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A few more swvc numbers ....
swvc already admits , As swvc Recently Filed with the SEC ,
That ; if the swvc common 'price' were frozen at $0.0004 ,
there are already 200+ Billion common 'shares' of swvc ,
just waiting to float in, when the A/S is increased ,
and/or Any R/S is effective. And, they are ALL Floorless,
but, we can pretend to ignore that, by pretending to assume
that the trading price will remain at $0.0004 , while All
200 Billion Brand New Commons Convert + float in. [Not too
likely for an always-cash-burning company, that can't get
any cash loans, While it tries to Dilute, BY 80 X !]
Anyway; $0.0004 x 200 Billion = $80,000,000 [IN NEVER
DILUTABLE + FLOORLESS CASH, ALREADY OWED TO swvc CONVERTERS.]
That's $80 Million in Never-Dilutable Floorless Toxic
Convertibles, THAT IS STILL + CURRENTLY OWED TO PREVIOUS
'LENDERS' TO swvc. [PLUS, anything else owed to WF , plus
Penalties + Interest + Discounts + whatever else shows up
in the future, from future 'acquisitions' and/or Any
'Corrected Filings' REQUIRED BY THE SEC.]
In just the last year, ONLY swvc COMMON 'SHARE'HOLDERS LOST
$40,000,000 ALREADY. AND, THERE'S STILL $80 MILLION UNPAID,
AND ALREADY WAITING TO CONVERT. And, the swvc common
'share'holders only 'own' 1.25% of swvc's Fully Diluted
TODAY. AND, AFTER THEY PAY [average-down] ANOTHER $80 MILLION,
THEY MIGHT FULLY 'OWN' swvc's current collection of
always-money-losing 'businesses'.
In other words; If every swvc long who ever lost anything
in swvc, INVESTED TWICE AS MUCH MORE, THAN THEY HAVE ALREADY
LOST, ALL TOGETHER, they would actually 'own' all of swvc's
cash-burners. And, the plan-man could continue 'voting' for
more of the same, all by himself.
He really is a genius.
ONLY swvc common 'share'holders have paid off All of the old
debts, of his close Family , and old Friends , and new Best
Friend. [Who is now even collecting a salary, as the New COO.]
And, All while All of the swvc Insiders , combined ,
own a Total of Zero swvc common 'shares'. So, they Must
be constantly selling All that they get, as they Convert,
and All that they 'vote' themselves as gift/bonuses.
And, it all seems to be ~legal.
No longs have Filed any legal complaints.
And, no shorters ever will.
extra, Sincerely.
P.S. ; Typically , shorters collect 5-25% of the Profits
in sinking stocks, especially penny/pinky/ponzys. Brokers
and MM's take about the same percentage, with the lowest
price stocks being the most quickly + risklessly profitable.
So, for swvc, with $40 Million already long-lost, the
shorters probably already collected ~$5+ Million in Profits.
And, if the longs get to throw in their remaining $80 Million,
before swvc goes BK , that's another ~$10 Million for the
shorters to share. No matter where or how they short. Just
like it doesn't matter where or how longs keep averaging-down.
P.P.S. ; We believe that there are not too many swvc shorters,
world-wide, based on our percentage of the probable take.
But, we follow swvc, much more carefully than most. And, very
carefully read Every swvc SEC Filing. Immediately. Especially
the recent rash of swvc 'Corrected' SEC Filings. And, the
latest 'correction' even said to 'not count on' any previously
filed stuff. [We've seen that before, but, hardly ever ; and,
usually right before 'trading' is 'suspended' . But, we do
appreciate that swvc keeps trying to File , although, we
still can't figure out why. It just seems to waste more of
the CEO's time, and the common 'share'holders limited cash.]
By the way. Why do the CEO + COO get full-time 'salaries' ,
when they only 'work' kinda part-time 'for' swvc ; and most
of their time managing their Outside Investments, where they
often even have 'Interlocking' Directorships ? Hmmm...
swvc is actually a worse 'investment' now ,,,
than it has ever been. And, even worse than any pink shell.
Just 1 year ago swvc 'owned' no 'brick + mortars' ; so
it had no fixed + hourly expenses. Now, swvc 'owns' a
load of cash-burners. And, the SEC is making swvc admit
that they way over-paid for all of them.
A year ago, as an empty shell, swvc needed no cash to survive
forever. Now, swvc's cash burning will drive it to BK,
before Christmas. Maybe even October, if WF forecloses.
A year ago, the CEO said that swvc had 'no debts' .
Until the 'overlooked' toxie was 'discovered'. And, then,
he added at least 10 more. So far.
A year ago, common 'share'holders 'owned' 100% of swvc.
Then, the CEO took 80%, without paying anything. Then, he
switched it to a NEVER DILUTABLE 80%. Leaving ALL
common 'share'holders with 20% of what they had 'owned'
just the previous day. Then, he gave away more than half
of their remaining 20%, and 'gave' it to his Family, as he
alone 'voted' to 'acquire' his own Family's Debt-Ridden,
and always-money-losing 'business' ; which was actually
'worth' way less than $zero. Leaving commoners with less
than 10% of swvc.
Then, he did it again, and took another half of the commoners
'equity' , and gave it to his new best 'Friend' , to
'acquire' only the always-money-losers of NCH , AND , All of
their debts. Leaving commoners with less that 5% of swvc.
[ Anyone notice a pattern? Yet? ]
If not, just wait for the next 'acquisition' .
Anyway, some might think that 'owning' 5% of swvc is still OK.
Even after losing 95% of their cash unvested in swvc ,
in just the last year.
But, thanks to the CEO's need to always trade-away Floorless
Death-Spiral Toxies; swvc common 'shares' are ~guaranteed to
drop another 99% , From Today's Price , as the Converters
bail out. They WILL dilute 200 Billion MORE common 'shares'
into the current 'only' 2.5 Billion float.
That's : 200 / 202.5 = 98.8% MORE DILUTION , At Least.
But, it's even Much Worse, because they are ALL Floorless.
It's 'only' 200 Billion, If the price of swvc never drops,
as 80 TIMES MORE New Common 'shares' float in. But, that
Never Happens.
Most likely, THIS WILL HAPPEN. Starting with Today's Float
of 2.5 Billion swvc common 'shares' , priced at ~$0.0004
1] The First 2.5 Billion [of the 200] convert, doubling the
trading float, so the price drops 50% , down to $0.0002
2] Well, the 197.5 Remaining, ARE ALL FLOORLESS. So, when
the price is cut in half , TWICE AS MANY MUST CONVERT. So,
now there are 395 Billion Remaining, with 5 Billion Floating.
3] Then, another 5 Billion Convert, doubling the float Again;
so, the price drops in half again; Down to $0.0001 . And, the
Remaining 390 Billion Floorlessy's Must Double Again, all the
way UP to 780 Billion. [Note: Reverse-Splits and/or Increases
in Authorized Common Shares are 'voted for' , as needed.]
Get the pattern, yet ? That's why Floorless Toxie 'borrowing'
is appropriately called DEATH-SPIRAL "FINANCING" . It can
Only End with a BK.
extra, Sincerely.
P.S.; We have been convinced that most of the old swvc longs
will just keep holding, because they have already lost 95%.
And they think that it's not 'worth' selling the last 5%.
Especially if they still believe that the CEO is 5% good.
But, most would never have UNvested $1.00 last year, if
they knew that they would lose $0.95 . So, we can't quite
understand why they would keep averaging-down Now; while it
is guaranteed that the Will lose 99% More, of all new + old
cash that's ever dumped into their seaway. [Not even counting
the new world recession + energy crisis + Real Estate crash.]
However, all of the above is riskless perfection , for
shorters , only. Especially right after every Reverse-Split.
And, we much prefer a sequence of three 1-for-5 reversi's ,
to a single + wasteful 1-for-625 reversi. It 'looks' much
better, so there is less risk, and more + faster Profits.
[As long as swvc evades BK, and longs keep averaging-down.]
The Reason why the R/S is on hold is ,,,
because longs are still averaging-down above $0.0002
AND, converters are still dumping their recently-converted
common 'shares' , that they got stuck with , after they
converted their old CD's up to the limit of 2.5 Billion.
5 Times as many can be dumped , if it's done BEFORE the R/S.
And, as long as the common 'share' price is above $0.0002 ,
there's ABSOLUTELY NO PROBLEM. Until, they are all dumped,
and/or longs quit averaging-down.
We wonder which will happen first. Not that it matters.
Because the only real time-clock for swvc is the never-ending
cash-burning to the eventual/soon BK. And, swvc owes $860k
in BRAND NEW CASH to WF , in LESS THAN 2 MONTHS.
With MUCH OF IT OVER-DUE IN LESS THAN 1 MONTH.
extra, Sincerely.
P.S. ; Meanwhile, swvc is flat-lined , until the R/S.
Which makes it useless for All flippers and shorters. But,
when the R/S happens, the shorters will down-tick the
new price back down to below $0.0005 within 2 weeks.
For a quick + riskless 80% profit. And then, cover, and
sleep through the next flat-line, while waiting for the
next sequential reversi. There is No Way To Escape A
200 Billion Brand-New-Shares-Floorless-Toxic Death Spiral,
without a BK. And, if the $0.0004 'Estimated' Conversion
'price' does Not Hold [which it won't], the 200 Billion
could easily grow to over 1 Trillion. That's only 5-X from
right here. And, After the 1-for-5 reversi, and the 'new'
common 'price' sinks back to $0.0005 , That's the 5-X.
By the way, when the trading 'price' is $0.0005 , the
Conversion 'price' is $0.000375 [for the 25% Discounted
Converters = Most of them], or even $0.0001 [for the ~80%
Discounted Converters = ALL of wizeguys Family sell-outs].
So, any Real Investor would 'evaluate' swvc , as if it
already had a ~1 Trillion-share Fully Diluted Float. And,
then evaluate swvc's non-cash burning 'assets' , MINUS
swvc's Guaranteed Debts [and the future probable debts
from any possible future cash-burning 'acquisitions'].
The probable/guaranteed numbers are staggeringly laughable.
But, just for simplicity, let's assume that :
1] swvc Never 'acquires' any more debts and cash-burners,
2] And, dumps all current cash-burners, to become
barely 'cash-flow-neutral' ,
3] While taking 5 years to pay off All debts.
[None of which is likely, but All Must be done,
within the next few months, to prevent BK.]
Well, then we would have All of the Combined Current Longs
'owning' ~2.5 Billion common swvc 'shares' , out of the
Total of ~1 Trillion Fully Diluted common 'share' count.
That's : 2.5/1000 = 0.25/100 = ONE QUARTER OF 1 PERCENT !
Hard to imagine what the longs are thinking , regarding 'dd' ,
or if any of them ever 'evaluated' a Real Business, or stock.
Viewed from the 'Top-Down' ; if swvc were , somehow , 'worth'
$500 Million , Today , in Real [Non-Cash-Burning] Assets,
Minus All Debts [with no more 'acquisitions' of losers] ;
then , each of the 1 Trillion Fully Diluted 'shares' might
Barely be 'worth' $0.0005 , to a Real Investor. Dream On.
We're not swvc toxic financing experts ...
like the swvc genius plan-man; but,
some of it is kinda basic, anyway.
And, swvc only signed into their death-spiral 'financing'
because they needed this kind of financing to begin with.
As was obvious when swvc's 'lawyers' haphazardly 'overlooked'
$20-30 Million in KK's 'Friendly' ALREADY OVERDUE DEBTS.
That having been said , let's simplify the plan-man's plan.
Let's say financier YA loans $1,000,000 to company swvc.
In return YA gets some sort of Convertible Debenture which
allows YA at some point in time to buy shares from swvc at a
discount (shares which the company MUST print/issue upon
DEMAND, WITH ABSOLUTELY NO DELAY , and which will add to the
outstanding share count).
This discount can be anywhere between 3% and 80%+ off an
average of a 10- or 20-day VWAP or off the lowest closing bid
price over the last 30 days , whatever YA wrote in the
terms, and swvc's 'lawyers' accepted [= 'Overlooked' + Filed
with the SEC] ... simply , a discount off a future current +
quickly sinking trading 'price' of swvc common 'shares'.
YA also gets some pretty good fees up front , often 10% and
more of the principal amount taken right back by YA as
structuring fees , due diligence fees , monitoring fees , YA
lawyer 'overlooking' fees, etc. , but the principal remains
the same , the original amount.
YA also gets interest on the principal amount , 8% to 15% per
year and higher , often with default terms which can escalate
that higher [just like WF].
Now , if the company's PPS goes up , everybody wins , and YA
converts/buys shares at a huge discount to market and sells
them at a profit , on top of the interest and on top of the
up-front fees.
If the company's PPS goes down , YA ALSO WINS. They still can
convert/buy shares at a discount to market and sell them at a
profit , on top of YA's 'up-front fees' / etc's. Just the
swvc common 'share'holders lose. [swvc 'Preferreds' Never
care, because they are All Always UNdilutable.] [Legally.]
