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swingingRichard

02/25/15 2:16 PM

#8667 RE: Inv1000 #8666

There are other energy companies, clean, renewable, energy companies with valuations in the billions, 3-6 billion or more and yet, it is little ol' SWET with it's massive debt and toxic financiers and massive A/S, pinky ticker that is going to pull off this bigger-than-life endeavor. If this dream were remotely feasible, others would have implemented it a long time ago.

No, the valuation is headed south, where it should be. Pickett does this for a living. He sells his shares. That is all.

It will take much more than a little good news to pump this dump back up from it's current overvalued cap of about 3 mil.
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Cycleman

02/25/15 2:17 PM

#8668 RE: Inv1000 #8666

I was also emphasizing that the current valuation is virtually nothing.



When it's actually nothing, it will be spot on.
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dog turd cannon

02/25/15 6:02 PM

#8675 RE: Inv1000 #8666

But, this stock is worthless. Actually, it is worth the cost of the shell and legal processing fees so less than 400k.

So to go from 400k - 50M would take a lot of balloons.
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LordTurkeyBaster

02/25/15 11:36 PM

#8678 RE: Inv1000 #8666

50 million? 50 MILLION? No scalable prototype... No VC... No contracts...

50 million... That kind of nonsense gave millions to solar roadways.... for junk science and junk ideas. The same applies here.