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There was a PR last Thursday for SSWH that was rather ambigious but was nevertheless informative. This PR that tells us that more news and more activity is to be expected from this company.
The PR noted that they have "plans to enter agreements with numerous manufactures across the midwest to fulfill orders and co-manufacture products soon to be offered on-line." That would only have to mean more PR's.
Then they say this: "We are currently finalizing the details on the manufacturing end that will allow us the opportunity to begin selling product both through retail and wholesale outlets across the country and international. Many of the licensing agreements are in the final stages of negotiations." If this is the case, and if they are really in the process of finalizing a deal, expect a PR in the next week or 2 detailing this.
We know that they have a relationship with Nascar, a PR about finalizing a contract with them could be in a few weeks.
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*****SSWH DD***** By Mach1Cobra found at (http://www.investorshub.com/boards/read_msg.asp?message_id=3208101)
SSWH: this stock is poised to run with very unique patents * website up and being updated now with drop down order menus coming very soon * Unique patents bonds logo glass to metal * withstands extreme cold and heat and will not rust * major contracts coming with Sports teams both college and professional * talks with Nascar * talks with FORD Motor company also Ford has been testing application for 5 years now and are in talks for contracts * this unique patented process will not rust and can be used on brakes, pipes, and is being looked at for catalytic converters and is a better product with less cost. * O/S share amount 900 million * insiders own 300 million * float 600 million with very large amount of longs, watch level II each day and the movement, Market makers have very few shares *This is a one of a kind opportunity with a very unique product * SSWH has held up very well in such a down market over the last several weeks * Bashers have called this a pump and dump, but thing is nobody has been dumping other than daytraders and swing traders. * put this stock on your radar and watch it very closely, these levels will be behind us very soon IMO
07 Apr 2004, 03:37 AM EDT --------------------------------------------- Imperative SSWH Info…
I talked with Jerry Leslie who is the treasurer and secretary of Sports Wheels Inc., SSWH. Very informative conversation. Paul Stringer is the president of SSWH whom I am supposed to finish talking with at a later time to obtain further information.
Transfer Agent & Profile: Transfer Online Portland, OR 97204
AS = 950,000,000 OS = 900,000,000 Restricted/Insiders = 300,000,000 Float = 600,000,000 (Less than 200,000,000 are left in the Float)
** SSWH currently have been in business relationships with Ford, GM, and Chrysler for the past 5 years, since 1999 with working on a few different projects. Their technology can be seen by looking at your Webber Grill logo.
** One of the things SSWH has been working on with GM, Ford, and Chrysler is the coded catalytic converter to eliminate the heat shield with their calipers and brake drums coded with zinc which is painted black. That's what causes the rust from the car. Their patented technology will reduce rusting tremendously.
** SSWH are providing prototypes that are being done up for their sports wheels for finalization which they can't be specific on any details to the public just yet. The finished products should be out in less than 2 weeks if I had to guess.
** SSWH is seeking an A-3 rating which is a noted rating throughout the auto world and other major industries that is considered second to none. Right now they are in the central testing phase and soon afterwards they will have assigned their specifications.
** SSWH has added Dr. Scott, a retired ceramic tile professor from University of Washington, to their management team. Dr. Scott was responsible for developing the heat shield for the space shuttle. His knowledge and skill is expected to catapult one of their patented technologies that bonds and fuses glass to metal.
** SSWH have deals that are either finished or very nearly finished with two large professional sport teams in Dallas (hmmm), LA Lakers, and throughout. So far, 2 professional teams have signed up thus far.
** SSWH has signed a major contract with Hunter to promote their products. Hunter is the largest promotional distributor in the America. This contract facilitates SSWH process for coordinating with all professional sports teams. This contract also opens the doors to over 300 Colleges and Universities.
** SSWH is in coordination with the US Marine Corps.
** SSWH has signed a major contract with the soft drink company called Ale-8 Soft Drink Company, located in the Mid-west. The contract was to put SSWH wheels on all of their trucks.