Now if YA is in a bit more of a hurry , they could short the
swvc stock 'somehow' , directly if it's allowed in the terms
of the agreement (it often IS allowed) or indirectly
perhaps , however they probably usually do, since it's easy,
for any pinky lender who deliberately has a Caribbean HQ.
So YA could short , [oh , pick a number] , $1 Million worth
of swvc common shares at an average of $0.0010 per share just
for example , a nice round number. That's 1 Billion
common 'shares' of swvc shorted, and $1 Mil in YA's ALREADY
CASHED bank, kinda like 'insurance' , in case swvc goes BK.
Then, swvc's share price starts tanking , people get worried
about the toxic financing , all the reasons swvc had to get
this sort of financing (no profit? no revenues? no product?
high salaries/perks/consulting agreements for friends?) are
still there and they kick in with a vengeance and the PPS
just goes down. Lots of times during the course of this
scenario the company needs more money and takes more loans
and there's more dilution and more worries and more debt and
it just gets worse and worse, especially if/as swvc just
keeps 'acquiring' more 'friendly/family' , pre-toxic-debt
overloaded, always-cash-burning , guaranteed money-losers.
YA can be converting/selling shares all the way down ,
recouping portions of their investment , maybe even recouping
the entire $1 Million , which would give them a profit right
there of the structuring/monitoring/DD fees they kept out of
the $1 Million , and depending on how long they were charging
interest maybe they got another $1 Million , for a 100%
profit?
And at some point YA has to replace those 1 Billion shares
they shorted and at a PPS of $0.0001 per share that will only
cost them $100,000 out of the $1 Million they banked on the
initial short , so they have another $900,000 left in the
bank on the deal.
So , is that maybe $1,100,000 in profits over and above a
$1,000,000 'loan' to swvc, a super-sub-prime borrower,
that only loses cash, on 'assets' that way less than
near-current debts, than they could ever be 'worth' ,
especially in the beginning of a multi-year World Recession,
with All of swvc's 'assets' stuck in the most permanently
depressed mini-region of the U.S. , where 30+% of All shacks
+ shops are already vacant [except for the probable
homeless/squatters]?
Who knows? There's too many zero's. But, we All Know That
YA NEVER LOSES, and their desperate 'clients' always go BK.
I'm sure there are details / certain restrictions / etc
which 'modify' some or all of the above scenario .
But, there is NO DOUBT THAT YA ALWAYS WINS BIG , and only
swvc common 'share'holders pay 100% + the genius plan-man's
salary + expenses + bonuses + family benefits + etc's ,
that only swvc lawyers + accountants could ever try to
overlook, for a short time. Which ENDED , as Proven, by
swvc's drastic rash of SEC 'Corrected' Re-Filings.
And, they ain't nearly done. Yet, or ever. Until swvc is BK.
We shorters are still banking on this Christmas, 2008.
extra, Sincerely.
swvc Must Increase their A/S ,,,
to allow YA [and All others] to keep converting + dumping.
It's specifically written into All of their 'contracts' ,
And, already Filed with the SEC.
And, that's the real truth. Just check swvc's SEC Filings.
YA will Not keep waiting. Especially while swvc keeps
burning their last remaining pennys, and defaulting on
the WF loan [since day #1], and now has to dig-up $860k
in brand-new cash, by October, just to keep WF from selling
All of Hackers 'inventory' in a garage-sale.
The A/S can be Increased, overnight, without even telling
anybody, until the next swvc Filing. And, that's All that
the swvc shorters care about.
The R/S would also be nice. But, it's Not needed until swvc's
'trading price' falls below $0.0001 , and quits trading ,
due to lack of Any bids of $0.0001 or higher.
By the way, it DOES make sense to do the A/S First, and ALL
BY ITSELF, because way more new shares could be converted ,
and dumped. Here's why :
If the A/S Increase to 10 Billion [or more] is First, And
with No R/S , 7.5 Billion more swvc common 'shares' can be
floated in. Then, after the 1-for-5 [or more] R/S , another
8 Billion can float in. For a Grand-Total of 15.5 Billion.
Whereas; if the A/S Increase + R/S are simultaneous, 'Only'
9.5 Billion new swvc common 'shares' can float in. [Until
the next R/S and/or A/S Increase, of course.]
It's really not that complicated. Especially for the plan-man.
extra, Sincerely.
Meanwhile, swvc is flat-lined, and/or still sinking, until
the A/S Increase and/or R/S. And, the best time for the
plan-man to increase the A/S , is while swvc longs are still
buying more + averaging-down at any 'price' above $0.0001
We can only guess that the genius plan-man must have an
insurmountable 'reason' for doing nothing, ASAP. And, our
'guess' , IN VIEW OF THE RESENT RASH OF 'CORRECTED' swvc
SEC FILINGS , IS THAT THE SEC IS STILL NOT HAPPY , AND
PROBABLY NEVER WILL BE. [Which makes swvc shorters all the
more risklessly happy, as they wait patiently to re-short,
as soon as the SEC allows the plan-man to resume dumping.]
But, what do we know ? Or anyone ? Including the plan-man.
But, WE ALL KNOW THAT THE SEC HAS MADE THE PLAN-MAN RE-FILE
A LOAD OF MAJOR 'CORRECTIONS' RECENTLY. And, None of them
had any 'good news' for the longs, WHO BELIEVED THE OLD
swvc SEC FILINGS , WHICH ARE NOW SUNK IN THE SEAWAS. Along
with ~$40,000,000 of ONLY common long's cash, in just the
last 10 months. Global worming will Not melt this iceberg.
seawas MUST INCREASE THEIR A/S ,,,
whenever Any Converter CAN + WANTS TO CONVERT,
WHENEVER THE A/S IS MAXED OUT. [WHICH IT IS.]
It's specifically REQUIRED in Every Converter's Contract,
And, has Already been Filed BY swvc , with the SEC.
And, it can + MUST be done. And, it requires No Vote,
and can be 'approved' any day, and/or overnight.
And, there is NO WAITING PERIOD, OR ANY 'EARLY-WARNING'
REQUIRED, UNLIKE FOR A R/S. [Which has a 30-day delay ,
Because a new Reversed 'symbol' must be invented, AND,
therefore, must float through the SEC.]
We swvc shorters don't really care WHEN swvc is forced to
actually Increase their A/S's. We just will be among
the first to re-short, as the Converters re-start dumping.
And, nobody cares about any swvc R/S , until swvc falls below
$0.0001 , and can't 'trade' anymore , which will prevent
Converters from continuing to dump their 200 Billion, ASAP.
When that happens, the Converters will convince the
plan-man to IMMEDIATELY IMPLEMENT THE REVERSE-SPLIT.
There is Absolutely NO PROBLEM in doing it YESTERDAY.
MORE THAN 80% OF swvc 'SHARE'HOLDERS 'VOTED' YES ,
MORE THAN 30 DAYS AGO. When the 1-guy 'voted' yes.
And Filed the 14-C, with the SEC.
extra, Sincerely.
P.S. ; We have noticed that swvc has quit releasing any
useful info for any longs. We shorters know exactly why.
And, just today, at his grand exposure , he ran away ,
and tried to hide , again , as usual. No surprise.
We continue to report swvc , to the SEC, and the other
'entities' that request more FACTUAL info. Before Xmas.
We only short copi after a pump...
And, we are Never short any pinky overnight.
But, Monday morning is looking good,
right after copi starts down-ticking.
Thanks for today's paint jobs.
We should team-up this way more often.
extra, Sincerely.
We expect the swvc A/S Increase on Monday...
And, it does Not even have to be 10 Billion.
The plan-man could 'vote' for any Billion, all by himself,
over the weekend, without even telling anyone, as long as
it's within Delaware Rules.
But, the Converters are running out of time, and need the
A/S Increase [Only] to resume dumping. And, it's specifically
Required, in All CD 'contracts' , that the plan-man + his
'overlooking' lawyers signed + Filed, with the SEC.
The plan-man Must Increase the A/S within 30 days of
maxing out, if Any Converter is waiting. [And, they All are.]
The R/S is not needed, until swvc sinks below $0.0001 ,
and can't trade. Then, the seawas gets muddy. But, we expect
that the Converters will find + cornvince the plan-man to do
what They expect. [By the way, has anyone seen and/or heard
ANYTHING from the plan-man, for the last 30 days, or longer?]
[Usually, the golden-boy with the perfect 'resume' shows up
for 'Grand Openings' of Any new outlets, especially if there
are less than 10.]
extra, Sincerely.
P.S. ; We are Fully Ready to re-start shorting swvc,
as soon as the A/S is Increased, and/or the R/S Flies In.
But, today's swvc 'trading' should be fun. Let's see how
many longs + flippers hold out for the plan-man's very
first miracle , before first-thing Monday. The possible
last day that swvc ever trades [before a R/S, with a new
symbol] starts in less than 5 hours; and ends in less than 12.
How many of the 2.5 Billion current longs will keep believing
the best swvc 'outsider'/insider[?] fans? We don't financially
care. Because we are Never short swvc overnight. It's way
too risky for us shorters [+ any longers, including flippos.]
GLTA. Especially those who have links to Immediate Info on
any change in swvc's A/S and/or any swvc R/S. Like shorters.
Also, make sure to find a Professional Broker, who can
personally get orders Filled + Confirmed, In Seconds, while
their best clients are waiting, on the phone, in Real Time.
[The best Brokers know how to enter orders that Immediately
Move to the Front of the line. Possibly by sending them to
MM's, that they personally golf with, or whatever.]
swvc CD 'restrictions' are MEANINGLESS, for 3 reasons...
1] They expire in Only 6 months, due to the new SEC Rules.
2] They can be converted into the float, WHILE RESTRICTED,
and sold/dumped very soon after being converted.
3] While waiting to be UNrestricted, they are easily
'shorted against the box' , which is equivalent to them
being Sold Immediately, While 'restricted'. And, they never
have to be 'covered' in the open/public market; because,
when the 'restriction' ends, the borrowed short shares are
just 'cashlessly covered' using the newly-unrestricteds.
Most 'experts' , who are pretending to get even the lowest
level of 'securities license' should know about this stuff ,
unless they are trying to hide the obvious Facts about
swvc's Super-Toxic Death-Spiral 'financing' .
So, as soon as the A/S is Increased, with OR WITHOUT ANY R/S,
All 200 Billion conversions can effectively be 'sold' into
the O/S Float, even if 'restricted' for a very short time.
extra, Sincerely.
P.S. ; We are still amazed that the swvc fans still think
that 'The Currently Floating Market Cap' is way too low.
First; because everything that swvc 'owns' , has always lost
money , and much faster after being 'acquired' by swvc. And,
it's all overloaded with Floorless CD's. Any Real Accountant
would appraise swvc's 'Net Worth' at LESS THAN ZERO DOLLARS.
Second; The swvc fans think their 2.5 Billion Current Floaters
somehow 'own' all of swvc's 'assets' , and none of the loans
and convertibles count, Now or ever. THEY THINK THAT THE
ALREADY READY+WAITING 200 BILLION CONVERSIONS DON'T COUNT.
Real Accountants + Investors + Shorters can only laugh ,
and use the mis-information to make quick + riskless profits.
In a nut-shell; The Float-holders 'own' only 2.5 Billion ,
of the current 202.5+ Billion swvc Fully Diluted common
swvc 'shares'. THAT'S LESS THAN 1.25% of swvc. And, it sinks
further, every time the plan-man prints another CD, to
'acquire' another Friendly/Family always-money-loser.
[ Note : The good news for swvc longs is ; since swvc is
actually 'worth' Less Than Zero Dollars ; 'owning' only 1.25%
is much better than owing 100% of All swvc debts. ]
swvc's SEC Filings are mush longer,,,
And, 100% repetitive, in their proof that
swvc IS NOT A 'GOING CONCERN' , AND NEVER WILL BE.
Every swvc SEC FILING PROVES that the plan-man Only wins,
while ALL swvc common 'share'holders ALWAYS Lose ,
and All swvc shorters can't possibly lose.
And, ONLY swvc LONGS EVER + ALWAYS PAY 100+% FOR ALL swvc
never-ending-expenses, of every always-cash-burning biznuts
that the plan-man ever way-over-buys from himself and/or
Family and/or Any new and/or old best Friend.
By the way, High School Football Season is back.
Last year, the plan-man fumbled into his New COO at half-time,
and made the swvc common 'share'holders [ONLY] pay him
OVER $5,000,000 for the post-game party [+ 'salary' for
continuing to burn cash, and bill swvc from his other
'companies' that he did Not sell to swvc.]
Anyway, shorters don't mind if swvc long fans , and their
averaging-downer lemmings, don't have enough time to read
our very few "posts [that] are too darn long to read dude!
Plus they're a little repetitive!". We understand. They must
work 2-3 jobs, to cover their pinky losses, until they
wizeguyz-up, or not.
But, here's the Bottom-Line :
Every $1 that we shorters collect from pinky scams,
is a $1 that the scam CEO does Not collect from his flock
of longs + averaging downers. And, when the scam goes BK
faster than the plan-man planned, the averaging-downers
save 100% of whatever they could not continue to donate.
