The best post:
By: pauld
23 Dec 2004, 07:39 AM EST
Msg. 742 of 742
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Reasons to buy and hold
A) This is a real brick and mortar company
B) It has many real products past development stage.
C) All of its products work exceptionally well, smell better and are safer to use than the competitors.
D) The company has one of its products in over 750 retail locations under the Barielle name.
E) The company has recently been introduced into the Duane Reade chain of 250 stores with an initail order in excess of $100,000.
F) The company is reported to have turned down investment capital without bothering to look at the terms.
G) Over 60 other chain stores have designated Superwipe Inc as a vendor.
H) The company has announced a 60 million share buy back.
I) Rene Quenneville comes to the company as a project manager who was recently employed by Bell and has experience in directing over a thousand employees. Project managers are goal focused facilitators.
J) We have Mario Quenneville as CEO. Prior to coming to SPWP he owned and managed Interlabs which at the time of the merger between SPWP and Interlabs was a wholly owned debt free company valued at several million dollars. Interlabs not only provided a living for Mario and his family but produced sufficient earnings as to be debt free.
K) 65% of the shares are subject to rule 144.
L) With over 100 products in the pipline this company has barely scratched the surface of its impact on the retailers in only one country.
M) IMO the longer this stock is held, the more it will be worth.
L) The company has stated financials are ready and will be released as soon as they are certain they will not adversely impact legal procedings between the company and a former associate of the company. (Probably Walter Davis).
M) The company has stated one of its goals is to become fully reporting and get onto a major exchange.
N) I trust the CEO to look after my best interests as a shareholder as he is the majority shareholder with far more to lose than I do.
O) We have an abundance of bashers. Bashers don't attack bad companies.
P) The company began operations in a 2,000 sq. ft. building. It left that building for a 20,000 sq. ft. building and since then has doubled that to 40,000 sq. ft., plus returned to use the 2,000 sq. ft. as well.
Q) The company has recently added many new employees to handle all the production required.
The bashers would have us believe the company has zero money, few orders and fewer prospects. They would have us believe the company is shovelling shares out the back door to raise capital when in fact they are declining offers of cash. They told us going to the ECRM meeting between vendors and buyers was a "waste of shareholder money". Then they told us being designated vendor status meant absolutely nothing and yet we see the fruits beginning to show. They tell us that the company buying back shares at this point in time is ridiculous, despite the company stating they planne to do so and volume has increased exponentially since that announcement. They tell us money used to buy back shares now would be stupid, but fail to consider those same shares bought for one cent can be private placed in the future for millions of dollars that would provide money needed in the future for further expansion. IMO this company is thinking ahead and I applaud them for it.
As for "waste of shareholder money", can someone tell me how shareholder money can be 'wasted', when not one of us has written a check to the company?
Paul
