is...2 busy vacationing full-time 2 (put something here)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The 1-for-5 Reversi should last a few months...
swvc won't need another Reversi until swvc drops another 80%.
That should take a few months. By then, swvc will be BK.
Meanwhile, the smaller the current Reversi,
the more 'incentive' for the averaging-downers to continue,
and the more new cash available for the converters.
Also, the 4x Increase in the Authorized Shares,
must be Multiplied by the 5x BACKWARDS SPLIT,
which means that the converters can re-start dumping
20 TIMES MORE NEW SHARES.
After the 1-for-5 R/S, the O/S will 'only' be 500 Million,
but the A/S will ALSO BE RAISED TO 10 BILLION, SIMULTANEOUSLY.
THUS : 10 Bil / 500 Mil = 20x MORE DILUTION IS AUTHORIZED .
The funniest part is that even 10 Billion Authorized
IS WAY TOO LITTLE. THE CONVERTERS HAVE 200 BILLION,
ALL READY + WAITING TO CONVERT, TODAY.
And, they ALL must do it ASAP, BEFORE swvc goes BK.
Probably before Christmas. Because :
1] Every 'asset' that swvc 'owns' BURNS CASH , and ,
thus, IS 'WORTH' LESS THAN $zero. A truly Empty Shell
would actually be worth More than swvc. (Empty means NO
Hidden Debts, especially NOT $20+ Million Floorless Toxies.]
2] swvc Must pay-off a $500,000 cash debt THIS MONTH,
or go BK.
3] WF will foreclose on their $5,000,000 Inventory Loan,
BEFORE swvc Files for BK. Otherwise, WF loses it all. And,
swvc has never met ANY MINIMUM REQUIREMENTS. And, we, as
Real Long Shareholders of WF have alerted them to their
'problems' with their super-sub-prime 'loan' to swvc, and
their Fiduciary Responsibility to WF Shareholders, and their
Non-Compliance with Banking Laws + FDIC Requirements, and,
we sent copies of our 'concerns' to every Federal Authority
that should be 'interested'. And, to U.S. Elected units,
who may not be re-elected, if they keep not-caring about
Bank Failures CAUSED by Banks 'overlooking' Federal Banking
LAWS, or 'bending' them way beyond their breaking point.
extra, Sincerely.
P. S. ; All swvc longs are hanging by a single thread, that
is now under fire, and being observed, microscopically. When
WF forecloses, swvc closes. Probably way before Christmas.
Only the 'luckiest' of day-trader-longs [= ~insiders], will
be able to slide out any short-term profits from swvc, before
in quits 'trading'. And the converters will be shut-off
before they are even 25% paid-back. Even TS will get nothing
that he can't 'remove' before Christmas. Only the shorters
will get their 100% profit. That's why we are here, and
Never buy any swvc's , No Matter How 'Cheap' They Ever Are.
Bottom-lines : The only doubt about swvc is : How Many Of The
200 BILLION CONVERTING COMMON 'SHARES' CAN BE BOUGHT BY
AVERAGING-DOWN LONGS, BEFORE swvc Files for BK, by Christmas ?
And : How much of the exploding float will be short-interest ?
That's the Only Reason why we are interested in swvc, shortly.
The longer the longs keep buying, the higher the number of
shorted common swvc 'shares'. After the Reversi, 9.5 Billion
newest shortable 'shares' will be 'available' , starting at
~$0.0020 , and ~immediately crashing back down to ~0.0004 .
And if there is time before BK, another Reversi. We expect
to easily short ~1 Billion , at an average of ~$0.0010 ,
for a quick + riskless profit of $1 Million. And, there
should be no problem, because the swvc longs already
unvested over $30 Million, in just the last 10 months.
Surely, they can dig up $1 Million more (= only 3% of $30 M)
for averaging-down, to 'protect' their continuing unvestment.
Go swvc. Faster than ever.
'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.
Tom ain't no dummy!! He gets paid...
And, he sold his family wizeguys always-money-loser.
And, he owns an UNdilutable 80+% of All swvc 'votes' ,
and 'assets' [if there ever are any, after subtracting debts].
And, he can vote himself UP to 99+%, any day,
without any swvc common 'share'holders ever 'voting'
on anything, ever. Just like they did NOT get to 'vote'
on the Reverse-Split, or the 20x Increase in Authorized
'Shares' [= 5x Reversi TIMES 4X JUMP from 2.5 to 10 Billion].
And, the commoners never got to vote on giving $5.25 Million
to the new COO , for the 'acquisition' of his cash-burners.
And, swvc pays his NOT-acquired 'businesses' various
consulting + purchasing fees. [Let's see if we can find them
hidden in the 10-Q.]
And, Tom paid $zero, while swvc common 'share'holders paid
$20+ Million to bail-out a toxic friend, while Tom's lawyers,
[who are 100% paid by swvc common 'share'holders], were
overlooking something else. [Time out for rotfl.]
And, every time a converter dumps 1 new 'share' , Tom gets
4 more new 'shares' , for FREE. OBVIOUSLY, HE WILL NEVER
'VOTE' TO BUY ANY BACK. BECAUSE, EVERY 1 COMMON 'SHARE' THAT
HE 'BUYS-BACK' , HE PERSONALLY LOSES 4 OF HIS OWN. [Not to
mention that swvc has No Cash to buy Anything.]
We expect swvc to be BK by Christmas, which will cancel All
debts, and ALL commoners will get $zero, and Preferreds + CD's
will get less than 50% of what they are owed, ACCORDING TO
LEGALLY SIGNED CONTRACTS, THAT REQUIRE THAT THEY BE 100% PAID
BEFORE ANY COMMON swvc 'share'holder gets 1 sub-penny. And,
'someone' may personally buy swvc's cash-burning 'businesses'
at garage-sale prices, approved by the BK Judge.
