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.
I have been in this thing for over 3 yrs, I have a boat load of pan pacific that were paid out a while back; sorry to say this guys but when it spikes I see few million and buy back when goes little lower; don't have lots of funds available; just started a cigar store here in South Carolina so funds little tied up,
hopefully price stays this low, added 2.3 mill today bringing total to 7.45 mil waiting for run to over .02 to sell
It's up 1.75 percent today. I will see how it will react till close. and if the bottom does not fall out i will invest into it tomorrow mourning. If it does steadily go up you can tell it has great support at all levels!
I agree with you all the way. I sold this stock at .74 and I bought on average at 1.20; don't get me wrong on the upward climb i did buy and sold the stock 4 times so I made decent money in it. But on average I lost about 15% OF MY INVESTMENT. A lot of us get in a company like this hoping it will make great progress to the point that we will make 40-60% return. I sold it off because it has flat lined. The market is so volatile right now i have been buying MSFT, HD, KO, PEP, CSCO, and other big cap companies. Because they are swaying 5-8% every 2 days so you can make very good money buying them right now. For those sticking with this stock best of luck to you guy I really hope this stock in the long, long, long, run gets over $2, but as far as right now i don't see it going anywhere.
time to flush this turd of a stock. there is no way it is going to pop back up. I went and did a little research and discovered that 90 percent of the profits are being distributed between the sens brothers. Unless they stay up 24 hrs a day there is nooooooooooooooo way they can truly turn this company into a big sucess
thanks for the info bro
LOL either way you look at it this stock is going down. I found out that trump vodka will come out with 3 new flavors before the end of the year, but no telling how that will help this stock. The only way this stock will survive is if a big investor decides to get in now which will shoot the price way up and others will follow suit and then the investor will take the profits and head out bringing up back to this pps
Wait... wait... yes I think i hear it, the same music from the violins that was played when the titanic sank. It will take a lot to bring this sinking ship afloat!!!
Are you sure u got it for $1.99 maybe $11.99 my wholesale price for old whiskey river is $16.80 so if you picked it up for 2 bucks that is great. You should go and get the remaining btls I will give you $10 a btl
I don't think trump is going to do much. I own a liquor store at first people were intrested but now the novelty has worn off. One it is much higher in price compared to grey goose (2-3 dollars) second most people did not like the after taste. I keep willie nelson (old whiskey river) only sell 2 bottles a month (my retail sales are $600,000/year) I use to carry TV but it is the nastiest stuff in the world (guranteed to give you a hangover (feel like you have a truck parked on your head the next day)) I am still holding the stock for a possible bounce back. Hopefully they will come out with decent news and the new cognac should give it a pop up and that is the time to get out!
Any guesses as far as is a comeback is possible with this stock. Or will we ever climb back into the 1.50 range???
I think i might have to figure out how to short some stock too. I have lost a bundle in the crappy market in the past 3 months.
Well on second though i might buy some right now since it has gone up a little; and then sell it when it goes lower thus losing a lot of money in the process. This is a speculative stock. I cant believe that people are selling it off and taking such a loss!!!
I will buy some more when it hits .45 the way thinks look it might not be far away
Any idea when company will post any info on earnings or approval on 50 states
I own a liquor store here is south carolina. The deal i get is buy any case 750 or 1 liter size and i get one bottle 750ml free
WHOA what happend to this stock. I last bought this one at $1.40 and bailed out at 1.20 I will buy some if the price is this low on monday!!
I really hope we have hit the bottom. I think I am having a minor heart attack every day for the last 2 weeks. I really hope this stock turns around. I am praying that they come out with some positive news next weeks as far as the 50 state approval. Also, if they give a pr like that how high could the stock bounce back on that one day ($2 range???)
I really hope we have hit the bottom. I think I am having a minor heart attack every day for the last 2 weeks. I really hope this stock turns around. I am praying that they come out with some positive news next weeks as far as the 50 state approval. Also, if they give a pr like that how high could the stock bounce back on that one day ($2 range???)
