{"id":737,"date":"2013-01-31T08:52:00","date_gmt":"2013-01-31T08:52:00","guid":{"rendered":"\/?p=737"},"modified":"2013-03-25T20:14:29","modified_gmt":"2013-03-25T20:14:29","slug":"swingplane-ventures-inc-otcswvi-should-close-the-deal-today","status":"publish","type":"post","link":"\/articles\/swingplane-ventures-inc-otcswvi-should-close-the-deal-today\/","title":{"rendered":"Swingplane Ventures, Inc. (OTC:SWVI) Should Close the Deal Today"},"content":{"rendered":"

\"6SWVI_chart.png\"Swingplane Ventures, Inc. (OTC:SWVI<\/a>), the ongoing pump job by Awesome Penny Stocks (APS), should be closing the deal for the acquisition of Mid Americas Corp. today. <\/p>\n

As the deadline draws near, tension is running high. Yesterday SWVI<\/a> closed up 1.98% at $0.361 per share, on 9.4 million shares traded.<\/p>\n

\"ECAU.png\"APS is still trying to compare SWVI<\/a> to another OTC stock which made a huge run the past 5 sessions. It’s Echo Automotive, Inc. (OTC:ECAU<\/a>) f.k.a. Canterbury Res Inc. There are a couple of problems with that comparison.<\/p>\n

For one, ECAU<\/a> was pumped by a different outfit, not APS. The campaign was much bigger, supposedly running a $3 million budget, and it included paper mailers sent to the public.<\/p>\n

The other issue is that ECAU<\/a> is nothing more than a pump, and it dropped 40% yesterday. To the extent that botch SWVI<\/a> and ECAU<\/a> are pump jobs, they are similar, but it’s hardly a positive point for SWVI<\/a>.<\/p>\n

In theory when SWVI<\/a> completes the deal with Mid Americas, the public should get a Super 8-K with some information about the financial history and current situation. At this time, however, the Super 8-K hasn’t been filed. When, and if, it is filed, there’s still a chance the information would be insufficient for an objective valuation.<\/p>\n

In my previous articles, I’ve gone over most of the troubling details about SWVI<\/a>‘s history and the way it was set up. Readers are advised to exercise extreme caution with this APS pump job.<\/p>\n

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

Swingplane Ventures, Inc. (OTC:SWVI), the ongoing pump job by Awesome Penny Stocks (APS), should be closing the deal for the acquisition of Mid Americas Corp. today. As the deadline draws near, tension is running...<\/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":[58,32],"class_list":["post-737","post","type-post","status-publish","format-standard","hentry","category-news","tag-ecau","tag-swvi"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/737","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=737"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/737\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}