And, Tom will live happily ever after, far away from the
common swvc 'share'holders, and the CD converters who only
got to convert + dump ~50% of what they were owed.
extra, Sincerely.
P.S. ; The converters WON'T wait for the A/S to be raised.
Tom can 'vote' FOR IT TOMORROW, OR YESTERDAY, AND IT WILL BE
EFFECTIVE IMMEDIATELY, WITHOUT EVEN 'NOTIFYING' ANYONE,
UNTIL THE NEXT SEC FILING, WHICH COULD BE LATE, OR NEVER.
And, if the converters can't find Tom, and 'convince' him to
'vote' AS REQUIRED BY THEIR SIGNED CONTRACTS, they could just
re-start 'shorting-against-the-box' , as they probably have
already been doing for months, especially last Friday.
Today's swvc pre-market dumping re-starts in 5 hours. If
there is Any Sign that the converters are back in the game,
the shorters will be re-calling the plays. And, that's a real
red chunk of American maverick truth.
GLTA. Let the swvc games resume.
If the 10-Q was any good, copi would have ,,,
mumbled/leaked some/any good news, IN THE LAST 4 MONTHS.
After all, THE 10-Q COVERS APRIL 1 THRU JUNE 30 .
Besides, everyone already knows that copi is :
Out Of Cash + Still Burning Cash + Can't Get Another Loan
= Almost Officially BK [except for paying a lawyer to File].
'denial' is delong's reason to keep averaging-down,
with a little outside/inside verbal help from defans.
Just in case delongs forgot, destock is WAY DOWN ,
MORE THAN 84% , JUST SINCE THE JANUARY PUMP&DUMP.
So, defaithful + averaging-down longs have believed-away
over $12 Million , in just the last 6 months. [ Math Note :
$12,210,000 Lost = 132 Million copi common 'shares' float
x ($0.1100 Pump Peak - $0.0175 Last Friday) ]
We estimate that there may be ~1,000 copi longs ; so,
the 'average' long holder + averaging-downer is probably
down + out more than $12,000 . Statistically, the largest
10% usually own 50% of the float. So, those unlucky 100 are
probably losing an average of $60,000 each. With many of
them losing over $100,000 each.
It is no wonder that some longs are finally starting to say :
" I for one am sick of it. "
And, we shorters know exactly who 'shares' the blame.
And, it is NOT copi, because they Never PR any good news,
[or any news], and copi Does File ~Truth with the SEC,
and On Time, and Sometimes Even Early. So, who's left
to blame, and who's left holding the 84% Empty Bag.
extra, Sincerely.
P.S. ; copi is only 1 , of the many new quasi-pinky
Bunk+Morturd 'stocks' that have popped-up [and way down]
since almost everyone wized up to the old mining scams.
They are the new favorites for the shorters, especially since
the SEC ended that 70-year-old + annoying "UpTick Rule".
We just can't figure out why the pinky longs, who spend
so much time reading only-biased 'dd' , and always losing
90+% per year, just can't figure out how easy it is to
short any pinky/penny/ponzy, almost anywhere in the World.
Maybe that's why shorting pinkys is so risklessly profitable.
And, copi is even a better short than any pinky, because it
Files with the SEC. Who knows why? It only wastes time + cash,
just to prove, ever Quarter, that copi is approaching BK.
When the next copi 10-Q slips out, we will wait for the
copi fans to spin it, and try to do another copi bump+run,
and we will short after the peak drops 20%, and then explain
why, using Only the UNspun Facts in the next copi 10-Q.
We suggest that All Serious copi Longs NOT rely on any
'analysis' provided 'free' by anyone, except/maybe us.
But, our explanations will be way too late for copi longs.
Actually, Cornell got rid of copi...
And, ASAP. Because Cornell never likes to lose cash.
When Cornell spots much bigger 'problems' than they were
originally mis-lead to believe, they bail out quick, just
to get their cash out before the BK trap snaps shut.
Cornell never causes a 'company' to go BK. They just loan
cash to 'companies' that can't get Any loans, because they
are burning cash, And sure to go BK, soon; just like copi.
[Unless Cornell loans them some cash.] Cornell's lawyers
'structure' the loan documents to try to make sure that
they are Fully Repaid + Interest + Penalties, safely Before
their Failing 'customers' [like copi] actually Have To File
for BK. There is Always a good reason when Cornell 'agrees'
to cash-out earlier than planned, by their own lawyers.
We suspect that was the case with the Cornell loan to copi.
Cornell thought that copi could drag along for a few more
years, by massive dilution + PR hype + maybe a decrease
in cash-burning. Apparently, Cornell found out a few extra
annoying Facts about copi, and 'convinced' copi to pay them
back early. Which caused the copi Insiders to have to Unvest
some of their own personal cash. Insiders Always Hate To Have
To Do That; so, to get even, the Insiders just 'voted' to
give themselves UNdilutable Convertible 'Preferreds' , that
will Never own less than 87% of All of copi's 'votes' and
'assets' [if they ever have any that exceed copi's growing
short-term debts]. And, since the 'Preferred' Insiders will
Always own way more than 51% of All copi 'votes' [no matter
how many more common 'shares' are Ever Printed, and Dumped,
and Reverse-Split], the Insiders can Always 'vote' their
'ownership' of All of copi, Up to 99+%, in less than 1 day,
if it is ever worth the trouble.
Anyway, [while speaking of trouble], copi is now deep in its
own self-made + deepening hole. We see no way out. Here's why.
