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sw owes another $360,000 Cash to Wells Fargo by 31 Oct ,,,
According to the latest 10-Q [ dated 19 August 2008].
The 'odds' are not looking good , unless ;
maybe the 'Officers' , decide to pay it from their
personally-awarded and previously grossly over-paid
"STOCK BASED COMPENSATION" [WHICH WAS OVER $2,531,000].
Below is the relevant parts of the last swvc 10-Q :
*************************************************
STOCK BASED COMPENSATION
During the six months ended June 30, 2008 and 2007, the Company issued 139,500,000 and 84,414,911 shares of common stock to OFFICERS, employees and consultants in exchange for SERVICES. The shares were valued at $494,500 and $2,036,704 based on the value of the shares on the dates of the grants.
NOTE 6 - LINE OF CREDIT
On March 4, 2008, Seaway Valley Capital Corporation and its wholly owned subsidiaries, WiseBuys Stores, Inc. and Patrick Hackett Hardware Company (collectively "Seaway" or the "Company"), consummated a five million dollar ($5,000,000) credit and security agreement with Wells
Fargo Bank, National Association, acting through its Wells Fargo Business Credit operating division (the "Line of Credit"). The funds available under Line of Credit are based on the Company's current INVENTORY with adjustments based on items such as accounts payable. The term of the Line of Credit is three years. The interest rate on the Line of Credit is equal to the sum of the Wells Fargo prime rate plus one and one-quarter percent (1.25%), which interest rate shall change when and as the Wells Fargo prime rate changes. These funds will be used for general working capital at the Company. Under the terms of the agreement, the subsidiaries are REQUIRED to maintain certain financial covenants including tangible net worth, net income and net cash flow amounts. At June 30, 2008 these covenants were NOT MET. The Company has notified the bank and has received a conditional waiver of compliance with these covenants at June 30, 2008. The Company MUST MEET the terms of the conditional waiver as follows:
· The base borrowing rate will increase by 3% to Prime + 4.25% from Prime + 1.25%. The difference between the rate as of April 1 (Prime + 1.25%) and the rate as of the date of the closing of the waiver (Prime + 4.25%) will be accrued and charged upon the last installment of the required $860,000 of capital funds (see below).
· Rate will be reset to a level to be determined based upon satisfaction of the following conditions:
o Provide $75,000 of capital IMMEDIATELY to satisfy conditions of the 1 st quarter waiver.
o Prepare revised monthly projections for the 3 rd and 4 th quarter 2008 (subject to WFBC review)
o PROVIDE $860,000 OF CAPITAL BY October 31, 2008, as follows:
§ $200,000 by August 31, 2008,
§ $150,000 by September 15, 2008,
§ $150,000 by September 30, 2008,
§ $360,000 by OCTOBER 31, 2008.
o Pay $20,000 fee.
Management believes they will be able to comply with the requirements of the conditional waiver as outlined above.
*****************************************************
We believe that we know Exactly what swxx 'Management'
actually means ; whenever they announce "Management believes".
We suggest that Wells-Fargo demand FULL payment from swxx ,
this time , and quit playing games with 'conditional waivers'
to slackers that have Never Met ANY Minimum Requirements.
If Wells-Fargo lets sw slide , while the last of the Hackers
Inventory [which IS The Loan Collateral] , slides out of the
back doors , The Real Shareholders of WFC will not be happy.
And , there are millions of WFC Shareholders , who may not
even be aware that they Now are , and have been , for Years .
For example : Anyone who owns even 1 share of any S&P-500
Index Mutual Fund , from Fidelity , or Vanguard , or anyone.
And , it may have been a 'default choice' , in their 401-k .
We suggest that WFC Shareholders call WFC 'Investor Relations'
on Monday , 3 November 2008 ; Just to make sure that WFC has
finally started enforcing Any Of Seaway's Absolute Minimum
Requirements , FOR ONCE ; And just to make sure that WFC can
get at least partially repaid , BEFORE sw-whatever goes BK.
We believe that WFC Actually Cares About The Concerns of
Their Real Shareholders , and customers , and 'Corporate
Image' , and 100+ Year Reputation ; unlike some of their
'publicly-held corporate sub-prime borrowers'.
extra, Sincerely.
P.S. ; We calculate 'odds' , based on Proven Historical and
Mathematical Facts. And, Never hope that a Zebra will choose
to change its stripes. Except when 'awarded' only 1 suit of
new stripes , and a multi-year roommate.
P.S.S. ; There is only 1 remaining way to possibly profit
from swxx. And, it only happens Immediately After any future
Reverse-Splits ; but there may not be enough time for any.
And, we don't think it's legal to Reverse Twice , within
6 months ; except , maybe , for grays or pinks ; but , they
still must do it Before BK.
Agreed; "WNBD has always been a nobrainer" . eom
+ Edit : It moves fast on hardly any $-volume.
Especially right before the market closes.
Then , usually , at the next day's opening ,
it's right back down. So, all of the next trading day ,
it just looks like it's down a bunch. So, the
eod painting just scares any new long-term buyers away , if
they were ever even thinking of buying any the next day.
[ Seems counter-productive to us , because Current Real Longs
should be trying to attract More Real Long-Term Longs ; and
Not scare them away with eod-paint , followed immediately
the next morning with bod-crashes. * ]
But, those frequent big bounces do attract flippers ,
and day-traders , both long + short. That's why we
love wnbd , and keep watching it , and trading it ,
everytime it bounces up more than 80% , and then drops back
down 20% , and cover when it's back to pre-bounce+20% .
[ It's much less risky than trying to perfectly time the
pump-peaks, and much quicker than trying to drain every
sub-penny out of the dump-valleys. ]
It usually takes less than 2 weeks. For a 50+% ~riskless ,
and quick profit. And it repeats ~quarterly with wnbd.
[ By the way; We are Always Neutral in any pinky overnight.
If wnbd is still continuing its dump back to its pre-pump
price , we just short+cover every subsequent day , until
it's back down to ~20% above the pre-pump price. ]
extra, Sincerely.
P.S. ; * = We have always believed that the eod painters , in
~all pinkys , are flippers + day-traders , who profit from
pinky bounces , while claiming to be multi-year long fans .
While the few Real buy+hold + keep-averaging-down longs have
lost ~90% in wnbd , in less than 1 year , which is typical
for ~all pinkys , and even pennys , and even if they start
Filing with the SEC. [These Factual statistics are reported
on , or as links from , the U.S. Govt SEC Website , covering
the last 20+ years. Including many Published Academic Studies,
conducted by Well-Respected , World-Wide , Universities.]
[ We have more faith in Published Research Data , and just
read pinky PR's for early-warning on up-coming pumps&dumps. ]
Averaging-down is profitable, for shorters, only.
"cash flow neutral" projections re-appear in the filings ,,,
every time copi re-files another unaudited 10-Q.
And, "the business plan is intact, and Dean has always
delivered on his business plan... if not right away..."
And, the business plan is still to 'eventually be cash
flow neutral' ; Maybe next year , as projected last year.
And, for the last 9 previous years.
But , next year , things could be quite different. The Two
30+% Interest , Very-Short-Term Loans will be all used up.
[We should see evidence of that in the next 10-Q.]
And, next year , copi EVEN HAS TO PAY THEM BOTH BACK ;
100% Principal + 30% Interest. Can copi possibly find any
other 'lender' ? Even at 50+% Interest ? In a Recession ?
If not ; it's probably back to trying to print + sell
more new common shares ; To pay back the 30+% loans ,
and to cover the ~10 Year Old Not Nearly 'cash flow neutral'
bookkeeping problem.
And, the cash-burn-rate is now much increased , with those
new sales 'execs' now charging full-time , for full
Quarters , plus , their extra new salesmen 'expenses' ,
plus secretaries , plus etc's , while often 'on the road'
at 'TeleMarketer Conventions' . [See previous analyses.]
By the way ; Did the new sales 'execs' all also get the
usual $1000 per month lease-cars , like all of the previous
copi execs ?
extra, Sincerely.
P.S. ; Those new copi salesmen have a tough job. According
to Moore's Law , THEY MUST DOUBLE copi's CALL COUNTS EVERY
~18 MONTHS , JUST TO KEEP copi REVENUES FROM DROPPING. If
they could really double any company's widget sales , every
18 months ; they should start their Own New Company , selling
anything that does Not sell for 50% Less , every ~18 months.
We can hardly wait to see how copi did last Quarter , as
should be reported in the next copi 10-Q , in ~3 weeks.
Also , we noticed that a recent copi ~PR re-mentioned those
6 Billion 'perfect call counts' with ~zero failures. But ,
they never showed up as 'revenues'. And, with no explanation.
We still think that they were 'internal' + unpaid tests , to
convince VeriSign to take a risk on copi. So far, so good,
for VeriSign. And, we still think that VeriSign is squeezing
copi into a sell-out. Where copi 'Preferreds' are partially
paid-off ; and copi Top-'execs' get a few extra 'parachutes' ,
while All copi common 'share'holders get to share ~$zero.
Anyway ; We should all have some better Real Info , if copi
has to File another Audited 10-K , after copi's next 10-Q.
Meanwhile ; We all eagerly await copi's next , and [IOO]
probably last 10-Q , before VeriSign submits a low-ball
'buy-out' to the copi 'Preferred' Insiders , who Always
'own' at least 83+% of All 'votes'. Unless , copi longs
can average-down fast enough to keep covering copi's
cash-flow-negatives , via new common 'share' absorption.
We all hope that the copi longs can keep copi floating ,
for as long as possible. Let's all keep rolling. +GLTA.
Averaging-down is profitable, for shorters, only.
It was 202 Billion at $0.0020 ,,,
So, it is 4.04 Trillion Now , at $0.0001 ,
Assuming that All 4 Trillion can be Converted + Dumped
into the Float , without further depressing the price.
Which is Not likely , because the Float is 'only'
1 Billion Now. Thus, it must grow by 4000X ; which
will make the price drop by ~4000X ; and instead of
4 Trillion , the plan man will need to dump 16 QUADRILLION.
If he does 2 Reverse-Splits , at 1-for-1000 Each ,
the plan man will eventually be All Done , with a
Triple-Reversed Float of 'only' 16 Billion.
Assuming sw-whatever somehow evades BK , + SEC suspension.
extra, Sincerely.
P.S. ; Any long who has 1 Million common 'shares' today
[worth ~$100] , will be Double-Reversed Down to 1 SHARE ,
[worth ~$0.0001]. Probably before Christmas. When angels
sometimes fly in. They better hurry , and turn their
WARP Drive Engines up to 9.9+.
ccb; Thanks. Even ignoring the tdcp 'business' Facts ,,,
some of which have leaked out , even though tdcp tries
to remain a Totally Non-Reporting Pink , for ~10 years ;
Here's some 'charting' info , Totally Based On Proven Facts .