** Jerry Leslie flew to Dallas after the Detroit convention to approve the silk screening and to sign more contracts with more professional teams to be revealed later to the public. I anticipate the teams to be the Dallas Cowboys and the Dallas Mavericks.
** Only a guess, but I am expecting a tender offer from a major company to the SSWH for a buyout. I’m just guessing somewhere one on the lines of Ford, GM, and Ford. This is an untapped marked that many major multi-million dollar companies would love to be the first to bring SSWH and its patented technologies to the world on a large scale. I can think of many reasons why a major company would love to buyout SSWH to have their current contracts, pending contracts, patents, and etc. under their belts to enhance their balance sheets.
The company is ready to begin releasing PRs of substance to provide to the public it’s variety of business ventures along with their statuses. I was told by the company 1 or 2 PRs per week will be coming soon. If I had to guess “soon” would be less than 2 weeks!
This is a stock that is not known as many have not heard of their technologies and is aware of their potential. I expect for SSWH to be around for a long time. I also expect for SSWH to make many of us prosperous!!!
posted
I got in on thursday with 121600 shares at .0024 looking to trade it soon but not quite sure have a good feeling about the company and huge gain if sell at .006
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Well I have been in NNCO before, rode it to 1 cent to 4 cents back in January. It is a good play but the stock has to have really good news. Then again the R/S is any time soon so that is something to be afraid of.
If you read one of the articles it stated that Mychal Thompson was apart of the company. If you are a Lakers fan this information is enough to spark some interests.
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Been swing trading this one for 2 weeks. Just bought at .0044. So are you saying this is getting ready to run or is there a couple more swings in this?
posted
With contracts eminent this stock can go back to .016. It ran to .016 on no news as Sterling pumped it. But this time we have something solid, we have CONTRACTS on our hands.
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it is for a remote control car with an adjustable suspension! i am a complete idiot for getting caught up in your hype but and not looking at this stuff more closely. i am not saying that you aren't on to something, just that i want to know why one should buy this stock? it seems that dealings with someone like Ford Motor Co. would be on the web site not just in speculative pr. just looking for some real info.
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Gone to the Dogs, all I know is that there WILL BE A PR, and my guess that it COULD be substantial. My tip is only this, get in before this expected PR. I could be wrong though, but it looks like SSWH will be doing great come a few weeks or months.
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That sounds great BUT, why is it that the only patent that the only thing a patent search for Sports Wheels, Inc. turned up was that remote control car. Someone lied or the patent office has lost their information. Why would you have a website for a automotive accesory (and other "technologies") company that looks like it is a financial news service when you click on any of the tabs? Wouldn't you be promoting your products? Not trying to bash, Lord knows I want this to go up but I think these are valid questions, no?
------------------ Dear Lord, Please help me to be the man my dog thinks i am.
I'm assuming you simply didn;t see the correct link I provided in thye SSWH post about one month ago. You posted under that topic as well. Just in case everyone is getting caught up on this, yes, that link provided above is incorrect. It was a mistake by the person who orgininally posted it. (I'm referring to the patent link which takes you to a patent for radio controlled cars.
Here is the correct patent link... SSWH (Sports Wheels Inc.) patent: http://pa tft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/search-bool.html&r=1&f=G&l=50&co1=AND&d=ptxt&s1=6,518,209&OS=6,518,209&RS=6,518,209
posted
Yes that is a patent, but it doesn't show SSWH as the owner, I took a shot in the dark and sent a letter to the owner listed. I'll give you a for instance, my cousin has patented and manufactures a chair called the Wearever Chair - http://www.welcomproducts.com and on his site he mentions vendors that stock the chair and big names that have used it as a promo item. Their site doesn't seem to lend any credibility to their product. Even if they are in the developmental stages with the wheels they should have samples of how the technology is being used now. I am just having a hard time with the only information mentioning some of these companies names is found in paid press releases. His little company i not even public and he has been featured on several national tv shows, in newspapers and does business with names like Wal Mart, CVS, The SPorts Authority. It seems like this cutting edge technology and cool product should be getting some attention. At least a spot on Cold Pizza?