1] copi just keeps burning cash. It does not matter if they
keep calling it 1-time-stuff. There is always a new load of
new 'non-recurring stuff' ; but, it All counts as never-ending
cash-burning, measured in the same 'Dollars' that All Real
Companies use to count profits.
2] To 'make-up' for burning cash, copi 'decides' to hire
some more way-over-paid Insiders, and an IR-bunch that can't
type a news release, and an 'Investment Banker' that only
removes cash from copi's shattered piggy bank.
3] Surely, the Insiders don't want to dump any more of their
own new cash into copi's deepening cash-burning long pit.
4] And, since Cornell dumped them, copi can't even get a
super-toxic sub-prime loan from Any third-rate + high-rate
'lender-of-way-past-last-resort'. copi proved it , all by
themselves, just last Quarter. The 'best' copi could do is
to get a very small + very short-term loan, at 30% Interest,
AND, THE INSIDERS HAD TO PUT UP ALL OF THEIR PREFERREDS
AS COLLATERAL. So, now, copi does not even have ANY collateral
to get ANY more loans, even from 5th-rate 'lenders', at 50%
per year in Interest [payable weekly, 'just-in-case'].
extra, Sincerely. The above opinions, all based on Facts,
Filed by copi, with the SEC, will All be re-proven by copi's
next [and maybe last] 10-Q.
P.S. ; To copi's outside/inside fans + lawyers. There is
no way to prove that copi is Not heading for BK, very soon.
And, every copi Filing, with the SEC, re-proves that it
will be even sooner.
But, we do agree with the copi outside/inside fans, when they
say that they "believe other major developments will break soon!"
Very soon, and already broken, way beyond any repair.
But, maybe a delay, with massive-dilution temporary surgery,
which is always recommended for always-cash-burning pinks,
and pennys that always 'perform' just like pinks, like copi.
With a 50% increase in the SALES STAFF at COPI,,,
there should be some real increases in copi cash-burning,
which Must Be Reported in the last 2 copi future 10-Q's.
But, not in any more of copi's 10-K's, because
BK's don't File anything, after they File BK.
extra, Sincerely.
Also, will any copi fan please call any top-copi,
and ask/tell him/her to explain/side-step :
" WHY DID copi FORGET TO GET PAID FOR THOSE 6 BILLION
'CALL COUNTS' , THAT copi FANS UNVESTED THEIR HOPES IN ? "
The shorters already know that they 'somehow' were NOT
ever sold. Probably just software testers, trying to get
copi's no-tech 'patented' stuff to catch up with the
new-tech + much cheaper competition.
By the way, copi is very easy to short. Even in the U.S.
And, everywhere else in the World. But, copi-shorters are
Very Short Term , [unlike the always-averaging-down longs].
We're Always out&in in Less Than 3 Days, [usually 1 day].
And, Never Even 'Sho-Up' on Any short-list. In fact, hardly
any pinks or pink-alikes ever 'Sho-Up' , for the same reason.
And, pink + pink-alike shorts are UP, over 300% , in the
last few months, since the SEC Ended their annoying , and
70-year-old "UPtick Rule".
Shorters always profit faster in 'stocks' where the longs
read + believe only deceptive, self-serving PR's , and
IR-guy over-paid stuff, and not-really-outsider fan mail.
Thanks for the unfo/info.
True. Not quite enough copi's are available,,,
for big-time shorting right now. But, they will be, soon.
We expect to see many more before Christmas, or none.
Either way, it's OK [for shorters].
Today, about 130 Million common copi's are floating.
At ~$0.015 each, that's about $2 Million of long-gone cash.
And, the 'Preferreds' own an ADDITIONAL UNdilutable 87%.
So, the longs must hope that their tiny 13% [and shrinking],
current 'share' of copi is somehow 'worth' $15 Million, Now.
[Not even counting the FACT that the 'Preferreds' COULD raise
their UNdilutable 'SHARE' to over 99% , on ANY DAY that they
feel that it's worth 'voting', with No Common 'share'holders
Ever Allowed To 'Vote' On Anything. Never Have + Never Will.]
For copi to be worth $15 Million, it should Already have a
long-term + stable history of earning ~$1 Million per year
in After-Tax profits, And, growing at 50% per year, just to
try to stay even with Moore's Law.
After all, copi is a 'mature' company. It has been losing
money for ~10 years in this 'business'. copi's only 'asset'
is a 10-year-old low-tech 'patent' , that only burns cash,
even as VeriSign does ~All of the Operational 'work'.
Anyway, shorters are expecting ~$500,000 in quick + riskless
profits from copi in the next few months. The next 10-Q will
prove that there are only a few very-short-term possibilities
for copi, [and no long term chances]. Here's what we see :
1] copi runs out of cash + goes BK. So, All common shares go
directly to $zero, and All shorters don't even have to cover.
That's 100% profit, and no commission to cover.
2] copi sells whatever possible scraps to VeriSign, and
goes 'out-of-business'. There is not nearly enough sell-out
cash to pay-off the 'Preferreds' , so All copi common
'share'holders get $zero, and All shorters make 100% profit.
(We do expect that the 2 top-copi's will write themselves a
'sweet deal' , to pretend to 'work' for VeriSign for a year
or two; so, even less cash will be 'available' from the copi
garage sale to even pay-off the 'Preferreds'.)
3] copi can't find any 'buyer' for their no-tech old 'patent'
and just keeps burning cash, that Must be replaced. So, the
printer re-starts, and massive dilution begins. If so, this
is the best long-term profitable 'solution' for shorters,
because copi could bounce along for 1-2 more years [until
longs quit averaging-down]. Massive diluters [like All pinks]
typically crash 90% per year, while doubling their common
float every 3-12 months. In copi's case, we expect them to
try to dump ~100 Million newest common 'shares' , ASAP,
with a little help from their 'silent partners' , the IR guys,
and their not-quite-outsider, long-term, copi fans.
extra, Sincerely.