P.S. ; Don't bother to mention that swvc is not-quite-pink.
It's Mush Better, because it Files with the SEC, and keeps
Legally Proving that it is worse than pink. Which makes swvc
much more profitable + riskless for All shorters. Especially
the few days before + after any SEC Filing ; And, any R/S ;
And, any Increase in A/S ; And, any PR that admits that swvc
'bought' another 'overlooked' always-cash-burning , Friendly
biznuts , that's pre-over-loaded with Super-Toxic-Debt.
Finally, special thanks to the swvc fans who pretend to own
their own personal biznuts, or ever pretended to 'work' near
any. Although, we do believe that the pawn guy may be doing
good, since unvesting in swvc, and self-pawning lots of
self-financed stuff, to keep averaging-down, as swvc sinks.
If swvc does Not pay the $860k, IN CASH, ON TIME,,,
WF Must/Should/Better Foreclose on Nov 1 , 2008.
Just in time for WF to Dump All Of Hackers Inventory
during the North Country 2008 Holiday Shopping Season.
That will be swvc's Christmas Gift to All Residents
in their permanently-depressed swvc micro-region.
And, the ~600 employees will Not lose their jobs,
because the Hackers Junk Liquidation Garage-Sale Outlets
will remain open, and busier than ever, and keep paying
their rent. Until the Inventory is All Gone, and/or
donated to the homeless. [By Christmas Eve, 2008.]
But, All Hackers execs + managers will be long gone,
because WF will replace them All, with consultants,
who are paid specialists in dumping inventory, ASAP,
FOR A PROFIT.
extra, Sincerely.
P.S. ; We have re-notified the SEC + WF + the FDIC regarding
the Exceptionally Risky WF 'loan' to swvc, as swvc continues
to NOT MEET ANY WF ABSOLUTE MINIMUM REQUIREMENTS, EVER. And,
we have every right to do so, as WF Real-Stock-Holders, and,
U.S. Taxpayers, whose cash pays-off All FDIC give-aways, to
banks that make sub-prime 'loans' to guaranteed BK's. And,
WF just admitted it, by raising swvc's Interest Rate, by 3% ,
and Requiring $860,000 in CASH, FROM swvc, IN 71 DAYS.
While swvc tries to stall All of their other Late Payments,
and swvc burns more cash EVERY DAY , in their 'operations' ,
All of which have Always Burned Cash, and always will.
But, not for much longer. Because, now it looks like the
swvc BK Filing will be November 1, 2008. Unless WF screws-up
again, and delays their over-due + legal foreclosure. Then,
we will just re-re-notify the SEC + WF + the FDIC , and ALL
535 Members of Congress.
Also; Only 13 hours of swvc Trading, until the R/S is late.
And, swvc does Not have to 'notify' Any commoners , because
ALL TOGETHER, THEY ONLY HAVE 1.25% OF ALL OF swvc's 'VOTES'.
But, the R/S is Not even necessary, until swvc sinks below
$0.0001 ; Only an increase in A/S is needed, to allow the
Converters to re-start dumping their 200 Billion newest
common 'shares'. And, for Delaware Corps, the A/S can be
raised any day, with No Notification to Any common swvc
'share'holders.
Finally; we think we figured out why the 2.5 Billion common
swvc 'share'holders may not dump before the R/S. There are
~4000 of them , with an average of 600,000 common swvc
'shares' each, 'worth' less than $0.0002 each, if they all
try to dump before the R/S and/or the A/S Increase.
So, the Average old swvc long would ONLY GET $120 , EACH ,
[ = $0.0002 x 600,000 swvc 'shares'] , Minus Commissions.
And, there would be several commissions, as swvc plunges
while the longs try to bail-out, ASAP, all-together. And,
the average swvc long commoner is already losing ~95% ; so,
he does not even care about 'recovering' less than $90 ,
from his $10,000+ unvestment in the always-sinking seawas
swamp. [Remember, those 4,000 unvesters have already lost
a total of ~$40,000,000 -- That's $10,000 EACH , for just
the 'average' unvester in the swvc plan-man.] And, the
always-averaging-downers + big swvc fans + 'experienced'
pinky flippers + personal 'biz'-owners are probably down
an average of $100,000+ EACH.
By the way, if they really built + owned any successful
'business' , why don't they invest in their own 'business' ,
rather than scam pinky/penny/ponzys? Shorters No Y. Do U?
Anyway, swvc is flat-lined until the A/S is Increased. Either
by itself, and/or with ANY R/S , even a 1-for-2 , because
Massive swvc Dilution will then re-start, IMMEDIATELY.
Mark this post for : " Review On November 2 , 2008 " ,
which is the Sunday after WF does Not get paid $860,000
in CASH, from swvc. It will be too late for All swvc common
'swvc' longs, but it will save time + confusion, while the
shorters cover, and collect their latest 99+% profits.
Some of us are banking-on ~$500k+ , again, from swvc's
plan-man, in less than 10 months. That's even more than
the plan-man removes from swvc, while calling it some kinda
wizeguyz 'loan-repay'. Let's see if the IRS + SEC agree.
We asked them to check on that. Apparently, they are already
checking on many of swvc's 'overlooks'. As swvc keeps Filing
'Corrections' with the SEC. Only 1 more Filing is needed = BK.
swvc commons Only own 1% , NOT 10% ,,,
According to the plan-man's own SEC Filing.
There are 2.5 Billion common swvc 'shares' Floating NOW.
AND MORE THAN 200 BILLION MORE, READY + WAITING TO CONVERT.
So : 2.5 / 200+ = 1.25% , TODAY ,
And much less, when the plan-man prints + trades some more
Convertibles Away , to new Friends + Family , for some
more always-cash-burning + Grossly Overpriced 'companies'.
He's Always done it , and always will , until swvc is BK ,
and the plan-man walks away. Just like KK did to him.
Too Funny, really. But, always nice for shorters.
And, never nice for swvc common 'share'holders.
And, even risky for the 200 Billion Converters ,
who will also be left holding a big bag full of 50% losses.
But, the Converters will 'only' lose ~$10 Million.
The commoners have Already lost ~$40 Million , in just the
last 10 months. And, will probably sink another ~$10 Million
into the seaway swamp, before they can't average-down
any more , due to swvc BK , by Christmas. IOO
extra, Sincerely.
We agree. Except,,,
The odds of "a big deal or a merger" are near zero.
Especially since the latest 10-Q shows that copi is
almost out of cash; and still burning cash fast;
and increasing expenses faster than ever; and looking
for short-term loans at 30++% Interest; and, the copi
execs have already pledged their 'Preferreds' as
collateral.
After the swvc Reverse-Split, the swvc 'symbol' ,,,
will NEVER Trade Again.
So, any old longs who are stuck with any swvc common 'shares'
at 4 pm , This Friday , [in ~23 more Trading Hours] ,
Won't Ever Be Able To Sell ANY old swvc's.
They will have to wait for the Seawas TA to issue the new
post-split common 'shares' , with the new + tradable symbol.
That will probably take a week, because it is perfectly
legal to Not have the new + tradable common 'shares'
'available' when the old symbol dies, permanently.
And, after the 5X R/S , and the 4X A/S Increase ,
[for an 'equivalent' 20X A/S Increase] ,
Massive Conversion + Diluting + Shorting Will Re-Start ,
with No old swvc longs able to sell Anything.
Before they get their new-symbol replacement 'shares' ,
New-Seawas will have crashed at least 50% , with no end
in sight , until New-Seawas sinks below $0.0001 , and
another R/S is required. [Probably within 2-4 weeks.]
The Converters won't be happy, if they have to wait another
month, due to the plan-man's Deliberate Delay 'strategy'.
But, the shorters won't mind. They could just cover All of
their short position, by 'ask-slapping' at $0.0001 , and be
sure to get 'filled' immediately, and collect 100% of their
profits, in Cash. And then, just wait, to re-short more than
twice as much, after the next R/S.
We have never seen any stock that is a more perfect short,
and with a specified date to begin shorting. Even if the
R/S is further delayed. It Will Happen, because it Must.
And when it does, the old longs are locked-out [except for
buying + re-averaging-down], and the Converters will flood
the seaway until the new A/S is maxed-out again, while All
Shorters make maximum + riskless profits, probably within
2 weeks.
extra, Sincerely. And, thanks to the plan-man , and the
'outsider'/insider[?] story-tellers, and their believers,
that keep averaging-down. [They actually have cornvinced
themselves that the plan-man will 'pay them back' , with
personal cash ; even though he does not have to , and never
said that he might , and there is Nothing is Any SEC Filings
to even hint at Any 'hidden' swamps of bio-hazard-waste.]
P.S. ; The next ~23 Trading Hours should be interesting.
And, more interesting as those hours tick off. The old swvc
longs own 2.5 Billion old common 'shares' , that become
worthless in ~23 Hours. So, if they started 2 hours ago,
they would have to dump 100 Million per Trading Hour. If they
keep waiting until Friday, they will have to dump 400 Million
per hour. [Assuming they ever see the graffiti on the seawas
wall, as Filed by the plan-man , with the SEC. And, recently
'corrected' , twice , to 'correct' some more Super-Major
'oversights' , because the SEC Required the plan-man to
change his erroneously reported plans.]
A few numbers : The swvc Converters will Not Stop, until they
are 100% paid back their $10-20 Million in Currently-owed +
Floorless + Super-Toxic Convertible 'Preferreds'. Only old
swvc common longs Must pay Every Penny , And, Anything More
that the plan-man ever 'votes' to print + sign + overlook
in the future, until swvc Files for BK. We expect, if all
goes 'according-to-plan' :
1] The averaging-downers will donate another ~$20 Million ,
which is possible, because they already donated ~$40 Million,
in just the last ~10 months.
2] The Converters will take 75% of the new cash [= ~$15 Mil].
3] The Shorters will take ~25% of the new cash [= ~$5 Mil].
4] We will be ~20-40% of the shorters, earning ~$1-2 Million
of the averaging-downers new contributions, ~risklessly ,
and quickly. Certainly before Christmas, when swvc Files BK.
copi is setting up for another post-pump new-low...
It would take less than 1 million 'shares' of dumping,
to drive copi down to $0.007 , and lower.
If a shorter did it, in sequential lots of ~100k ,
he could down-tick copi by ~$0.001 per trade ,
with the average lot going for less than $0.010 ,
for a total $-volume of less than $10,000
Longs are done averaging-down , because the 10-Q is out,
and copi won't have any meaningful news for 3 more months.
Any shorter could do it all by himself, in 1 day,
for a Quick + Riskless profit, of ~$5,000
Or, any long could do it, by just dumping 1 million
stale copi common 'shares' . Then he could buy them all
back, for less than half-price, right before copi's next
10-Q, if he thought the 10-Q might have any good news.
extra, Sincerely.
By the way, the 'Canadian Deal' is no big deal. Canada has
fewer people, with much less money, and way less business
than just California. And, Canada would much rather give
All Canadian call-blocking business to a Canadian Corp. ,
just to keep their cash In Canada. Although, the Canadian
'elected officials' will probably 'explain' that the
'real reason' is to 'protect Canadian citizens' , and to
'make sure that Canadian DNC Laws are properly enforced'.
Or, whatever else politicians say, just to get re-elected.
Also, regarding any copi 'acquisition' :
copi has no cash + no more credit. They could only possibly
'acquire' another always-cash-burning + debt-overloaded
'company' , on the verge of BK, just like copi. We send
copies of all copi PR's that mention 'acquisitions' ,
directly to the SEC , ASAP. Just in case they think that
those PR's are deliberately deceptive. Any Real Accountant
would probably agree [while LHAO]. However, a few tiny pieces
of copi Could Be Acquired; but the pre-BK garage-sale price
would be so low, that even the 87+% Preferreds could not be
even close to getting 100% paid-back. And, if the Preferreds
don't get 100% + Accrued Interest, ALL COMMON COPI 'SHARE'
HOLDERS GET ABSOLUTELY $zero.
P.S. ; If you [Very Carefully] read copi's reason/excuse for
paying their over-paid 'banker' ; copi admits that the 'job'
includes finding new unvesters with new cash; and, the
'acquisitions' could just be pieces of copi BEING acquired.
That's exactly how we shorters read + understand job#1 of
copi's new 'bankers' , and it exactly explains why they must
be way-over-paid , to get the job done, before it's too late.
To save time for all, a pre-posting copy of this post has
already been sent to the SEC , in case of any unexplained
super-fast evaporation ; and , in case those other 'friends
of the SEC' need their 7+ copies.
We expect, from now on, copi will be 'even more careful than
ever' about what + how they say 'stuff' in any PR's ,
including what they let [or tell] the IR-guys say. And, copi
would probably Not be happy, if copi fans keep making up
stories about how they know that copi might ever make a
profit, since copi itself is now careful to quit predicting
any date when copi might be profitable.
And, the SEC does Not like 'outside' pumpers, who might be
~insiders, for a 'company' that Files with the SEC,
and has already had a pump&dump just a few months ago,
that has quickly cost 100's of U.S. Taxpayers, ~$10,000,000 .
