Good advice [to watch my six ] as the way forward is not yet known with Sanwire
Interesting BID/ASK showing up this morning, 5-2-2013 per otbcc.com:
Bid/Size 0.18 / 1,000,000
Ask/Size 0.19 / 500,000
Price Open 0.19
Previous Close 0.14
One transaction of 10K shares at 19 cents so far today. Could have a volume spike if that million share bid and half million sell order can find a love connection.
Oh, look here --www.sanwire.net is now online and has the rudimentary stuff of an actual corporation - officers, contact info for the Tulsa HQ and this statement under Investor Relations:
"Sanwire Corporation shares are traded on the OTC Markets Group's QB tier under the symbol 'NTMG'. Sanwire is committed to providing timely information to our shareholders and support the market for our shares. Sanwire strives to maintain realistic investor expectations by making appropriate and timely disclosure relating to its business."
And this from Naiel Kanno in an SEC filing dated April 30th, 2012:
Mr. Kanno, President and CEO stated, “I am excited about this opportunity to work with and lead Sanwire to expand its new direction, grow the Company and execute on its mission statement. Working with Sanwire’s team and Board of Directors, our main focus is to immediately accelerate revenue production through our technology sources and future developing acquisitions.”
"
There's some progress - Go Sanwire! Let's see whatchya got. Wonder what that phrase "future developing acquisitions" means? Any cash on hand? Dunno. First step is usually a private placement to create a war chest for whatever's next.
rjw/mkc
