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Sunday, January 06, 2008 1:02:46 PM
So last week we heard more big news coming. Nothing last week but the news that shares were given for $400K to buy inventory in stores already bought. Why didn't that get announced earlier? It is once again more dilution. And MOST real retail operations with solid financials can get an inventory line of credit from a bank. But either SWVC can't or they feel it is better to let shareholders eat it instead. More likely there isn't a bank willing to loan ANY kind of money to SWVC.
So this is all I'll say about charts. They're worthless to look at with pennies and everyone has been saying the charts looked great the whole time my shares dropped over 50%. It may look good to some (if you're standing on your head) but I'd say more than likely we have NOT seen the bottom or the end of DILUTION which will drop it further!!
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