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JimsZ

09/22/08 12:15 PM

#202052 RE: LUCKYTT711 #202044

Exactly how would they pay? Do you think they are going to have to buy 500 million shares (125k post split) out of the float to give back to the company(amounting to $200k worth)?

The 500 million shares "killed" SWVC long ago. How in the world do you think this could be just "fixed" by going after those attorneys? TS should have done that immediately after finding out about the debt! He should have forced the attorneys to buy those 500 million off the market and retire them! Of course... if TS also know about the 500 million shares (which is more likely) then he would have no basis to go after them. Then again, if TS knew about the 500 million shares prior to them "finding it" then that would mean TS knowingly falsified SEC documents!

Even if SWVC now filed suit against those attorneys, at most they are liable for 500 million shares at .001 (what they missed) is only $500k. This money wouldn't even allow Hacketts/Wisebuys to break even for a quarter and they definately couldn't give it as a dividend to shareholders unless it was given to shareholders who owned "of record" at the time the debt was mysteriously "found" and no others.