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Re: travel489 post# 203342

Saturday, 10/04/2008 10:21:50 AM

Saturday, October 04, 2008 10:21:50 AM

Post# of 246950
travel489, S-8 shares explained;

I used to have a better link; but this explains S-8 shares

http://www.smallcapreview.com/s_8.htm

Advantages and disadvantages of S-8 Security Issuances

Despite the April, 1999 amendments, Regulation S-8 can still be effectively utilized by an Issuer. However, Form S-8 has its advantages and disadvantages.

A. Advantages

Immediately effective - Form S-8 is immediately effective upon filing. In other words, S-8 securities are freely tradable upon filing Form S-8 (subject to the Rule 144 volume)

B. Disadvantages

Promoting shareholder disloyalty - Shareholders may interpret S-8 security issuances as self-serving acts by the Issuer’s officers and directors that unjustly enrich them at the expense of other Shareholders who will suffer dilution in their ownership as S-8 shares are issued.


IMO the 5:1 Reverse Split was too small of a Reverse Split and SWYV could go .0001 X .0002 in one day as this company cannot create enough new "believers" to absorb the absolute mandatory guaranteed dilution about to occur.

Disagree all you want; better to cut your losses than to lose it all.

Good luck.





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