Second Wave Petroleum Inc SCSZF

Present for Hopen

[idleSpeculator]

The management has not released any NR's about; 1) Loss of Brazillian Wave Tours 2) Transit Not using system anymore 3) That VacationWOW no longer use a hosted Vivo, but instead Host their own 4) Any of the problems that have ended up causing the above or the shut down of Vivo systems servers 5) Failure to release Interim Financial Feb 01 (We / I know all of the above frm simply watching relevant websites) Point is; a) All of this info is material b) Manageent knows all of the above c) We have seen Pat and Frank selling around 1.5 million shares each while this has been going on, while they had intimate and detailed knowledge of the situation. Frank and Pat have told some investors they were selling to raise money for the audit, this is a completely legitimate reason. However, if the accounts are not filed (they are now late), a halt is called, and if the auditors were not paid there is a strong case to be made against them for insider trading. So Hopen, if you see a Halt because accounts are not filed, there is the info you need to make your case and report to the SEC. It may prove a pyhrric victory, as there will be no damages payable from the company becuase of it's financial situation, you will see a note on this in the rules I posted couple of weeks ago. Good Luck