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Wow, SWHI went no bid. I thought this had the makings of a nice bottom bouncer (low floater with a story percolating on the back burner). I snared 2's and reluctantly bailed at 3/4 when the foot dragging/no follow through became too much.
I loath having my $$ tied up in a pos that just sits there like a sphinx, but dang I didn't expect a no bid on this one. This showcases what a giant toilet the OTC has become. The penny season was non existent this year expect for a few sparse runners. Best of luck to those still holding. Hopefully the cretin at the helm will pass the reins to someone who has a clue how to run a pink. Watching from afar for now...
A summary of the 8K, with pertinent spelling "mishaps" highlighted. We've all been guilty of errant typos, but this is "bifficult" on the eyes...lol
“To our Shareholders:
The purpose of this letter is to provide some answers to most of the relevant questions that have come to ss,..
RKO Resources Inc. is a currenwly Nevada domiciled corporation...
During the past two years, in view of the difficulties of the mining industry and of raising capittl for mining exploration...
Our primary obstacles have been our business model, our hxisting debt, and our capital structure.
The mining business is capital intensive, with significant time lags between initial outlays and suysequent cash flows.
We hate incurred significant debt. While we were able to raise funds during 2009-2012, our debts expanded at a rate that was unsustainayle.
At this point, it has become bifficult for a new investor to come in behind so much convertible debt and so many shares outstanding.
In order to begin to rebuild we must rework our capwtal structure and clean up our balance sheet. We must change our business model to one that can generate near term cash flow and rjquires only modest amounts of capital.
These consultants bring strategic and fxnancial resources to the Company and have funded some of our corporate obligations.
I t is our intention to catch up on our filings with the Securities & Epchange Commission as quickly as financing allows.
We hope to attract hwgh caliber management as we reposition the Company in the coming months.
Sincerely,
RKO RESOUBCES INC.
Name: Henry Riedl
Title: President & CEO”
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10548578
Oh please, we all know these pennies run on tall tale pumps. That's my point, I don't see any tall tale scenarios here...only a vague business plan.Like I alluded to, there is no low float to add fuel to the impetus of a tall tale pump. Thus,the question remains...What am I missing here other than a vacuous pump from a forlorn penny trader on a message board?
Don't project the Penny Savant aficionado...you ain't fooling no one. I trade pennies for the same reason any other individual does...for the multi bagger pump! Sometimes there's a well crafted tale to bolster the pump. Add a low float to the well crafted pump and these are the tickers that pull 20 bagger + (been in a few). That's why I inquired about your unsubstantiated 30 bagger prognostication (thought you were privy to something I wasn't gleaming off the disseminated info). What's the float on the ticker or do you even have one iota of a clue? A low float would go a long ways towards bolstering your 30 bagger projection.
Projecting a 30 bagger on this ticker is wholly unwarranted from the current disseminated information. At least back up your projections (RM with some powerhouse, deal with some beverage giant, low floater...anything that would bolster your premise).
A vague business plan doesn't warrant a 30 bagger stamp, at least without the impetus of a low float. Yes, this ticker will most probably be pumped coming up to the unveiling date in May (good for a few baggers if the pump is strong enough). However, I fail to see a 30 bagger pole vault based off the current available info. That's why I inquired if I was missing something.It was a genuine inquiry on my part, but your flippancy tells the tale.
"We will update the Company Profile at OTC Markets by February 19, 2015 to align all of the currently available public information with this site. "
So they updated the OTC website to reflect that they may venture into Nutraceuticals and the Beverage biz. Oh, and they also relayed that they had 1 employee?
Employees 1 a/o Feb 17, 2015
The share structure has not been updated at all and reflects outdated info from 2012. Surely the SS is easily discernible to the CEO, so why not be more forthcoming?
Shares Outstanding 1,033,686,396 a/o Oct 31, 2012
Float Not Available
Authorized Shares 2,010,000,000 a/o May 17, 2012
The SS is probably close to being maxed out, so either they will raise the A/S or do an RS. I initially thought this was coming off an RS (recall this ticker from 2 years back), so assumed it was a freshly minted RS play. Such plays can be lucrative due to their initial low ss if snared at the bottom levels.
I don't see a recent RS here, so clearly the low ss check mark goes out the proverbial window. At least there does appear to be something afoot behind the scenes, but I fail to see the validly of a 30 bagger projection (there's no low float and only vague info pertaining to future plans).
The management themselves readily admit that plans won't be unveiled for up to another 2 months "This website will sunset on or before May 12, 2015, as we bring forward our new business plans". There is certainly no urgency to leap aboard a ticker that won't be unveiling biz plans for another 2 months (an eternity in pos ville!).It will be interesting to see what they'll roll out in 2 months, but this appears to a non mover for now. Am I missing something here?
