Penny stock traders are salivating as they prepare to feast on Swingplane Ventures Inc. (SWVI) as soon as the email is sent saying: “Our New Pick Is.” With all the trimmings for a glutinous obesity of potential percentage gains to add to their portfolio before the end of 2012, the Awesome Penny Stocks #1 suspect, SWVI stock, is at the top of the players lists and should be on yours as well. Being that they began the year with a mining deal that produced gains from $0.14 on December 27, 2011 to $1.72 on February 7, 2012, 1,128.57%, with North Springs Resources (NSRS), this is not a potential play to take lightly.
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SWVI Stock Structure
Market Cap: 70.88M
Issued and Outstanding: 472,500,000
Michael Voyer (74.1% Owner): 350,000,000
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During Matthew Diehl’s tenure as the sole director of Swingplane Ventures, they sold, during the three months ended September 30, 2011, 3,500,000 shares of SWVI stock for $35,000 in cash, $0.01 per share. After the May, 2012 35-for-1 forward stock split, those now complete the total that the new sole director, Michael Voyer, owns with an average cost price of $0.00286 per share. Don’t sweat it, there’s only 122,500,000 of them out there.
Diehl had his last venture, Tapslide Inc. (TSLI) suspended by the SEC a few months ago. Not saying that it will have any effect on the proposed copper mining to take place in Chile by Swingplane Ventures and their news announcements which have been quietly filed between SEC updates in recent weeks.
Last month, on October 15, 2012, Swingplane entered into an assignment agreement whereby they have the ability to acquire a 75% interest in certain mining concessions in the Algarrobo mining district in Chile. The district is most known for its 21 “Angela” and 11 “Roble” tenures, comprising a total of 6,161 hectares (1 hectare is 2.47105 acres) located approximately 35 km east of the port city of Caldera. Funnily, A “Caldera” is a cauldron-like volcanic feature usually formed by the collapse of land following a volcanic eruption.
According to the reports from Swingplane (see here), “mining operations completed to date, on both the Property and immediately adjacent tenures have resulted in approximately 35 mines, ranging from near surface workings to more extensive operations extending several hundred metres below surface.”
Another move forward was made just last week (see here) when the Company appointed Johannes Lindorfer to the BoD. Having studied geology at the Innsbruck University, Austria, Lindorfer specializes in applied geology to engineering, mining and water treatment with over two decades of experience and having busted up rocks and studied them on virtually every continent on the planet: Australia, Bolivia, Mexico, U.S. and Bhutan. His past has been scattered among mineral exploration projects for Molybdenum, Tungsten, Gold, Copper, limestone, puzolan plaster, clay, aggregate, ornamental stones.
Ornamental stones are cool and all, but traders CAN NOT afford to get a piece of coal in their penny stockings hanging from the mantle this holiday season. Everything is lined up and ready for Swingplane Ventures.
Awesome Penny Stocks needs to be better than awesome and bring the noise on SWVI. They rebuilt some faith with PRTN and TAGG, although the faith was like when your beaten dog comes and sits at your feet waiting to get smacked again. Success with SWVI, if it is the APS pick (99.8% probability), then the bells will be ringing on Chrisnakkuhza this year.
About SWVI Stock
Swingplane Ventures, Inc. , a development stage company with a principal business objective of selling men’s and women’s golf apparel, is focused on mining explorations of their recently acquired Algarrobo Property in Santiago, Chile. The Company believes there is a tremendous opportunity to develop a state of the art processing facility to process and recover copper concentrate from ore having a grade as low as 1% (or less), further increasing the economic potential of the property.
Click here to view the SEC filings for SWVI, here for their website.
Bottom Line: How to play penny stocks like SWVI when they first come out: Be A Pig! Be Gordon Gekko and trade with the motto that “Greed, for lack of a better word, is Good.” SWVI stock won’t see any dumpage at the beginning which lets you be that B.S.D. that you want to be and prepare to give the IRS thier cut of your winnings which are dependent on whether you get in early enough and sell according to your plan — up! This could be an epic run which shames the runs TAGG and PRTN had since this summer and could actually outshine SNPK and even NSRS allowing traders to forget the atrocities of GWBU and VLNX.
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