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Okay, so why didn't they just R/S above 1 then? I would have been alot more comfortable with that because it shows that the R/S was done for a reason and not just to suck money out of the rest of us poor saps.
Wishful thinking is nice, but self delusion gets you no where financially.
ditto.
Ditto ditto ditto......
christ ... enough of this, i'm going drinking.
whats sad is it looks like its poor saps at Etrade and TD ameritrade buying ... =/ poor fellas ...
Here is what I love from this guy. Obviously they were looking to gin up some serious interest with this little gem of a PR and then had this R/S planned for a few days later. What a horrible horrible joke:
While we are in the early stages of merging our enterprises, and exploring a number of other strategic acquisitions, the possibilities we envision are already extremely exciting. We look forward to communicating with shareholders over the course of 2008 as we build what we believe could be a truly unique company for many years to come," Mr. Lott concluded.
Straight up scam =( this one looked good, smelled good, and they got us good.
Not I. I went through 1 R/S and learned my lesson there. I'm gonna go pick up some March calls for Citi group, reconstitute my losses and check this out AFTER the R/S is executed.
If I like it then, I'll pop back in, but I will never hold through an R/S again unless the purpose is for Listing / De-Listing, otherwise they are just straight up robberies.
At least I made it out without losing my shirt in this one.
Oh well, live and learn.
Forget this ... i'm outta here. This does NOT look good. I think anyone buying now is being completely foolish. Maybe after the dust settles from the R/S but EVERYONE who was just holding in here just got SCREWED.
Okay, now it looks like we are getting set up and ready to run.
This would be indicative of a serious gap up on monday, espcially if the ticker change news comes out after COB today.
This baby is gonna spike tomorrow morning! =)
The man has a point. Whats up Redsox1? Why didn't you use the crystal ball CORRECTLY??!?!??!?!
riiiight. good work, blazey. I did my part, now you shoulda done yours!
damn ... look at it go down now ... guess tldjr called it.
Oh you and your wiley pessimistic ways. .0051 it is then.
This tldjr fella has a good idea every once in a great while. Most of the time he is just pushing buttons all over the board runnin his mouth cause he knows he can.
Look guys, this stock, like many others had a nice little run and now its over.
Take the profits, and leave it behind .. don't fall in love with it. No one ever lost taking profits when they could.
Exactly. which is why we are going to see that slight dip in the morning, then i'm moving in with the profits from yesterday and going to ride the afternoon high off into the sunset.
We are already at about 1/2 the volume of say .. monday or tuesday ...
This baby is very young still. Should see a bunch more boardmarks soon.
so buy em! i'm not stopping you =) get em while they're hot!
this baby could sky rocket with the right interest ...
after a slight pull back, i think we could very easily see the upside of .03 today.
Keep looking away. maybe that's what works.
I saw two very large buys at .0085 about 30 min ago, looks like its consolidating and getting ready to seriously take off. Someone has taken an interest in this ... and why wouldnt they with the latest purchase order info ..
wow ... hope ya'll figured this one out by now.
If not, take notes. This is a classic case study. Seriously, you may feel like you are paying alot in the end, but you are getting a great education. glad I moved on.
Explain to me exactly why you doubled some elses money again? Based on the history I am seriously doubting that this is going anywhere good anytime soon.
I have seen no hard evidence that says anything else. No data and not a shred of real info.
hah. I smell a rat. I've seen his posts else where. He seems very intelligent but I highly doubt his 7 mill claim.
then again ... i suppose he might have. can anyone refute?
And how do you propose that the word gets out?
aite, everytime there is a small dip i'm adding now. I really can't believe this hasn't exploded yet. 1.1 million sale of 1 product? 1 order? That is HUGE!
Assuming these boys can meet all their obligations, this should go to 10c + easily in just a few months on valuation alone.
real products, real profits = really large jump in pps
Looks like the CEO and his buddy are also all over this Trey Resources company.
http://www.treyresources.com/management.aspx
what I find interesting in the whole thing is the similarity between their 'buisness strategy' and their prs for both. They both talk about the target industry as 'fragmented' and say how they want to bring it together. On the upside, looks like trey resources had some pretty nice profits.
On the downside, looks like any shareholders in the company got royally burned. hmmm....
Well, that was your pull back! Hope you didn't miss it. From here, looks like a solid base and moves up for now...
Nice big strong orders comin in now ... keep it moving up!!
Up and up she goes ... might be time to get the poor SWVC kids over here.
