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Unread 02-20-2006, 06:50 PM   #9
BillA
CoolingWorks Tech Guy
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Join Date: Dec 2000
Location: Posts: 2,371.493,106
Posts: 4,440
Default Re: Is Swiftech going down for the count?

Quote:
Originally Posted by Lothar5150
I think the odds are against it. First all of Swiftech's vendors will know the new entity is owned by Gabe and they will likely refuse to do business with the "new entity" if Swiftech goes belly up with debt to his vendors. Further I think Gabe would have difficulty securing a line of credit to restart or investor financing. Obviously if he can't get financing for his current venture he is unlikely to get funding to restart. Personally I think if the 4th quarter earnings are as bad as the last three quarters then 2006 will mark the end of Swiftech as a player.
I am here to say clearly that with my 1,600,000 shares of Swiftech stock,
Gabe will NOT raise money selling paper while he owes me unpaid wages

(yes guys, I am pissed off at being lied to)
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