Especially if :
there is a 'pattern' of that same small 'network' of 'fans' ,
All cheering for the same small bunch of similarly-acting,
always-money-losing, pump&dumping, near-BK 'companies' ,
that are all 'brick+mortar' , and All have share-structures
where All common 'share'holders, Combined, own less than 20%
of All 'company' votes + assets [And Never Get To Vote,
On Anything, Ever] , that have cost thousands of U.S.
Taxpayers, $60,000,000+ , in just the last 12 months.
copi could have been profitable, last quarter,,,
if the copi execs had ever learned to cut lavish expenses,
or any expenses. But, why should they care. The Insiders
always own their Never-Dilutable 87+% of All of copi's
'votes + assets' , and Only common 'shares' keep sinking.
There are so many easy ways to cut out nonsense, that will
never help copi make their very first penny, after ~10 years
of Always Losing Money. Here's just a few of the on-going
cash-burning 'decisions' of the copi execs :
Like , re-paying themselves excessive 'deferred' salaries,
and giving themselves $1,000 per Month lease-a-cars,
and over-paying IR-guys to do nothing visible, except
a 1-time mailing of old-info=No-News, to old longs, who
already knew more about copi, months ago. And, some copi
longs received at least 4 COPIES; which, of course, ONLY
copi Common 'share'holders pay for.
And, the copi execs hire over-paid salesmen + 'bankers' ,
who get excessively paid, Before They Do Anything Useful.
Apparently, copi execs don't believe in Incentive-Pay-Only.
Not for themselves, or anyone they hire.
extra, Sincerely.
P.S. ; copi's execs have Very Few Weeks to clean up their
act. Because, when that last 30++% Interest, Short-Term,
Super-Sub-Prime 'loan' is burned, the copi curtain burns down.
Shorters always arrive on R/S day, for the give-away...
And, with swvc, we've Never seen a better set-up.
Because the A/S has been maxed out for several weeks.
But, in 8 days, the Authorized Increases by 20 X .
4X directly (from 2.5 up to 10 Billion) TIMES
Another 5X (because of the 1-for-5 Reverse-Split).
And, there are 200 Billion Converter Shares, Already
On Line, Weeks Ago, [admitted in a recent swvc Filing];
And Stalled by the CEO's illegal delay in raising the
Authorized; Which Is Explicitly Required + Written Into
All Of The Individual Converter Contracts.
They can't be too happy, after illegally having to wait.
Especially since they were in a rush before the wait.
If they can't convert before swvc goes BK, they Never Will,
and they will lose Everything that they loaned to swvc.
Outsider longs expect to lose everything in pinky/ponzys,
buy Insiders, like YA, Never Expect To Lose Any Principal,
Or Any Earned Interest + Fees. If Any Converters get stuck
holding Any Part of their BK'ed bags; they Will find a way
to collect, directly from the 1 guy who made them wait,
too long to dump All, and illegally.
Anyway, in 8 days, when the Authorized is effectively raised
by 20X; The Converters + The Shorters , who are ALL Real
Investors , and have Real Brokers , who know how to jump to
the front of the sell-off line , will start the dumping
party. And, the Brokers + MM's will be ready to handle the
flood, because they will be earning their biggest commissions
ever, from swvc.
Here's what we expect :
1] Assuming swvc closes this Friday at $0.0006 [Now + 5 days],
2] swvc will Reverse + open at $0.0030 the following Monday.
3] No Current Long Shares will be sellable, because the
trading symbol will change, and it will take ~1 week for the
old longs to get their new [+ sellable] shares from the
[usually slow and/or stalling-to-the-last-legal-minute] TA.
4] So, old swvc longs won't be able to sell any 'shares' for
at least 1 week After the R/S + A/S Increase.
5] But, they can always buy more, and keep averaging-down.
6] And, they better buy Big + Quick. To balance the Shorters
and Converters, who will be trying to sell ASAP, until the
A/S is maxed out again, at the New 10 Billion.
7] That's 9.5 Billion Newest common 'shares' , and they will
probably All be dumped within 2 weeks, for an average of
1 Billion per trading day.
8] If the averaging-downers buy fast enough, they might hold
the Reversed-price at $0.0030 on the first Post-Reverse Day.
But, it will cost them $3 Million in new averaging-down cash.
It's possible. They've Already Lost ~$40 Million, in just the
last year, or less.
9] After a few days, they'll get 'the picture' , that they
can't possibly buy the whole 9.5 Billion in Newest Converting
and Shorting common 'shares' . So, the price of swvc will
resume crashing. Probably back down to $0.0003 again, within
2 weeks, when the A/S is re-maxed out at 10 Billion.
10] Then, everyone just waits another month, while the swvc
CEO Files for another R/S. Probably 1-for-10 , with No
Increase in Authorizeds, because the R/S Will Effectively
Raise the Authorized Converter Dumping by 10X Dollars.
extra, Sincerely. We can hardly wait for the 2-week-Long
party [for Shorters + Converters Only], to start. 100%
Fully paid by old swvc longs who keep averaging-down.
In those 2 weeks, longs will be down an additional 90% ;
and much more, if they keep averaging-down.
And, the Converters will have dumped an additional 9.5 Billion
Newest common swvc 'shares' ; probably at an average of
$0.0016 , as swvc crashes from $0.0030 down to $0.0003 in
the time it takes to re-max-out the new A/S. So, that's :
$0.0016 x 9.5 Bil New/Dumped common 'shares' = $15.2 Million
The shorters will probably collect ~20% of that; = ~$3 Million
And, we expect/hope to be ~30% of the Shorter Group.
For, just under $1 Million in Quick + Riskless Extra Profit,
thanks to the never-ending swvc outsider averaging-downers.
And, ~1 month later, there Must be another Converter Party,
because they will only have dumped 9.5 Billion, of the
200 Billion that are Already Ready + Waiting.
That swvc CEO plan-man surely is a genius. Unless he
disappoints the Converters, and becomes a Foreign genius,
or, whatever else those Insiders plan on.
copi has No Cash to 'Acquire' Anything ,,,
except stuff that is over-loaded with Toxic Debt,
and/or always has + will lose money, [like copi],
and/or is closer to BK than even copi.
These Facts are clearly revealed in copi's latest 10-Q ,
and All Previous copi SEC Filings.
copi's latest Filing Proved that their Cash Balance
is Down More Than $500,000 AFTER BORROWING $300,000
JUST LAST QUARTER. SO, copi JUST BURNED $800,000+ CASH.
Here's The [slightly edited] Proof ,
from copi's latest 10-Q , for Q2 Ending 30june2008 :
NET DECREASE IN CASH = ( $ 529,819 )
CASH – beginning of period = $ 921,082
CASH – end of 30june2008 period = $ 391,263
Which Proves, That copi had Only $391,263 Cash Left,
On 30 June 2008 , RIGHT AFTER BURNING $529,819 AND
THE WHOLE $300,000 LOAN, JUST LAST QUARTER.
That's $829,819 IN JUST 3 MONTHS. Which Is $276,606 MONTHLY.
Which Means, by 31 July, copi probably burned another ~$277k,
and was probably Down to $114,657 [= $391,263 - $276,606].
And, $114,657 IS NOT EVEN ENOUGH TO LAST ANOTHER HALF-MONTH,
AND, TODAY, AUGUST IS ALREADY MORE THAN HALF-GONE.
Which means, copi should Now Be Out Of Cash, And ALL GONE.
Some copi fan should call the CEO, just to see if their
phone still rings. The SEC phone still does. We just called.
extra, Sincerely.
Let's see if any copi fan can 'explain' these Facts, that
copi just Filed with the SEC. Other than by 'expecting'
copi to eventually make a profit. [By the way, even copi
no longer 'predicts' any day that it even might start to be
profitable. Maybe their lawyer told them to Quit Doing That.]
[But, their lawyer did Not tell copi to quit including all of
those Facts, that copi IS NOT A GOING CONCERN, in Every SEC
Filing, Past + Present.]
Shorters Never Ignore such OBVIOUS RED FLAGS. Especially
Right Before The copi Cash Balance Goes NEGATIVE. There is
definitely a squeeze happening at copi, and it may not last
too long, but it certainly can't hurt shorts. IOO.
Please put the above Facts in the iBox, just to be
fair to any long, who wants more than 1-sided 'dd'.
copi's 10-Q , which Must be True ,
or Many will sue , disagrees ,
with the longest-term copi faniests.
Just Read It. And All Previous copi Filings.
There is No Doubt that copi is going BK,
unless they re-start dumping new common 'shares' ,
ASAP. And, at least 100% new commons per Quarter.
And, the SEC agrees, too.
Just check our input file.
But, we shorters appreciate, as
the believing longs keep averaging down,
based on the longest copi fans 'advice'.
It's really not that hard to do 'DD' on a 'company'
that burns cash for ~10 years , and can't get any more
'loans' below 30+% , and has just proven, in yesterday's
10-Q , that they are BK Before their next 10-Q.
Even copi's last 30++% INTEREST + SHORT-TERM + VERY LAST
'loan' will never be exceeded by the subbest-prime loaner.
copi had to 'pledge' away All of their 'Preferreds' on their
last super-sub-prime 'loan'. Nobody would ever 'loan' copi
another penny. Except, maybe, the averaging-down longers.
If so, the Quarterly short-term copi shorters will be happy,
Again, just like All Previous copi Quarter-Shorters.
Extra, Sincerely.
P.S. ; Why does copi keep Filing SEC Proof of Continuing
+ Increasing Failure? It's much cheaper + easier to just
be pink, which copi acts like + should be + always was/is.
Maybe longs think its 'worth something'.
But, shorters certainly appreciate the Quarterly Timing.
We agree. copi does Always lose money,,,
for ~10 years, so far.
And, it would be way over-priced if its 'market cap'
was only $2 Million.
But, just the commons , yesterday, were :
$0.0175 x 135 Million commons = $2.3625 Million
But, the common copi's are Always-Dilutably LESS THAN 13% of
the Fully Diluted copi's , BECAUSE THE ABSOLUTELY-NEVER
DILUTABLE + ALWAYS-CONVERTABLE copi "PREFERREDS" CAN NEVER
OWN LESS THAN 87% OF ALL copi VOTES + ASSETS. And, if they
ever want 99+% , they can just 'vote' themselves up, any
day it's 'worth' it, without even telling Any commoners.
But, back to the math.
So, yesterday, the common float was ~$2,362,500
But, that was, AT MOST, ONLY 13% OF THE MARKET CAP.
ACCORDING TO REAL INVESTORS, WHO DON'T PRETEND THAT
CONVERTABLES DON'T COUNT. [T.O. to rotfl.] [Thanks.]
So, the Real Investor Market Cap yesterday, was, At Least :
~$2,362,500 / ~13% = $18,173,076 [T.O. again.] [Thanks again.]
$18 Million current 'market cap' for any always-cash-burning
'company' , with a ~10-year Proven + Filed History of Always
being on the verge of BK , is way-too-funny, by at least 50x.
To 'EARN' a Fully-Diluted Market-Cap of $18 Million, even a
Real + Fully Reporting Company, On A Real Stock Exchange,
Must Have A Multi-Year Proven History Of Earning $1 Million
PER YEAR, IN AFTER-TAX PROFITS, AND GROWING AT LEAST 5-10%
PER YEAR IN AFTER-TAX PROFITS, FOR THE LAST 3-5 YEARS.
And, NOT 92% Rely on Only 1 customer [= VeriSign],
and Only-1 old + no-tech patend, [that's about to end],
and does Not keep hiring more over-paid salesmen, [that
don't sell anything], and IR-guys [that re-print old news,
once per year, and mail multi-copies to stuckees] , and
unvestment-bunkers [who have ZERO CASH to 'acquire' squat].
Still Extra Sincerely. [And, still rotfl.]
See ya'all shortly, in ~ 7 hours. GLTA.
By the way, we read the latest copi Filings. The real + only
'job' of the unvestment-bunkers is to dig up any possible
subber-prime 'loans' , and/or sell-off any possible piece
of copi, before it is All BK. We expect Before Christmas, '08.
Let's see what copi tries to do, in its ~4 remaining months.
happy, copi shorters are day-traders...
And, Today is another happy copi Quarterly day.
We are Never short [or long] on any ~pinkys overnight.
[They are All way to risky, either way.]
And, copi was afraid to File their latest installment
of bad-news 10-Q Proof, until After the EOD, Thursday.
Which we appreciate. Because, we hate to short late
in the day, and have to cover right away.
So, first thing in the morning Today is perfect.
We expect a big sell-off day, with plenty of volume,
for All shorters to jump in [= sell], and with plenty
of more room for the wake-up longs to start bailing,
before copi crashes its usual post-Q 50%.
And, within a very few weeks, copi will have to start
printing + dumping new common 'shares' , ASAP + AFAP.
For another short 50% profit. [Otherwise, no more cash.]
And then, just a few more weeks, until the next 10-Q is
over-due, and even more bad-news Proof, Filed with the SEC.
Really Extra Sincerely.
