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takestock

03/07/08 2:55 PM

#141278 RE: JimsZ #141268

Let's see what happens.
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Desperado90

03/07/08 3:09 PM

#141299 RE: JimsZ #141268

Excellent post. I have wanted to post same opinion for a while.

All Tom needs to do to buyback shares and increase shareholders equity is to reduce his ownership percentage. IMO, Me thinks thats what Tom is going to do. Why spend cash buying back when Hacketts expansion and acquisitions will make him more money in the long run. Remember at the moment his not drawing salaries from SWVC.

By my calculations we own 20% so if he gives us 10-20% of his ownership we get back to almost where we started last year as per shareholders equity.

I have always said that share count is not as critical as a strong balance sheet. GE and Cisco have billions of shares but they compensate for that with an excellent balance sheet.

Even with 2.5B shares thats if he maxed out the AS and grow the company to $200M in 3yrs and relinquishes some of his ownership to us, we trade at least 25 cents thats 3125% from here. Thats a 1000% ROI every year for 3 years.

IMO, I think Tom helped his GS by picking up this shell and I think we get something in return. If we don't then Tom did not live up to his resume.

10K and acquisitions to come, I'll wait.

Good Luck and God Bless Everyone.