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The float is 600 Million, but by the volume today and how it affects PPS, the FLOAT that remains is tightly held. This is an easy gainer/loser stock, so trade wisely.
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Sports Wheels Rolls On With Planned Product Launch This Summer Business Wire - June 03, 2004 12:00
VANCOUVER, Wash., Jun 3, 2004 (BUSINESS WIRE) -- Sports Wheels Inc. (Pink Sheets:SSWH), a premiere wheel technology company, today announces that its patent has been formally introduced to automotive manufactures around the country. The company looks to gain traction in the industry before launching new products and services. "We are very excited that last weeks road trip brought clarity to the direction and opportunity we face as a company. Our expectations for launching a series of products this summer is reachable," stated CEO Paul Stringer.
Over the last year the company has explored its viability with manufactures to finalize its production and now plans are set to release its product line by the end of summer. Sports Wheels Inc. through its web site plans to sell direct to consumers. "Logistically we are set to launch the consumer line as soon as we finalize production schedules. We plan on selling direct to clients through the website and through retail outlets down the road. A strong presence in the decorative wheel segment will allow us to gain market share. The introduction of our products lends itself perfectly to an already growing national market of products supported by sports enthusiast around the country," stated Stringer.
The company plans to add additional member services to the website over the next week to support future investor relations questions. Sports Wheels Inc. has launched a new site over the last month that is still a work in progress. In the next several weeks we will be adding features to begin order processing. Please watch for new announcements and events at http://www.esportswheels.com.
Sports Wheels Inc. is a leading provider of marketing alternatives for the automobile industry specializing in sports memorabilia and collectable artwork for the car owners. You can find out more about Sports Wheels Inc. by viewing our website. Please note that we can also be found under the symbol (Pink Sheets: SSWH.PK.).
This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections objectives, goals assumptions or future events of performance are not statements of historical fact and may be 'forward-looking statements. 'Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which would cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as expects," will, 'anticipates," estimates, "believes, or statements indicating certain actions "may,' could or 'might" occur.
SOURCE: Sports Wheels Inc.
Sports Wheels, Inc. Paul Stringer, 360-750-0761 pstringer@esportswheels.com
posted
I had to go out for a bit, I was gonna put an order in for .0038, glad I didn't I came back to find it falling to .0032, thought I saw a trade at .0031. Think I'll wait and see with this one. Probably a great buying opportunity though.
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Anybody else notice how wierd the buys and sales are. It shows 150,000 then -150,000, it has been like that all morning. It looks like the MM's are forcing this down for some reason. Wish I had seen this ealier to get out and buy back low. Any comments. Are they trying to buy cheap before a run? Somethings going on.
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This is a stock that is tightly held. The selling that is happening is making the PPS go negative but it is indicative of the fact that SSWH can also move substantially up.
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I believe some people are selling their other stocks, which probably includes SSWH to get into CMKX. Besides LSTA, ONEV and PTSO, there are no positive penny stocks that I am aware of.
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Well, this is the volume number from the raw data chart. It showing a 150,000 trade then a correction of -150,000 volume. This has happened numerous times today making it look like to me that someone is saying a traded at .0037 nope I didn't, yes I did no I didn't then dropping to .0035 doing it over again and then further down. Just looks like its being manipulated into going down. I don't know that because I have never seen anything like that before.
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How low will it go? If you have the funds to gamble with right now looks like a great time to put some money on this horse, as i type this it just jumped up from .0027 to .0030.
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On 1-2 grand sales this stock is heavily manipulated. I am long, in at .0045. I have no more money to average down. But because it is down to .003, IMO it has created a nice buying opportunity that won't last for long. The price is not moving down because investors OVERALL have lost confidence in SSWH, rather it is moving down because of the blantant manipulation the MM's have caused by executing the sales of small group of peeople. In their 1-2 grand sales they have substantially lowered PPS. But for those who have 1-2 grand to buy a stock, this selling has created a very good entry.
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