P.S. :
Why does copi keep burning extra cash + time with those
always-bad-news SEC Filings? They only help the shorters
time their Quarterly play-times. Even pinks know that there
is Absolutely No Reason To Pay Anything, Just To Always File
Bad-News Legal Proof of very-near BK. And, it makes it Much
Harder to print + dump Any new common 'shares' , or get Any
kind of super-sub-prime loan; Especially with NO Collateral,
since the 'Preferreds' Already 'pledged' everything, just to
barely get their Final 30++% Interest, Very-Short-Term 'loan'.
Also, a few Math Facts. copi longs are already down , more
than $10 Million , just since their January'08 pump&dump.
That's More Than an average of $1,500,000 Per Month.
Although the shorters collect most of it within 2 weeks of
every copi Quarterly Filing. Now, we have another copi 10-Q,
that's even way worse than the 'average' , because copi is
Really Out Of Cash, And Any Possible Loans. And, copi Blew
ALL of their Collateral on last Quarter's 30++% 'loans'. But,
we shorters expect that the copi fans will cornvince the
long believers to keep averaging-down, for at least another
$2 Million. And, ~50% should zoom to the day-trader shorters,
at least until copi gets their re-printers re-printing.
GLTA. Today's Games Re-Start In Just A Few More Hours.
And, the 'good' Brokers take + place orders, 24/7 ,
and play golf with the MM's. The last-on-line sellers
will be lining up, at the back of the already-long-line,
starting Now.
Not bad. copi Shorters can profit from that...
Right from copi's latest 10-Q , Filed Today.
***************************************************
NET DECREASE IN CASH________($ 529,819)
CASH – beginning of period________$ 921,082
CASH – end of period______________$ 391,263
***************************************************
Don't forget; copi 'borrowed' $300,000 just last Quarter ,
at 30+% Interest + Fees + 3 Million Free-Give-Away 'shares' ,
from a super-sub-prime 'lender' , AND,
1] Not Only Burned Out The Entire $300,000 New Cash 'Loan' ,
2] But, Also, Burned Out $529,819 ADDITIONAL CASH ,
3] And, copi's 'revenues per call-count' are still dropping ,
4] As they always have , According to Moore's Law ,
5] And, VeriSign owns even More of copi's 'revenues' (~92%) .
And, it explains why the IR-guys can't ever say anything
good about copi's recent 'achievements' , as copi just keeps
burning cash faster + increasing Recurring expenses + hiring
more over-paid ex-salesmen + find-us-an-investur-'bankers' .
The New 10-Q is just more consistent proof of copi's ~10-year
history of trying to not keep burning cash, faster than they
can find newer sub-prime 'lenders' , and/or newer common
'share'holders to keep buying + holding + averaging-down.
Anyway; let's see if a copi fan can spin out of these Facts,
as just Filed by copi, with the SEC, and signed by both of
copi's over-paid 'execs' , who both drive $1,000 per month
leased limo's , Fully-Paid by copi common 'share'holders.
1] copi has ONLY $391,263 CASH LEFT TO BURN
2] Last Quarter copi burned a $300k loan, PLUS $529,819 MORE
3] This Quarter copi will burn up their Final $300k loan
4] And try to burn another $529,819 MORE
5] But, copi ONLY HAD $391,263 CASH LEFT, ON 30 JUNE 2008.
So, by simple math, copi should be BK before the end of Q3 :
Let's check : $391,263 / $529,819 = 73.848% of This Quarter ,
which has 92 days; so : 92 Days x 73.848% = 67.94 Days ,
so : ~68 Days + 30june2008 = 8september2008 = copi BK .
Unless copi can dig-up a 50% Interest, superer-subber-primer
'lender' , and/or , re-start dumping more new common 'shares'.
Let's check the Minimum Required New-'Share' Dump-Rate,
if copi can't dig-up any more superer-subber-prime 'lenders'.
Well, Last Quarter copi burned the $300k 'loan' , PLUS
$529,819 MORE, in Just 91 Calendar Days, which had Only ~67
Trading Days Available For New copi Common 'share' dumping.
So, copi must dump : $829,819 in New commons,
every 67 Trading Days = $12,385 per Trading Day
And, at copi's current [+ sinking] price of ~$0.0175 ,
that's : $12,385 / $0.0175 = OVER 700,000 Brand New copi
common 'shares' that Must be printed + dumped, every single
Trading Day ; assuming that the re-newed massive dilution
does Not cause the price of copi commons to crash.
But, that's Not a good assumption ; because, in just the
first delay-BK Quarter, copi will have to dump :
707,714 common 'shares' x 67 Trading Days = 47,416,856
Brand New copi Common 'shares' ; which is :
47,416,856 / ~133 Million = 35.6% Dilution per Quarter ,
which is 1.3565x1.3565x1.3565x1.3565 = ~3.386x Dilution,
compounded yearly. So, the copi common price Must Drop :
2.386 / 3.386 = 70+% per year,
JUST FROM NEW 'SHARE' DUMPING,
to try to delay BK.
There's MUCH MORE, but, that's enough for now,
considering the expected lifetime of copi.
super-Extra Sincerely. And, the above is Not Opinions.
It's just simple Math, Totally Based on the FACTS in
copi's own 10-Q's , Filed with the SEC, and signed by
both of copi's over-paid + limo-leasing 'execs'.
By the way, we hope that the new copi super-salesmen,
and cash-searching-bankers get free cars. Assuming that
they ever leave the 'office' to start trying to do whatever
they have not done yet. [We all love new ~pinky stories.]
[Especially when they have to ~explain Quarterly SEC Filings.]
The swvc long fans may have been correct...
The R/S may now be cancelled.
Along with any change in the A/S.
And, the 10-Q won't even need to be Filed,
if the BK is Filed within the next 2 weeks.
The only questions are :
1] How long until swvc drops below $0.0001 ?
2] When will swvc cease trading ?
3] Will the shorters short ahead of the longs dumping ?
4] Who will buy anything, as longs + shorts sell everything ?
extra, Sincerely.
Also, we think those 'T-trades' were just MM's ,
cleaning up their books, and 'paying off' whatever
they internally owed each other. They could do it
at any 'mutually agreed' price; so, slightly above
'market' might look believable; and make it easier
to unload all of their personal 'inventory' before
swvc quits trading.
Just opinions, of course. Just like yesterday.
GL Today. The last round for swvc starts in ~1 hour.
Who knows how long it will last. But, there are probably
1+ Billion sell orders already lined up, pre-market.
Let's see how long it takes for the first trade to be
reported. [If ever.]
Not Quite. Our read is that swvc is Now BK...
They 'overlooked' some more stuff, and
'accidentally' overpaid $9 Million for junk ,
[using Only common 'share'holder cash] ,
and now swvc 'somehow' Must pay it back.
But, we doubt that even a Cornell-Type would loan
swvc Any More Cash, under Any 'terms'.
There is 1 'silver-lining' .
The wizeguyz overpayment is still sitting in the
wizeguyz 'Family CD' ; so, that could be cancelled,
and The Scazzy Siblings will get $zero , and never be able
to convert. It's only fair, because wizeguyz was always
'worth' less than $zero anyway. And, the plan-man proved
it, by closing them All. And, they were All sitting in
rental units.
But, that's only about $2 Million [or much less] ; so ,
there is $7 Million more to dig up. Part will come from
the new COO , having to take back some of his NCH junk ,
and cancel some of his Convertibles, and [maybe] be forced
to take back some of the debt that he tried to off-load
into swvc. But, if he does Not pay, All + Now, swvc will
still be liable, IOO.
Looks like the plan-man did not quite get away with
overlooking all the bad stuff. Just like the long swvc fans.
extra, Sincerely.
By the way. We don't expect any more Filings, except the BK.
copi is Down 80+% since January ,,,
for "common sence" reasons, which we clearly explained, like,
1] always burning cash for ~10 years
2] can't get a loan for "some what" less than 30% Interest
3] and it's short-term, with All Preferreds as collateral
4] and the Preferreds own an UNdilutable 87+% of copi
5] and they can 'vote' themselves over 99% , any day
6] and their 'product' price is controlled by Moore's Law
7] and copi does Not have "to valuable of a product"
8] and copi's "patend" is old-tech, and about to end
9] and VeriSign controls 90% + can squeeze copi away any day
And, "knowone" of the copi fans, or their averaging-down
believers seems to care. Which is just fine, for us shorters.
If copi is bought out [soon, before they run out of cash,
and go BK] , NO COMMON copi 'SHARE'HOLDER WILL GET 1 PENNY,
because, ALL OF THE PREFERREDS MUST BE 100% PAID-OFF FIRST.
And, the sell-out price will be super-low, because the copi
execs will get a side-deal, where they are over-paid by the
buyer, for pretending to work for them for ~1 year.
It's very basic. copi always burns cash + is running out fast
+ can't get any moore super-sub-prime loans + can't even sell
any super-Toxic-Floorless Convertibles.
But, we do almost agree on this :
" no company is going to go down with prices to the point
where they aren't making a profit eventually "
But, 'eventually' started ~10 years ago, for copi.
copi has already used up 'soon' + 'shortly' , and is NOW
on the verge of BK, if it can't dig up more cash, ASAP.
We guess that copi's Only Choice is Massive Dilution ,
by printing + dumping loads of new common 'shares' .
Which, of course, WILL NEVER REDUCE THE 87+% OWNERSHIP
OF THE NEVER-DILUTABLE "PREFERREDS".
The handwriting is everywhere, and moore will be printed
in the next 10-Q , as it always has been, in All Previous
SEC Filings, all signed by copi's over-paid execs.
extra, Sincerely.
P.S. ;
We shorters love the foolish sounds of constant profits,
ringing up in our accounts, as we average-down, shortly,
after each copi 10-Q. And then cover, and safely watch,
and wait for the next 10-Q. It's hard to miss, with Any
'company' that's Always on the verge of BK, and always
burning cash, and can't get a loan, and is already Down
more than 80% , in just the last 7 months. "Trust me."
Or just keep longing, and averaging-down, along with the
other copi fans.
By the way; the shorters will be all over copi if/when
copi's next 10-Q is late, and/or proves more cash-burning.
Let's see what happens next.
It has always happened previously.
Just check the previous price drops in copi,
after each copi SEC Filing of the 'disappointing' Facts.
[We still can't figure out why copi wastes Any Time + Cash
with their always-bad-news SEC Filings. Most pinks just use
much-cheaper PR's to dump new 'shares' , to make up for
never-ending cash-burning.]
copi 'revenues' are meaningless, because of ,,,
the huge VeriSign rake-off,
BEFORE ANY CASH GETS TO copi.
And, VeriSign gets that rake-off from
~90% of All copi 'revenues' .
And, copi's Totally Computerized 'service' Must Always
fight against Moore's Law , which is constantly driving
down the 'price per call-count' Down 50%, Every 18 months.
Just to keep Gross Revenues Constant, copi Must Double
their Fully-Paid Call-Counts , every 18 Months. Which is :
an increase of 58.8% , compounded yearly , or
an increase of 12.26% , compounded quarterly , or
an increase of 3.93% , compounded monthly.
Even copi's new + over-paid MicroSoft salesman can't do that,
and never did, and MicroSoft never got close to that growth.
AND, THAT IS THE MINIMUM GROWTH IN CALL-COUNTS REQUIRED,
JUST TO HAVE ZERO GROWTH IN REVENUES, BEFORE THE VERISIGN
RAKE-OFF.
But, that's just the Moore's Law problem. [Which is moore
than enough to sick copi, all by itself.] But, let's go on.
Now, the Real Meaningful Number for copi 'revenues' is
what they collect from VeriSign, AFTER VERISIGN'S RAKE-OFF.
Hopefully, VeriSign will cut their charge per call-count
as fast as the drop in customer cost per call-count. If not,
copi's 'revenues' get squeezed from 2 massive sides; which
we expect Will Happen. It may be possible to see the trend
by very-carefully analyzing the last few 10-Q's + 10-K's ,
as we already did. Let's see if the copi fans can find it,
and admit it, if they find it.
So far, they don't even admit that the "6 Billion Call-Counts"
EVAPORATED, UNPAID.
Moving on : there is the not-hard-to-find problem of the
constant huge growth in copi Cash Expenses. And, it does
Not Matter if they keep calling them 'non-recurring' ,
because, every Quarter, there is Always A Bigger Pile Of
'non-recurring' Stuff. AND, a much bigger pile of Certainly
Recurring Stuff, Like new + over-paid salesmen, and 'bankers',
and IR guys, and raises + bonuses + options for All.
extra, Sincerely.
P.S. ; Back to basics. copi's Very-Top-Line-Sales are a
Deliberately Deceptive Measure of copi's ability to avoid BK.
It is just like a bank reporting 'Total Deposits' as if they
were profits, even though most of their sub-prime loans are
massive losers. Or, a manufacturer ignoring the costs he must
pay for raw materials. But, it's all OK for copi fans, who
just keep averaging-down; because those are the Real Facts,
that only shorters care about.