In for a Spin;).
Speaking of gaps...DIDG gapped from .0008 two weeks ago and pulled a pole vault to .0049. She has spent the past two weeks retreating back to her initial gap (the .0008 gap finally got filled yesterday). These pesky gaps always strive get filled, so that .0025 gap fill is a given.
In addition, the volume here the past month has served to purge the seller (must be at the tail end here). This in tandem with their recent agreement with Amazon Web Service has created the impetus for a sling shot move.
Yep, Dr. Agnes is a thick ole gal...she's been a piggy at the trough....
Agnes, back away from the trough already!...
http://www.acnease.com/dr-agnes-founder-ceo-of-herborium-group.htm
Grabbed some yesterday...like the potential here with the past history of mega runs and the low float (a few hundred million is my guesstimate).
HBRM has been stifled with prolonged dilution, so the dam is on the verge of breaking. Watch out for the swoosh when the dam breaks due to the low OS/Float (heck the A/S is only 950m...peanuts in posville). The news today adds impetus to the dam break;)
Dang, so much foot dragging with the news here. Great ss, but needs that all important news catalyst. Hope the 2's hold as SWHI is still up from her lows. I don't count the trip 1's as the low, as only ~11m traded there, so wouldn't bode well to crater back down to the 2's again. I see more cratering than running on these tickers this penny season:(
The Puppets are stuck in traffic;)
You do realize you're playing the penny market...lies and skulduggery abound;). The CEO you are so willfully admonishing is just a figurehead of the company. The registrants of the SWHI domain name are outside entities. Norman turned over the reins awhile ago, but the wizards behind the curtain needed time to get things in motion...hoping to see the "big reveal" soon.
I made a pile of dough from Dec-April and took my leave in June when the penny market dried up (wasn't going to give those gains back in the doldrums that followed). A hamster running across a keyboard could have made $$ last penny season, but even the most snazzy trader couldn't make much after May. I've been busy with various projects, but I'm back for this year's penny season festivities;)
SWHI looking ripe for an RM!
I don’t know if anyone noticed, but it appears none of SWHI’s officers are the current registrants of the the SWHI domain name. The current registrants are outside the company.It also appears they’re involved with some private companies, so it does bolster the credibly of those SWHI RM rumors.
Rumors are nice, but they’re akin to having Pigs feet for dinner when unsubstantiated. I like me some T Bone with all the trimmings;)
Outside personnel, Scott Forsythe and ROBERT CLARK are the current owners of the SWHI domain name. What does this snippet of info convey to us....keep reading to find out;
Whois Record for SwInnovativeHoldings.com:
Registrant Org Scott Forsythe is associated with ~8 other domains
Name Server(s) NS1.RAGSTOROCKSTAR.COM (has 35 domains)
NS2.RAGSTOROCKSTAR.COM (has 35 domains)
http://whois.domaintools.com/swinnovativeholdings.com
When I checked the name server for SWHI, I came up with Robert Clark (he’s involved with a slew of domain names and companies)
Whois Record for RagsToRockStar.com:
Registrant Org ROBERT CLARK is associated with ~591 other domains
Bobby Clark’s About me page:
“I am a serial entrepreneur. I like smart ideas and creating companies. I am the CEO/Cofounder of a portable lift assist device company, an action sports apparel company, and a Internet startup. I enjoy every step of the process from designing to coding to sewing. My left and right brain continually try and outdo each other. I like to make things happen.
My Companies
www.pladinc.com
www.ragstorockstar.com
www.portalbella.com”
http://about.me/bobbyclark
Upon further digging, I happened on an application to transact business in Florida for a company called PLAD Inc. (the possible RM candidate for SWHI) with Robert Clarke and Scott Forsythe involved:
Application to transact business in Florida:
http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR\2014\0606\60545789.Tif&documentNumber=F14000002399
Note the CEO of PLAD Inc: Robert Clark
Directors of PLAD Inc: Matthew Nicoletti and Robert Forsythe
LinkedIn account of PLAD (Portable Lift Assist Device):
Founded in 2014 by Fire Fighter/Paramedic Mike Pannucci and Project Manager/Designer Bobby Clark, PLAD Inc. has set out to offer the most portable, lightweight, and efficient portable lift assist device on the market, the PLAD. They set out to not only to provide a solution to the rise of back injuries from lift assists within the field of Emergency Medical Services, but also to make it possible for any individual to safely lift another individual when they've fallen and cannot get up under their own capacity.
