SNWP.OB

[evgeny05]

Hi
Similar sellers dry up  (only my opinion)

[evgeny05]

Hi
Yes SELLERS  dry up. I think SNWP within the next few days will try to break MA (50) 0.03.  (only my opinion)

[evgeny05]

Hi
It will be possible today critical day 
Good luck.

[evgeny05]

Hi
From  http://americanbulls.com/StockPage.asp?CompanyTicker=SNWP&MarketTicker=OTC&TYP=S 


Satellite Newspapers Gains 16.67% On Higher Volume
via COMTEX
Apr 16, 2006 11:45:00 PM
Apr 17, 2006 (financialwire.net via COMTEX News Network) --
April 17, 2006 (FinancialWire) Satellite Newspapers (OTCBB: SNWP) gained 16.67% Thursday on volume of 870,492, which was higher than its average 577,255, to end the day at $0.014.
Satellite Newspapers Corp. is enrolled in Investrend Research's unique and pioneering professional analyst program, which facilitates independent analysts to provide financial coverage for shareholders and investors in companies that otherwise would have little or no analyst following. Enrollment in standards-based research is an important measure of a company's commitment to transparency and good governance.

Benchmark research coverage is scheduled to be initiated by an Investrend Research analyst. The company enrolled in the coverage December 11, 2005.

The Investrend Research program is the largest in the world and includes a number of safeguards to reduce or eliminate conflict. These systems, including media coverage and endorsements, may be accessed at http://www.investrendresearch.com.

Investrend Research subscribes to the "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com, and adheres to the Guidelines for independent providers jointly endorsed by the National Investor Relations Institute (http://www.niri.org) and the CFA Institute (http://www.cfainstitute.org).

[evgeny05]

Hi
I do not think that SNWP will be long is in 0.011-0.015 I suspect to this week SNWP will break MA (50) 
Today there was an attempt to break 0.015 but Nasdaq has fallen.
Dealers - doji

[evgeny05]

 

[evgeny05]

Hi
Yesterday there was a unsuccessful attempt to break 0.011
I the optimist with SNWP also do not see any reason to sell, it is just necessary a few patiences.

[evgeny05]

HI
Two days on end SNWP are finished with day a signal - Umbrella - (has the potential to signal a bullish reversal at the bottom if it appears after a long downtrend, long black candlestick or if it is seen at a visible support level. Likewise; umbrella may signal a bearish reversal at the top if it appears after a long uptrend, a long white candlestick or if it is seen at a visible resistance level. Bearish or bullish confirmation is required in both situations.)-http://www.candlesticker.com/Cs09.asp

TA - http://www.stockta.com/cgi-bin/analysis.pl?symb=SNWP&num1=1&cobrand = and amp; mode=stock

I do not see the reason for falling FA and TA (SNWP for 4 months has fallen from a level 0.12 up to 0.011) now there is an establishment of a platform (basis). I think that very soon we shall see start.
(Only my opinion)

[evgeny05]

Hi
I am still was insolent the plan

[evgeny05]

Hi
One of rules of trade at a stock exchange this patience and skill to wait. I hope, that was not mistaken in my choice - SNWPE. I am was insolent the plan - sale not less than at 0.05 .
http://americanbulls.com/StockPage.asp?CompanyTicker=SNWPE&MarketTicker=OTC&TYP=S
http://www.stockta.com/cgi-bin/analysis.pl?symb=SNWPE&num1=2&cobrand=TV&mode=stock

[evgeny05]

Hi
Look chartr 

[evgeny05]

Hi
Similar game begins
Volume!!!
Good luck.

[evgeny05]

Hi

http://biz.yahoo.com/e/060523/snwpe.ob10ksb.html

SNWPE - Back 

[evgeny05]

10KSB/A: SATELLITE NEWSPAPERS CORP


By Edgar Online - (EDG = 10Q, 10K)
Last Update: 5/24/2006 11:56:59 AM Data provided by 

(EDGAR Online via COMTEX) -- ITEM 6 MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

When used in this Form 10-KSB, in other filings by the Company with the SEC, in the Company's press releases or other public or stockholder communications, or in oral statements made with the approval of an authorized executive officer of the Company, the words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.

The Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date made, are based on certain assumptions and expectations which may or may not be valid or actually occur, and which involve various risks and uncertainties, including but not limited to the risks set forth above. In addition, sales and other revenues may not commence and/or continue as anticipated due to delays or otherwise. As a result, the Company's actual results for future periods could differ materially from those anticipated or projected.

Unless otherwise required by applicable law, the Company does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

Overview

We receive, distribute and sell newspaper data on a daily basis through multiple outlets or Kiosks. We produce and sell the KiOSKS on an international basis. After introducing the CLiENT Application CD-ROM version, we increasingly sell Newspaper prints via this channel. We generate revenue as follows:

The Company receives a fee for each KiOSK sold;



The Company receives a fee for each CLiENT application sold in addition to a yearly user fee; and

The Company receives a fee for each newspaper printed through the CLiENT

Satellite Newspapers distributes its content through the use of five satellite stations and three uplink stations as well as through the Internet.

Managements' Discussion and Analysis

Results of Operations - Year Ended December 31, 2005 Compared to Year Ended December 31, 2004

Net Sales

We had net sales of $1,671,954 for the year ended December 31, 2005 as compared to $1,090,571 for the year ended December 31, 2004. This increase in net sales is a result of our change in business operations to focus on the deployment of electronic newspapers through our KiOSK system as well as our recently launched CLiENT Software Application.