Specifically ; the Fully + Accurately Reported tdcp
price+volume trading history , as provided by iHub.
We expect that if tdcp can't get their longs to keep
averaging-down fast enough , to beat the recent pump-high
of $0.15 , in the next few weeks ; it will probably re-sink
back to ~$0.05 , and then lower. Awaiting the next attempted
pump&dump , in ~1 month. Just check the Recorded History.
And , notice that the volume is already down ~50% .
Presumably , we are All here to Make Money. Some short ,
based on obvious Facts. Some keep averaging-down , with a
little help from their long-term friends , and their
repeated extensions of 'company-only-PR's' , that they
believe is believable 'dd'. We don't. In fact , the more
'company PR's' , WITH NO FACTS ABOUT CASH-BURNING , AND/OR
MASSIVE COMMON 'SHARE'HOLDER DILUTION , THE BETTER.
extra , Sincerely. [ And , thanks again for tdcp's 'plan' .]
This is NOT the Reason for tdcp's Trading Restriction...
Quote , per razo' ; " people's accounts were broke
and tdcp seemed to be the focus "
Our info goes Much Deeper. And, the 'problem' is Not solved.
But , that's just a continuing Red Flag , that we appreciate.
In addition to the usual pinky stuff , like :
1] Always losing money + RAISING expenses + selling Nothing
2] Always Diluting common 'share'holders ONLY , for years
3] Never Reporting Any Basic Facts , like Share Structure
4] And constantly growing cash losses.
That's why tdcp always was , And will always be just another
typical Deliberately And Totally Non-Reporting Pinky.
tdcp's Down 90% , in ~1 year , just like the average pinky.
And , we shorters expect another -90% within the next year ,
and BK if longs don't keep averaging-down , fast enough ,
to pay the tdcp 'execs' salaries + bonuses + expenses ,
including anymore new ex-Govt/Union 'execs' that are 'hired'
away from the local OK Acadumia , in a Recession.
extra , Sincerely , while LOL , shortly.
Why was tdcp Restricted by Brokers ?
Brokers usually have a very good reason , because ;
1] Brokers only make money by trading . And ;
2] They lose clients to other Brokers who will trade.
Usually , Brokers Restrict mostly sub-penny pinkys.
But, tdcp is Not sub-penny , (yet).
So , what's the problem with tdcp ?
A 'Trading Restriction' is a Big Red Flag , even when it
is removed ; because it often returns , for the same
original reason , and/or even worse reasons.
We know , because most of our trades are in stocks that
have earned Red Flags ; and Very Few Ever Do. And , we
always find out The Reason. We call it Independent DD.
It's much more meaningful than inflated 'company PRs' .
extra , Sincerely .
P.S. ; There are very few Bigger Red Flags than a Trading
Restriction. Mainly ; Total Suspension or BK. The Trading
Restriction is the Broker's way of saying that there are
Big Problems , that could get much bigger , very quickly.
The wnbd CEO put 'that date out there' ,,,
and therefore it 'should be something' .
And, it was Not Even a Published PR. But, the wnbd CEO's
'~private' inside info 'communications' to selected fans ,
always seem to leak out , and get 'unofficially' available
for public reaction , in just the right places + times.
We shorters expect it to be ~like last April + August.
Those were the recently best of the short times. And,
we predict we are having another ~quarterly replay.
And, we shorters assume that it has 'something' to do with
the Totally UNverifiable 'Share Structure' of wnbd ,
which [admittedly] keeps burning cash , that Must Be
Replaced ~Quarterly. But, wnbd also has a 'strategy' of
Never Revealing if ANY Retail Sales Dollars EVER Leak into
the common wnbd 'share'holders pot. And , if some do ,
ARE THEY OVERWHELMED BY EXPENSES + SALARIES + BONUSES ,
and who-ever-knows-what-elses ; Because wnbd deliberately
decided to start + stay pink. With non-U.S. 'execs' +
Headquarters.
wnbd can appear to have $ Millions in 'revenues' , while
its common share 'price' sinks to below $0.0001 , and then
must Reverse-Split. We shorters follow pinks , just like
wnbd , and appreciate their fanners.
extra, Sincerely
P.S. ; We all keep hoping that wnbd keeps rising , and longs
keep buying , until 11-11-08 , at least. After that date ,
it's all up to the wnbd CEO to quickly report the new Facts.
If they are Not '~on time' , And Independently Verifiably
at least OK , the result will be reflected in the price ,
on 11-12-08 . Let's all see whose bets pay off. Since the
average pinky crashes 90% per year , until BK , usually
in 2-3 years , we'll probably bet big , shortly.
We totally agree. And , all love today's wnbd rise ,,,
leading into 11-11 . We All hope it continues. But, if not ,
wnbd will probably re-jump again anyway , starting ~11-7 .
All lucky numbers. And, after 11-11 we'll see who got lucky.
extra, Sincerely.
P.S. ; IOO , in view of the wnbd CEO's recent ~public
announcement , of the EXACT DATE of 11-11 , we would
Certainly Expect another CEO update/comment by 11-12.
Even if it's just "No Comments". If not. Watch out below.
extra , Sincerely watching out.
By the way; Since the wnbd trading volume has Increased , and
no longs admit to be selling Any , and many claim to be still
Averaging-Down ; WHO COULD BE SELLING the many new shares ?
Maybe some long should ask the CEO to 'Update' the float.
AND, PROVIDE SOME SORT OF INDEPENDENT VERIFICATION , every
so often. Including EXACTLY WHAT % OF wnbd IS UNDILUTABLY
ALWAYS OWNED BY ONLY INSIDERS , no matter how many new
common 'shares' ever float/flood in for only the outsiders to
keep buying + holding + averaging-down + sharing. Also, it
would be nice to have some idea about WHAT % OF wnbd RETAIL
SALES EVER EVEN ENTER THE wnbd commoners 'REVENUE' stream ,
AND , WHAT % OF THAT FLOATS AWAY , AS COSTS + SALARIES + etcs.
When VERIFICATION IS HIDDEN , shorters ~know exactly why.
Averaging-down is profitable, for shorters, only.
$ Dilution = ~$18,800,000 [7/12/07-10/17/08] ...
Using the TA dates + O/S numbers provided by Rpt , [thanks] ,
and the trading prices corresponding to the time intervals.
Most of it [~$17,000,000] was before June of 2008.
It does Not matter if it was 'Cadent' .
Just that it was ALL Dilution , probably mostly from
Converting CD's ; And, maybe some directly from the swvc
'Treasury Stock' , to balance the constant cash-burning
of swvc's 'businesses'.
But, it Does matter that there are still ~$12 Million 'worth'
of currently over-due Floorless Convertibles , All waiting
to Convert to commons , ASAP , before sw-whatever goes BK.
Only ~$1,800,000 has been Converted , since June 1 , 2008 ;
So, At Least ~$10,000,000 is STILL WAITING to Convert , NOW.
At today's VFAP of $0.0002 , [Assuming that it Never Drops]
each 1 Billion of new Conversions , Only pays-off $200,000 ;
So, when the 10 Billion A/S is all used up , LESS THAN only
$2 MILLION OF THE AT-LEAST ~$10 MILLION OF FLOORLESS TOXIES
COULD CONVERT. And, probably Way Less , because :
1] swyv is probably the main Diluter , as the CEO Must 'vote'
to put swyv Ahead of All Converters , to get the $800,000 in
brand new cash , to try to pay Wells-Fargo , before November.
2] The Conversions will Not go through at $0.0002 , because
the price Must Sink , as Dilution Increases the O/S from
~1 Billion TODAY , Up to the 10 Billion Max.
According to the most basic 'market valuation theory' ,
when the O/S rises by ~10x , the price drops ~90%. So,
after just another 1-2 Billion Conversions and/or swyv
'Treasury' Dilutions , the trading price will sink below
$0.0001 , and All trading + Conversion will Stop. And, just
have to wait for the next Reverse-Split. [Probably 1-for-1000]
If less, the only reason is to deliberately delay Converters ,
[just like the recent 1-for-5] , as will be soon shown , when
the trading price drops below $0.0001 , WAY BEFORE THE
10 BILLION A/S ARE USED UP.
By the way; When those T-Trades 'go through' at $0.0002 ,
that's what 'the retail buyers' [whoever they are] are paying.
But, the Converters are probably only getting $0.00015 , with
the MM's profiting 25% on the spread. So, whenever $1 Million
Converts into the float , the Floorlesses Only Get ~$750k ,
And, they won't be done until they Actually Receive ~$12 Mil.
Hope this helps clarify the 'picture' , that a few have been
trying to explain for ~1 year. It is a most-perfect display
of a totally inescapable 'Death Spiral Financing' PLAN.
extra, Sincerely.
P.S. ; Usually , there is No Way to escape the Death Spiral ,
because ~All of the Floorless Cash is Owed to Toxic 'Lenders'
who Won't 'negotiate-down' , especially to a 'company' that
will be BK soon , because it keeps/always losing more cash.
[Even before a multi-year, World-Wide Recession, or worse.]
But, swyv does have a big chance. The CEO could 're-negotiate'
his own personal 80%. And, 'convince' his family to 're-neg'
their ~9.8%. And, 'convince' his new COO to 're-neg' his own
personal ~5.2% AND, THEY MIGHT EVEN DO IT. Because, if they
don't, they will Never Be Paid Anyway. But, if they Do It ,
they might delay sw-whatever BK , and collect something for
the worthless 'assets' that they All dumped into the original
swxx Floorless + Toxic Debt over-loaded , not-ever-empty ,
trade-in shell. And, they could even keep paying themselves
salaries + even bigger bonuses , for 'saving' their 'company'.
Only 1 slight 'problem' for All common 'share'holders. In the
'vote' , where all of this 're-negotiation' is 'approved' ,
by 80+% , by 1 or 2 'voters' , All common 'share'holders
will also 'agree' to be re-neg'ed , to ~$zero , All combined.
Let's see what happens. It should be done by Christmas.
Or, November, unless Wells-Fargo decides to keep waiting ,
not-really-patiently , a little longer. Which they might.
