Posts Tagged ‘Forward Stock Split’

SNWT Announces Aggressive Outlook for 2010, Reflects on a Pivotal ‘09

Tuesday, January 5th, 2010

San West Inc. (OTCBB: SNWT) was one of the premier small-cap growth stories of 2009 and is poised for another stellar year in 2010. SNWT skyrocketed from less than $.01 to more than $1.70 ($.35 split adjusted) and has since retraced into the $.14 range where it has found solid support.

SNWT: 5-Day Chart

SNWT: 5-Day Chart

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San West Releases 4th Quarter Expectations and Announcement of Forward Stock Split Approval in Letter to the Shareholders

Monday, November 2nd, 2009

SAN DIEGO, CA–(Marketwire – 11/02/09) – San West Inc. (OTC.BB:SNWT – News), 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. (more…)

SNWT Declares Five-for-One Forward Stock Split

Monday, October 12th, 2009

After the close Monday, SNWT announced that its Board of Directors has approved a five-for-one forward stock split to be effected in the form of a stock dividend. The Company will distribute four additional shares of its common stock to all shareholders of record at the close of business on October 26, 2009 for every share of common stock held on that date. The shares will be distributed on November 2, 2009. The new shares issued will equal 5 times the pre-split number with fractional shares rounded up to the nearest share. (more…)