news
(OTCBB: SNWT - San West, Inc.)
LATEST NEWS!!
San West Releases 4th Quarter Expectations and Announcement of Forward Stock Split Approval in Letter to the Shareholders
SAN DIEGO, CA, Nov 02, 2009 -- San West Inc. (OTCBB: SNWT), a Company that designs, manufactures, sells and repairs off-road vehicles, apparel and accessories, releases a Letter from the President and CEO of San West Inc., Frank Drechsler, to the shareholders today addressing concerns regarding the Forward Stock Split and announcing Finra's approval. The letter also discusses Buggy World's 4th Quarter expectations and includes an update regarding the County Imports alliance, which was announced last month.
To The Attention of San West Shareholders, This past week has been one loaded with confusion and miscommunications and we apologize for that. Although there is plenty of blame to go around, none of it belongs on the shoulders of our shareholders. We have received numerous shareholder calls and emails and are grateful for your concern. We are also very happy to put an end to all of this and give another small glimpse into San West's future.
We are happy to announce Finra has just informed that our 5 for 1 forward split is set to take place the opening of business tomorrow, 11/03/2009. To clear up any and all misinformation, anyone owning shares in our company by the close of business today, 11/02/2009, will be eligible for the additional shares.
On a brighter note, Q4, the busy season for Buggy World and most retail companies, has started off with a bang and is shaping up to be the best quarter in Buggy World's history. Thanksgiving begins the prime retail season for the off-road industry, which typically ends Memorial Day weekend, and pre-season sales are the highest they have ever been, suggesting a very strong season.
__________________
sometimes the only intelligent conversation you can have is with your self !
|