If they can get more of their super-sub-prime 'loan' repaid ,
by making the swxx Insiders 're-neg' their Floorless Toxies
to ~$zero , and 'limit' their salaries + bonuses. AND ,
re-plan for Much More Massive swxx 'Treasury Stock' Dumping ,
to cover swxx 'business' losses AND MAKE ALL WELLS-FARGO PAYMENTS,
ON TIME , JUST THIS VERY LAST TIME. It's definitely risky for
Wells-Fargo ; especially with politicians now watching ,
more than ever. We expect that if WF can get ~mostly repaid
by foreclosing + liquidating swxx , starting in November ,
they will probably [should] choose that plan. And, the
swxx plan-man + lawyers + accountants probably will not
forget to inter-look those Facts. [Overlooking is over.]
Averaging-down is profitable, for shorters, only.
A few Real DD Facts about this 'scam' ...
1] There was no CEO scam. Everything was Filed with the SEC.
2] But, there was plenty of deception. Almost all by those
who deliberately + quickly erased Facts about Seaway's
Guaranteed Failure. Many tried to expose Seaway , some for
more than a year. The real culprits are the erasers , and
their fans. [Guess who we would sue; if we wanted to have
any chance of collecting more than the cost to sue.]
And, they are all still busy ; mostly on even worse scams ,
that don't even File Anything with the SEC , or any Facts
at all. Just 'hopeful' + 'plans' PR's ; which are Not Quite
Illegal ; But ARE HUGE RED FLAGS that the 'company' is a
guaranteed scam. [Shorters know, and follow the profiles
of those 'outsider' helpers , who always find the most
shortly profitable scams , as they begin permanent crashes ,
RIGHT AFTER THEIR 1-TIME-ONLY ~10X PUMP.] [Just check our
recent non-Seaway posts, for 2 more shortly profitable scams,
with the same fans that used to fan here.]
3] The CEO was a 95% Perfect 'Fiduciary' ; because , 95%
of his shareholders are Making Big Money. They were smart
enough to know to Only Accept/Buy UNdilutable 'Preferreds' ,
in Any 'company' with Floorless Toxic CD's . And, they all
already profited by dumping money-losing 'companies' , PLUS
ALL OF THEIR OLD DEBTS , into the Seaways. The CEO will
Never Lose a 'Fiduciary' [or any other] common 'share'holder
Lawsuit , ESPECIALLY IN DELAWARE. And, the 'class' will not
only pay their own lawyer , but, also, All of Seaway's costs
to bat away such frivolous lawsuits.
4] The biggest losers are those CD Holders , who are still
owed ~$12 Million , Floorlessly ; that they will Never be
able to sell into the float. They could Convert Anytime that
there are remaining Authorized Shares ; but never will ,
unless they can IMMEDIATELY DUMP the commons that they get
stuck with , And , without their dump IMMEDIATELY CRASHING
the trading price.
5] Those ~$12 Million will keep trying to dump until swxx
goes BK ; while the trading 'price' keeps crashing ; with
more Reverse-Splits , as needed , every time the price sinks
to $0.0001 + below. It's unbelievable that anyone would buy
a common 'share' , at Any price. Similarly, it's unbelievable
that any long would not sell 100% , ASAP ; unless the total
selling price is less than the commissions to sell all. Even
with 5 Million long 'shares' , AFTER the Reverse Split. That's
~$1,000 Today [= $0.0002 x 5 Million]. The next Reverse will
probably be 1-for-1000 , within 1 month. And, the Re-Reversed
pile will be 5000 'shares' ; re-crashing to below $0.0010 ,
within 1 week , for a total 'value' of $5 ; which is way less
than a Discount Broker's Commission.
There are many more DD Facts. Maybe later, if necessary,
but only if possible. We still expect BK by Christmas ,
or, early November , if Wells-Fargo forecloses.
extra, Sincerely.
P.S. ; We still expect more profits from trading Seaways.
And, it's quick + riskless , with 90% profit in ~1 week.
Just short the newer sw-whatever 'shares' , as soon as they
start trading , IMMEDIATELY AFTER THE NEXT REVERSE-SPLIT ;
and then cover after 90% profit. And then wait for the next
Reverse-Split , and keep repeating , until sw goes BK.
By the way; when shorting, we cover Every Day , and then
re-short the next day [and for more shares] if the crash
is continuing. We are Never short [or long] in Any flaky
stock overnight.
We expect many more 'Yep Hip Hips' before 11/11/08 ,,,
and maybe even a few after 11/11/08 , if the GREAT news
announcement from the wnbd CEO is somehow delayed , and/or
just does not quite confirm the current rumors .
Or, rolls the big NA on down the road , again.
JUST EXACTLY LIKE last August. And last April.
By the way. Is there Any Possible Way To INDEPENDENTLY VERIFY
the CURRENT wnbd common float? [Like , with an UN-gagged TA]
WITHOUT just believing whatever the wnbd CEO sometimes , and
maybe privately [and insiderly] emails to a few of his best
and longest and favoritest ~outsider fans ?
If that 'latest Share-Structure info' was Only Privately
Revealed In Personal eMails , to ONLY ~outsiders , THEY ARE
LEGALLY INSIDERS. Whether they re-post it , or not ,
or delay posting , or post a wrong number , by 'accident' ,
or deliberately , or later than useful , or never.
The latest TOTALLY UNVERIFIABLE wnbd 'Reported' common
float is already TOTALLY OUT-DATED , as if it even matters.
And, they sometimes post it in their 50% part of their ibox ,
But , they always erase ALL OR THE PREVIOUS DILUTION HISTORY.
So far, the useful DD 50% of their ibox is still 100% empty.
With no explanation why wnbd's common 'share' price keeps
sinking [90% in less than one year, since the 1 big pump].
While wnbd's products seem to work OK , and keep selling.
Although, it is unusual that the longs keep testifying that
wnbd stuff cleans anything , better than anything , ever ,
and, at the lowest cost , ever. [If any of those stories are
really true , WHAT'S THE HOLDUP ? Or, who's being held-up?]
We shorters Know , that All of the Answers , are Deliberately
Hidden , under the pink fog , as usual , for All pinks. Just
keep watching whatever unfolds. IT'S ALL , TOTALLY , IN THE
ALWAYS-HIDDEN wnbd SHARE-STRUCTURE , AND THE ALWAYS-HIDDEN
'REVENUES' THAT ACTUALLY GET INTO wnbd , MINUS ALL COSTS.
extra, Sincerely.
P.S. ; All of this is totally normal for deliberate pinks.
That's why shorters keep watching for wnbd mini pump&dumps.
Also ; Since wnbd always was , and still is , NON-U.S. ,
and Deliberately A Totally-Non-Reporting Pinky , and
probably Always Will Be ; no wnbd long unvestur will ever
get a smear of help from the U.S. SEC. And, no shorter will
ever be bothered by the U.S. SEC. ; + thanks for unvesting.
'OBV shows dilution in full swing IMO' ,,,
and we agree. We suspect that is why the CEO hinted
that something big might be announced on 11 Nov.
We expect wnbd dilution to keep ramping up until then.
And zoom , starting about Thursday, 6 Nov , as the longs
start buying into the expected announcement , which is
supposed to be due on the following Tuesday. They want to
be fully packed , right before it's too late to catch
the overnight flight to the moon.
But, if the expected announcement is 'delayed' , even 1 day ,
it should get very interesting around here. Just like last
April , and last August ; when the exact same 'announcement'
was expected.
It's even better than 'buy on the rumor + sell on the news' ,
if the news turns out to not at all confirm the rumor ,
which has usually been the case , in the wnbd past.
In any case , we're surprised that no longs are asking the
wnbd CEO to update the common float count ; during this
critical time , leading up to the big announcement ; or ,
even bother to discuss that possible problem. It seems most
important to us. But, from our financial viewpoint, we
would be way more concerned if the CEO was secretly reducing
the float , which would make sense , if he expected any
good news , even if wnbd was low on cash.
Anyway, we'll be ready to re-play wnbd , right after the
expected early/mid-November peak flattens , and drops 20%.
extra, Sincerely
Not quite. When the 1 Billion hit the float ,,,
The UNdilutable 80% CEO gets 4 Billion more UNdilutables.
Even if he gives none of the Bogus Billion Bonus to himself.
Anyway, time to average-into some more new Convert-ins.
Only $16 Million Floorless Toxic Death-Spiral CD's to go.
And, no body will loan any cash to sw-whatever ever.
He already even froze-out the Professional CD Lenders.
And, no body will give anything of any value to the CEO ,
that he will ever give to any common 'share'holder.
It's incredible that anyone who knows more than 1 day of
sw-whatever history , would still be believing in the
'secret plan' , and hoping for miracles. Every Fact points
to sw BK , any day. Everything they own , loses money ,
and always has + will , ever since The Plan Man arrived.
And, at today's price, 1 TRILLION CONVERTERS
ARE ALREADY READY + LINED UP + WAITING.
Exactly What Could Possibly Be Worse ?
And, there is no chance of Anything Ever Improving.
Unless, they can sell the movie rights.
extra, Sincerely [while jatylu].
Thanks for taking our 0180's ...
We could only use our 40 kilo-copi's for less than 2 hours ,
because we always try hard to replace them all , safely ,
before closing time.
And, we were forced to start unwinding 1 hour earlier than
usual, because the copi volume almost totally dried up ,
immediately after we wound in ; and we never like to be
stuck in uncovered shorts , and fully exposed , overnight.
Plus, if we clean up on the same day that we make our mess ,
our friendly Broker does not even have to worry about ever
borrowing any copi pajamas, within 3 days, to camouflage
our [actually , only his , legally] overnight nakedness.
But, it was very lucky that we had to rush to cover ; It made
us have to buy-back the loaners at .0130 ; For a quick , but
slightly risky , 27% in under 2 hours. And, 12+% per hour is
much better than usual.
The big problem was that we could only short 40 of those
hard-to-sell 90 kilo-copi's at .0180 ; And, at only 5 bucks
profit per kilo-copi , we had to give almost 5% of our very
hardly-earned copi Juice to our Broker ; and , for such a
super-short-time round-trip. And, he took zero risk.
Anyway, we all had fun , as often , and now he owes us
another Baja JW-Black Short-Shooter at Hussong's , with
the standard extra+free Double Corona Half-backer Kicker.
That almost offsets the Juice that our Broker sipped off ,
[while the Original OJ ferments in a vintage old-age-ing
facility in Vegas , before being shipped on out to super
long-term cold stuffage , where he always belonged , many
years ago].
By the way; We were just kidding about needing the 0190's ,
since last week's disappointment , after we revealed
one too many of our tactical details. So, this time
we sent a scout/dummy out front , to take the 0190 flack ,
and leave the fleeting 0180's fully exposed , as short-term
hostages. [Darn. Did it again. Now we can't even use that
tactic anymore. Maybe. Or, at least not tomorrow. Maybe. ]
Anyway, let's All keep getting along , like Rodneys ; and try
to play nicely again tomorrow. Hopefully for bigger steaks.