The continual mantras of 'Cornell is done' might be soothing for some but seriously distort the reality of the situation. Let's harken back to this little gem posted by cdnkid10 and reposted by investor911:
Posted by: cdnkid10
In reply to: None
Date: 10/27/2007 4:59:30 PM
Post # of 83019
Lowtrade, how about this DD that took me about an hour to calculate:
July 20 I/A as reported on filing 368,626,011
August 16 T/A reported I/A increased to 440,990,177
Difference is 72,364,166 at a conversion price of .00425 = Payment to Cornell of $307,547.71
Note: to come up with the conversion price I took the previous 5 tradings days LOWEST close price and applied the 85% discount per the CD. I did this with all of the following conversion prices also
Sept 12 T/A reported I/A increased to 496,688,075
Difference is 55,697,898 at a conversion price of .0051 = Payment to Cornell of $284,059.28
October 1 T/A reported I/A increased to 627,964,010
Difference is 131,275,958 at a conversion price of .0136 = Payment to Cornell of $1,785,352,72
As of October 1 the total paid to Cornell is $2,376,959
Cornell is more than done in these calculations and they are approximates so you can take a 5% error factor either way.
The last increase was an EVEN 25 million which means the last 25 Million was something else Tom was working on and it just may be the sale of shares to pay cash for the Wisebuy and the Hackett deals as he reported he now has cash ON HAND to complete both transactions.
Now remember, this could of been happening weekly but I used W/E numbers to try to simplfy the calculations!
Now how is that for some BAD A$$ Due Diligence.
See I concur with you, Cornell was done on October 1 and that is why the delay occurred on the 8K filing! Tom was waiting for them to get the hell out of his way!!!
Exactly what I said earlier today. At this point, it could go up up up, but first it must go down down. Unfortunately.
I'm glad I decided to take my swag and jump off the train today. Not listening to the pump was smart, in this instance.
Massive end of day dumping =( confirms no happy monday.
SWVC may go back up, but it looks like it has quite a ways to go down first.
As I've said before, though I don't post much, I've been here since the sweaty palmed days of the .005's and had a great deal of fun plus made some serious scratch as we rode the bucking trends. I've been in and out a few times with a few shares, but now the time has come for me to lock in profit and push on. It may go up, but based on what I am seeing here, the PPS is on a serious decline for the near term w/o any upside.
The sell preasure looks huge.
Biggest problem: Something just doesn't add up anymore. OS, debt and Cornell aside, why did they just release a PR entitled ,"Joe Ettore Agrees to Join Hacketts Board of Directors" ? Why? This information is already public knowledge. I'm not questioning management intentions or skill, but I am questioning the current situation and actions. Why release a no news, fluff PR right after you start getting your butt handed to you after the 10Q and, oh btw, you are still trying to clean up debt?
Anyway, there are smarter people than I, ones who will possibly hang in there and ride this down and then back up, but I, for one am locking in and clearing out. Actually cleared out a little bit ago.
Thnks for the convo and cookies, call me if it gets low enough to start heading back up.
PSYCHO:
My concern primarily rests with the dilution and possibility of r/s. Is that a real and present possibility here? This statement seems to point to that possibliity:
However, management
cannot assure you that additional financing will be available at all or that, if
available, such financing will be obtainable on terms favorable to us or that
any additional financing will not be dilutive.
Knowing that you've been following this one for a while, what are your thoughts? ((i've been around since around .005 days, so havent scared easily yet))
and I keep hoping for the little leprechaun to come and leave me a pot of gold while I sleep.
DISCLOSURE STATEMENT: The author of this post is still holding out of sheer morbid curiosity.
Bid 2.50 Ask 20.00 ???? 118 shares traded???
what is going on here?
Yes, unfortunately it sounds like an international shipping company.
We shall see what the week brings. I still have my shares, if only out of morbid curiosity at this point.
Maybe i'm just too young to thing, but I'm holding tight to my little bundle of shares hoping eventually it goes up a bit. For some reason, it didn't plummet to earth today ...
Well, this is interesting... and to think i almost pulled the trigger at .02 to get out ...
""My guess the calls to the Vodka company freaked them out and they realised what they were in for, all these headaches from unhappy shareholders. The most recent PR was really an attack on the board because he feels that that is who destroyed the deal he had in place. ""
I think this is the closest thing to the truth. The Vodka people most likely were interested in the spirits buisness and selling their product. They didn't enjoy / weren't prepared for the flood of calls / PR requests that hit them due to what was reported on this board. They subsequently got scared and backed out.
but my question is basically, where does it go from here? I mean, they did have that PR on 2 and 3 STILL saying at the end of it that the name /symbol change was coming and that the R/S was going to happen. So maybe they didn't back out, just asked him how to calm this down.
Ouch... c'mon man, the Vodka was tasty when i bought the shares ...