You asked what was SWVC's net income for the 3 Months Ending Sept 30, 2007
I can't post all of the crap that is buried in
SWVC filings, but I will post just enough to give
the investors here a clue.
Here is your net income, $5,422,357 according to the FORM 10-QSB/A "unaudited" financials filed on 2/08/08.
Isn't that great!! but where did it come from?
Here's a few lines from that same filing.
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At September 30, 2007, the derivative liability on the Cornell debt calculated using the Black-Scholes model was $162,101. For the three and nine months periods ended September 30, 2007 the unrealized gain on the conversion derivative on the Highgate debt was $3,285,213 and $396,232 respectively.
--
In exchange for the capital stock in GS Carbon Trading, GS CleanTech assumed liability to Cornell Capital Partners under certain Convertible Debentures in the principal amount of $1,125,000 issued by GS Carbon to Cornell Capital Partners.
On July 1, 2007 the Company recorded a gain on disposal of discontinued operations of $2,234,974.
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There's your 5.4 million.
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