Bullboard - Stock Discussion Forum Swiss Water Decaffeinated Coffee Inc SWSSF

Primary Symbol: T.SWP

Swiss Water Decaffeinated Coffee Inc. is a Canada-based specialty coffee company and a green coffee decaffeinator that employs the Swiss Water Process to decaffeinate green coffee without the use of solvents such as methylene chloride. The Company leverages science-based systems and quality controls to produce coffee that is approximately 99.9% caffeine free. The Company operates in three... see more

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Swiss Water Decaffeinated Coffee Inc > Stephen Takacsy on BNN today

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Post by Possibleidiot01 on Jan 25, 2021 3:24pm

Stephen Takacsy on BNN today

Now has a hold on the company.

Swiss Water Decaf Coffee (SWP-T)

January 25, 2021

They spent a lot of money building a new line in a new location and it is taking a bit of time to commission because of fine tuning and tweaking. They have to move from their old plant in a few years and this is where the challenges is. They will have to fund a second new line at the new plant in order to move out of the old one. You have to be very, very patient in this one.

Stephen Takacsy, B. Eng, MBA

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Unknown , whether he owns? This is a change , didn't he use to own 10%?

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Comment by Torontojay on Jan 25, 2021 6:58pm

He use to own around 7% of the company which was before the pandemic. I haven't heard much from him since then. I'm disappointed with how things turned out for them and all the shareholders that got burned. This turned out to be my worst investment in the last few years . I still believe there is potential for them to turn it around. They are trading well below tangible book value ...more

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