Maybe even some Heinz 29's. We're saving the Heinz 57's for
the next, [and maybe last] copi 10-Q pump&dump party in Nov.
extra, Sincerely.
GLTA , + c y'all shortly.
P.S. ;
Back to OJ for just a little OT OT, and a last sipper.
If OJ had played the game fairly, last [= first] time out,
the penalty would have only been 20 yard-years , with
probably 10 [or more] off [out-side] for good behavior .
Now it's Straight-In to a lifetime of always-loving bubbas ,
in daily fun-loving soapy showers. And, most bubbas don't
love wife stalkers , and mother killers , except in their own
very big harded special ways ; after dropping bars-o-soap ,
every day , in every possible way. Who knows what new ideas
they could invent + perfect , as a permanently close lifetime
gang group of lonely [but fun-loving] bubbas , all stuck in ,
togethim , for multiple lifetimes , especially if they got
their ganged-up heads all-together for some Hall-Of-Fame
Tackles , and Touch-Downs , and End-Arounds , and ...
[Darn. Time's-up for today's OT OT shower. Always seems to
come too soon. And, way too short; butt, tomorrow is always
soon to come again. And, is always more fun, in the big life
house. Especially in Vegas , where 'whatever happens there,
is stuck there' .] Isn't life great. And, usually way to
short, except for the few who earned more years inside , to
pay back for the years that they carved away from others.
Many more have profited from The Plan ...
Typically, for crashing-only stocks [like sw-whatever] ,
shorters scoop up 20-30% of what longs corntribute.
And , Seaway is way more reliable + profitable than
Any current crasher , for 2 big reasons :
1] Almost straight down , ~99.5% , in ~1 year.
2] With longs corntributing ~$40 Million , before the Reverse.
Thus, shorters should/must have already removed $8-12 Million.
And, long flippers probably did almost as well , unless they
also partially held some and/or averaged down.
But, the quickest profits may be had in the final phases of
this Death Spiral. And, we've never seen a better set-up.
Today's Flood Report from the TA confirmed 58.49% [at least]
More Dilution , just since the Reverse , 3 weeks ago .
That's a 'compound weekly rate' of ~16.59% PER WEEK .
At that rate of compounding , it will take
LESS THAN 20 WEEKS TO RE-MAX-OUT , AT 10 BILLION COMMONS ,
COUNTING THE LAST 3 WEEKS. So, just 17 to go = 10 Feb 2009
It could even be quicker , if Wells-Fargo forecloses.
Especially if the CD-Insiders 'somehow' find out , before
it's 'officially announced'. Then, they All have to Convert
All , ASAP. Because, anything UNconverted on BK day ,
becomes TOTALLY WORTHLESS , INCLUDING ALL COMMON 'SHARES'.
But, there is 1 'silver lining'. The Plan Man personally
owns 80% of the lined-up Converters ; And, his family ,
[who 'sold' wizeguys] owns ~9.8% ; And, his friend + COO ,
[who dumped in only his NCH cash-burners] owns 5.2%.
We would guess that they are All Last On Line , BEHIND
the Real Money Lenders , who Never Lose ; so, they Must
Always Go First , or else.
We Very Seriously Doubt that the 202+ Billion Conversions
will ever leak in through the flood-gates ; and float into
the already-over-flowing Seaway. [Ooops, almost forgot.
There WERE 202+ Billion Converters already on line , BEFORE
the Reverse , assuming an UNreversed price of $0.0004 .
But, they are All Floorless , and the current price AFTER
the 5x Reverse , is already back down to ~$0.0004 .
So, There must be over 1 Trillion by now ; Assuming that
swyv Never sinks below $0.0004 , until AFTER the 1 Trillion
newly converteds swim through the Seaway.]
extra, Sincerely
And, GLTA
Except, maybe, the shorters, who don't need any more luck.
And, never did, or ever will, in this Seaway, which is fed
by Niagara Falls. [Really, geographically.] But, as viewed
from 99.5+% below, by old longs, it probably looks + feels
more like Viagara Falls.
By the way. Does anyone have any idea who could possibly be
buying Any of these Post-Reverse Newest common sharelettes ?
Averaging-down is profitable, for shorters, only.
looking for at least 0.019 today ,,,
maybe/hopefully up to 0.029 before this bump stalls.
We expected it last week , but the buyers
could only prime in ~$100 per day.
Today looks like we might do it.
Almost $10,000 in so far , in less than 3 hours.
Plus, flippers need the high dollar volume ,
whether they're long or short, or day-trading
both sides of the volume bounces.
extra GLTA
Averaging-down is profitable, for shorters, only.
IOO ; There is No Way that ,,,
the 'plan man' can avoid Mega-Diluting ALL COMMONERS ,
by AT LEAST ANOTHER 1-FOR-1,000,000 ; in the next
Very few months, without going BK , yesterday.
AND, while he's diluting EVERY 1 MILLION OF THEIR
CURRENT swyv 'SHARES' down to 1 swyv 'share' ,
[which recently was 5 Million swvc 'shares'] ,
they MUST corntribute Another ~$16 Million in Brand New
Cash , directly to the Converters + shorters , to pay for
the old loans , that the plan-man 'voted' [all by himself]
to 'acquire' less-than-worthless stuff , from ONLY HIS OWN
PERSONAL FRIENDS + FAMILY , new + old.
And, if the commoners corntribute their next $16 Million ,
fast enough [= within 2.5 months] , they may temporarily
think that they might 'own' almost 20% of a load of
always-money-losing NEGATIVE 'assets' , in their always
permanently depressed No. Country, Before the ~5+year
World Recession/Depression began , last month.
If we're only even slightly wrong , please explain .
But, only with FACTS. And, none of that 'Santa Clause
Owes Us' nonsense. Besides, now , even Santa Clause is
broke , for many years to come. And, the North Pole Melted,
sinking alGore + Santa + all elves + sinking gifts.
extra, Sincerely.
P.S. ; As funny as it may sound , ABSOLUTELY NONE
OF THE ABOVE IS A JOKE , FOR ANY OLD LONG. JUST WATCH.
FOR THE NEXT 2 MONTHS. [While the Converters rush to collect
their owed ~$12 Million , and we shorters get ~$4 Million,
and the old + new longs average-down , another ~$16 Million.]
And, if the longs don't keep re-ante-ing-up , forever ,
the plan-man's not-quite-shell game ends , forever.
And everyone must admit their losses, except the plan-man ,
and the shorters. As always, with pinkys [or pink-alikes].
By the way; We think that this game was so well-played ,
that even the original longs held through the pump ,
and bought more , up + down , and are now also net down
80+%. Couldn't happen to a nicer bunch. As they corntinue
pinking off to ever-pinker pastures. Good whatevers.
Why would the Slight Delay in Reversing swvc EVER matter ,,,
to Any old long , who is temporarily Locked Out of selling ?
They all said that they would Never Sell , and only keep
'averaging-down' , until All swvc common 'shares' were
worth At Least $0.10 each ; Which is Now $0.50 each ,
since the recent, + 1st-of-several , Seaway Reverse-Splits.
The swvc reversi 'plan' was Announced + Filed With The SEC ,
TWICE , starting 2+ Months Ago. And, the longs who still
did Not Sell Any old common swvc 'shares' during those
months, and predicted the reverse would not even happen ,
and/or was 'part of the plan' ; And even 'averaged-down' ,
and boasted about their latest scooped-up 'cheapies' ,
and 'recommended' that everyone buy as many as possible ,
forever ; NEVER WANTED TO SELL ANY OLD SHARES. So, now
they 'own' them ; and should Not be wanting to sell Any ,
until they are at least 'worth' $0.50 each, post-this-Split.
Especially since they can always keep averaging-down by
buying the new swYV shares. According to our previous
calculations , ~1.6 Quadrillion should be available ,
before the old Floorless + Death-Spiral, CD Toxies are done ,
desperately trying to Convert, ASAP. Not even counting the
brand newest Floorless Toxies , that were just awarded to the
best + finest Seaway employees/execs , for working , hardly.
And, not even counting the even-newer Floorless Toxic CD's
that will be required to pay for the 'developing' the huge
wheat-gas bio-hazard cruNCher , in No. Country , during the
growing World Recession [or worse] , while the price of oil
is crashing even faster than the Dow + S&P 500.
extra, Sincerely.
P.S. ; The winters in No. Country are usually super-brutal.
That's why hardly anyone lives there. And, more than 30%
of their abandoned homes + condos + trailers + storefronts
have been vacant , for many years. As vacancies keep rising.
Unless you statistically ignore the old shacks that crumble.
As of today, we believe that the most promising enterprise
in No. Country is that Old-McD's Farm. Especially if they
close down that up-wind manure farm , that Seaway just said
that they may have 'acquired' , as a ?% 'partner' , with
some new + old of their best No. Country friends + family.
[A few of whom actually own Florida Homes, for some reason.]
It's hard to believe that the Seaway Story could ever have
happened , AND IS STILL CORNINUING. But, shorters enjoy it.
And continue to appreciate. As a new load-o-longs are just
beginning to buy some/most of the Brand New swyv commons.
P.P.S. ; At $0.50 each; 1.6 Quadrillion Seaway common 'shares'
will own All of sw++ , as soon as it's 'worth' $8 Trillion ,
right After it starts having After-Tax-Profit of $400 Billion
per year ; and eclipsing Wal-Mart , and everyone else ,
in the World , Ever , so far.
Averaging-down is profitable, for shorters, only.
Bid/Ask = $0.0022/0.0030 = 36.36%
Could wnbd drop below $0.0019 early next week ?
Last time wnbd was that low was early last January ,
Before the pump to $0.05 last February , only 8 months ago.
Even at $0.025 , wnbd is Down 95% , in 8 months.
Most pinkys only drop 90% per year , and they don't
even pretend to have any 'revenues' , or 'assets' ,
or bricks , or mortars.
There are only a few possible 'explanations' for wnbd's
exceptional price performance. All related to non-reporting.
Especially ANY FACTS about Share Structure , and 'revenues'
[that show up at wnbd after suppliers take their external
1st cuts], and internal wnbd costs for salaries + raises ,
and expenses + advertising + cornventions + etc's.
If wnbd gets below $0.0020 next week , it will be Down
more than 96% in ~8 months ; That's 33+% sinkage per Month ,
Compounded Monthly. Which is a Compound Annual sinkage of
MORE THAN 99% PER YEAR. Most pinks take 2 years to lose 99% ,
as they sink 'only' 90% per year. Thus, shorters love wnbd.