There is a 90+% chance that wnbd will be ,,,,
down 90+% within 1 year; Because, IT'S PINK,
AND FOREIGN, AND HAS A HIDDEN SHARE STRUCTURE,
And, has always burned cash, And even admits that cash will
just keep burning until wnbd's sales Increase More Than 27X,
according to wnbd's optimistic/fairy-tale 'projections'.
It is even Guaranteed that the 1 'Preferred' guy owns
a NEVER DILUTABLE 51+% OF ALL wnbd votes + assets.
Probably over 80+% Today, like Most pinkys. And, if
wnbd accidentally 'gets lucky' , or is ever 'sold' ,
the 1 'Preferred' guy can + will just 'vote' himself
all the way up to 99+% , overnight, any night,
without even telling any common 'share'holder.
ALL pinks lose 90% per year. If they weren't sure to lose,
they would Not have to Start + STAY pink. Because, they
could get Real Investors to put up Real Cash, after they
look at some Real Financial Info + Real Business Plans,
and get Real Quarterly Updates, and verify that 1 Preferred
Guy NEVER HAS + COULD NEVER GET MORE THAN 50% UNDILUTABLE
OWNERSHIP, WITH THE ABILITY TO RAISE IT, ANYTIME,
ALL BY HIMSELF.
ALL of that MINIMUM Required info IS AVAILABLE AT wnbd.
wnbd JUST CHOOSES TO ALWAYS HIDE IT ALL.
And, REAL INVESTORS + SHORTERS KNOW EXACTLY WHY.
And, since the 1-and-only wnbd pump ,
we have been 100% correct, [= profiting on every round-turn] ,
while the averaging-down pink longs are Down ,
an average of 75%.
Finally, any pink outsider who 'has confidence' that their
favorite Always-Fact-Hiding pinky will Ever go up even 5X ,
has done No Meaningful + Real "DD" . Which does NOT Include
Reading ANY PR's [which are unverifiable + deliberately
deceptive], or Any 'analyses' by pink fans [some of whom
even admit to having Inside Info]. If the info was Real,
and Good, they would just buy Preferred Shares, and Never
Post Anywhere, because it's illegal.
extra, Sincerely.
P.S. ; We shorters are betting that wnbd will be under
$0.0010 within 1 year; And, Never hit a dime, without a
Huge Reverse-Split; which it will need , within 1 year,
if it's not already BK and/or sold, probably to 'Sure-fil'.
P.S.S. ; Try to find out who, Exactly, owns 'Sure-fil'.
Then you will know the 'Future' of wnbd, and the only-1
guy who might get away with more than $zero.
Meanwhile, wnbd is Only good for flipping. And, it's much
harder for long flippers, because they must have very 'lucky'
timing, to beat the 90% per year Down-Trend. But, for
short-term flipping shorters, Exactly the opposite is true,
because the trend is our friend. Especially when wnbd has
to re-start dumping new 'shares' , to make up for its
constant cash-burning. When the PR-suds-machine cranks up,
that's a great tip-off. Especially with a gagged TA.
Two PR's within two days ,,,
After Only 2 PR's in the Previous 2 Months.
And, the volume picks up nicely, which is exactly
what is needed, to wash another load of new 'shares'.
Let's see if the PR Sprayer stays in High-Suds mode,
and the volume stays way above the recent average,
ignoring the drop in 'share' price, of course.
We all know, that Phase #1 is not nearly done, and
somebody has to pay for all of these cash-burning sales.
Otherwise, we'll Never get through Phase 1 + 2 + 3 ,
and half-way through Phase #4 , where dilution is
'projected' to maybe end, sometime, sooner or later.
The 'comedy' is from wnbd's own website ,,,
which was just 'up-dated' , 15july2008.
Here's the funniest stuff, just posted last week :
*******************************************
Posted by: extra
Date: Tuesday, August 05, 2008 9:57:21 AM
In reply to: crashman who wrote msg# 41022
Post # of 41486
'Updated July 15' on wnbd's website ...
" WBC has designed its business plan to pass through 6 Phases; Initial Operations Phase (Annual Sales less than $1 Million), Implementation Phase (Annual Sales of $1 Million to $3 Million), Growth Phase (Annual Sales of $3 Million to $5 Million), Self-Sustaining Phase (Sales between $5-50 Million), Established Phase (Sales between $50 Million and $100 Million), World Phase (Sales over $100 Million). "
" In 2006/7, Winning Brands was in the Initial Operations Phase. The Initial Operations Phase is characterized my more research and production of samples than sales and more testing than actual distribution. In general terms, this can be thought of as the phase during which the starting foundation is laid for the subsequent phases. It is expected to come to an end within 2008. The Initial Operations Phase was not expected to be a profitable phase. Operational developments of a material nature during the Initial Operations Phase were disclosed by means of News Releases. The Implementation Phase for WBC is targeted to commence during 2008. "
THE LAST SENTENCE ABOVE IS THE MOST REVEALING.
" The Implementation Phase for WBC is
TARGETED to COMMENCE during 2008. "
WELL, LOOKS LIKE NOT QUITE YET.
Because, the CEO has said nothing about that 'targeted'
wnbd accomplishment. That would be kinda important news,
that the CEO SHOULD MENTION, if it ever happens.
SO, wnbd MUST STILL BE IN ITS VERY FIRST 'PHASE' ,
[of 6 'phases'], WHICH IT NAMED :
" Initial Operations Phase
(Annual Sales less than $1 Million) "
AND, wnbd ADMITS THAT :
" The Initial Operations Phase was not expected
to be a profitable phase. "
And, it certainly wasn't. And, wnbd is STILL IN IT'S
UNPROFITABLE "Initial Operations Phase".
And, the Last Half of 2008 is already 20% Done.
By the way, the next 'phase' , which wnbd named the :
" Implementation Phase (Annual Sales
of $1 Million to $3 Million) "
Won't be profitable either. The wnbd CEO never said
that it would or might be profitable.
In fact, even 'phase 3' won't be profitable,
which wnbd named :
" Growth Phase (Annual Sales of $3 Million to $5 Million) "
SO, THE VERY FIRST 'phase' THAT HAS ANY CHANCE TO BE
NOT BURNING CASH, ~HALF WAY THROUGH, IS 'phase' #4 :
" Self-Sustaining Phase (Sales between $5-50 Million) "
In other words, wnbd will be burning cash,
constantly, for a very long time.
It's still in its First Phase, WITH SALES UNDER $1 M PER YEAR.
And, wnbd's CEO even admits that it must keep burning cash
until its Annual Sales are ~$27.5 Million, [which is half-way
through the $5-50 Million "Self-Sustaining Phase"].
It's kinda difficult to increase Annual Sales from
Under $1 Million per year, to Over $27 Million per year.
It's gonna take a lotta newer cash, just to make up for
all of the cash that's burning, as wnbd tries to grow up,
to the point where it is 'cash-flow-neutral' ; And ,
no doubt, completely over-loaded with debts + loans,
which Must be paid off, before Any common 'share'holder
gets Any pay-off.
extra, Sincerely.
P.S. ; How come none of the above "DD" is in the iBox,
or ever 'discussed' by any wnbd fans. Especially, since
it actually IS ON wnbd's OWN CORPORATE WEBSITE, which was
just 'updated' on July 15, 2008. And, it's the closest
thing to Reporting Sales + Financial Facts , that wnbd
ever does. It seems like the longs don't care about those
kinds of Facts; unlike the shorters, who do care about
profits, Corporate + Personal.
*************************************************
That's about it. AND ALL POSTED + JUST UP-DATED,
ON wnbd's OWN TOTALLY UNVERIFIABLE FLUFF PR WEBSITE.
We shorters sometimes can find it useful. And, it's :
" Sure a lot of misinformation for someone that isn't
interested in the Truth about wnbd's pink stock. "
But, we do agree that :
" This stuff is so deliberately + deceptively inaccurate
its comical... " [And, probably untouchable, legally.]
[With absolutely $zero of seizable sizable assets in the U.S.]
But, for the shorters, it's comical,
and, it's even quickly + risklessly profitable,
right after every stalled pump.
Please try to get the wnbd fans to get it up to 2 cents-worth.
extra, Sincerely.
If this is "IT" for August ,,,
the next chance for the "National News"
is another 3 Months Downstream = Mid November,
according to the wnbd fans, who pretend to 'know'
how retail buyers 'schedule' new products. And, if
wnbd 'misses a window' , they Must Wait At Least
3 More Months. THAT'S HOW THEY GOT THE OLD LONGS
TO WAIT THE LAST 3 MONTHS, WHEN THE wnbd FLUFF PR'ed
"National Account" was LOST, last April, after being
fluff-pumped for months, by the wnbd execs. [T.O. to ROTFL.]
And, it looks like today's pump is already over.
Even the long fans aren't buying it. The 'shares' , that is.
Although, they are trying to pretend that they are buying
today's wnbd Fluff PR. [But Not with much new cash.]
Only about 1 Million 'shares' were bought after today's
"Big Deal News" , at an average of ~$0.011 . That's just an
$11,000 pump. And the longs already look like they are
out of new cash, to buy more new common 'shares'.
[Remember, pinks, like wnbd, often forget to mention when
they re-start dumping their newest 'shares' , until it is
way too late. That's why they are NON-REPORTING PINKYS.]
$11,000 is less than 1% of the current 'value' of ALL wnbd
common 'shares' . After the average wnbd long already lost
~80% since the big wnbd pump up to $0.05+ , just 6 months ago.
So, for every $1,000 they had unvested just 6 months ago,
they could not even dig up another $2 , to support today's
wnbd Fluff PR. [Maybe the longs are finally wizing up,
and giving up, on constantly re-averaging down.]
By the way, in today's Fluff PR, wnbd re-admitted that they
ARE STILL STUCK IN "PHASE 1" . And, still trying to grow.
While losing money every future day, as they always have,
every past day. So, wnbd will need to keep replacing the
constantly leaking cash. [= more long-term, massive dilution]
Also, wnbd's 'first peek' at any 'numbers' was pretty weak.
wnbd's 'goal' is only 1,800,000 bottles of sales per year,
and that's just a projection, and that's many months away,
at least. When/if wnbd ever sells 1,800,000 bottles per year,
that's Only $1,000,000 in Total wnbd sales; according to
wnbd's own "6 Phase Plan", because it is Only the End of
Phase #1. And, Losses Are Projected To Continue Until The
Middle of Phase #4 , when annual sales start averaging
~$27+ Million per year. [Did anyone notice that wnbd ONLY
GETS $1 Million, for every 1.8 Million Bottles sold, retail;
That's only 55 cents each, And, IT'S JUST 'REVENUE' , AND
NOT AT ALL PROFIT. And, IT'S ONLY A IN A TOTALLY UNVERIFIABLE
PINKY FLUFF PR 'PROJECTION' .] [T.O. again, to ROTFL.]
Since we have so few 'numbers' to work with, and they are
All Fluff PR 'projections' anyway, let's try to use all of
the made-up 'data' , from the Totally UNverifiable wnbd
Fluff PR 'projections' .
By wnbd's own admission, they will keep burning cash,
until their annual sales are ~$27+ Million [in the middle
of wnbd's 'planned' Phase #4] ; and wnbd admits that they are
LESS THAN $1,000,000 ANNUALLY NOW, AFTER 1+ YEAR OF TRYING.
So, it will be many years before wnbd ever has a profit,
and quits burning cash. If wnbd Doubles its sales, every
year, for 4 years, they will still be less than $16 Million,
and still burning new cash [= new common 'shares], faster
than ever before.
Let's guess what wnbd must be burning Now. Which wnbd
MUST keep replacing, NOW, by selling More New 'Shares' ,
ONLY to commoners; if the 'Preferred' 80+% Owner-guy quits
dumping in his personal cash. And when he does, he will
surely raise his 80+% current 'ownership' of ALL wnbd
current + future 'votes + assets'. He's the Only 'voter' ,
forever; so he can 'vote' himself as much as he ever wants,
any day, all by himself, without ever telling anybody, like
he Never has. But, there's no rush; unless wnbd is ever
accidentally 'worth' something, or gets sold to anyone.
[Our guess is that wnbd will be 'sold' to 'Sure-fill' ,
and no wnbd common 'share'holder will ever get 1 penny.]
Well, wnbd 'projects' that they will quit losing money
at ~$27+ Million in Gross Sales per year. And, their ~$10
Retail bottles must be sold for ~$3 to the Retailer. So,
they must be sold to the Distributors/Wholesalers for ~$2.40 ,
And, there's shipping costs from the factory, to every
distributor, and then re-shipped again to every retailer.
And, shipping + handling can't be cheap, because those
dented [+ leaking?] plastic bottles weigh over 1 pound each.
And, let's Not Forget that wnbd Actually Makes NOTHING;
because 'Sure-fill' Makes EVERYTHING; and 'Sure-fill' MUST
SURELY BE MAKING A PROFIT RIGHT NOW; OTHERWISE, THEY SURELY
WOULD NOT BE FILLING + SHIPPING ANYTHING NOW, OR EVER.