P.S. ; copi has been ~useless for shorters for the last few
months, but, the January-April pump&dump was great. That's
why we keep watching, and waiting for copi to make its
'big-move', as it burns out its last cash, and Must make its
choice of shortly-profitable 'decisions'. We like the Fact
that copi Must keep reporting obvious Facts, via SEC Filings.
By the way, when copi re-starts diluting, there is no reason
for them to keep wasting cash on SEC Filings + Audits. And,
it will not even be helpful to keep revealing bad news,
like cash-burning + massive-dilution + super-toxic 'loans'.
Bottom-line : The copi 'market cap' is more than adequate
for a few shorters, who expect to 'share' $500k per year,
if copi re-starts diluting. Or, $500k in 4 months, otherwise.
Note: copi can even be shorted easily in the U.S. But, for
those with small accounts [less than $1 Million in Total
'safe stuff' like Index Funds], we suggest the Caribbean.
If copi is still burning cash,,,
faster than ever, we don't think they will be Filing
anything after Christmas, this year, except a BK,
unless they hurry-up and garage-sell their still-barely
useful part to VeriSign, before it sinks under Moore's Law,
and is not even useful to VeriSign.
Also, we expect the copi fans to mis-'analyze' the next 10-Q,
just like All of copi's previous SEC Filings, that Always
show Huge Losses, And, always a new load of Extra-Huge
Losses, that they always call 'non-recurring' and/or
'1-time-only'.
Well, it occurs to the shorters, that copi's 'non-recurring'
losses are growing even Faster than copi's 10-year ,
always-recurring Operational Losses.
And now, copi is Out Of New Cash, to cover Any More Losses,
'recurring' or Not. Unless, they can get another shorter-term
and subber-prime 'loan' , than their last desperate 'deal'.
Which was, 30% Interest, And, All Of The 'Preferreds' as
collateral. So, there is Nothing Left to 'borrow against'.
It's down to massive common copi 'share' dilution , or BK ,
or garage-sell a few copi crumbs to VeriSign, before they
all are Un-sellable.
extra, Sincerely.
P.S. ; We shorters have noticed that copi Never comes through.
1] The '6 Billion call-counts' evaporated, UNPAID.
2] The 'Big India Law' led to $zero for copi.
3] The 'Big Canada Law' is nothing. Canada has less people
than California, and less money, and they already don't fall
for tele-spammers, and the few that do, don't pay, because
they can't. And the Canadian [~socialist] Laws already
'protect' their 'voters' from evil-foreign tele-scammers.
4] The 'Big Tele-Marker Conventions' have never led to
anything for copi, except bills for travel + other 'stuff'.
5] And the next 10-Q will have to show the salary for the
new + way-over-paid ex-micro-guy, and the other 2 over-paid
copi 'execs' are not even pretending to 'defer' Anything.
And, the IR-guys are still getting 'paid', for nothing, and
who knows why copi 'hired' an 'Investment Banker' , who only
seems to be withdrawing from copi's nearly-empty piggy bank.
6] While only copi common 'share'holders ever make any cash
deposits, and the 'Preferreds' Always Own 87+% of All copi
'votes' + 'assets' [if there ever are any].
It is guaranteed that All wnbd common 'share'holders,,,
Combined, OWN LESS THAN 50% OF 'their' favorite 'company'.
All pinks hide their 'Share Structure' for exactly that
1 + only reason.
wnbd has almost 1 Billion common 'shares' , BUT ,
wnbd ALSO HAS 10 MILLION "PREFERREDS" , AND
wnbd ALSO HAS 5 BILLION "AUTHORIZED SHARES" ,
so far, Right Now.
And, the shorters know ~Exactly Why wnbd 'needs' so many AS's.
It's because, THEY ARE ALREADY RESERVED TO BE GIVEN AWAY
TO THE ALREADY ISSUED 'PREFERREDS' , whenever they 'decide'
to 'convert to common'. But, there is No Rush. Because,
even as 'Preferreds' , they OWN ~80+% of ALL wnbd 'votes' ,
and 'assets' [if there ever are any]. And, 'Preferreds'
often collect Cash Interest while 'just waiting' to
convert, when there is a 'good reason' . [Which, for pinks,
is usually when they are sure to be going BK, soon.]
No wnbd common 'share'holder HAS EVER GOTTEN TO 'VOTE' ,
ON ANYTHING, EVER, AND NEVER WILL.
However, if wnbd accidentally 'does good' , the 'Preferreds'
can use their 80+% 'votes' , WITHOUT TELLING THE COMMONERS ,
to 'vote' themselves more 'Preferreds' , any day it's
'worth it' , and All The Way Up To Or Way Over 99+%.
So, in a nut-shell, wnbd common 'share'holders essentially
'own' No Share Of wnbd , if wnbd Ever 'does good' enough
for the 'Preferreds' to want more, or all, for Free.
extra, Sincerely.
P.S. ; Any wnbd long , who thinks that the shorters just
'make this stuff up', just to 'scare the common pink longs' ,
should just call their own favorite pink CEO , and make him
Legally File The Current wnbd Share Structure , And Swear To
The Current Ownership Of wnbd Votes + Assets. He Won't Do It.
No pink CEO ever does. That's why they start + stay pink.
Until wnbd starts Fully Reporting its Share Structure ,
[and Audited Financials] , its 99+% probably just another
pink bouncer, no matter how much soap it says it sells.
swvc Dilution looks straight up to us...