It's twice as fast as the average pinky, making it twice as
profitable, in half the time, with half the risk.
extra, Sincerely.
P.S. ; At wnbd's post-pump rate of sinkage , we expect that
wnbd's price should be below $0.0002 by ~Easter , and getting
ready for its 1st Reverse-Split. Which, probably Won't be
'announced' early, since wnbd's 'strategy' is to remain a
Totally Non-Reporting pinky , based outside of the U.S. ,
with no concerns about the U.S. SEC.
Reverse-Splits are Never Good for longs. And, much worse , if
the secret wnbd CEO provides No Warning. Then , the longs are
trapped , for 1-2+ weeks ; unable sell the old + UNtradable
'shares' ; Because , the old symbol dies , forever. And, only
the new reverse-splitted shares can be bought + then sold.
And, typically, during those 1-2 un-sellable weeks , after
a pinky reverse-split, the new price crashes 50-90% . Just
check what happened recently, to the share price 1 of wnbd's
new customers. [Down 80% in 2 weeks, after a Reverse-Split,
while NO OLD LONGS COULD SELL EVEN 1 OLD 'SHARE' ; and ,
they even had 2+ months of pre-reverse 'early warning' , and
2 SEC Filings, because it was not even pink, yet, or less.]
The Seaway is way beyond pink ,,,
from the Massive Floorless Toxic Pollution ,
and common shareholder cash bleeding.
Seaway's Fully Diluted Float is so Trillionly Bloated ;
[ and still growing , with every Floorless Gift-'Bonus'
to the execs ; and 'acquisition' of more cash-burners ,
from new old-friends , ]
That the Seaway is more like the Motha Of All Gray Whales ,
Trapped in a never-endable Death-Spiral , in a
tiny Seaway ; with new common shares constantly
flooding out of its blow-out-hole , just as
MUST HAVE ALWAYS BEEN PLANNED, AND CORNTINUES.
Dozens of high-interest loans + Floorless Convertibles ,
to way-over-'pay' for 'acquisitions' of Only + Always
cash-burners , from Only + Always Friends + Family ,
can't possibly be an 'unplanned accident' . And, the
100% PROOF , is the 80% FLOORLESS-CONVERTIBLES , ALL
OWNED BY THE NEVER-DILUTABLE and Only 1 Planner , who
is the Only 1 who can ever 'vote' for anything , and
won't even hold a 'shareholder meeting' , or teleconference ,
or answer the phone , or an answering machine , or an eMail.
But, it does explain why it would just be a waste of time
to change the out-going message on the Seaway Corporate
Answering Machine. It's clearly just a 'bit-bucket' ;
just like Seaway common stock is just a 'buck-bucket' .
extra, Sincerely.
Averaging-down is profitable, for shorters, only.
It was 202+ Billion at 0.0004 swvc = 0.0020 swyv ,,,
So, it would be 2.02+ Trillion when swyv drops to $0.0002 ,
according to the latest SEC 14C Filing by Seaway.
PLUS, the latest 1 Billion Bonus Give-away to the execs ,
which is ALSO Floorless , based on an assumed swyv price
of $0.0015 ; which would re-compute to 7.5 Billion Brand
New Bonus Gifts , when swyv drops to $0.0002 .
And, as the 2+ Trillion try to Convert + Float in , that's
another ~800x Dilution to the current Float ; so , the price
of swyv Must drop by another Factor of ~800 [= Down 99.875%].
So, the Remaining Floorless 2+ Trillion Converters , won't
be done , until they grow up to ~1600 Trillion [ which we
math + physics guys call 1.6 Quadrillion ].
extra, Sincerely
P.S. ; We've Never even seen Any pink ,
that already has Fully Diluteds SOLD , that are
GUARANTEED TO GROW INTO QUADRILLIONS.
Of course there MUST be Reverse-Splits along the way ,
every time the trading price approaches $0.0001 ; otherwise ,
the stock quits trading, and the Converters can't keep
Dumping. Just 2 Reverses , at 1-for-1000 each , would be
most cost-effective. But, none will be necessary , if swyv
can't pay that $800,000 of New Cash to Wells-Fargo , by the
end of this month. And, find more new cash , to keep
covering the daily losses of all of their money-losing
'businesses' . And making interest payments on those
~2 dozen other loans . And more cash to build-out + stock-up
those new planned store-fronts . And more cash , as a
'partner' , to build that wheat-gas bio-chruNCher.
We know of no better current short-flipper than swyv + sw?? ,
except for 2 problems :
1] swyv does not trade enough Dollars per Day.
2] swyv will probably quit trading before Christmas ,
or sooner ; if WF quits bending Banking Rules , and
Not Enforcing its own Contracts ; that clearly specify
The Absolute Minimum Requirements that Seaway MUST MEET ,
BUT NEVER HAS MET , and is less likely to ever meet , as
the months float away.
But, we shorters do appreciate the 'potential business
analyses' , that have kept Seaway trading , by cornvincing
some longs to keep averaging-down , in spite of the above
Facts , which were All Filed With The SEC , By Seaway.
P.S.S. ; What's the rush to reverse + unlock any of the old
swvc common shares ? No holder needs them , except to sell
them ; which they should have done BEFORE the Reverse , if
they ever really planned on selling , near-term. They said
that they were long-termers , holding out for 2-10 cents ,
and we're not quite there yet. And, with the price of Seaway
Down another 80% , just since the Reverse , they should be
buying More of those New swyv all-time-cheapies.
Which they could easily do , even without any of the old
swvc's ever being 20% replaced. Because ;
swyv IS TRADING EVERY DAY. AND,
ANYONE CAN BUY AS MANY AS THEY EVER WANT ,
until it also reverses , or swyv goes BK.
Averaging-down is profitable, for shorters, only.
what's actually happening has been predicted ,,,
for many months , by a very few , who seem to know ,
from previous direct experience with pink brick+mortars.
It's S.O.P. for ~All pinks , just like wnbd.
Those who have seen it , with ~All pinks ,
are actually profiting from the wnbd bounces.
All brick+mortars have large + continuous New Cash needs,
unlike pink shells , that can hibernate for years.
That New Cash Must Come From New Investors ,
who always expect/demand 'a piece of the pie'.
So, some of us are expecting another big wnbd bounce ,
starting ~1 week before the 11 Nov 'decision' , and
continuing for at least a week after ; probably due to
'unexpected delays' in wnbd being able to reveal, or even
discuss the 'results' , or even the 'progress' , or any of
the problems , until given 'specific written approval'
by + from those who will be making the big 'decision'.
Don't be surprised to hear something like : 'Big decisions
to expand into new products, produced by small start-up
companies, are much more difficult in the face of a
growing World Recession , and a contraction of credit.'
To a few, it Fully Explains Exactly Why wnbd stays pink , and
must keep hiding its Share Structure + Cash Position. And,
what it must do , to survive until the middle of 'phase 4' .
The wnbd CEO won't even say that 'phase 1' is done yet ;
or even 'close' ; so, some of us Must Assume that it's Not.
Even though it has been 1 year , and the hidden 'revenues'
seem to be growing ; But, are they growing as fast as the
hidden wnbd costs ?
Nobody, except the wnbd CEO , knows how many pennys ever
show up as 'wnbd revenues' , for every $100 of retail sales.
And, what are the secret wnbd costs + expenses + salaries ,
and etc's , as a percentage of the secret wnbd 'revenues' .
extra, Sincerely.
P.S. ; The 'success' of the Secret-Pink 'strategy' can be
directly measured by the wnbd price history Facts. Some can
profit from wnbd's long-term trend , while others appreciate
the rare chance to average-down , at 6% of February's price.
Nice spread: B/A = 0.010/0.015 = 50%
Just $100 in buys or sells moves copi ~25% up or down.
Just $1000 in buys , at the ask , could bump it up ~100%.
If the longs would buy , we might even see $0.030 today ,
and maybe even attract some new flipper cash.
A few of us were ready + waiting to play today.
Let's roll out the bankrolls , while the leverage is huge.
GLTA , extra.
We've also been trading a few ,,,
hundred thousand shares on the rallies.
Probably both buying + selling in direct competition.
Except that we expect to sell at ~$0.017 , and cover at
$0.012 , but we are always neutral by the end of every day ,
and re-play every day , until the end of the trend .
And, copi is due for another run to $0.019 , hopefully/maybe
even higher this time, if the longs can get the volume over
1 Million per day , for a few days. We'll be re-starting our
strategy right after the run peaks, and falls back 20% ;
and then just keep day-trading until $0.012
And, we'll definitely re-play in mid Nov ,
right after the usual/expected 10-Q run.
We're not expecting any surprise revenues , since
copi has not mentioned anything significant , except
for borrowing the second half of their 30% loan.
And, VeriSign stock is down ~50% below its recent high ;
so, we expect them to raise their fees to copi , since
copi is a 'captive supplier' , depending on VeriSign for
~90% of copi's gross revenues , Before Any copi expenses.
And, VeriSign Must keep cutting their charge per call-count,
to stay competitive, according to Moore's + Murphy's Laws.
Especially as the Recession grows. Notoriously Bad Times
for TeleMarketer 'Companies' , that are even frequent BK's
in the best of times.
Does anyone know the terms of the copi-VeriSign Deal , when
a TeleMarketer does Not pay VeriSign? Who takes the 'hit'?
extra, Sincerely.
And, GLTA. We are all on the same side again.
All hoping for a big + quick copi run , up to
at least $0.019 [like last month] , and maybe even
up to $0.030 , if the longs buy 1+ Million shares
per day , for at least 2 consecutive days. We know
that they can do it. It's only ~$20k per day. And,
there are 283 boardmarks , probably 250 are longs.
So, that's only $80 per day , per long boardmarker.
If the wnbd longs don't keep buying ,,,
their stock price can't keep flying ,
like it has , since February , 2008.
We All know that wnbd can't possibly be
less successful than P&G , or Wal-mart.
It's just a matter of time. And, the recession
does not matter at all. In Fact, it helps wnbd.
When home/condo/trailer-owners can't sell + move ,
they Must clean up , more than ever. Because,
they can't move out, to any cleaner place.
And, wnbd has the very best + greenest clean-out
products in the world , even if they cost much more.
Because , buying green stuff is much more important
than wasting cash on other stuff, that will make the
whole world overheat, and burn down.
Plus, wnbd stock always has the best + lowest price, ever.
Right now, only the long-term shareholders know the real
story, and the real reasons why the CEO can't reveal the
real wnbd Share Structure + Dilution + Revenues + Costs.
