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Wednesday, 04/21/2010 11:52:11 AM

Wednesday, April 21, 2010 11:52:11 AM

Post# of 64445
Interesting find on another board about SSWC. Maybe be old news.
I'm copying form the post by the user. The link is here:

http://www.hotstockmarket.com/forums/showthread.php?p=2438589

Kenn Glynn Figured Out + EXTREME DD

I believe that Kenn Glynn(Founder of Kenergy Development Corp), being the supposed new owner of SSWC(Verified by Toucan[From InvestorsHub] who has a friend who called the Previous CEO of SSWC), has had experience with IVOI, is indeed going to lead a reverse merger, and is located in New Jersey.

Yes... NJ(The same state as IVOI)
IVOI is located in Matawan, NJ.
Ideal Ideas, Inc.(Kenn Glynn's old company, that did business with IVOI in 2004[http://findarticles.com/p/articles/m...ai_114816495/]) was located in Flemington, NJ.[http://investing.businessweek.com/re...capId=9531533]
It is not a fact that Kenergy Development Corp must be NJ because the CEO is located in New Jersey, but the chances are high. Also there is proof in the article coming up that it actually is located in New Jersey.


Now this is going to make you explode out of happiness.
N.J. Startup Venture Seeks Capital(Published in February of 2009)

Full Text Link
http://img580.imageshack.us/i/rawraw...rrawwrwra.jpg/

First thing of note was what the company intends to do:

"The Flemington, NJ-based company became incorporated at the beginning of last month and has 20 patents pending to develop solar technlogies, which it plans to deploy down the line. He has designed a solar tracker for power generation, which works like a giant seesaw to capture sun and shade."

The next REALLY big thing that struck me was:

"Funds from the second round will be used to take Kenergy public through a shell company, he says, declining to disclose how much he hopes to raise in the initial public offering on the Over the Counter Bulletin Board or who will underwrite it. "That depends on the markets," he says."

Key Notes of the Article
N.J. Startup Venture Seeks Capital(Article Published in February 9, 2009.)
-Kenergy Devlopment Corp.,a Solar Technology Developer, is owned by Kenneth P. Glynn located in Flemington, New Jersey
-Has 20 Patents to develop solar technologies which it plans to deploy in the future
-One of which "He has designed a solar tracker for power generation, which works like a giant seesaw to capture sun and shade."
-Kenergy is hoping to "raise $6-10 million to get the company off the ground eventually to an initial public offering."
-Funds from the first round will be used for fundraising for development and administrative purposes.($360,000)
-"It hopes to close the round in a month, then raise the balance in eight to 10 months."(Remember this is back in early 2009)
-Funds from the second round of fundraising will be used to "Take Kenergy public through a shell company."
-Ken Glynn declined to, "Disclose how much he hopes to raise in the initial public offering on the Over the Counter Bulletin Board or who will underwrite it. "That depends on the markets," he says."
NOTE this was back in February 9, 2009 to prove how much time Kenneth P. Glynn had to get these funds.

I will post link of article later...

This DD may or may not be true, but it is in my honest opinion, true belief, and in my research to bring what i feel valuable DD to PennyStockGurus' Private Forum.

I did not take any of this DD from anyone except for the fact that Toucan found out Kenn Glynn was the new CEO/Owner of SWCC... other than that, this is all my info...


Emo-trader: Someone who trades on emotion. Buys on pumped information with no DD. Sales out of fear and causes other share holders money and/or grief.

No respect for ANY emo-trader. (origin of word: from ME!)