Probably 2x per month.
If the converters expect to have any chance
to dump their ~50x in only their last 5 more months.
Some of us always watch swvc, when it bounces.
Looks like the annual swvc Fun Run is Done...
Last year, after the Fun Run, 'only' ~13x Dilution
crashed swvc's 'price' by ~99.5% .
This year, another 25-80x Dilution, is ALREADY WAITING,
on line. And the next phase of swvc 99+% 'price' crashing
is Scheduled to begin, Full Force, starting
No Later Than 16 Trading Days From Now.
It COULD even re-start before Monday,
if any of the just-waiting converters
finds + 'convinces' the plan-man to
hurry-up, and get-er-done, before the
swvc Christmas BK Party.
Remember, an Increase in Authorized 'Shares' ,
for a Delaware Company, [just like swvc],
HAS NO WAITING PERIOD, AND NO WARNING IS EVEN NEEDED.
In Fact, the A/S Increase Never even has to be mentioned,
until the next SEC Filing, if there ever is one.
By then, it may be way too late, [except for new shorters].
extra, Sincerely. [That's it.]
P.S. ; Even without a surprise + early Increase in A/S ,
there is Nothing to Delay the converters from shorting,
'a little early' , just to be safe , just like they
probably did, after last year's swvc Fun Run. We expect
them to do it, starting Monday [if not already, today],
if they can't find, and/or 'convince' the plan-man.
Cool. swvc doubled this week, already...
Thanks to the averagers.
Even the just-keep-holders are happy.
The old-holders who averaged-in at $0.04 , just 9 months ago,
are now 'Only' Down 98%. Looks like a 'big run' starting.
Maybe they should start averaging-down, like the new buyers.
Just a few days ago they were Down 99%, and couldn't sell,
because of those killer $10 commissions. Also, if they Ever
Sell, their Broker Must send a 1099 Next Year, which the
Tax-Guy Must Report on the Next 1040, which the spouse Must
Sign. Which might be 'news' to the spouse, who worked all
year, and finally found out why.
Anyway, the shorters are just waiting for the A/S floodgates
to re-open. [The R/S is meaningless, until the swvc trading
price falls too low for the Converters to dump on the same
day that they convert.] So, the shorters are enjoying the
temporary swvc 'run' , that is totally 'financed' by the
averaging-downers. The higher swvc 'runs' , the more profit
for the shorters, who have been all-out for days, and just
waiting until the converters are re-allowed to play.
Let's see how long the longs can compete with the converters.
For those keeping score ; By our calculations, in just the
last few months, the converters have 'only' dumped ~2% of
what they are Now Allowed To Dump. So, swvc is just about
to see At Least another 50x Dilution, after these few-days
of time-out that MAY BE REMAINING, AT MOST.
extra, Sincerely. And, no more yada's.
P.S. ; These next few weeks will be tricky trading for swvc.
And the big trick is to be the first to notice that the A/S
has been raised, Without Being Reported, until After It's
Way Too Late. And, it's All legal, in Delaware, where the
plan-man chose to re-Incorporate, for some reason. Probably
related to the reason for the Corp 'Address' to have moved
to Florida. While All of the swvc 'assets' can't be moved
from their permanently-depressed micro-region, even after
the end of the just-started multi-year World recession.
It's interesting, how often the swvc longs are on the same
side with the short-term shorters; while the longs re-average
down, and 'finance' another swvc mini-bounce, directly caused
by the plan-man, who deliberately let the A/S temporarily
max-out; which deliberately violates the contracts of All of
the converters. So, the converters will just have to dig up
the plan-man, and re-convince him that he can't 'afford' to
keep them waiting. Because, Christmas is only 5 months away,
or maybe earlier this year, since 2 more swvc 10-Q's will
probably be at least 1 too many.
CURRENT Bottom-lines :
Longs : Happy to keep averaging-down, as swvc bounces up.
Shorters : Happy to be All-Out , as averagers re-unvest.
Converters : Not happy , and hunting for the plan-man.
The Plan-Man : Always UNdilutably Happy, with at least 80% ,
and always able to vote for more (all by himself) , or more
for 'acquisitions' to bail out friends + family, while hiding.
The Sister : Already gave up on running for NY Senate. And,
probably worried about even getting re-elected to NY Anything.
The SEC : Never cared. Never will.
The Class-Action Lawyers : Waiting for UNrefundable Fees
and Retainers, before unleashing their PI's to find + tie-up
any currently U.S. personal assets of those with any personal
liability, before those assets float away, out of reach.
Finally : swvc is dropping in 'popularity' on iHub. Let's
hope that the swvc fans can speed up their averaging-down,
before the time-out secretly + silently times-out.
copi shorters cover within 3 days ,,,
so, they Never show up on any 'short-list' .
Most of them won't even hold any pink ,
or any micro-cap, even overnight.
It's too risky, and not necessary, and less profitable.
copi buyers are so rare, that it's much more profitable
to short before noon, and down-tick through lunch-time,
and then cover after before 3 pm.
And then, do it all again, the next day, and the next,
as long as it keeps working. Plus, it only costs
less than $10 per down-tick. Which are now legal to be
sequential. Thanks to the SEC finally ending their
annoying "Up-tick Rule" , which used to slow down only
shorters, for the previous 70 years.
copi is great for shorters, because it has to File 10-Q's,
and keep proving that it is always burning cash. And, it
is so bad now, that they had to beg for a very-short-term ,
super-sub-prime 'loan' , and pay 30% Interest , AND ,
THE INSIDERS EVEN HAD TO PUT-UP PERSONAL COLLATERAL,
WHICH IS NOW ALL 'PLEDGED'.