It's a great strategy. That allows the long-term longs
to keep averaging-down , every month , at the best price
per share , ever. And, it's the best kept secret, as fully
explained by the wnbd CEO , many times. But, he said that
he is planning to File with the SEC, and tell All ; But ,
Not Until The Perfect Strategic Time , for All shareholders,
especially the Convertible Preferreds, who probably currently
own 80+% of All wnbd votes + assets.
So far, No Common wnbd shareholder really knows, or cares.
Except, maybe, the day-trader shorters.
But, we long-termers know that the wnbd CEO has a 6-phase ,
super-long-term Plan , to greenly clean up the world. It
can't possibly fail. Even though it has been stuck in
phase#1 for a year, so far, and can't possibly make 1 penny ,
until the middle of phase#4 , or much later , according to
the 'dd' provided by the wnbd CEO , himself.
And, we All believe him. Because he personally owns at least
50.1% of All wnbd votes + assets. [Probably 80+%.] So, he
has the most 'at steak' , assuming that he ever bought any
wnbd common shares , using his personal cash. [Not counting
free bonus shares, for doing such a good job.]
extra, Sincerely. As Always.
crash; Is it ~legal for the swvc's to be locked out ,,,
of possibly selling into this reverse ?
And, if so, what if it keeps happening on all future
reverses ? Even if the delays are Never the fault of
the Seaway CEO , just like the current 12+ day delay.
Hopefully, the next reverse will be more normal [for
sub-penny stocks] , like a 1-for-1000 , to allow enough
time for delays , before the Newer price goes back Down
below $0.0001 .
Also, Reverse-Splits can't happen overnight ; unlike
increases in Authorized Shares, which, for Seaway ,
only requires 1 guy to vote 80+%, all by himself , and
mention it in the next 10-Q. All Reverse-Splits REQUIRE
a New Symbol , which takes time , for outsiders , that
can Not be rushed by the 1 Seaway voter. And, there Must
be an SEC Filing, BEFORE the Reverse-Split can even start
to be delayed.
So, crash; Based on your experience with sub-penny Filers ,
like Seaway ; What's the minimum-average time required to
rush through another Reverse-Split ; Assuming that the CEO
wants to do it ASAP , unlike last time. [We think that he
has a little more incentive , this time ; probably/mostly
from the Converters , who will be locked out of selling
their recent Conversions , if/when swyv sinks below
$0.0001 , probably next week.]
Also, what is the old record for a sub-penny to re-crash
below $0.0001 , After Any Size Reverse-Split ?
[Seaway will probably set the new record ; although , it's
not really fair , because the swvc Reverse was only 1-for-5 ,
and with 200+ Billion ready + willing + waiting Converters.]
But, there is some Very Good News. The Plan is still working.
Some of the Old swvc guys probably anted-up , and re-started
averaging-down. If they were all 'average swvc longs' , their
Fair New Share would be only ~500,000 New swyv's each [= only
$150 New Cash , to buy 500k swyv's , at only $0.0003 each ,
and only $100 , for the quick guys , who paid only $0.0002] .
So, there were probably ~50 of them today ; because 25+
Million Converters Shares were bought today; likely by those
who have some very good reasons to believe/hope that The
Seaway Plan will always continue to float. It really should.
swyv already has so many valuable assets , All acquired for
No Upfront Cash , thanks to the Seaway CEO , with a lifetime
of Direct Experience , with Holding Companies + Hedge Funds ,
and Creative Financing , even in a Recession. Just like today,
since swyv PR'ed that even more were acquired today. For No
apparent Cash , or, at least not yet. But, another ~guaranteed
winner , at almost any cost ; Because , wheat-gas is so much
more cost-effective than corn-gas ; And, the wheat grass
grows like weeds, all over No. Country , right in Seaway's
own back yards. And, Seaway's huge Alterior Bakery is already
over-sized , and needs every shred of wheat from No. Country.
extra, Sincerely.
P.S. ; We Fully Expect The Seaway Plan to work out ; just
like a few others we have followed , a short time ago. And ,
2 newer ones , that are only a few months behind Seaway. We
always favor pinkys, especially if they are Not based in the
U.S. , and Never Report anything secret, [like revenues minus
and costs , and current + newest Fully Diluteds] , Except for
personal eMails + phone call transcripts, to/from the CEO ,
directly to/from their best fans , who do all of the 'dd' ,
and keep the others fully informed of all progress. Including
stuff that can't be PR'ed or Filed by their CEO's , because
they are way too busy , making money by selling stuff.
swyv is fully tradable ,,,
and always has been, since its Birthday, on 22 Sept 2008.
Anyone can Buy as many swyv's as they want ,
and then hold them , or flip them , or day-trade them ,
as we often do, and have been doing. Except ,
the most profitable strategy may be back-flipping.
Anyone who is waiting for their Old swvc shares to be
Converted to 20% swyv's , probably just wants to Sell them.
Which would Not be helpful to The Plan , and certainly Not
nice to those who still believe in the CEO.
Especially in view of his newest Communication, announcing
that he has Honestly Completed his Planned + Predicted Newest
Acquisition ; although, it looks more like a partnership.
But, that's actually Good ; because swyv common shareholders
will probably Not have to Contribute their usual 100+% of
All of the New Cash that May be needed , to build-up the
new operation to Profitability.
Also, there is No Holdup on the TA Releasing Brand NEW
swyv Common shares. The TA just needs an OK from the CEO ,
as long as the Float stays Below 10 Billion ,
[which could even be raised in 1 day, if necessary].
The real problem comes when the new swyv price goes Below
$0.0001 , and All bids evaporate. Then, even the New
swyv's can't trade , until the Next Reverse-Split.
There will be no further need to raise the Authorized
Shares ; because, they are effectively Multiplied by
the Reverse-Split Factor. For example, the recent 1-for-5
Reverse , combined with the 4x Increase in Authorized
Shares , just diluted the previous common shareholders ,
by a Factor of 20x ; Allowing 19x more New swyv common
shares to float in. The plan could be for the previous swvc
common shareholders to buy more new swyv's , until they
re-own as many shares as Before the Reverse. For example, if
they owned 0.625 Million Old swvc's , they should be buying
500,000 New swyv's , to get back up to 0.625 Million , again.
And, at ~$0.0003 , that's only another $150. Come on, guys.
By the way; Since 4000 shareholders owned All of the Old
2.5 Billion swvc common shares, the average guy owned
~625,000 of them [= 2.5 Billion / 4000] ; and bought them for
an average of $10,000 [= $40 Million / 4000 common owners] ;
So, what's another $150 ? Just another 1.5%. Let's roll.
Think of it like an Annual swyv Life Insurance Payment , or
Medical Insurance. Otherwise, swyv might start getting sick,
and delay The Plan. So, just pay the $150 premium Now or
ASAP, instead of losing $10,000. Remember, there is Never Any
Loss [according to the IRS] ; Unless you deliberately decide
to sell, all by yourself ; or somehow get sold out , for
reasons beyond your control.
Anyway ; We would recommend the usual [for sub-penny stocks]
1-for-1000 , for the Next Reverse-Split ; especially, in view
of the Fact that swyv has already dropped 90% in just 12
trading days. At that continuing rate, a 1-for-1000 would be
good for ~36 trading days [ = 1.5 months ] , which may be
long enough. We don't recommend a 1-for-5000 Reverse ,
because it sounds bad , and would only extend trading ~9 more
days beyond the ~36 that comes with a 1-for-1000 Reverse.
And, it may not even be necessary , because the $800,000+
in New Cash Must be Fully Paid to Wells Fargo , [for fees ,
and penalties , and a little principal] , before November 1 ,
which is only 18 Trading days from now ; assuming that the
Markets remain open on Veterans Day + Halloween. Beyond that,
there are only ~36 more Trading Days until Dec 24.
We hope that this info helps clear up some of the confusion ,
about what is actually going on , in this fast moving Seaway.
P.S. ; Also , we Apologize for Predicting that the Old swvc
common shares could be 20% Reversed within 10 Trading Days.
They Should have been. So, the longer Delay is Probably Not
the fault of the CEO , because that would Not be ~Legal. We
have never seen a long-pre-planned + SEC-Filed Reverse take
more than 10 days to effectuate. Usually they're done within
5 days , unless there are a large percentage of extra shares.
extra, Sincerely.
Our shares were not exchanged either ,,,
but, it's no problem.
We never wanted to sell Any of them anyway,
until they at Least go up to $5.00 , or more.
That's why we Deliberately decided to Not sell them ,
even though we All knew about the Reverse-Split ,
many Months ahead of time. And, we even knew the Exact
last day to sell them, if we ever really wanted to.
But, we didn't , because we still believe that the CEO
will pay back Only the Most dependable longs , who held
All of their common shares , through this Reverse-Split.
And , as many more reverses as are planned , or needed ,
until Seaway is fully prepared to Uplist to the NYSE.
We always expected Seaway to be a long-term investment ,
just like Wal-Mart , and Micro-Soft. They started the exact
same way , as small companies , that had to expand , Before
their stock went up. Then , most of their original investors
became multi-millionaires.
It was a great test , for the best investors in Seaway.
And, all part of the best plan, ever. By the best CEO, ever.
Even better , thanks to the 80% reverse , our average
cost is down by 80%. So, we are 80% closer to being rich.
GLTA of those who did not sell Any Original swvc shares.
Just like the CEO ; who also Never sold Any shares.
BETTER 'INFO for the latest round of NEWBIES' :
No Shorter Has Ever Lost 1 Penny In WiFi. AND NEVER WILL.
It ONLY + ALWAYS GOES DOWN , FOR 10+ YEARS. Like Cam-Work.
It is Absolutely The BEST SHORT , EVER. And Super-Quick.
And , with Less Risk than Blinking.
The stooged longs , exactly like cantgain , just keep on
loosing , and complaining , and try to slow down the game
for us shorters, who have never lost , ever , in WiFiTV.
Just check the other pinks that the stooges pump + P into.
We have shown them exactly how to short scam pinkys ,
everywhere in the World , but they just keep cornplaining
about how they always lose , ASAP, by longing in scam pinkys.
extra, Most Sincerely.
But; We can't complain. If it weren't for the pinky
unvesturs , just like cantgain, we shorters would have
no new cash to sweep in. And, we appreciate their
advertising. [Thanks, As Always, to the camptguys.]
we shorters appreciate the insights ,,,
of the oldest consistent + brand newest wnbd longs.
So, we always follow. Shortly, just to stay in the pink.
We shorters have always appreciated winbad the saler.
And now, we have an extra wnbud vote of confudunce.
extra, Sincerely. [And, Thanks for our next short pick.]
swyv has always increased its intricate value ,,,
just like the plan-man always ~promised.
But, just not for everyone, quite yet.
