Replies to post #6486 on Redwood Group International (RDWD)

[The Rainmaker]

Actually once ENHD really starts trading SIVC share price could get a real jolt upwards. Here's why.....ENHD Bid $5 Ask $325 today after the close.

SIVC's shares of ENHD if ENHD was trading at $20 per share... SIVC's shares would be worth close to 10 million dollars. People would start to see SIVC has a chance to own shares in 3-5 China deals per year which could be worth 3-5 cents per share for SIVC and it's shareholders via the dividends. This isn't a one time happening, this pattern of closing deals and getting shares could repeat itself for SIVC year after year.

Right now I can't find another sub-penny play with a better chance to be trading at 5-10 cents per share in 2008.

[Myth]

Interesting co, great forecast AND some incentive to succeed. Definitely one to watch, EARLY. " Simultaneous with the acquisition on December 31, 2007, the company completed a private placement with institutional and accredited investors led by Pinnacle China Fund, L.P. which resulted in gross proceeds to the company of $17.0 million through the issuance of 3,863,636 million shares of common stock, which represents an approximate 18% stake in the company. As part of the private placement, management entered into a "make good" provision whereby it placed 3,863,636 million of management's shares into an escrow to secure its obligations to meet specific future after-tax net income targets. In the event the company does not achieve its earnings targets of $15.9 million in after-tax net income ("ATNI") for 2008, and $20.9 million in ATNI and fully-diluted earnings per share of $0.99 for 2009, then 1,931,818 million shares held by management, respectively for each year will be transferred on an all-or-none basis to the investors in the private placement on a pro-rata basis " http://biz.yahoo.com/iw/080108/0346044.html

[DonLeopoldo]

SIVC has retraced 62% Fibo of the run from 0.0005 to 0.0020. And that is where I got in yesterday.

The MA200 is forming a nice support under the price, right now.

Only a handfull of shares were sold at $0.0010 and the ASK went to 0.0012 real quick.

Once the MA200 goes below 0.0020, which will happen within 1 week, ...

... SIVC will jump above 0.0020 and then will come the Golden Cross MA50x200 to propell the PPS above the 0.0065-0.01 range.



imho