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Saturday, May 24, 2008 5:28:35 PM
1-we have a stock-swvc-going pps is .02 cents per share.
2-we (swvc) find out that someone has a note payable at .001 per share.
3-being the note holder (cornel) i begin to collect on my loan so i begin pulling shares at .001 cent per share but stay under 5% which is in the note contract.
4-i (cornel) short the stock at goimg pps .02 cents locking in a price, then sell for anything under that price, getting the .02 short price and also any difference from .02 until i sell off the shares i redeamed at .001 cent.
5- i or (cornel) continue doing this until swvc has given/paid all the shares (payable at .001 per share) to satisfy my note redeamable at .001 cent, (swvc) gets for payment to cornel.
6-this note is now stated as being satisfied or paid off.
7-isn't this note done/complete/gone?
8-retail shareholders bought these shares and now hold these shares at a loss.
what am i missing.
hopefully i can get this posted (not a paid poster)
thanks,
anyone can e/mail me
billscomp@yahoo.com
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