The next copi 10-Q will be a field-day for shorters.
We expect copi to be bouncing 50-80% lower, within 2 weeks
of the delayed Filing of the 10-Q. If it was any good,
it could have been released 4 Weeks Ago. Or, at least
some 'good news' would have been PR'ed. We still can't
figure : Why does copi keep over-paying their IR-guys ,
to do less-than-nothing? Our only guess is that they are
trying to sell-off any possibly sellable parts of copi,
before they are all un-sellable.
extra, Sincerely. With no un-required yada's.
See ya'all shortly, right after the next copi 10-Q,
or sooner, if the expected 'news' seems to be leaking.
the seller @.011 yesterday ,,,
will look like a genius after the next copi 10-Q drops.
Also, he proved that copi has No Buying Support,
including from the longs, who keep pretending that
they will buy all cheapies.
We expect more down-spikes until the 10-Q is Filed.
It could have been Filed anytime after 30june2008;
because All of the numbers were known back then,
and No Auditor will even look at the pre-Filing.
And it's all just internal 'data' , and most of it is
just computer-generated reports from VeriSign.
As we recall, copi once Filed something on 28march,
that was not due until 15april. So, we kinda-expected
to see the 15aug 10-Q around 28july, if it was any good.
We suspect that is the reason for yesterday's bail-out.
And, would not be surprised to see them accelerate, the
longer it takes for copi to File, or say anything good.
And then, there is always the possibility of 'friends' of
insiders, 'acting upon' well-known [internally], but
not-quite-yet-publicly-released 'info' .
Including, especially, [but not limited to] any-tech at
VeriSign, who has 'access' to the Facts about ~90% of
copi's gross + net 'revenues' , since they almost-all
are totally handled by VeriSign. By the way, their CEO
recently quit. Many of us used to work where he used to
work, before he jumped to V-land, soon after they bought
the network, for $Billions, from a not-yet-public company,
which now is.
The longer it takes for VeriSign to buy-out any of the
temporarily useful parts of copi, the lower the price,
and, the higher the chance that they will just write
their own higher-tech + more-profitable + simpler + faster
data-base comparison computer program. After all, the most
expensive part is the Do-Not-Call List; WHICH IS FREE, as
it is collected + maintained + distributed by the U.S. Govt.
extra, Sincerely. And, obviously, everything is just opinions,
even if we never say it again. [By the way, many very-young
multi-millionaires keep retiring from that network incubator.
And, some now short micro-caps, that perform like pinks,
exactly like copi, especially if they are pretending to be
'high-tech', while totally controlled by Moore's Law.]
P.S. ; To copi longs, who keep averaging down.
Please save that phone number for at least 4 weeks
after the next copi 10-Q is Officially Filed.
By then, the shorters will be done + covered,
and watching + waiting for the November 10-Q,
which we expect to be the final copi-Q.
Must agree. WiFi is the most reliable ,,,
and quickly profitable short we have ever seen.
It has a big Reversi almost every year,
sometimes 2 per year, and then tanks ~90%
in only 1-2 months.
Then, we cover, for 90% profit,
and watch + wait for the next Reversi.
Obviously, it's Totally Legal.
AK has been playing this game for 20+ years.
The longs who lost should quit complaining,
and learn to profit by shorting pinks.
95+% of All pinks crash 90+% per year.
And, 90+% of them are BK within 2-3 years.
Anylong who unvests in Any pink is almost Guaranteed
to lose 99+%. And, the U.S. SEC will Never Waste Any
Of My Tax-payer Cash chasing pinky CEO's , or consoling
any pinky unvesturs. Other than, to Constantly Warn,
on the sec.gov website, to NEVER UNVEST IN ANY PINKY.
So, Please leave AK alone. He is the best pink CEO ever.
And, we shorters appreciate him, and From him,
every year, for 10 Times longer than the average pink CEO.
And, the longs who lost cash, by Not Shorting with AK
should have figured this all out, long ago. But, they
clearly have not, as their profiles prove. They just
keep longing around in newer pinkys.
ALL Pinkys Are Identical. That's Why The ALL Have To Be Pink.
ALL longs Always lose in All pinks. And then some complain.
And then unvest in some more pinks. [By the way, we shorters
also appreciate from their leads, as they 'discover' their
next favorite pinky.]
Meanwhile pink shorters can't lose. And Never complain,
except, about the broke longs, who try to mess up the game.
By the way. ALL CEO's are Shorters, even for Real Companies.
And, they almost always make Big Bucks. Here's why :
They All Sell New 'Shares' , and keep All Of The Cash ,
as 100% Immediate Profit , And Hardly Ever Buy-Back
Even 1 'share'.
extra, Sincerely.
Learn from mistakes, and move on.
Instead of trying to teach others, who refuse to learn,
while the teacher keeps repeating the same mistakes.
But, we shorters appreciate, from their actions.
We often do. swvc is our most profitable sinker in '08...
5% of all trades, Worldwide, are shorts, Every Day.
Probably 10-30% for swvc, since it always trends DOWN,
99% in less than 1 year. A shorters paradise.
Longs have lost over $30 Million is swvc, this year.
So, shorters have probably made ~$1,500,000 - $9,000,000
mostly day-trading, and mostly right after swvc bounces,
like us. [With a little help from our friends,
the swvc fans.] [We love their current story, about
some other always-money-losing 'stock' , that swvc's
CEO may personally own , but has Never Been Mentioned
in Any swvc SEC Filings , because swvc common 'share'holders
Don't Own Any Of It. BUT, swvc might have to 'acquire' it ,
AND, ALL OF ITS OLD SUPER-TOXIES, just like wizeguys.]