Website http://pladinc.com
Industry Medical Devices
Type Privately Held
https://www.linkedin.com/company/plad-inc
Key Term in LinkedIn account: Privately Held .This gives some substance to the RM rumors, as the people connected to the registration of SWHI do indeed have a private company (indeed several private companies) that are RM candidates.
It also seems like things are getting revved up at the PLAD end:
PLAD's Successful Launch at ClinCon in July 2014:
“We recently launched our new Portable Lift Assist Device at EMLRC's ClinCon 2014 with overwhelming support and positive feedback. We had a great time talking and demonstrating to members in the EMS field and even got many of them involved in the demonstrations. Thanks EMLRC for a great convention!”
http://pladinc.com/blog/plads-successful-launch-at-clincon/
Additional Note: The ClinCon Annual Conference is designed to create an educational experience that will help Emergency Department and EMS Personnel to obtain information and skills to better assess and manage their patients and scenes.
http://www.emlrc.org/clincon.html
PR on November 15th About the release of PLAD:
“PLAD, INC. recently showcased its revolutionary Portable Lift Assist Device at this year’s EMS World Expo in Nashville, TN.
We recently launched our new Portable Lift Assist Device at EMLRC's ClinCon 2014 with overwhelming support and positive feedback,” stated Bobby Clark, Chief Executive Officer of PLAD, Inc. “We were excited to demonstrate the PLAD again at the EMS World Expo to key decision makers in our industry."
“The product speaks for itself and will be showcased at an amazing event," stated Matthew Nicoletti, Managing Partner of PLAD, Inc. The National Institute of Standards and Technology (NIST) reported that approximately 81,000 firefighters in the United States were injured during 2002 at a cost of $3–8 billion. Most injuries to firefighters occur on the fireground, and many of these injuries are musculoskeletal-related.
“Being a firefighter/paramedic I am happy to present our Portable Lift Assist Device to firefighters throughout the nation to prevent back injuries,” stated Michael Pannucci, President of PLAD, Inc. “We are dispatched to perform lift assists almost every shift we work, which causes tremendous stress on our backs. The PLAD will save thousands of backs a year and keep Firefighters working longer and pain free for many years to come.”
http://www.emsworld.com/press_release/12019487/plad-inc-showcases-portable-lift-assist-device-at-ems-world-expo
PLAD website:
http://pladinc.com
Matthew Nicoletti, one of the Director’s of Plad Inc:
https://www.linkedin.com/pub/matthew-nicoletti/19/374/17b
He was involved with UNQT and I believe also SLNX.
Scott Forsythe and Matthew Nicoletti have had their fingers in many pies...here’s an allusion to them on the RTXB board:
“Jerry Grisaffi, Chief Executive Officer, stated, "We thank Scott Forsythe, Matthew Nicoletti, and everyone at Empire Capital for this resolution and support of our Chapter 11 reorganization plan and wish them every success in their future endeavors."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101046221
Nicoletti and Forsythe also involved with QUANTUM CAPTIAL GROUP LLC:
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail/EntityName/flal-l14000063069-650da2ad-adc0-49b3-9516-7fc07a06feff/Quantum%20Capital%20Partners%20Flf,%20Ltd./Page1
Misson Statement outlined on the SWHI website:
“What We Do
SW Innovative Holdings Inc was created as a public holding company to:
1.Acquire controlling interests in profitable small to middle market businesses in attractive niche industries.
2.Work with the management of those companies to pursue growth opportunities, provide strategic support and increase cash flow in the intermediate to long term.
3.Provide investors an opportunity to participate in the ownership and growth of businesses that traditionally have been owned and managed by private individuals or families.
4.Assemble profitable operating subsidiaries into one public vehicle.
5.Provide an incubator for companies to go public by spinning them out of our public vehicle into their own separate public company.
Our goal is to maximize our shareholder return by diversifying our business portfolio and sharing public company expenses over a diversified revenue stream.”
Bullet points 3., 4. And 5. detail a road map to RM “private” companies (Plad Inc. & other private companies) into “one public vehicle” (SWHI). Tick tock...RM about to punch the clock;)
http://swinnovativeholdings.com/our-services/
The dump has been on for awhile and SWHI was scuttled down to the Loading Dock at .0001 x .0002. Clearly, the wizards behind the curtain are experienced with penny stock companies and know how to play the game. At this point, I think ole Norman is merely a figurehead for SWHI..the real players (those behind the curtain) are pulling the strings. SWHI has an RM and a potential mega run emblazoned all over it. The inanely low float of 315m will pole vault SWHI “when” the puppet masters choose to take center stage.
