Swingplane Venture (OTC:SWVI) Going for an Acquisition

Las Vegas, NV -- (SBWIRE) -- 02/08/2013 -- SWINGPLANE VENTURES (OTC:SWVI) share declined 2.21 percent and is currently trading at $0.44. Today, as the market opened, Swingplane touched its highest of $0.45 where as its lowest is $0.25 in last 52weeks. The company traded volume is 10.69 million, close to its traded volume of 11 million shares per day.

SwingPlane venture expects to acquire a Mid America’s issued and outstanding shares in exchange of 100 million of common stock and 5million preferred stock that can be converted to common stock as well. The company claims that their assets have increased to $291,564 quarter ending December 2012, as compared to $18,494 in June 2012.

The company’s report on its Algarrobo property is in news now days that shows additional resource potential of the company. Algarrobo property is a huge land, enrich with minerals. Complete report of the property can be obtained from the company’s website. The company is based in Colorado ad mainly operating men and women golf apparels.

To find out what OTCMAGIC projects for Swingplane Venture for both short term and long term please click here: SWVI

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