Thursday, August 18, 2011 7:15:11 PM
Thank you for the post. There's nothing you did that was unethical or untoward.
Its worth noting the criticism you've faced from SAVW and some of it's supporters. In the past you and I had disagreements over the topic of management where you were a strong supporter of Ike's.
I'm going to hijack your post and outline my perspective. It's still the same as before:
There's only one entity responsible for SAVW's share price and that's management. In this case management is limited to the one dominant shareholder, Ike Sutton. Ike decided the company's share structure and borrowing structure. He decided to perform the 1B stealth dilution and to increase the A/S to 4.8B shares. He will decide whether or not to issue any and all shares in the treasury, not to the benefit of the company or the common shareholder, but to repay the convertible note he established and loaned SAVW.
Nothing anyone posts here affects the share price but for a few seconds at best. If I say SAVW is the greatest or worst company in the world it won't change a thing. The day Ike decides to flood the market with SAVW shares matters and that's all people need to prepare for.
Related to the above Ike is solely interested in having his convertible debt repaid. Since SAVW is publicly traded and this is a high risk pinksheets entity there's no pressure to have production contracts (notice the lack of PR's on this topic) and common shareholders will pay off the convertible note even if SAVW ends up in the trips. It's of no consequence to Ike since his motivation is the note not business performance. We know that from GOIG and his other operations. All that matters relative to SAVW is that the story is spun out long enough for the convertible debt to be repaid.
If SAVW was private production contracts would pay the bill, but I'm sure the share structure and borrowing structure would look very different.
Very short term for day traders: you know massive dilution is coming thanks for the announced increase in A/S. How do you intend to play in the days running up to the increase?
Its worth noting the criticism you've faced from SAVW and some of it's supporters. In the past you and I had disagreements over the topic of management where you were a strong supporter of Ike's.
I'm going to hijack your post and outline my perspective. It's still the same as before:
There's only one entity responsible for SAVW's share price and that's management. In this case management is limited to the one dominant shareholder, Ike Sutton. Ike decided the company's share structure and borrowing structure. He decided to perform the 1B stealth dilution and to increase the A/S to 4.8B shares. He will decide whether or not to issue any and all shares in the treasury, not to the benefit of the company or the common shareholder, but to repay the convertible note he established and loaned SAVW.
Nothing anyone posts here affects the share price but for a few seconds at best. If I say SAVW is the greatest or worst company in the world it won't change a thing. The day Ike decides to flood the market with SAVW shares matters and that's all people need to prepare for.
Related to the above Ike is solely interested in having his convertible debt repaid. Since SAVW is publicly traded and this is a high risk pinksheets entity there's no pressure to have production contracts (notice the lack of PR's on this topic) and common shareholders will pay off the convertible note even if SAVW ends up in the trips. It's of no consequence to Ike since his motivation is the note not business performance. We know that from GOIG and his other operations. All that matters relative to SAVW is that the story is spun out long enough for the convertible debt to be repaid.
If SAVW was private production contracts would pay the bill, but I'm sure the share structure and borrowing structure would look very different.
Very short term for day traders: you know massive dilution is coming thanks for the announced increase in A/S. How do you intend to play in the days running up to the increase?
If the TA is gagged you can bet it's not in the shareholders best interest.
