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Re: LexL post# 40301

Wednesday, 09/12/2007 6:24:53 PM

Wednesday, September 12, 2007 6:24:53 PM

Post# of 244887
But as far as lining Tom's pocket, a few months back (subject to checking the record) didn't he retire some of his own stock (i.e. out of pocket cost) to make this deal happen? I thought so. The point in my mind is that he has a great business opportunity here that needs a public shell in a cost and market environment not conducive to an IPO. He has bent over backwards as far as I can tell to make this this work the most tax effectively, deal with Cornell, arrange the Hacketts deal AND financing, while running his other business interests in Agrifuels and Seaway Capital that could ALSO (in whole or in part) land up in SWVC. Finally, he has been keeping the filings and PRs as up to date and as transparent as possible within the confines of the law. Not bad if you ask me - and while he would be crazy not to have a huge financial incentive himself, it is clear he has his eyes on a much bigger prize of creating a first class public company. Good luck to him I say. I'm just along for the ride and lucky to be associated with it. :)