We could go on, and show that wnbd will Never Make A Profit,
and Must Keep Selling New Common 'Shares' , forever. Which,
does not make any sense; Except, it is 100% Normal, for 95+%
of All pinks. Non-Reporting Pinks are Only 'set-up' to
collect common cash, by printing newer common 'shares' ,
and printing PR's , as cheering food for 'apparently-outsider'
fans; a few of whom are usually paid/Insider boilermakers.
Bottom-Line : Our 'opinion' is that 'Sure-fill' is Already
making a profit, and Always Will. And, wnbd will Never make
a 'Reported' profit, and will print&dump more newer 'shares'
as long as longs keep averaging-down, like All pinks. And,
it all makes 'cents' if you 'follow the money'. We shorters
already did. Just try to find out : "Who keeps the profits" ,
that ONLY Go To 'Sure-fill' ; Now, and Forever ; until wnbd
can't sell any more newer + always diluting common 'shares' ?
extra, Sincerely.
P.S. ; ALL Pinks [and most pennys] 'operate' exactly this way.
That's the only reason why they Are 'set-up' pink, and always
hide All important info. And the U.S. SEC always says to
Never Unvest Long In Any Pink. Especially if they are Not
U.S. 'companies' , with no seizable [or sizable] 'assets' in
the U.S. , including the personal foreign stuff of their
exec's. And, the worse it looks for longs, the less the risk
and the bigger + quicker the profits for All shorters.
That's why we keep watching, and shorting after every 100+%
short-term pump. But, Only after the pump peaks, and drops
20%, just to be safe. And, we Always cover within 3 days,
usually within 1 day. It's not 'safe' to be in any pink
overnight; especially for longs, but even for shorters.
If the dump-after-the-100+%-pump continues for more than 1
day, we just re-short + re-cover every day, until it's back
down to 20% above where the pump started. It usually takes
2-4 weeks, and the daily short&cover commissions are
'no-problem' , because, every time we cover, we collect 100%
of our daily profits, and can usually re-short ~10-50% more
'shares' , first thing, the very next morning.
Good trading clients, with good Brokers usually are first to
complete their moves. Right behind the pink 'company' that is
trying to dump piles of their newest 'shares'. Because, the
MM's buy them at ~10-25% 'discount' , so they move-out first.
GLTA + Let's see if the 'August Pump' turns into just another
dump. We all hope wnbd goes a little higher. But, it's ALL
Up to the wnbd long fans to keep buying more common 'shares'
faster than ever. If they can drag wnbd up to $0.02 , we may
consider re-shorting it back down to $0.01 , Otherwise,
we'll All just watch, and hope for some more wnbd Fluff PR's.
Maybe by Thanksgiving, if the longs can keep averaging-down,
much faster.
NO ONE FROM swvc OWNS ANY COMMON SHARES ,,,
and, ABSOLUTELY NOT BECAUSE :
" they all know of toms plans and can not buy any. "
We know of NO REAL COMPANY, WHERE ABSOLUTELY EVERY
OFFICER + DIRECTOR OWNS ZERO COMMON SHARES.
Typically, they own 1-10% of the common float, and,
there are NEVER ANY UNDILUTABLE CONVERTABLES ,
OR UNDILUTABLE PREFERREDS, OR INTEREST-PAYING CONVERTABLES ,
OR INTEREST PAYING CONVERTABLE PREFERREDS, that can
ONLY BE OWNED BY INSIDERS, while ALL COMMONERS ARE
DILUTED 1,000% PER YEAR, AND LOSE 99% IN 10 MONTHS.
The 'share-structure' of swvc is Truly Ground-Breaking,
thanks to the genius of the plan-man. And, so far,
it has paid-off perfectly for the plan-man, and his
family, and new friends, and ALL Shorters. While the
averaging-down longs just keep contributing, and making
up stories about secret gifts that will float into swvc,
WITHOUT EVER BEING MENTIONED IN ANY swvc SEC FILING.
extra, Sincerely.
P.S. ; The swvc CEO is walking a may-not-be-legal
tightrope. As he relieves swvc longs of $4 Million
per Month, for the last 10 months. And, they still
want to keep averaging-down. [T.O. for rotfl.] [Thanks]
We will be surprised if he is not rock-breaking,
very shortly after swvc goes BK, before 2009.
And, we, and 4,000 others will be helping start
the new career path, with the bubba's, who also
know how to trade stock, and drop soap.
We don't think it's really possible for 4,000 longs to lose
$40,000,000 , in just a 10-month scam , and maybe contribute
another $12,000,000 , in just the next few months , and Not
find a lawyer that will drag the plan-man to a new home, for
the permanently + publicly shower-worthy. Where new best
friends pop-in frequently, without any warning, just by luck.
Kinda like how the plan-man ran into [or got run over by]
the No.Country guy, at a 'lucky' local football practice.
We will certainly do anything possible, to help them become
permanent team-mates + room-mates + group/grope shower-mates,
at Team Leavenworth.
GLTA, and Go swvc, especially the shower-worthiest.
Shorting swvc has Always been Legal,,,
although sometimes not easy in the U.S. ,
with less than $500k of Real + 'Safe' Stocks + Bonds,
and 'Safe' Mutual Funds + Money Markets + Cash ,
in a 'linked' Margin Account, with the shorting Broker.
Only $100k of linked + safe collateral is all that is
needed in most of the rest of the world, including
Canada, The Caribbean, Europe, Asia, etc.
And, the SEC Never even thought that shorting was 'bad'.
In fact, they recently completed a long-term study, that
proved that their 70-year-old "UPtick Rule" was an
unnecessary annoyance to shorters, and actually damaged
the liquidity of otherwise-free-trading stock markets;
so, they cancelled that silly rule, just last year. And,
ever since, shorters can 'down-tick' diluting scams
sequentially down to below $0.0001 , without bothering
to get a 'friend' to sneak in an uptick.
Just imagine if there was a "DOWNtick Rule" , that prevented
longs from buying sequentially, while their stock was
rising fast. But, they would have to wait, for a 'friend'
to sneak in a flake of down-tick paint. Well, the "UPtick
Rule" was just that silly, but in reverse.
So, the SEC actually Likes Shorters, because they improve
the 'Free Market' ; and, the SEC just made shorting of All
stocks Much Easier, just 1 year ago. Besides, the SEC does
Not Care At All About Any milli-penny stuff, like swvc, that
crashes 90+% per year, and dilutes 1,000+% per year, and
Reverse-Splits when it sinks below $0.0009 .
extra, Sincerely.
By the way, All stock trading began with Shorting, ONLY.
And, it made U.S. Agriculture prosper, by allowing small
farmers to short-sell their future crops, and the get cash,
to buy the seeds + hire the workers, to plant + harvest the
Future Crops. And, they still trade 'Futures' + 'Options' ,
and even Options On Futures, Worldwide. And, the $-Volume is
Much Larger Than All Stock Trading, Worldwide. So, actually,
the longs are the real 'immoral' ones. They hope to get rich
quick, while doing no productive work. Also, ~5% of ALL
Stock Trades, Every Day, are shorts. And, another ~5% are
the shorts, covering. We're here to stay, and got here first.
And, the SEC is now our newest best friend.
We really can't figure out why so many pinky/penny/ponzy
longs spend so many hours trading unverifiable fan-mail
and deliberately deceptive 'PR' stories , and call it 'dd' ,
and lose 90% of everything unvested, every year; according
to another long-term SEC study. It only took us a few hours
of Real + Useful + Factual 'DD' , to figure out how to short
anything that ever 'trades' . And, a few more hours to find
the most useful Brokers. And, 2 weeks , part-time, during a
Caribbean Cruise, to 'tour' dozens of Brokers, in 6 safe
and charming ports, and open 3 different 'shorting' accounts,
with 3 Totally Safe Brokers, All owned by Huge Multi-National
Corporations, even Including 1 based in the U.S.
But, we don't mind if longs think we're full-of-it.
Because, if too many longs figure it out, our accounts
would not be nearly as full-of-new-cash that the pinky
longs keep unvesting, while congratulating each other,
as they keep averaging-down, as long as possible. Which
ends, when their favorite pink goes BK. Until a new 'friend'
leads them to the next pre-BK hot-pink; or, they wize up.
Directly from the swvc SEC Filing...
Seaway Valley Capital Corp - Proxy Statement
- Other Information (preliminary) (PRE 14C)
Date : 07/25/2008 @ 4:28PM
Source : Edgar (US Regulatory)
Total Potential Conversion 200,445,844,872
That's It. OVER 200 BILLION MORE, ALREADY WAITING.
And, TOTALLY ADMITTED + FILED WITH THE SEC , by the
plan-man. Because, he MUST PLAN ON IT. And, he must
already be 'planning' the next Reversi; because 'only'
9.5 BILLION New common 'shares' can be dumped starting
25aug. We estimate that the new A/S will be maxed-out
within 2 weeks; followed by another R/S , and/or another
increase in A/S. And, they will be much bigger; because
the waiting converters will be much madder. And, much
closer to running out of time, before the Christmas Party.
AND, TWICE AS MANY, IF swvc crashes 'only' to $0.0010
Right after the 1-for-5 Reverse-Split , And, holds at $0.0010
while ALL 400+ BILLION NEW COMMON swvc 'SHARES' ARE CONVERTED
+ DUMPED. [NO Chance, keep reading below.]
But, right after the R/S , there will 'only' be 500 Million
swvc common 'shares'. So, THEY WILL INCREASE, BY AT LEAST
A FACTOR OF 800 X . WHICH WILL CRASH THE PRICE BY AN AVERAGE
OF 400 X , AS THE NEW 'SHARES' TRY TO DUMP. But, THEY ARE
ALL FLOORLESS. SO, they MUST GROW. All the way UP + UP , to :
~400 X 200,445,844,872 = ~ 80 TRILLION NEW swvc 'SHARES'
We shorters can hardly wait for the R/S Party to start,
as planned, on August 25 , 2008 [which is a Monday].
Which means , Friday , August 22 is the last safe day for
All longs to escape. [That's only 10 Trading Days Away.]
Shorters will be OK to re-start their short-term shorting
as the market opens on Monday, 25aug. And, the converters
can also re-start dumping. BUT, ALL LONGS WILL BE TRAPPED,
BECAUSE THEIR CURRENT swvc 'SHARES' CAN'T EVER BE SOLD,
AFTER THE 'swvc' SYMBOL DIES, FOREVER. Then, they MUST WAIT,
until the swvc TA Issues the New 'Shares' with the New Symbol
that could be sold. It usually takes ~1 week. And, by then,
whatever swvc reverses into will already have crashed another
50-90% , For 2 Big Reasons :
1] All stocks crash after a Reverse-Split. And, much bigger,
2] 'swvc' has AT LEAST 200 BILLION CONVERTERS,
already waiting on line, and tired of waiting for a month,
and less than 4 months to Dump ALL, before swvc's BK party.
But, longs who want to keep averaging-down, will have no
problem, because they will be buying the New + Fully Tradable
'shares' , that will have the New Symbol. And, we shorters
hope they are saving up to do just that; because, those
'New Symbol' shares are the ONLY ones that the shorters will
be able to short, naked or not. Retail shorters don't care if
they are naked, and we don't even ever know; it's the Broker's
job to 'borrow' the shorted 'shares' within 3 trading days.
In our case, it never matters, because we Always Cover Within
3 Days. Usually within 1 day. And then, re-short twice as many
'shares' , after collecting our profits from our previous
day-traded short&cover. [So, we are VERY RARELY SHORT AFTER
THE MARKET CLOSES. Only if we can't cover, (usually after 3pm)
usually due to trading suspension and/or BK. BK is our
favorite, because we get paid quickly, and 100% profit, and
don't even pay a commission to cover. The only 'problem' is
that we must move-on to the next best almost-BK massive
diluter. But, there are always many, as shown in our profile.]
extra, Sincerely.
P.S. ; We love that agri-bio-hazard 'story'. It's over-loaded
with even More Toxic-Floorless Debt than swvc ever had. And,
of course, it has always lost money, and never even had any
revenues, but always a crashing 'price'. It's obviously NOT
'owned' by swvc; but, maybe/partially by the plan-man, either
personally, or in some other planny way. We would not be
surprised if he 'gave' all of the 'bad-parts' to swvc, and
called it another planned acquisition. Just like the planned
acquisitions of the $20 Million Super-Toxic original swvc
shell+smell, and the already-BK-wizeguyz, and the NCH stuff.
[ We will soon see what was hidden in that one, with/by the
new COO; who Did NOT Sell the parts that now send monthly
bills to swvc, for useless 'services' . ] By the way, just
ask the agri-fans about the Cornell Toxies, that are still
growing in their self-fertilized bio-hazard farm.
Also, we still have not given up on the possibility that
the swvc A/S COULD BE INCREASED, ANY DAY, ALL BY ITSELF,
WITH OR WITHOUT ANY R/S , AND, WITHOUT ANY WARNING,
OR 'VOTE' , OR PROXIE , OR ANYTHING. In fact, it may have
happened yesterday, or today. Remember, shorters ONLY Care
about the increase in the A/S , to re-start the converters.
