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Re: valuemanager post# 2109

Tuesday, 10/20/2009 12:00:51 AM

Tuesday, October 20, 2009 12:00:51 AM

Post# of 27466
Thank you Biotechs!!!

SNWT IS A COMPLETELY DIFFERENT COMPANY OPERATED BY A COMPLETELY DIFFERENT MANAGEMENT TEAM SINCE THE REVERSE MERGER!

The reason for the ticker change (HBSY to SNWT) reflects the birth of a new public- OFF-ROAD SPORTS COMPANY - taking over for a - FAILED BIOTECH COMPANY.

You many have your facts a bit twisted OR perhaps you are just becoming frustrated that as you admit, the short strategy – which you employed – has proven to be ineffective to date. Either way, anybody willing to invest their money in a stock will certainly conduct their own due diligence and ascertain the truth. The truth is that performance of the company since the merger (both financial and market-wise), in my opinion, has not indicated anything “weak” or “shady”.

If you took the time to re-trace the stock's historical performance, you should have also come to the realization that any business activity and/or market activity that transpired prior to the MERGER was NOT IMPACTED IN ANY WAY by the current (San West Inc.) management team and/or operating company as a whole. San West Inc. was a privately-owned company at the time of the 80 to 1 reverse split, that you refer to and had ZERO affiliation with Human BioSystems.

The first reported quarter of operating activity for San West as a public company had a number of very positive points. 3 and 6 month revenue GAINS of $135,737 (945% increase) and $304,836 (1,235% increase) don't exactly indicate a “weak” management team sitting around twiddling their thumbs. To be fair, there was also a net loss of roughly .01 and .02 per share (about $152K and $313K) for the 3 and 6 month periods. We'll see in the upcoming filing how this has changed.

Link to the filing: http://biz.yahoo.com/e/090819/hbsy.ob10-q.html

The gents running Buggy World, a key facet of San West Inc. have been in the industry for about 20 years and the crew has a stellar reputation ( I believe something like 150 years cumulative experience, but don't quote me exactly on that). In addition, the CEO, is about as straight a shooter as there gets. Give him a ring, I doubt you'll disagree.

While the reverse stock split executed LAST MARCH is about as applicable to San West as the price of tea in China, the upcoming FORWARD SPLIT, is actually quite a bullish indicator of current business trends and quite applicable to SNWT. As you alluded, it may also squeeze out some shorts, whom I do commend for there cajones being that shorting OTCBB stocks is quite a risky venture than many brokers would not touch with a ten foot pole.

You had to be aware of that or at least should have known prior to taking a position in the stock that the reason for the name and ticker change was in no way or form a deceitful maneuver. Contrarily, it would be more deceitful for the company to continue trading under the name and ticker of a completely unrelated entity. Would it not?

It is my understanding – correct me if I'm wrong – that the only thing remaining from the failed bio-tech is debt, which San West is responsible for and succeeding in, cleaning up. The increase in revenues has to be at least somewhat of promising sign that the supposedly “weak” mgt. Team is cleaning up the books that they acquired or rather merged into.

Whether intended or not, in my opinion, posts like your two most recent offerings are as baseless and misleading as the “this thing is going to $10 tomorrow” comments made by longs. In addition, you post record seems quite similar to the aggressive longs with 100 posts, conveniently on just one company.

The current management team eats, sleeps, and breathes off-road racing and from what I've seen, is making an aggressive and concerted effort to build a leading company in its industry. In addition, I've been to Buggy World, spoken with management, and conducted some fairly exhaustive due diligence on the company, as well as many other bulletin board stocks.

For the sake of full disclosure, I am an initial investor in San West. In addition, I worked with San West briefly when they were operating as a private entity about 4 years ago and agreed to take shares of a private company that may or may not have ever going public, for my services, despite earning a six-figure salary. I did this because I believed and trusted in management and its business model/future vision.

I also provided minimal consulting guidance during their process of going public and continue to provide minimal business development & investor relations consulting services at no cost to the company. This is because I believe that it will lead to lucrative business in the future when the company matures and because I feel that my position in the stock has significant potential to mature in correlation with the company. If that does not speak volumes for the credibility of management and the potential of the company, I don't know what does.

I suggest you call management if you have not already - which wouldn't be a great strategy for a penny stock investor whether short or long - and then report back as to how "shady" they are. Ask them about the name and ticker change, events that transpired prior to the reverse, etc. I'm quite certain you will see where I am coming from.

In closing, I am in no way attempting to instigate a verbal duel. Conversely, I'm just trying to push for a fair discussion. Their are plenty of valid points to make on both the long and short side of this security. But blaming a group of honest and hard-working men who are striving to both clean up the books from the failures of the old management team and company that they had no impact on and built a great company of their own, just ain't right.