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Post# of 23155
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Omnitrader

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Omnitrader

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Re: None

Thursday, 05/10/2007 9:45:15 AM

Thursday, May 10, 2007 9:45:15 AM

Post# of 23155
SNWP DD

bid ask .001x.0017

SNWP has 423M outstanding as of 3/27, and based on the proceeding
information, I do not believe that is going to change. The CEO,
according to the filings, owns 58.3% of the common shares. That means
that there should be about 177,817,585 in the float, which is less
than $200,000 of stock at the current bid of $.0011. Needless to say,
I don't feel there's a whole lot of stock out there.

Here's where it gets interesting. The company has had problems, seems
to winding up its newspaper business, and is doing a 50:1 reverse
split in the near future. No good, right? From what I've read on iHUB
from the people following this stock (and there seems to be many),
that's where most of the audience is lost.

However, the PRE14C form the company filed on April 27 paints a very
enticing picture of an upcoming asset purchase and ownership change
which seems to essentially resemble a reverse merger. Since the
company does not have a track record of issuing ANY sort of press
releases, it's hard to blame someone for missing this.

Here's the text from the 14C: http://tinyurl.com/3dfwk9

In addition on March 27, 2007 the Company's Board of Directors and
majority of its Shareholders approved to accept subject to due
diligence by all parties the March 21, 2007 Memorandum Agreement
executed with International Creative Property Concepts NV and Andreas
Yanakopoulos, an operator and provider of elderly care services in
Belgium, registered in Kapellen, Belgium. The total purchase price
is € 35,535,250 or $47,428,902 at a conversion rate of 1.3349 as of
this date to be paid with the Company's common stock, at an agreed
share price of $0.35, for a total of 131,998,071 common stock post
Reverse Stock Split which will represent 73.2% of all issued and
outstanding shares of the Company. These shares will have a lock up
period for a period of two years.

Before you see the $.35 price and get really excited, this is on a
POST-SPLIT basis. That being said, it's still a very large PREMIUM to
the current market value of the stock.

Let's say you bought 250,000 @ $.001. After the 50:1 split you'd now
have 5,000 shares @ $.05 -- still 86% CHEAPER than the value of the deal.

According to the 3/27 8K, the company is acquiring the following
properties:
--
1.PLS. MORETUISLER ANTWERP , 58 bed licenses, annual rental income €
317,550, valued cat 6%: €5,292,500, outstanding mortgage € 2,700,000,
net value € 2,592,500.

2. BERGHEM ANTWERP , 55 bed licenses, annual rental income € 301,125,
value at 6%: € 5,018,750, outstanding mortgage € 3,500,000, net value
€ 1,518,000.

3. VOTTEM LIEGE , project 0 bed licenses – 265 bed licenses after
completion, value at € 6,000,000, outstanding mortgage € 2,300,000,
net value € 3,700,000.

4. RED CROSS BUILDING , annual rental income € 450,313, value at €
8,204,000, outstanding mortgage € 4,300,000, net value € 3,904,000.

5.LEOPOLDSBURG , 120 bed licenses, annual rental income € 657,000,
value at 6%: € 2,500,000, outstanding mortgage € 1,000,000, net value
€ 1,500,000.

Land :

1.LINKEROEVER LEND , 40,000 m2, value € 8,000,000, no outstanding
mortgage.

The total agreed Net Value of the Six (6) Phase 1 properties is €
21,215,250 or $28,320,230 at a conversion rate of 1.3349 as of this date.
--

So they are bringing in over $28M in net value (property value -
amounts owed), plus $2.2M USD in claimed INCOME being produced from
the properties.

The kicker is -- the stock to acquire this all is being priced at $.35
post split, nearly 7 times the equivalent pre-split price right now.
On top of that, the selling party is taking 2-YEAR RESTRICTED STOCK
which will represent 73.2% of the outstanding! So the remainder of the
26.8% of the shares, or about 50M shares, will be in the float. Not
too shabby at $.05-.10.

--
The total purchase price of all phase 1 properties as listed above
and the Phase 1 Operations is € 35,535,250 or $47,428,902 at a
conversion rate of 1.3349 as of this date to be paid with Registrant's
common stock at an agreed share price of $0.35, for a total of
131,998,071 common stock post reverse split which will represent 73.2%
of all issued and outstanding shares of the Registrant. These shares
will have a lock up period for a period of two years.
--

Right now the company's market cap is $648,000. If there were no
increase in the share prices at all, immediately following the split
there would be roughly a $9M market cap. The difference between the
two figures is the price being paid for the properties -- only about
$8.5M for $28M in value and $2M in income. One heck of a deal.

If the market cap, post-split, were simply to meet the purchase price
of the assets and income being acquired, the stock would trade at
roughly $.25, or about $.005 pre-split.

It might sound a little complicated, but think about it - it's like
being able to purchase $300 worth of stuff for a $150 check. Since I
purchased shares yesterday, I have an potential interest in the $47M
deal when it was priced at only a $8.5M deal, which should increase
the value of my interest considerably.

Do some research on this one, check the filings (especially the April
PRE14C and the March 27 8K), and keep an eye on it as they move closer
to completing this transaction.

** THIS IS NOT AN OPINION TO BUY OR SELL SECURITIES. I have purchased
250,000 shares of SNWP on the open market at $.001/share, and have
full intent to sell my entire position, for a profit or a loss, at any time, and
for any reason. Nothing I post on public message forums is to be construed as
anything other than speculation, and investors are
cautioned that I have an inherent bias in my viewpoints and opinions
about the company. I am not qualified to render an investment opinion
whatsoever and investors should only rely on historically-proven and
factual information contained in public press releases and/or filings
released by the company for accurate information and representations
regarding the company.

Regards and Best of Luck,
Tim / PQL Research
http://www.pqlresearch.com



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