9th Highest Trading Day Ever for SLW, Almost One Million Shares

October 23rd's trading day ended with an almost one million shares of SLW(SLCAPEX) traded, virtually double the highest volume total for the last 30 days and the ninth largest single day share movement in SLW(SLCAPEX) history.

SLW(SLCAPEX) has traded within the .10-.20 range for most of the last half year, and even the consistantly large daily volumes have not helped recover the stock to its daily average of ~.50 that it enjoyed the first few months after the IPO.

SLW(SLCAPEX) has not posted dividends yet, and has been plauged by financial troubles since at least the August 9th, 2008 announcement by Arbitrage Wise that one of SLW(SLCAPEX)'s plans to return to solvency was relying upon poker winnings and an online poker bot. Arbitrage Wise has stated that he is intent on putting his own personal and RL assets into returning SLW(SLCAPEX) to a profitable state, no matter the results with his Sportsbook and Poker business, and otherwise there have been no further updates available via normal channels.

It is indeed Sportsbooking season again, and Wise had this to say before the season began, "The numbers will show you that we made $130,000 last season. Remember that my only source of income/capital was the 17M, so take away my living expense, add in the additional real life debts, and that's what our starting investment was. So assuming I had a living expense of say $31,000 a year, our starting investment is $100,000. So our rate of return was 130%. Unfortunately, and a big unfortunately, one of our books went insolvent with about $170,000. So instead of making 130k, we lost 60k. Naturally, I blame this 100% on me. I should not have let the balance go that high in the first place without withdrawing some of the funds. I'm going to close the books there and make sure I don't repeat the same mistake. It's time to move on - can't dwell about the past."

The SLCAPEX community has been quite patient with SLW(SLCAPEX), and once the August 9th announcement was made seemed to be well at ease with the plan of action as set forth by Wise. Only time will tell if SLW(SLCAPEX) will recover to its previous highs.