InvestorsHub Logo
Followers 6
Posts 1008
Boards Moderated 0
Alias Born 10/04/2006

Re: texasjerry post# 201678

Wednesday, 09/17/2008 4:34:52 PM

Wednesday, September 17, 2008 4:34:52 PM

Post# of 246021
If you can read,you don't even need to know how to add, look at the financials in the filings and you will see that each and all parts of SWVC lose money each quarter. You can't lose money every quarter and stay in business. They are already in trouble with their lender (Well's Fargo) for violating the loan agreement and as a result have created more interest costds and resulting debt. All assets are owed for and all are losing money---so where does the money come from to keep the business going----answer= it doesn't.

Patience is a symptom.