Is a PE ratio of 26.67 good????
damn man how abt throwing some of that change this way
129633 shares were traded on 7/20 it went up 7 cents I wonder if we have a couple more of these spikes more and more investors will jump in for a chance to make quick money on a bounce back up. This type of company is a sound investment due to the fact that they own the stream so the water is free. and the major cost is the bottling and distributing.
I think the company needs to put out some more info as far as who all is involved in the company's daily business. A lot of people run when they see that "two people (sens)" are supposedly running the company.
nah i don't think that will happen! Even if the price will drop to 70 cents they keep the damn bid at 79 or 80. I think people who want to sell this one are mostly out. from here on in I think we just need a spark to get this one going back up
thanks for the info man. I have been in this stock for 4 months. I wanted to find out how often does the company put out Press releases as far as the progress of the company. I have 23550 shares that i got for $.14 cents so $3,297 right now at 11 cents I have 2590.50 so a total loss of 21% I will keep holding it because I am in no hurry to sell. I think if any publication or firm talks about this company we will easily get this one in the 15-18 cent range again
Sure man, why don't u refinance your house and buy as many shares as you can!!
I ran across this today. The company sold off many shares to private investors on the 17th at .85 cents a share. I am wondering what will this do to the stock??? they sold 1so many shares where is the money going someone please give me some feedback on this info
CALCULATION OF REGISTRATION FEE
Proposed Maximum
Proposed Maximum Amount of
Title of each class of securities Amount to be offering price Aggregate Amount of
to be registered registered(1) per security(2) offering price Registration Fee
Common stock, no par value per
share(3) 6,000,000 $ 0.85 $ 5,100,000.00 $ 545.70
Common stock, no par value per
share(4) 4,304,332 $ 0.85 $ 3,658,682.20 $ 391.48
Common stock, no par value per
share(5) 1,575,000 $ 0.85 $ 1,338,750.00 $ 143.25
Common stock, no par value per
share(6) 1,725,882 $ 0.85 $ 1,466,999.70 $ 156.97
Common stock, no par value per
share(7) 887,400 $ 0.85 $ 754,290.00 $ 80.71
(1) Pursuant to Rule 416(a) of the Securities Act of 1933, as amended, this registration statement shall be deemed to cover additional securities that may be offered or issued to prevent dilution resulting from stock splits, stock dividends or similar transactions.
(2) Estimated solely for the purpose of computing the amount of the registration fee pursuant to Rule 457(c). For the purposes of this table, we have used the average of the closing bid and ask prices of the common stock as traded in the over the counter market and reported on the OTC Electronic Bulletin Board on July 14, 2006.
(3) Shares of common stock to be offered in connection with an equity line of credit arrangement.
(4) Shares of common stock being registered for resale that are owned by certain selling shareholders.
(5) Represents shares of common stock being registered for resale that may be acquired upon the exercise of stock options by certain selling shareholders at exercises prices ranging from $0.50/share to $2.00/share.
(6) Represents shares of common stock being registered for resale that have been or may be acquired upon the conversion of Series A Convertible Promissory Notes due 2009 at a conversion price of $0.85/share issued to certain selling stockholders named in the prospectus.
(7) Represents shares of common stock being registered for resale that have been or may be acquired upon the exercise of common stock purchase warrants at an exercise price of $0.85/share issued to certain selling stockholders named in the prospectus.
The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until this registration statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.
The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is declared effective. This prospectus is not an offer to sell these securities, and we are not soliciting offers to buy these securities, in any state where the offer or sale is not permitted.
PROSPECTUS
SEAWRIGHT HOLDINGS, INC.
This prospectus relates to the sale of up to 14,492,615 shares of our common stock by our stockholders. We are not selling any securities in this offering and therefore will not receive any proceeds from this offering. We will, however, receive proceeds from the sale of securities under an investment agreement that we have entered into with one of the selling stockholders, Dutchess Private Equities Fund, L.P., which permits us to "put" up to $5,000,000 in shares of our common stock to Dutchess Private Equities Fund, L.P. Additionally, we may receive funds from the exercise of warrants and options held by certain selling stockholders. All costs associated with this registration will be borne by us.
