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Replies to post #2784 on Tsafi

Replies to #2784 on Tsafi

cal_pn

03/19/07 5:06 AM

#2787 RE: utcheevis #2784

SUWN utcheevis,
I "discovered" SUWN just a couple of hours before picking it as my "weekly". I have no position in it, never had.

From my first quick assessment it looks good I haven't found a black spot yet. I like CMF, Accu/Dist especially. Could be a sleeper, sales progress is important, consider buying some for holding it for a while, business sounds decent at first sight but I'm a rookie so don't give too much credit on my opinion.

More (good) info:
http://www.jmdutton.com/research/SUWN/index.html

Happy trading

Cal

cal_pn

03/23/07 4:17 PM

#3099 RE: utcheevis #2784

utcheevis -> SUWN

for the record:

On March 23, 2007, the Company completed the sale of $4,121,250 financing of units of its securities consisting of 9,812,500 shares of common stock at $0.42 per share and common stock purchase warrants to purchase 9,812,500 shares of common stock. The warrants are exercisable at $0.65 per share and are for a term of five years.

The purchasers of the units are certain accredited institutional and individual investors. The exercise of the warrants is subject to a 4.99% cap on the beneficial ownership that each purchaser may have at any point in time while the securities are outstanding. The net proceeds from the transaction will be used for working capital purposes

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