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fenian32

04/26/08 7:33 AM

#164997 RE: ezxccsc #164993

260K for 6 months, so he is getting 520K a year. So Tom S is getting paid 10K a week all while the shareholders value is dropping through the floor. Of course his disastrous reign cant be stopped as we only own 9% of the company. I beginning to think he is worse then KK, maybe KK learned how to screw shareholders from Tom S.
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Howyadoing

04/26/08 9:26 AM

#165014 RE: ezxccsc #164993

"I also don't feel he deserves the 260K he took for pay as my account shows red so how does he justify that amount."
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I agree , exspecially when you concider , that from the time he took over the GSCR shell in July and then you take out for weekends and holidays , there was less than 100 business days. Thats over $2,600.00 per day plus a bonus of 20 Million shares of SWVC , just for being such a good boy!
Then of course you have to factor in that he is CEO of two companies , so I'm sure there are many days that SWVC gets put on the back burner.

I'm not even going to go into the details of how Tom pocketed over 3 million dollars in cash(I'm sure alot more) during the same time period , by unloading his bankrupt Wisebuys stores and his friends(KK) Toxic shell onto the wallets of the SWVC common shareholders.
Shell cost is still unknown and SWVC shareholders have been paying for it for over 9 months and a increased O/S of nearly a BILLION shares.
When Tom put out the PR of the initial cost of the GSCR shell , he said it would cost 1.5 million ,
But if you have been keeping track of the increased O/S and what the PPS was at each conversion level , you would know that the shell is nearing a cost of almost 30 million dollars!

Can you imagine what SWVC's bottom line would look like if Tom would've started SWVC into a "CLEAN" shell