The shares of common stock are being offered for sale by the selling stockholders at prices established on the Over-the-Counter Bulletin Board or in negotiated transactions during the term of this offering. Our common stock is quoted on the Over-the-Counter Bulletin Board under the symbol "SWRI.OB". On July 14, 2006, the last reported sale price of our common stock was $0.95 per share.
Dutchess Private Equities Fund, L.P. and Jones, Byrd and Attkisson, Inc. are "underwriters" within the meaning of the Securities Act of 1933, as amended, in connection with the resale of common stock under the investment agreement. Dutchess will pay us 95% of the lowest closing best bid price of the common stock during the five trading days immediately following the date of our notice to them of our election to put shares pursuant to the investment agreement.
THIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. YOU SHOULD PURCHASE SECURITIES ONLY IF YOU CAN AFFORD A COMPLETE LOSS. SEE "RISK FACTORS" BEGINNING ON PAGE 11.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
Great volume today, I am glad that lot more people are getting in now at such a low price. I am hoping for a bounce back for $1 plus
Thanks, but do me a favor dump out the water and fill it up with some vodka. I need a drink very badly. If this thing goes farther south I would have lost a lot of $$$$$$$$$$$$$$$$$$$$$$
I am so frustrated. If this sucker ever goes back to the $1.30 range i am bailing out where i got in at and never looking back. No earning reports. No news on future expectation (financially) they are not backing up the company in a financial sense. Any body can say "we are look towards the future" we need info as far as market demographics and where they are selling these bottled water.
Yea its just frustrating; If they have bad new or good news they are still obligated to release it to the shareholders. I am so mad because the volume has gone completely down. I feel real bad for the people that loaded up on the shares when they were in the 20 cent range. I bought in the 14 cent range so if i want i can bail out. But i will hang on to it. But one thing i can guarantee if it does go back up I am getting out at 14 and never looking back
Thanks for the info man, i really appreciate it. But i am way too deep into this stock to completely bail out. I sat down last night and I have total of 24,240 shares at the average price at ~$1.33 If I sell right now I will be taking a loss of $8,000 (24.5%) I will hang on to the stock. I am looking at a rebound on good news. Or, If the stock price gets low enough a possible buyout.
Thanks for the info. I believe that this company will go up. It might be a couple of months before some real movement. And great prediction that the stock will still be under the dollar mark. I did pick up a couple of shares in the past week but not too many. I found out I got accepted into grad school next year so will be investing my $$$ in mutual funds to keep it a little bit more secure.
I would love to see this stock go back to the $2 range; but i believe people have been selling the stock off due to that lack of news, as far as earnings, and how much funding they have on hand. The thing i can't figure out is why is the ask and bid so far from the stock price. No wonder we have big swings everyday over 10-15 cents. I wish they would have the bid and ask within 2 cents of the current price
WHat is going on with this stock It has completely flat lined. I am still hopefull and holding my 24k shares that i bought at $.15 they have to release news eventually; for a company in the health industry I can't believe they have not come out with their progress.
Ahhh come on baby don't be like that. We have had good times don't be so mad. Enjoy life a little, and don't take eveything to heart
Whatever man. Do you even own and SWRI shares. You keep focusing on the negative all the time.
Well it's cool I picked up 7500 shares today around the 95-96 cent range so hopefully it will kick back up into the 1.20-1.30 range in a couple of weeks!
Well finally happened today all the people who got in at .85 cent range took their profits and headed out. I hope this will allow this stock to steadily climb back up. I believe i might have had several heart attacks from the stock swaying so much over the past week and a half.
OK WHO WAS THE NUMB NUT WHO SOLD 1600 SHARES IN THE LAST 20 SECONDS BEFORE MARKET CLOSED THAT DROPPED THE PRICE DOWN 4 CENTS? I AM JUST WAITING FOR THIS ONE TO START CLIMBING SHARPLY (10-19) CENTS