San West, Inc. Announces Top Revenue
19 May 2010

San West, Inc. (OTC:SNWT) reported top revenue for the first quarter of 2010. It reached almost $500 thousand and represented the highest sales in SNWT’s history. 

Following the records, we can see the company has been promoted plenty of times, and compensations were paid to the promoters by third parties. As a result, the SNWT stock price rose up immediately. Yesterday the price change for SNWT stocks pointed +35.58%, which is a price jump of $0.018 for the day.

The novice traders are strongly advised to buy SNWT but we can’t be sure this is the right thing to do. Though the revenues for the first quarter of 2010 increased 175%, the company reported a net loss of over $900 thousand, compared to the net loss in 2009.

San West, Inc., formerly Human BioSystems, designs, manufacturers, sells and repairs off-road buggies, and additionally provides after market performance products and accessories for them. When checking SNWT website, we can see that there is not enough information on the company and its recent news and projects. Still it’s up to us to decide if to rely on the current price jump or not.

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