SWHI Security Details
Shares Outstanding 517,755,528 a/o Nov 20, 2014
Float 315,336,108 a/o Nov 20, 2014
Authorized Shares 15,000,000,000 a/o Sep 30, 2014
http://www.otcmarkets.com/stock/SWHI/profile
Question for the weary masses...Is SWHI a monumental POS or a glistening diamond in the rough? I bought 2’s (waited patiently;)) on the guesstimate that ole Norman will shat out a diamond when he “publicly” abdicates his porcelain throne;).
Is this fattie ready for the runway;)
Just Pm'd the email address...verify for yourself. Only believe a sliver of what you read on IHUB...lol
The float here may be lower (way lower), but it needed more than a private website registration to light the fuse. Any slub can pay $20 and slap up a website with an MJ leaf on it. However, not every slub can fork over $15k to buy a shell...confirmation of the HIRU shell being sold adds legitimacy to an otherwise "iffy" play.
There are no guarantees as with any play, but another piece of the haphazard jigsaw puzzle fell into place. A shell for sale that nobody wants to buy is a cul de sac (nothing doing), but one that has been sold is a wide open freeway. Good one to keep on watch in the coming days/weeks. GLTA
I managed to verify with HIRU IR (wrong IR listed on OTCMarkets) that HIRU has been sold. This is the same IR that informed me MON@ was sold...that ran like the wind shortly thereafter. It's certainly more to hang your hat on than a $20 website registration. Some entity spent $15K to buy the shell..question is who and why;) GLTA
Volume, volume and more volume...the poopers scoopers from last week are happy. I would like to see the 6's in the rear view mirror, but happy with my 3-4 buys.
I'm not worried...not in this play. The website registration was private (could have be done by any slub with an internet connection...looks to be the case), so that deterred me from buying.
A Public website registration verified to be from the company (or new owner?), a filing or PR of some sort would have reeled me in. This play needed something more verifiable and right now, all HIRU has is a pinata...Happy Cinco De Mayo!
From an MJ leaf to a Pinata logo..perhaps HIRU now going into the pinata biz...lol
http://hirucorp.com/
The red flags were flailing in the wind for those who cared to look:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100993923
Reading between the lines, lemme take a WAG........DNAD going MJ!
DNAD retiring 4B shares and venturing into "a newly legalized and rapidly growing industry"...hmmm
EDIT...Do I need to spell it out...MJ or MMJ!
Gotta be more selective now with the D monster running amok. HRDN, COWI, EMJI, etc., are massive dilution pits. To think I almost bought HRDN 2 weeks ago when it looked like it was heading for a .001 break (put a bid at 9 and thankfully thought the better of it and cancelled). The tenor of the market has changed and those MJ pumps wouldn't pump a bicycle tire anymore. Time for a vacay...sell in May and Go away. Meanwhile don't feed the crocodiles;)
We need a volume burst, but at least the selling pressure doesn't seem to be as "urgent". CHDN took a vacay (sipping an umbrella drink somewhere..lol), so that bodes well.
They're not ready to let her go yet (accumulating...still loading the mules..lol)
Lumbering elephants are running with 4 times the DNAD float. UN@T had a tier change (stop sign removed like DNAD) and she ran from .0002-0009 (believe that ticker was even at no bid at some stage). The float on UN@T was 3B and that was a lagging # from 2012 (would conclude that it was higher than 3B). The float here from last July was 644m (would wager we're still well below the 1B threshold as volume has not been consistent the past year to warrant a higher float). The SS here is by no means bloated...it's quite appealing for a ticker trading at these price points which bodes well going forward.
Milestones:
STOP sign removed 4/30
Financials filed 4/28-4/29
Last PR from 2/18 indicated deal with Hollywood studio in the final negotiation stages:
DNA Dynamics, Inc. in Negotiations With Multi-Million Dollar Franchise for Mobile Gaming Rights DNA Close to Completing Negot...
A 100 share "whack"...lol. DNAD will run when it's ready...machinations going on behind the scenes...stop sign removed and recent updates on the website..tick tock;)
Replying to a post from June 2013??!! Exiting a trade with some decorum is not your forte I see...move on already...geez!
Updates from the DNAD website...new management team with changes underway. STOP sign removed recently, so chances are, "DUH", those changes will be revealed soon;)
We are changing...
DNA has been in business since 1981 and has succeeded through change. Changes are underway, and a new direction will be unveiled soon...
Check back soon...
Our aim is to ensure that our shareholders are kept up to date via this website, so we encourage you to check back soon...
Creating future value...
A new management team is currently finalizing their plans to show shareholders how they will be creating future value through 2014 and beyond...
Evolve & succeed...
Evolution in business is essential and we are putting the final touches on our plan to succeed. Check back regularly to see the unveiled new products....
http://www.dnadynamics.net/