Cost and Expenses

Cost and expenses for the year ended December 31, 2005 was $3,998,783 as compared to $8,279,548 during the year ended December 31, 2004, which consisted of selling, general and administrative costs and services. Cost and expenses during the year ended December 31, 2005 included cost of services ($865,510), selling general and administrative ($2,695,784), stock issued for services ($0) and depreciation and amortization ($437,489). This decrease in cost and expenses is a result of our change in business operations to focus on the deployment of electronic newspapers through our KiOSK system as well as our recently launched CLiENT Software Application.

As a result of the foregoing factors, we realized a net loss of $2,617,485 for the year ended December 31, 2005 compared to a net loss of $7,462,755 for the year ended December 31, 2004.

Liquidity and Capital Resources

At December 31, 2005, we had a working capital deficit of ($12,087,594). Further, at December 31, 2004 we had a working capital deficit of ($9,470,109), as a result our auditors have raised, in their current audit report, a substantial doubt about our ability to continue as a going concern. We will be unable to continue as a going concern in the event we are not able to raise capital in order to develop and implement our business plan and continue operations. Until such time as sufficient capital is raised, we intend to limit expenditures for capital assets and other expense categories.

There is no assurance of financial viability for Swiss Satellite Newspapers. We depend on the financial viability of Swiss Satellite Newspapers for our content and satellite transmission. Swiss Satellite Newspapers has limited revenues to date. Our business would be materially harmed if Swiss Satellite Newspapers is unable to continue to provide us with its content, satellite transmission and technical support.

On December 1, 2003, we entered into a consulting agreement with GCH Capital, Ltd to provide assistance relating to business acquisition and general business strategies. On April 16, 2004, we issued 5,000,000 shares of common stock to GCH Capital Ltd. in consideration for services provided. There is also a monthly consulting fee of $10,000 per month for 24 months payable from the above shares. In connection with the May 2004 private placement, we paid GCH Capital, Ltd $150,000 to terminate the consulting agreement.

We had unsecured loans to individuals in the amount of $1,247,878 at December 31, 2004. The loans matured between July and November 2004 and are currently past due. The loans were interest free for the first year and accrue interest at the rate of 6% commencing after the first anniversary date of the loan. As of the date hereof, we have not repaid these loans.

As of December 31, 2004, Roy Piceni, our principal stockholder and an executive officer and director, has advanced our company $1,436,617.

To obtain funding for our ongoing operations, on May 19, 2004, pursuant to an offering conducted under Rule 506 of Regulation D, as promulgated under the Securities Act of 1933, we sold 10,869,565 shares of common stock to accredited investors in a private offering. In connection with the offering, we sold 10,869,565 shares of common stock at a price of $.23 per share. In addition, we also issued 10,869,565 common stock purchase warrants exercisable at $1.50 per share. We raised an aggregate of $2,500,000 in connection with this offering. In November 2004, we entered into an amendment of the Securities Purchase Agreement whereby we cancelled 2,173,913 shares of common stock and issued to the investors to the investors secured convertible debentures in the amount of $500,000.

During the third quarter ending September 30, 2005, holders of the 5% convertible subordinated debenture converted their holdings to common stock at the stipulated conversion rate of $0.23 per share. Accordingly, 521,732 shares of the Company's common stock were issued to convert 120,000 convertible subordinated debentures.

On November 21, 2005, the Company entered into an agreement with GCH Capital, Ltd., Palisades Capital, LLC, and Dojo Investments, Ltd, (hereafter, referred to as the "Investors") to convert $380,000 of 5% convertible subordinated debentures currently outstanding on the Company's financial statements, exercise the outstanding warrants and waive all reset, price protection and anti-dilution rights. The Investors purchased the convertible subordinated debentures and warrants, as well as all related anti-dilution and reset rights related thereto, from the original investors that were part of the 2004 private placement agreements, and obtained signed releases from the original investors to release the Company from any remaining anti-dilution provisions and reset provisions which were part of the 2004 private placement agreements. In consideration for the conversion of the convertible subordinated debentures, exercise of the warrants and the renegotiation of the anti-dilution and reset provisions, the Company agreed to issue 49,500,000 shares of its common stock to the Investors.

One of the terms of GCH Capital entering into the agreement was that Media Finance en Suisse Holding GmbH, as well as Mr. Roy Piceni converted their notes payable into shares of common stock.

We believe we will still need additional investments in order to continue operations to cash flow break even. Financing transactions may include the issuance of equity or debt securities, obtaining credit facilities, or other financing mechanisms. However, the trading price of our common stock and the downturn in the U.S. stock and debt markets could make it more difficult to obtain financing through the issuance of equity or debt securities. Even if we are able to raise the funds required, it is possible that we could incur unexpected costs and expenses, fail to collect significant amounts owed to us, or experience unexpected cash requirements that would force us to seek alternative financing. Further, if we issue additional equity or debt securities, stockholders may experience additional dilution or the new equity securities may have rights, preferences or privileges senior to those of existing holders of our common stock. If additional financing is not available or is not available on acceptable terms, we will have to curtail our operations again.

Cash Flows

Net cash used in operating activities was $1,52,537 for the year ended December 31, 2005 and $2,066,797 for the year ended December 31, 2004. This decrease was primarily due to the increase in the net loss.

Net cash provided by financing activities was $1,207,352 and $2,788,705 for the year ended December 31, 2005 and 2004, respectively. The net cash provided by financing activities for the year ended December 31, 2005 consisted primarily of loans provided by Mr. Piceni and his Company Media Finance.

During the year ended December 31, 2005 the net cash used in financing activities consisted primarily of $1,207,353 from the acquisition of property and equipment.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future material effect on us.

May 24, 2006

[evgeny05]

Hi
Only there is some patience (my opinion)