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Sunday, January 27, 2008 10:17:29 PM
SWVC is worth about $18M from the books(up to Sept 30)
SWVC is on the process of acquiring a $13M company.
SWVC in serious discussions with 3 other companies for $22-24M.
If we go by the doubters numbers and say fully diluted share count of 2.5B shares.
SWVC is 55M/2.5B =0.022 cents with a premium of 5 = 0.11cents
Thats without adding
Expansion of Hacketts to 25-30 stores which is about $100M
with this 155M/2.5B = 0.062cents with a premium of 5 = 0.31cents
Which is a 1200% and 3400% increase from the share price now.
Now back to reality. The share count will never reach 2.5B IMO
The holdings in SWVC might include some or the entire GS which we have helped clean up. The FUND(Now part of SWVC) holds 25M shares and 30% of GSGF therefore even if its not rolled in here the funds holding in GSCL will grow and help with SWVC's balance sheet.
Tom is executing his business plan and I have worked out the worst case scenario, its a win win for shareholders. I pray that Tom does a great job with restructuring and paying off loans, expand Hacketts and eventually buys back shares.
I am ready for a great 2008 after bbb posted the link to the fillings for Hacketts showing Wellsfargo, we are ready to rumble.
Good Luck and God Bless You All.
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