Also, it would be hard for any shorters to ever be losing,
because, swvc always just keeps sinking. Even if any shorter
ever shorted at exactly the wrong time, swvc Never even
Doubled, and the shorter was Always back in-the-money
within 1 week. Just check the price-history charts.
And, when the A/S flood-gates re-open, swvc will dive
even faster than ever. Those $12 Million-worth of
Floorless Converters MUST DUMP, as much as possible,
before swvc goes BK, [probably by Christmas, this year].
extra, Sincerely. [And no more unrequired yada disclaimers.]
P.S. ; Our guess is that shorters have already salvaged
~$5,000,000 out of the seaway, since the sump pumps failed,
9 months ago. And, as the $12 Million-worth of Converters
cash-out, in the next 4 months, the shorters are risklessly
sure to scoop up another ~$2+ Million , with a little help
from the experienced story-tellers.
By the way. We think that the swvc CEO is Under-Paid,
even if he likes to eMail outside/insiders that all of
his paychecks are just loan-paybacks. [The IRS is probably
deciding, right now.] His man-plan genius game has probably
made at least $5 Million this year for shorters, and we
already made more then him, counting 'loan-paybacks' ,
and we expect at least 40% more 'bonus' before Christmas.
Thanks for the swvc price support...
swvc is now set-up perfectly for a massive MOMO short.
With almost zero risk. And here's why.
Apparently, swvc fans have convinced averagers to
at least hold, and maybe even keep buying.
The higher swvc bounces, the better it is, for shorters,
who are All just waiting; but watching, carefully.
So, the 'price' should be stable UNTIL :
1] The A/S is increased, and conversions re-flood
(which, legally, could be any day; and, without any
warning, EVEN AFTER THE FACT; Except, that it Must be
reported in the next 10-Q; if there ever is one).
2] And, if the price stays above $0.0001
Shorters don't even care about the Reversi, even if it
is 'repealed' [= zero chance]. ONLY the A/S counts,
if the price stays above $0.0001
More than likely, there will be so many shorts,
swvc will be 'accidentally' even naked shorted.
Let's see what happens.
We expect to be able to short at least 500 Million
old-swvc 'shares' at an average of $0.0003 ,
immediately after the A/S is increased.
[And, it will be obvious, even if not 'announced'.]
Then, cover. Probably within a few hours, at $0.0001
The less-than-1-day shorting profit should be
500,000,000 x ~$0.0002 = ~$100,000
Thanks for the ongoing help.
P.S. ; GLTA flipping longs. It's gona be musical chairs.
Averaging-down is profitable, for shorters, only.
The converters have 80x More ,,,
to flood into the float.
Just the CD's are owed $12 Million, right NOW.
If the UNreversed 'price' held at $0.0004 [No Chance, unless
the averagers contribute another $12 Million, in 4 months],
THAT'S 30 BILLION MORE NEWEST 'SHARES', ADDED TO THE
CURRET 2.5 BILLION. Those alone will crash the 'price' of
swvc by 27.5/30 = 91.7%.
And, then there are the Preferred Converters,
[And, they WILL TRY TO CONVERT BEFORE BK, IN 5 MONTHS].
After the non-Preferreds are All 100% Done,
the Preferreds will still have 95% of the Fully Diluted,
so, they will crash the swvc price an ADDITIONAL 95%.
swvc is the biggest + quickest poster-child of
Death-Spiral 'Financing' , EVER.
Anyway, as soon as the A/S is increased,
the 30 Billion converters will All return.
But, they are currently shut-off,
until they get the Only-1-voter to raise the Authorized,
WHICH CAN LEGALLY HAPPEN ANY DAY, WITH NO WARNING,
and probably just an after-the-fact Filing,
like in the next 10-Q [if it ever happens].
So, it is true, that swvc is currently 'supply-limited' ,
and it could run a little. Until the A/S increase, and,
if the averagers buy faster. Which they clearly are Not
doing Today.
So, have fun, under the A/S machine gun.
It's Guaranteed to rapid-fire, at least 30 Billion Times,
starting in No More Than 20 Trading Days, at the Latest.
And, Any Day Sooner. As soon as the Cornell-clones find TS.
extra, Sincerely. [Still opinions + facts, even if we
Never mention it again, according to iHub Rules.]
So, Go swvc Averagers. See ya'all shortly.
As soon as the CD Avengers come back to play.
The R/S is Required to allow conversions to continue...
Period.
It has nothing to do with 'uplifting' , except to keep
the price of swvc above $0.0001 so dumping can continue.
After the R/S , it will take about 1 month for new-swvc
to sink back to new-$0.0001 , and the converters will
'convince' the Only-1-voter to 'vote' for another R/S.
The 10 Billion Authorized will not need to be raised,
because, with every R/S, the A/S is 'automatically'
effectively multiplied by the R/S Factor. In other words,
if the A/S is 10 Billion OLD-SHARES Before Any Split,
it remains at 10 Billion NEW-SHARES After Any Split,
Unless it is specifically changed.
The current Filing will effectively raise the A/S
All The Way Up to 50 Billion, relative to the current
price of swvc. As Follows :
1] A/S from 2.5 Billion UP to 10 Billion = 4x
2] R/S of 1-for-5 = Another 5x Increase in A/S
3] Both combined = 4x Times 5x = 20x Times 2.5B = 50 Billion
And, obviously, even 50 Billion is way too low.
There are already 200 Billion converters on line, Today.
It's openly admitted in swvc's last Friday SEC Filing.
