{"id":644,"date":"2013-02-11T09:38:00","date_gmt":"2013-02-11T09:38:00","guid":{"rendered":"\/?p=644"},"modified":"2013-03-25T19:55:53","modified_gmt":"2013-03-25T19:55:53","slug":"swingplane-ventures-inc-otcswvi-suspended-in-berlin-pump-goes-on","status":"publish","type":"post","link":"\/articles\/swingplane-ventures-inc-otcswvi-suspended-in-berlin-pump-goes-on\/","title":{"rendered":"Swingplane Ventures, Inc. (OTC:SWVI) Suspended in Berlin, Pump Goes On"},"content":{"rendered":"

\"59SWVI_chart.png\"Last Friday, Swingplane Ventures, Inc. (OTC:SWVI<\/a>) got suspended from trading on the Berlin stock exchange. On the OTC, SWVI<\/a> closed down 4.42% at $0.432 per share, and the volume reached 19.8 million shares. <\/p>\n

\"41TAGG.png\"SWVI<\/a> is not the first Awesome Penny Stocks (APS) pump job to get suspended on an European exchange. TagLikeMe Corp (PINK:TAGG<\/a>) got suspended on the Frankfurt exchange back in November. These days TAGG<\/a> is trading more than 90% below the pump high.<\/p>\n

After the close, SWVI<\/a> issued a press release about the Algarrobo property and some supposed artisanal workings on it. The problem with that is still the fact that SWVI<\/a> hasn’t finalized the acquisition of Mid Americas Corp, and subsequently doesn’t have any rights or interests in the property, yet.<\/p>\n

A recent email from the APS outfit touts SWVI<\/a> on the basis of that press release, and suggests that SWVI<\/a> could generate “hundreds of millions of dollar in revenue.” “Could” is the operative word here. It’s in stark contrast with the statement in the latest 10-Q of SWVI<\/a>, which says the company doesn’t expect to generate any revenues in the near future.<\/p>\n

The other argument of APS is also based on a “report” which we have spoken about in a previous article. It’s a report, which is simply an advertisement, and shouldn’t be used to make investment decisions.<\/p>\n

\"\" <\/p>\n","protected":false},"excerpt":{"rendered":"

Last Friday, Swingplane Ventures, Inc. (OTC:SWVI) got suspended from trading on the Berlin stock exchange. On the OTC, SWVI closed down 4.42% at $0.432 per share, and the volume reached 19.8 million shares. SWVI...<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[32,145],"class_list":["post-644","post","type-post","status-publish","format-standard","hentry","category-news","tag-swvi","tag-tagg"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=644"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/644\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}