Many irons are still almost on fire. But,
The Preferreds Always go first, because they had to
contribute much more cash; And, their 100+ year-old
successful businesses; And, they have done All of the
daily hard work, of trying to make those businesses
more successful than ever. Just to help their common
'share'holder brothers + sisters.
Now is the last time for all old common longs to team up ,
and average-down , faster than ever before.
Otherwise, All longs will lose even more , and
it is even possible that swyv could go BK , without
the corntinuing unvestment of most of the remaining
believers in the plan-man's secret plan. [Especially
that bio-hazard fuelish stuff.]
And, no one can deny that the plan-man can
keep his plans a big secret.
So, here's the new deal :
All old longs must just unvest another 30% ,
and pay off All of the currently known Converters ,
and give the plan-man a few more secret chances.
It's a No-Brainer. Especially Right Now.
With the all-time-low price per seawas 'share' ,
and the all-time-high of seawas 'revenues'. And,
just ignore All SEC Filings that prove cash burning ,
because, Seaway is a Leveraged Hedging Holding Company ;
so, the more they seem to lose, the more somebody makes.
Otherwise, swyv just goes BK. And Nobody has Any chance to
continue to profit, or [at least] get a part of their long
unvestment back. Even if it is just/under 1%. What's the
point of that? Let's keep this golden goose a-laying.
And, we're talking semi-big bucks. At least $40 Million ,
in just the last 12 months. All shared among longs + shorts,
and Brokers + MM's, and flippers + Insiders + CEO's + COO's ,
and who knows who elses.
extra, Sincerely. [And ~all else, except the longs.]
P.S. ; To the longs, who ~plan to try to sue any SEC-Filing
~pinky ; the odds are much better buying any other pinky.
And, way better to invest in learning how to short pinkys.
VeriSign keeps over 50% of ALL copi 'revenues' ,,,
that flow through VeriSign ; Because
VeriSign DOES ALL OF THE WORK , USING VERISIGN
EQUIPMENT + EMPLOYEES + OFFICES + EVERYTHING ELSES ,
AND TAKES ALL OF THE RISKS ON TELANOYERS THAT DON'T PAY ,
AND JUST GO BK , AND MOVE ACROSS THE STREET. Telemuckers
are notorious 'business' failures, and slow/no payers ,
because, it's so easy for them to 'move' their telephones.
Many of them make All of their 'profit' by Never Paying Most
Of Their 'Bills' , + 'moving' + changing their 'names'.
We know, because we read ALL of the Details in ALL VeriSign
Filings + Releases. [Because we were stuck with way too much
of their stock, (for years) when they traded their 'shares' ,
(instead of Cash) , to 'acquire' the old Network Solutions.]
VeriSign even did the AT&T Marketing. Not the new + grossly
overpaid copi sales 'exec' , who can't even write a sales PR.
In fact, there has been NO EVIDENCE that he has ever sold
any copi 'products'. And, it does not even show up in Any
of copi's SEC Filings.
And, everytime that VeriSign has to lower their copi-rates ,
due to Murphy's Law , copi takes Most Of The Hit , because
VeriSign pays All of the Employees , that do All of the work.
And, their salaries Do Not Decrease Per Murphy's Law.
Now; as for the AT&T 'Big Deal'. First, because AT&T is No
Big Deal, as it was BEFORE it was SPLIT into 8 LITTLE Deals.
And then almost went BK , and was bought by 1 of the 8 Little
Deals. [Again, we know, because we were major owners of 1 of
the little deals ; also, for too many years, until it could
also be sold/dumped.]
So, here's the big new deal for copi. Their 'revenues' will
DECREASE ; because , ALL old copi 'customers' that used to
use AT&T , and pay copi , Directly , will now 'go-through'
VeriSign , who will keep half of the old copi 'revenues'.
How cool is that. [For VeriSign, at copi's Direct Expense.]
Well; what's left for a long to pin a hope on , and keep
repeating.
1] The Big Canada Deal = Less People than California ; And,
copi got zip from the 'Big India Deal' , after a year ,
so far , and still waiting , on permanent hold , because
copi never/'can't' PR when they 'get' or DON'T GET a big
deal , or any deal , because it embareasses their classy
'customers'.
2] Still looking for those 6 Billion UNPAID 'call counts'.
3] Still paying 30+% Interest on the Super-Sub-Prime ,
Super-Short-Term 'Loans'. With No Chance of getting another,
because the copi 'execs' Had To Pledge ALL OF THEIR
'CONVERTIBLE PREFERREDS' AS COLLATERAL. [Guess what happens,
when copi Must Pay-Back Both Sub-Prime Loans, For ALL CASH ,
next year.]
4] copi common 'share'holders still 'owning' ONLY 13% OF
ALL OF copi's 'assets' [if any] + VOTES. But, 100% of ALL
Expenses + Salaries + Raises + Debts + Car Leases +
Everything Elses that burn cash.
5] Then, there's the Big-Buyout Deal, probably by VeriSign ,
as we first mentioned months ago , way before being repeated
recently , as a big new hope. It is a very good idea ; But ,
ONLY FOR VERISIGN + THE copi INSIDERS. The long copi common
'share'holders will get zip. Because, copi will be 'sold'
for Barely Enough To Almost Pay Back The 87+% Convertible
Preferreds. And, if there is anything 'left over' , the copi
'execs' will 'accept' ~1-year 'consulting contracts' for
pretending to 'work' at VeriSign , during the 'transition'.
extra, Sincerely.
P.S. ; Almost forgot to mention. The Convertible Preferreds
still + Always Will permanently OWN AT LEAST 87+% OF ALL OF
copi's VOTES + 'ASSETS'. So, in the very unlikely case that
VeriSign decides to buy copi for a little too much ; the 87+%
Voters can/will just 'vote themselves up' to just a little
more than 'necessary' , to leave zip , for all copi common
'share'holders to share.
Anyway, we day-trader-shorters appreciated last month's 2x
pump&dump. Let's All try to keep up the good work, ~monthly.
There is not much time left. As VeriSign squeezes copi's
'revenues' , in accordance with Moore's Law. And, those
Super-Sub-Prime 'Loans' approach their ALL CASH DUE DATES.
GLTA, and Thanks again. [And, watch out for new-'share'
printing to resume. It means that the VeriSign buy-out
'negotiations' are not 'progressing' fast enough. It would
make sense for VeriSign. They make a profit every month,
no matter how much they 'must' squeeze off of copi's
'revenues' , For Doing Absolutely Nothing , except leasing
exec cars , and hiring more over-paid guys , to sell nothing ,
while vacationing at Cornventions.] And, the closer copi is
to BK, the less VeriSign will pay.
P.P.S. ; copi could not pay us enough , to make us vacation
at a Tele-Marketeers cornvention. We would rather watch
re-runs of the old Tele-Tubbies TV shows. Or, attend picnics
with the International Brotherhood Of Used Car Dumpers.
swyv's 'Angels' are still floating floorlessly ,,,
over the sinking of the flooding Seaway Valley.
'Angel' Investors are Not Fools.
That's how they Earned their Cash ,
and why they still have it ,
and make sure that they Don't Lose It.
When they 'Help' a start-up, it must have unique potential.
Which does Not include junk stores in a permanently
depressed mini-region, where 35% of All houses + condos +
trailers + storefronts are Vacant, for decades. And, getting
worse, as a Multi-year World Recession spreads.
And, 'Angels' Never bail-out a sinker , and the CEO that
sank it , and keeps sinking it , for his own personal gain.
Although, they sometimes buy only the most useful scraps ,
right before and/or during BK.
In All cases , 'angels' Control Their Cash , and the places
where they park it. And NEVER BAIL-OUT COMMON PINKY UNVESTERS ,
WHO ALREADY THREW AWAY 99+% OF THEIR UNVESTMENT , AND ARE
STILL CORNTINUING TO AVERAGE DOWN.
extra, Sincerely.
P.S. ; sw__ has always had its 'angels' ; and, has more of
them Now , than ever before. They are the Floorless Converters.
But, one more will be arriving by Christmas. Wearing Black ,
to permanently wash away the plan-man's Swamp of Red Ink.
Not quite. When swy_ goes BK ,,,
it IS a 'taxable event' for All ,
as soon as the Brokers close out everyone's 'positions' ,
[ without collecting any commissions ]
and release the cash proceeds ,if there are any.
Shorters, that have not covered , collect 100% profits ,
that could even be LTCG's , if held long enough. But,
that's rare. Most pinky/penny shorters cover within 3 days.
We cover every day that we short, so we are Never short
overnight.
Longs get to take their 100% write-offs , without even
paying a commission ; although , some Brokers pay ~$1 ,
as if they were 'buying' the BK 'shares' from the long.
Similar logical tax rules apply to options holders , as if
all positions were closed out at a 'share' price of $0 ,
on the official day of BK ; or , the day the 'shares' cease
trading , forever.
But, [in answer to Holter], as good as it seems for shorters,
when their favorite goes BK , shorters DO NOT WANT swyv TO
EVER GO BK , because it Ends their stream of profits. And,
the Best situation is a steady string of Reverse-Splits ;
where the shorters 100% cover Before the reverse ; and
re-short right After , when the price crashes fastest , and
the old longs are locked-out of selling any 'shares' , while
they are forced to wait for slow-rolling CEO's , and their
similarly-directed TA's. And, the Brokers add their own
delays , due to the very low 'priority' of reversing stocks ,
and penny/pinky longs , in general , due to their shrinking
account balances.
extra, Sincerely.
P.S. ; While longs have a money-losing 'strategy' of
averaging-down ; shorters multiply their profits by
'doubling-down'. Instead of holding a short position
that is 'in the money' more + more , as the stock keeps
sinking ; they cover , and collect their profits , and
then re-short , ~ twice as many 'shares' , and keep doing
this , if the stock keeps sinking , and there is growing
volume , as the price drops.
For example; If a shorter holds a 1000-share position, long
term , as a stock falls from $1.28 to $0.01 , he only makes
$1,270 in profits [ignoring commissions]. But; if he keeps
covering + re-shorting twice as many shares, every time the
stock sinks 50% ; Here's what happens :
1] 1000 shares drop from $1.28 to $0.64 = $640 profit
2] 2000 shares drop from $0.64 to $0.32 = $640 profit
3] 4000 shares drop from $0.32 to $0.16 = $640 profit
4] 8000 shares drop from $0.16 to $0.08 = $640 profit
5] 16000 shares drop from $0.08 to $0.04 = $640 profit
6] 32000 shares drop from $0.04 to $0.02 = $640 profit
7] 64000 shares drop from $0.02 to $0.01 = $640 profit
So; 7 x $640 = $4,480 in profits for the doubling-down
shorter , instead to just $1,270 , for the same price
sinkage , over the same short time period.
