 1 at .02/12. etc.
I added some of the numbers and that it would give him enough cash to purchase Hacketts outright w/o debt.
Have not sold a share and not going too for a while. I finally believe that Tom S is a honest/sharp/savvy CEO that is going to make me and some of the other shareholders rich over the next 6mos-1year.
Great Pr: It's pretty obvious why the o/s has increases:
Tom just told all shareholders “Hey I’ve been selling shares to buy Hacketts.”
Smart man….Create the hype to make a liquid market for the past 2 months…..get s/p to a reasonable valuation… and sell shares to retail to get cash to purchase another business as fast as possible.
crooked33- I have to agree with you. An explantion by Tom of the share increases would satify a lot of concerns about the growing O/S with the investing public.
Can someone give me any insight in to where the Funds for the a possibble purchase of Hackets will come from-6 million dollars?
This might of been mentioned but in the 8k this portion Upon completion of the Merger, there were 450,099,879 shares of the Company's common stock issued and outstanding. In addition, there were 1,458,236 shares of Series C Convertible Preferred Stock issued and outstanding, which
could be converted into 274,491,461 common shares at the market price of $.021/2 on October 1, 2007.
The converted of 274,491,461 give them around 6.8 million for the purchase of Hackets. Could they have been selling them for the cash needed to buy Hackets since Oct 1?
Can someone shoot me the e-mail?...btall0611@charter.net
thanks
Nov 8th 1:24 pm
IMO.. PR right around close 2day. Wisebuys deal done. Then 8k after the bell so the investing public can soak up all the wonderfull info. that's going to be in the 8k through the weekend. Then we gap up Monday big time.
That's what I thought.LOL
Someone please explain this to me. It might be a dumb question but I'm trying to apply some logic behind those 10 mil trades.
Doesn’t there need to be a seller for every buyer? So if that was a 10 million share buy who was the 10 million share seller?
Or I’m I living in the land of OZ here in OTC world.