posted
Now its time to dilute the price all the way down to nothing! Keep in mind that a very "trusted" person that left our boards is 10% owner in this company! Well he's going to be a ton richer once the dilution is done.Smart very smart in a crookish kind of way.
posted
I think we've got a couple of weeks to go still before this stock can be posted on this forum.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money. Posts: 1032 | From: DFW | Registered: Oct 2005
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posted
I still think they could do that, but a reverse split without follow-up PRs to sustain and grow the new PPS simply screws all the longer shareholders. I made some decent profit off the old ticker but, IMO, they screwed any longs they might have had.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money. Posts: 1032 | From: DFW | Registered: Oct 2005
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posted
Would somebody just please buy my thousand shares of SVXA!!!??? I'll even throw in a worthless piece of aluminium foil in that they dug up in some ship that sank 500 years ago. LoL.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Maybe we should start a pool.. how long before this sinking sob drops to the sub-pennies again.
Posts: 234 | Registered: Jan 2006
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posted
SVXA can sink down to the bottom of the Pacific Ocean with the rest of those row boats they're tryin' to "explore". Has the Love Boat sunk yet?
"The Love Boat"
Love, exciting and new Come Aboard. We're expecting you. Love, life's sweetest reward. Let it flow, it floats back to you.
Love Boat soon will be making another run The Love Boat promises something for everyone Set a course for adventure, Your mind on a new romance.
Love won't hurt anymore It's an open smile on a friendly shore. Yes LOOOOOOOOOOOOOOOVE! It's LOOOOOOOOOOOOOOOVE! (hey-ah!)
Love Boat soon will be making another run The Love Boat promises something for everyone Set a course for adventure, Your mind on a new romance.
Love won't hurt anymore It's an open smile on a friendly shore. It's LOOOOOOOOOOOOOOOVE! It's LOOOOOOOOOOOOOOOVE! It's LOOOOOOOOOOOVE! It's the Love Boat-ah! It's the Love Boat-ah!
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Well, you can always wait another week when it's back down to the sub-sub pennies, then you can sell the 5 shares you're still holding. lol
Posts: 234 | Registered: Jan 2006
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Yea, sorry about that.. couldn't help it. Obviously not a lot of love for this company. Good luck!!!
Posts: 234 | Registered: Jan 2006
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NEWTOWN, Pa., Jan 24, 2006 (BUSINESS WIRE) -- Sovereign Exploration Associates International, Inc. (OTCBB: SVXA), a leader in international maritime archeology and artifact recovery, announced today that its portfolio company, SEAI of Spain, Inc. requested the Commonwealth of Virginia renew the recovery permit for the Spanish Frigate JUNO lost off the coast of Assateague Island, Virginia.
Luis Angel Valero, President of SEAI of Spain, Inc., a SVXA portfolio company, and Peter Knollenberg, Chairman of SVXA worked closely with Spanish government officials to secure an agreement signed with the Kingdom of Spain to recover the Spanish Frigates JUNO and GALGA. Sea Research an SVXA portfolio company will be responsible for the recovery operation of the JUNO. "We will be following Spain's archeological guidelines during the recovery and conservation of artifacts and we will adhere to the permit requirements of the State of Virginia in a collaborative effort to preserve the maritime heritage of the vessels and develop a strong cultural exchange between our two countries", stated Mr. Valero. "We had invested a significant amount of time and funds in the JUNO project before SVXA went public", explained Mr. Knollenberg who added "our shareholders, the Kingdom of Spain and the Commonwealth of Virginia will all benefit from a successful recovery of the JUNO and GALGA. We view our agreement with the Spanish Government as an important vote of confidence in our ability as a private sector company to provide a public service in helping to discover and present historical information, while contributing to educational programs.
"The JUNO and GALGA represent the first of several projects that will be undertaken by our portfolio companies Sea Research and SEAI of Spain." said Robert Baca, President of SVXA. The JUNO, a Frigate of 34 guns, was lost in 1802 sailing to Cadiz with a wide variety of cargo. The GALGA with 50 guns was the El Capitaine of the 1750 fleet sank en route from Havana with "Passengers of Distinction". "As we move forward with our film series; Shipwrecks That Changed the World, we see the sinking of these and other Spanish vessels as a major component of the story." added Mr. Baca.
SVXA will post background information to http://www.sea-int.com/ on the JUNO and GALGA over the next week.
-------------------- "Man who excels at putting worm on hook is Master Baiter" Posts: 678 | From: Boise, Idaho | Registered: Nov 2005
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posted
Someone congradulate me for selling my whopping 1,000 shares at .50! Now I'm outta this sh!tty company for good!!! Took a big loss after the split but as long as I'm out, I "ain't" looking back to SVXA ever again! They can rot in the pits of hell for all I care.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Yeah, DWE, I think they made a big mistake alienating the stockholders by doing that unannounced r/s. An announced one with a week's notice would have been much better for the long run of the company.
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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posted
I'll consider getting in once it drops back to pre-R/S levels. At the rate it's going, it should not take long. What were they thinking.
Posts: 170 | Registered: Jul 2005
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Ok, I'm back in with a small position. It's now worth about the same (at .50) as the .0005 it was trading at BEFRORE the 1000 to 1 r/s. I got out a little early last time, as it went all the way up to .0025 (or thereabouts), which is now 2.50. From there we have dropped 80% (typical after an r/s).
So I'm thinking the time is ripe and maybe we can get a double here (or higher). My info is showing the o/s is only 2.29M and the L2's are looking better. Anybody else still watching this one?
Posts: 344 | From: Berkeley, CA | Registered: Sep 2005
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posted
Got rid of my SVXA shares yesterday. A whopping thousand shares! LoL. Feels like you got rid of that piece of junk car that's been sitting in front of your driveway for years that nobody wants.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"