The R/S does not matter, until swvc sinks below $0.0001
The next 2 weeks + 1 day should be interesting for swvc.
Especially for those who are planning to re-short.
GLTA + Go swvc. And, don't forget to save-up a barge-load
of dry-powder for averaging-down with those New + Reversed
common 'shares' , whatever they are called. Our choice
would be SWMP [See Way More Preferreds].
shorters will never move off of swvc...
They constantly + quickly + risklessly profit.
For a 99+% 'price' dump, in just the last 10 months.
And, the best is yet to come.
As soon as the Authorized are Raised 4x ,
AND COMBINED WITH THE 5X REVERSI.
That's 20x MORE COMMON swvc 'SHARES' THAT
MUST FLOOD INTO THE seaway WITHIN 20 WEEKS.
The Insiders MUST DUMP 200 BILLION MORE COMMON
swvc 'SHARES' BEFORE swvc GOES BK, IN ~ 20 WEEKS.
The real question is : Why do the longs keep
averaging-down, and soaking up the new 'shares'
provided by the Converters + the shorters ?
But, we thank them for their unending support.
Anyway; to answer the question :
" have you thought of moving on to a stock that you like "
The answer is : " We Love swvc. Shorters make 50% per month."
But, we are always open to anything that is more risklessly
profitable for short-term day-trader shorters. We prefer
always-cash-burners, that are just about to have to prove
that BK is 3 months closer, because they waste time + cash
Filing the Legal Proof, every 3 months, with the SEC.
Thanks. + extra Sincerely.
P.S. ; It is really useful that a few swvc fans pretend to
know the inside secrets of bizniz + finanz + hedging + etc.
Their unsights + suggestions are very helpful to us shorters.
Our favorite is the pawn-gone guy. The real business news is
full of stories about pawn-guys getting stuck with 'stuff'
that will Never be dumped, because it's worthless fake stuff,
just like swvc common 'shares'.
Averaging-down is profitable, for shorters, only.
Read the PR. Found no new Facts...
Just a few old promises, repeated, and still not even
with any firm dates attached. Particularly, the
'acquisitions' , And, the new news that none of their
'targets' have accepted Any of copi's 'proposals'.
And, most of the PR/letter was just a repeat of old
Facts, that were already Filed with the SEC.
But, it was nice for the CEO to thank the longs,
especially the ones who lost more than 50% , and
keep holding on , and sometimes even averaging-down,
when they can afford it.
Anyway, PR's + Letters , from a CEO , or an IR guy ,
with no specifics, are meaningless, because they are
not Legally Enforceable. So, we wait for the 10-Q.
Which counts. Even if Not audited.
extra, Sincerely.
copi fans only bought 67k 'shares' this week ...
That's less than $1,400 'worth' .
What will happen when they have to sell 130 Million 'shares' ?
That's more than $2,500,000 'worth' at ~$0.02
And, what will happen when copi needs more new cash,
and tries to sell another 100 Million newest common copi's ?
copi can't borrow any more cash. The Insiders had to
'pledge' All of their 'Preferred shares' as 'collateral' ,
just to get last Quarter's 30% Loan.
Typically, when an always-money-losing 'company' , like copi,
has to start diluting, the price crashes from the 2x dilution,
and, ~half of the longs try to bail-out, ASAP.
That would be 65 Million common copi's that the weaker copi
fans will dump. Which is 1,000 Times As Many copi's As The
Strongest + Longest copi fans bought, ALL THIS WEEK.
[Not even counting the expected 100 Million New Dilution.]
So, 1,000+ weeks for ~half of the copi longs to get out.
That's 20 Years. But, they have to get-r-done in less than
20 weeks. Should be interesting. Especially for shorters.
extra, Sincerely. But, just opinions, based on copi's
Filed Facts. And, the next 10-Q update Must be admitted
by next week, unless it's late. copi used to File early,
even with bad news. If copi actually had better news, we
would have expected to see the Filing already. Or, a PR
with a hint of something good since April 1 , when the
Quarter started. And, the Quarter Ended June 30 , so copi
has known, for more than 5 weeks, if its just more bad news,
or something even worse.
Let's see whose predictions pan out. GLTA.
swvc had 4,000 longs, who threw $40 Million ,,,
into the swvc story, just to fill up an empty shell,
which is now worth less than when it started,
just 10 months ago.
Because, every crumb that ever was stuffed into the swvc
shell, BURNS CASH + OWNS NOTHING OF VALUE THAT COULD BE SOLD.
Every thing they 'own' is rented, except 2 sheds, that
are mortgaged for more than they could ever sell for.
And, there are 200 BILLION new common 'shares' in
Converter DEBT, ALL READY TO DUMP, ASAP. That's
80 TIMES MORE NEW COMMON 'SHARES' THAN ARE ALREADY FLOATING.
And, it does not matter if the swvc CEO 'owns' any part of
any bio-hazard , debt-ridden , cash-burning , crook-managed ,
secret-other-stuff. IT'S NOT OWNED AT ALL BY swvc, OTHERWISE,
IT WOULD HAVE TO HAVE BEEN 'MENTIONED' IN ALL 10-Q's + 10-K's.
Actually, we expect the swvc CEO to try to drag it in to
swvc, AND MAKE ONLY swvc COMMON 'SHARE'HOLDERS PAY-OFF ALL
OF ITS SUPER-TOXIC DEBTS, JUST LIKE HE DID WITH wizegone,
and No.Country.Hospitalized.
But, let's check the math, to explain why swvc is
not quite yet 'trading' at less than $0.0002 :
1] The ~4,000 longs threw $40 Million into the seaway.
2] That's an average of $10,000 Each.
3] And, now it's down 99.5% , in just 10 months.
4] So, the average swvc unvestur has ONLY $50 remaining.
5] So, it's just not worth selling [for them],
and paying/subtracting another $10+ commission.
That's it. In the swvc nutty-shell.
extra, Sincerely.
P.S. ; But, there is plenty of cash still floating in the
seaway for the shorters. Today, there are 2.5 Billion swvc's,
'trading' at ~$0.0005 . That's $1.25 Million , that the old
swvc longs are fully prepared to watch float away. And,
more than enough to attract a few shorters, who expect to
clean it all up, risklessly, before Christmas, 2008. Thanks.
Any swvc long who is already down 90+% ,,,
And has not sold yet, because he thinks that the CEO
is going to give away any of his Personally-Owned Cash,
Will certainly buy more after the 5x Reverse-Split,
And, the simultaneous 4x Increase in Authorized 'Shares'.
Because, he will keep thinking that the swvc CEO will
eventually give his Personal Profits away. [T.O. to ROTFL]
The Only Unknown is : How much more will they be able to
unvest, before swvc goes BK, before Christmas, 2008 ?
There is No Doubt that the Converters will try to dump
the 20x Brand New swvc common 'shares' , ASAP. And, that's
ONLY 25% OF WHAT THEY ARE ALREADY LINED-UP TO DUMP. And,
anything they don't dump BEFORE swvc BK, IS WORTH $zero.
We shorters assume that the averaging-downers will keep
unvesting at ~their previous rate; which is ~$3 Million
Per Month, for the last 10 Months, while swvc just kept
crashing 99+%. They obviously have the cash-inflow to keep
unvesting. And, it's not worth selling. And, if they do,
they will get a 1099-B that will alert the spouse/partner.
So, it's 'better' to just keep averaging-down, to try to
make the Monthly Brokerage Statements look like they did
not [yet] lose 99% per common swvc 'share'.
We have Never Seen A Better Set-Up For Shorters.
1] Guaranteed BK within 4 months. [With 10-Q proof in 1 week.]
2] Guaranteed ASAP Dump of 20x-100x Converting commons.
3] Longs who keep throwing $3 Million per Month into the sea.
extra, Sincerely. GLTA + Thanks + See YA shortly.
P.S. ; Please don't assume that the shorters are 'making
swvc keep going down'. In fact, every $1 in quick/riskless
profit that we collect, is essentially subtracted from the
25% pay-back that the Insiders were trying to squeeze out.
So, we're actually All on the same side. GLTA + Thanks again.
Averaging-down is profitable, for shorters, only.
IOO; Hackers has not made a profit in 100 years...
All of their buildings were [and still are] rented. [Probably
owned by a SEPARATE Hackers family Real Estate Corp.]
And, with 'rental agreements' designed to remove All
profits + net worth from the SEPARATE Hackers Retail Corp.
[By the way, their weekly ads are the weakest we have ever
seen, and look like they are still 100 years old.]
And, Hackers 'key employees' were probably/mostly over-paid
extended-family + in-laws, with No modern training in how to
even run a pawn shop. That's why Hackers never expanded,
and shrunk in even their own depressed micro-region, as
WalMart + Target moved in to better locations surrounding
them. But, worst of all, swvc has to keep paying salaries
to the old Hackers Family 'employees + managers' , And,
still keep paying inflated 'rents' for all of the old
Hackers 100-year-old buildings.
But, now it's even worse for Hackers. After making no money
for 100 years; now, they have to pay for the swvc 'manager'
overlay. Including the 'Hackers share' of the Interest on
All of swvc's sub-prime + floorless-toxic 'loans' , And,
All of the Interest on the WF Inventory Loan. [By the way,
before swvc, Hackers did Not Need ANY Inventory Loans.]
It is very clear that the swvc CEO does not know how to
develop or run any profitable 'business' , and is not even
trying. He is just trying to 'build' an inverted 'house of
cards' , borrowing as much as possible, no matter how bad
are the super-sub-prime 'loan' terms, and how much cash the
new 'acquisitions' burn, and how many toxic debts they drag
in behind themselves.
And, the next 10-Q will prove that the plan-man is clearly,
and irreversibly just a few months away from BK. And, even
the Insiders will be lucky to get back 25% of what they
loaned him, [while all common 'share'holders get $zero,
of course, according to BK Law]. We don't expect the Insiders
to be happy to lose 75% of the cash they loaned to swvc.
And, 'somehow' , the swvc CEO will pay them back, or hide.
extra, Sincerely.
P.S. ; swvc common 'stock' has flat-lined, until the
5x Backwards Split and/or the 4x Increase in Authorized
Common 'Shares' ; which will re-start the Conversion/Dilution,
to 20 TIMES THE CURRENT FLOAT [ = 5 x 4 ]. Within 1-2 months,
9.5 BILLION BRAND NEW COMMON 'SHARES' WILL CONVERT + FLOAT IN.
At a constantly sinking 'price' of $0.0020 , straight down to
$0.0003 , and then another Reversi, if there is still time,
before swvc Files for BK [due to WF Foreclosing on their
Inventory Loan, due to swvc Violating Absolutely All Minimum
Requirements since Day#1 of the WF 'loan' ].
We shorters appreciate the swvc fans , who think that they
know how real businesses are supposed to work. They are the
only ones who can extend the plan-man's game, by cornvincing
the longs to keep averaging-down, as long as they can possibly
dig up new cash. The longer, the better, for the converters
and the shorters. While the converters are dumping 10-200
Billion Already-Convertible common swvc 'shares' , we expect
to easily short at least 1 Billion, at an average price of
$0.0010 , for a quick + riskless profit of $1 Million. And,
if the longs average-down more than $10 Million more in new
cash, we expect to profit more than $1 Million.
We're counting on the few remaining + averaging-down longs,
so please save up. These will [always] be swvc's cheapest
cheapies, ever, and every new week will be weaker.
GLTA + Thanks + See YA shortly.
rpt; Exactly right. swvc's 'deal' with Cornell ,,,
is what originally alerted us retail/offshore shorters.
They have the Absolute Best Lawyers,
who write All of the 'terms' of their 'deals'.
And, sometimes they throw in their 'anti-shorting' clause,
just for fun, if the near-BK CEO wants to feed it to his
outside/insider fans. It seems to have worked on the swvc
averaging-downers. But, it is no problem for Cornell+YA+etc.
They just short off-shore, easily, the same way even retailers
do it.
Cornell always knew that swvc would go BK. That's the Only
reason why swvc Had To Borrow Cash From Any Cornelli-type,
and totally under Their Terms. swvc could Never get a real
loan [Inventory loans DON'T count], and they were Always
Out Of Cash, and TS needed to 'sell' his always-cash-losing
wizeguys ASAP.
But, here's the keys, for us shorters. Cornell's loans to
swvc earn super-sub-prime Interest. And, as long as swvc
is Not on the verge of over-night BK, It's Great.
But, as soon as Cornell starts to 'convert' , it's curtains.
Usually, they have already shorted, off-shore, so it does Not
even really matter to their 'bottom-line' , but it's 'cleaner'
if they just convert All, and cover their shorts, and collect
their covered-short profits, and loan to another CEO who is
Not so very close to BK. [Where Cornell Could actually Lose.]
extra, Sincerely.
P.S. ; The only better short than 1 like swvc, where Cornell
is desperately trying to convert + dump; is any 'company'
where a Cornelli-type is Done dumping [like copi + wnbd].
Especially if they have fans that 'encourage' the averagers.
When Cornell leaves, 'things' get much worse, much faster,
except for shorters.