InvestorsHub Logo

boca_bobby

10/02/07 4:54 PM

#31278 RE: ITGuy #31267

ITGuy,

"I assume that they already have had their private placement of initial capital - hence how could they have started trading already. The initial capital is a small amount - maybe a million or so. This is only so SWARM can prove it's track record before going to the Expo to seek large public money - money that will go into a fund vs being privately placed as ownership in the company.

I guess we should all expect to see a PR about the performance of SWARM before the expo. If that's true and the results are still hitting over 90%, new money will be running towards SPZI.

So that might mean my speculation of .04 by 11/1 and .08 by 12/1 and then .25 by 1/1/08 could still be inline. Now that's just a WAG on my part but is it really so crazy to see the PPS hit those targets?

Boca_Bobby

alliecorp

10/02/07 5:03 PM

#31279 RE: ITGuy #31267

Good post ITGuy, thanks...and completely agree with what you've said. allie

snow

10/03/07 12:34 PM

#31419 RE: ITGuy #31267

ITGUY

You seem to assume that SPZI will receive 7 % of the net profits of the hedge fund rather than 7 % of the net profits of 141 Capital. Is that assumption warranted?