SNWT Announces Explosive Revenue Growth
San West, Inc. (OTCBB: SNWT) is witnessing EXPLOSIVE revenue growth and increasing exposure to both the general and financial communities.
That could bode well for current shareholders and early entrants.
So, get ready for a week of increasing dollar volume in SNWT that could push share prices higher, adding to the bullish speculation that is buzzing around message boards and chat rooms across the internet.
SNWT’s Top 5 Recent Key Developments
- The Company – whose products were displayed on “The Price is Right” – has projected revenues to SKYROCKET from last year’s $1.6 million to as high as $8 million during 2010!
- SNWT appears fiscally sound after announcing that management secured $10,000,000 in equity financing. This could enable San West to more aggressively pursue synergistic acquisitions.
- SNWT expects to begin expanding into new product markets such as personal watercraft (PWC) and motorcycles. The most popular PWC brands are Bombardier “Sea Doo, Yamaha wave runners and Kawasaki “jet skis”. All of these are similar in characteristics, and are top sellers. According to the 2000National Survey on Recreation and the Environment (NSRE), approximately 20 million Americans ride personal water-craft each year.
- SNWT recently announce the opening of a prime new retail location that is expected to greatly increase exposure within their target market. Management expects they “…will see a better profit source than we would with the expansion of another Buggy World location and with relatively low risk for our bottom line.”
- SNWT announces more than $350,000 in Internet sales on Friday which sparked a huge rally in the stock. Moreover, the Company expects to see nearly $450,000 in online revenue for the Spring and Summer season. This figure includes the $175,000 in online sales announced on 12/23/09 and does not reflect any transactions logged in 2010. It also does not include brick & mortar sales at the Buggy World retail center, which are on track to meet or exceed management’s previous 2010 revenue guidance of between $6,000,000 and $8,000,000.
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Since its inception — approximately 43 months ago — CountyImports.com’s e-commerce platform has logged unaudited revenues of approximately $6,733,687 on sales of 8,960 units. This equates to an average sales transaction of approximately $751.53. CountyImports.com is also a very efficient sales/marketing machine, with every advertising $0.75 attracting $10 in sales.
“We hold our partnership with CountyImports.com in the highest regard and it has exceeded our quite lofty original expectations by every conceivable metric since its inception during the Summer of 2009. San West continues to experience substantial growth in online sales and we are very excited about what the Spring and Summer seasons hold for our business as participation in off-road recreational sports ramps up,” commented Frank Drechsler, San West Inc. Chief Executive Officer.
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SNWT is mirroring the run it witnessed last year when share prices surged from less than one cent to a 52-week high of $1.71 in October ($0.35 split adjusted).
Currently, the symbol is displaying a strengthening shareholder base and what appears to be the beginning stages of a move to the upside.
Traders Note: *** I expect SNWT to begin “walking-the-band” like it has in the past, making traders solid gains. The upper 20-day Bollinger band turned upwards on Friday which is a directional indicator for those that trade the trends. In fact, some traders will swear that solely trading Bollinger bands is the key to their winning systems. ***
I will discuss more about this more about this powerful indicator which is one of the most popular technical indicators for traders in any financial market.
Watch SNWT trade tomorrow and move northbound!
Best Regards,
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injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. LiquidTycoon’s affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. LiquidTycoon encourages readers and investors to supplement the information in these reports with independent research and other pro advice. LiquidTycoon encourages readers and investors to supplement the information in these reports with independent research and other pro advice. LiquidTycoon has been compensated four hundred four thousand dollars for an month investor awareness program by a third party for SNWT in October and November of 2009 and is in negotiations for an additional four hundred
thousand dollars for additional advertising services. All information on featured companies is provided by the companies profiled, or is available from public sources and LiquidTycoon makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to or sell any securities. Any claims or Statements should be deemed apocryphal. LiquidTycoon, nor any of its affiliates are not registered investment advisors or a broker dealers.
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