And, the Brokers love it too ; because they collect much
more in commissions , even with the 'best-rates' that they
give to their frequent-fliers. Especially as their accounts
keep profiting + growing.
That's why our short motto is :
" Averaging-Down Is Profitable , For Shorters , ONLY . "
There are now 800 Billion Conversions ,,,
already waiting on line. NOT 200 Billion, that there
were, when the pre-reversed price was $0.0004
It WOULD HAVE BEEN 200 Billion; but, ONLY IF THE POST-REVERSE
PRICE OF swyv HELD AT $0.0020 WHILE THEY ALL CONVERTED ;
which , of course, WAS ALWAYS OBVIOUSLY TOTALLY IMPOSSIBLE.
Anyway, in just the last 8 trading days, the Price of swyv
has Sunk DOWN , by a Factor of 4 [= down 75%] ; so,
the 200 Billion Floorless Conversions had to Multiply UP ,
also by the same Factor of 4 ; All the way Up to 800 Billion.
That's the beauty [to the 'lenders'] of their Floorless Toxic
Convertibles , and the not-very-well-hidden secret behind the
tightly coiled spring that powers their Death Spiral grip on
swyv.
So, NOW we have 800 Billion , TODAY ; BUT, ONLY IF swyv
NEVER DROPS BELOW $0.0005 ; WHICH IS ALSO OBVIOUSLY TOTALLY
IMPOSSIBLE. Because; when 800 Billion tries to dilute into
the current 0.5 Billion , THE PRICE MUST DROP BY ANOTHER
FACTOR OF 1600 [= Down 99.9375%] ; which MAKES THE FLOORLESS
800 BILLION MULTIPLY BY ANOTHER FACTOR OF 1600 ; ALL THE WAY
UP TO 1280 TRILLION. [Which is a.k.a. 1.28 QUADRILLION.]
Of course, there will never actually be 1.3 Quadrillion common
'shares' floating , because they will be hidden by reversi's.
Just two 1-for-1000 reversi's would shrink it to 'only'
1.3 Billion , for newby public consumption. But, it's still
effectively 1.3 Quadrillion Brand New Dilution , for ALL
current swyv common 'share'holders. [What a great story for
some Reporter at the Wall Street Journal. Especially now,
since everyone just learned how big $700 Billion really is.]
extra, Sincerely.
P.S. ; The strangest part of this swyv 'story' is NOT the
1.3 Quadrillion Dilution. Many pinks have done Much More.
[The best currently trading example is wift, which has
had 5 Huge reversi's in just the last 7 years; for a Grand
Multiplied Total of 1-for-100 Billion, and they STILL HAVE
30 Billion MORE Authorized common 'shares'. And, they did
it all , just by 'selling' Floorless Convertibles , just
like the swvc/swyv++ plan-man.]
But, The Massive + Guaranteed swyv [plus reversi's] Dilution
is ONLY A PROBLEM FOR CURRENT swyv common 'share'holders.
And, they Will Always Be Locked Out Of Selling For At Least
a week after each reversi , BECAUSE THE TRADING SYMBOL MUST
ALWAYS CHANGE WITH ANY REVERSE-SPLIT. [Which is Not Required
for any Forward-Split, and/or 'stock dividend' ; for obvious
reasons , to those who think about the 'mechanics'.]
The ONLY, [AND , BY FAR, MOST IMPORTANT] 'problem' for swyv ,
is to try to delay BK ; by , somehow , digging up $800,000+
in Brand New Cash , to partially pay Wells-Fargo , in less
than 30 days , FROM NOW. All while every swyv 'business' has
ALWAYS LOST MONEY. And, the bogus bio-hazard 'gift' is tied
up in court, for years, or decades. [swyv will be BK , way
before that case is ever 'settled'. Not that it's worth
anything. But, even if it is, guess who plans to win ;
with or without any overpaid + overlooking lawyers ;
with no swyv common 'share'holders available for sharing,
after being 90+% sheared , several times , and continuing,
while still holding + averaging down , and believing that
BK is not 'in the cards'.]
We still believe that swyv is the best short pinky ,
since Pinky Lee . There is only 1 slight risk. Which is :
if the longs, who already contributed $40 Million , decide
to ante-up another $12 Million , [just another 30%] , to
pay back All of the waiting Converters , and call the
plan-man's bluff , in this poker game , that we call
Seaway Valley Hold-Em-off.
Great idea. Really. There are 'only' $12 Million ,,,
of unpaid Floorless CD's.
And, the averaging-downers have already sunk $40 Million
into seawas, in just the last year. And, lost an average
of 98.5%
So, if each unvester just threw away another 30% more ,
they could buy-out all of the Floorless Toxies.
Here's the math :
30% + $40 Million [already lost] = $12 Million [Toxies].
Really. It IS just that easy.
And, the best way, is for all of the averaging-downers
to coordinate their buying, to make swyv 'spike up' ,
and attract a load of new unvestors.
After all, it worked exactly that same way, just 1 year ago.
And, PR's from the IR guy are Not even needed. The longs
and averaging-downers could just keep posting 'copies'
of personal eMails that they pretended to 'receive'
directly from the plan-man, [exactly like they have been
doing for the last year].
extra, Sincerely.
P.S. ; Please tell the shorters when the Big-Bail-In
will begin. We might even 'help' , after the peak.
It's really a 'no-brainer'. Either accept the 98.5%
[and growing] loss, OR, just 'bet' another 30% , and
get 130++% back, or way more [with good coordination] .
And, it would only take less than 1 week. BUT, it must
All happen Before swyv goes BK, which could be the end
of this month, when swyv Must Pay ~$800,000 in New Cash,
to WF, Before they foreclose on All Inventory.
copi's next 10-Q will drive the price down ,,,
another 50% , as always. Just check the price history charts.
copi's 3rd Quarter ENDS TOMORROW,
without any hint , in many months, that 'revenues'
may have increased, OR , cash burning may have slowed.
In Fact, there is Proof that copi expenses keep Increasing,
with the new 'sales guy' + helpers + 'bankers' + 'IR guys' ,
ALL of whom ADD ~ZERO TO REVENUES , AND BURN CASH FASTER
THAN EVER FOR copi. IOO, there is Zero possibility for copi
to ever have a profit. Even if copi did not have to always
fight Murphy's Law, which Always cuts copi's 'revenues per
call-count' by 50% , EVERY 12-18 MONTHS.
So, we shorters just assume that copi is closer to BK.
Especially since they had to cash-out their LAST + FINAL
super-sub-prime , short-term 'loan' , at 30+% INTEREST .
[Plus 'costs' + 'fees' + options + who knows what else.]
And, the copi execs/Insiders could only get their last + final
super-sub-prime + super-short-term 'loan' , BY 'PLEDGING' ALL
OF THEIR SUPER TOXIC CONVERTIBLE PREFERREDS AS 'COLLATERAL'.
And, those Insider Converters Own 87% of All copi votes
[and 'assets' , like rental liabilities , and out-dated
'patents'] ; so, they could just 'vote' themselves UP to 99+%,
AnyTime it might be worth the trouble. [Like, in a 'buy-out'.]
We shorters still believe that VeriSign is just slow-rolling
copi into BK; as copi keeps burning cash, and running out of
super-sub-prime 'loans'.
IOO , within 1 year, the copi 'execs' will be 'working' for
VeriSign, with short-term 'sweet-deal' Golden Parachutes ,
and All common copi 'shares' , Combined , will not be worth
1 pink penny.
extra, Sincerely. [Just mark this post/poster. And, check
our history/profile. ALL of out favorite shorts are Down
90+% in the last year. Which is no big deal. Because ~All
pinkys/pennys/ponzys crash 90+% per year. It's just S.O.P.]
Retail wnbd shorters never 'filed' , and never will...
AND, NOTHING IN ANY RECENT SEC 'RULES CHANGES' ,
has Any Impact on Any Retail Shorter, and never will.
Especially if :
1] They Always short + cover on the same day .
2] And, They Always short + cover 'Off-Shore' .
Meanwhile, the SEC "UPtick Rule" , that annoyed shorters
for 70+ years, is still dead. After being killed last year.
extra, Sincerely.
By the way; The End Of The "UPtick Rule" is the main reason
why scam pinkys are being shorted to BK, faster than ever.
And, it's Good for All. Shorters make more money , faster ,
and with much less risk. Pinkys go BK faster , so their
scammy CEO's scoop up much less cash from their longs.
And, the longs contribute less cash, as BK's are quicker.
So, everybody is [or should be] happier.
And, the capitalist world is more efficient.
And, the scammers are stomped out quicker.
Averaging-down pinky longs don't know what's good for them,
as proven, by their long lists of previous pinky 'favorites',
that are All quickly BK's, or worse, if they reverse-split,
and the averaging-downers continue corntributing.
IOO ; wnbd will crash below $0.0005 , within 1 year ,
and have to start doing reverse-splits , No Matter How Much
Soap They Ever Sell. Because; IT'S ALL IN THE MASSIVELY
DILUTED 'SHARE-STRUCTURE' , that the CEO CAREFULLY HIDES.
And, it's still working [on the longs] , and providing
profitable bounces for the day-trader-shorters.
extra, Thanks.
seawas is Down 99.5% in the last year...
No long flippers, or longs, or averaging-downers,
could possibly have made 1 pink penny in the Massive
Dilution of the common 'share'holders. While their
'ownership' of seawas sunk from 49% [last year] ,
to less than 1.25% today.
And, the Real Dilution has not even begun. Even the
plan-man had to admit , [IN THE RECENT SEC FILING] ,
that there are 200 BILLION MORE COMMON 'SHARES' ,
WAITING TO FLOAT IN , FROM THE OLD TOXIC CONVERTERS.
And, THEY ARE ALL FLOORLESS. So, as the 'price' of seawas
sinks, THE 200 BILLION MULTIPLIES. At the current
post-reversi price of $0.0010 , IT'S NOW 400 BILLION.
And, as they float in, and the common 'share' price keeps
sinking; IT WILL BE IN THE TRILLIONS. Only ending in BK.
Meanwhile, the average long is Down More than 90%.
Only the plan-man + the short-term-shorters are winning.
[Plus the Brokers + MM's + Insiders, as always.]
Several Insiders pretended to be 'outsiders' , and
have been reported to the SEC. Then, tried to hide.
But, they are All now surrounded, due to their overlap
in many similar pump&dump 'brick+mortar' scams.
We shorters always report such things, ASAP, to the SEC.
Just check our other 'favorites'.
extra, Most Sincerely.