And, that's assuming that swvc never sinks below $0.0004 ,
even as 80 Times MORE New 'shares' convert, and float in,
in just the next few months. [ Which will certainly cause
swvc to sink by At Least another 80/81 = ~99% . ]
And, that's assuming that No More Convertibles are ever
printed + traded to 'acquire' more friendly cash-burners,
and/or to cover the losses of the current swvc cash-burners.
extra, Sincerely.
P.S. ; The 'info' being 'provided' by the big swvc fans
is perfect for the converters, and the shorters. It will
'convince' the averaging-downers to corntinue to keep
'buying' the constantly-available, all-time-cheapies, as
swvc keeps sinking another ~99% in the next few months;
until the averagers pay-off the ~$12 Million, that the
converters are demanding, ASAP. [Before swvc goes BK,
probably by Christmas, this year.]
P.S.S. ; The converters ALL have legally binding contracts,
All Included in swvc's SEC Filings. They are effectively
running swvc, until they are All Fully Paid-Off. swvc has
No Cash to even cover its growing losses; or ever 'acquire'
anything that does not come with more past debt than it will
ever be worth. And, if swvc tries to print + 'trade' more
convertibles, they Must All be 'subordinate' to All of the
existing ones; so, any 'acquiree' will easily see that their
'probable future value' is probably less than 10% [at most]
of their 'face' value. In fact, the 'deal' to 'acquire' the
family wizeguys 'business' was a ~79% 'Discounted' CD ,
because it is 'subordinate' to the Cornell-Types of CD's.
Bottom-lines :
1] swvc can't 'acquire' anything [except negative-value stuff]
until after All of the current converters get All of their
~$12 Million Fully Paid-Off [by averaging-downers].
2] shorters will have a riskless windfall, as long as the
averaging-downers keep swvc above $0.0002 ; and swvc will
'help' by 'voting' for more R/S's , whenever 'the newest
reversed' swvc price approaches $0.0005
3] Surprisingly, swvc did not fall below $0.0003 yesterday.
But, 200 Million swvc 'shares' dumped, at ~$0.0004 , only
cost the averaging-downers $80,000 ; which is only
1-fifth of 1% of the ~$40,000,000 that they already lost,
in just the last 9 months. If they keep doing good, for
20 more trading days [= 1 month, when the R/S rolls in],
it will only cost them a total of 4% More Cash, on top of
their previous near-total losses. They can do it, if they
keep getting cornvinced. There's ~4,000 of them; so, they
only have to keep throwing in an average of $20 per trading
day, each. That's just another tank-o-gas per week. Not much,
to preserve an unvestment that already costed 100 Times as
much, and that some-fan guaranteed would provide 10-bagger
profits, and immediate early-retirement, within 1-10 years.
[We saved a copy of the 'guarantee' , before it disappeared.]
4] Just a guess/prediction : We think that the converters
Must have 'noticed' that ~$80,000 of new cash was tossed
into swvc yesterday, and the swvc price ONLY fell 20%. And,
maybe the converters got half of it, by dumping their last
allowable 100 Million newest swvc 'shares'. Today, there
should be No Converters. If swvc's price holds above $0.0002
we expect that they will 'convince' the only-1-voter to
Up-The-Authorized to at least 5 Billion, effective ASAP,
probably by next Monday. And, probably Not Mentioned until
After All Trading on this Friday. There is No Requirement to
wait around for Any Days, to ONLY INCREASE THE Authorized
'Shares' , especially such a 'little bit'. Certainly the
averagers can explain-away a tiny 2x. And then, they can
corntinue to happily toss in another $80,000 per day,
and keep the swvc price above $0.0002 , and the converters
won't have to wait a month, to re-start collecting ~$50,000
per day. Otherwise, the converters will lose $1 Million ,
forever, if they have to wait around until late August.
We bet that the converters 'convince' the Only-1-voter,
and, we're betting on the averagers to keep bidding the price
of swvc at/or/above $0.0002
Go swvc averagers. Please keep the seaway flowing.
Nobody wants swvc to quit trading...
And, it won't, as long as the averaging-downers just
keep throwing in a new $3 Million per Month.
It's easy. They have already been doing just that,
for the last 9 months.
Then, in just 4 more months, All of the current Converters
will be 100% paid-off, and the accumulating longs will have
increased their Fully-Diluted 'Ownership' of swvc, all the
way back up to ~20%. That's an increase of 8,000%, from the
only 1/80 of the Fully Diluteds that they currently own.
And, the few loyal averaging-downers that step up to the
plank, at this most-needy time for swvc, will 'own' All
of the newest 200+ Billion brand-new 'shares'. So, they
will All be in the very few, but most deserving, and most
financially capable strong hands [or fins, or flippers].
Those first 3,900 swvc flippers , who jumped ship before
the character-building storm , and quit contributing ,
don't deserve anything more than their 50% tax-loss.]
Then, the plan-man can go back to work, 'acquiring' even
more always-money-losing 'businesses' , and signing up
more friendly converters, and writing 1812 more PR's,
and maybe even appearing in public, or privately eMailing
more outside/insider swvc common 'share'holders.
And, this time he'll probably remember to save a few
Trillion Authorized's to cover his salary + raises + bonuses
On Time , and to balance out that annoying + never-ending
negative cash-flush problem.
And, everyone can accumulate* happily ever after.
extra, Sincerely.
* Note : "accumulate" has many meanings.
For swvc longs, it's just many more common 'shares' ,
ignoring those hard-to-find Fully Diluteds.
For swvc converters, it's just getting paid back ,
on-time , plus 50% profit per year.
For swvc shorters , it's just the freedom to keep shorting,
and covering, + profiting + re-shorting twice as many swvc's.
And, for the plan-man , it's just collecting salaries/raises,
on time, without pretending they were loans. And, trading new
Convertibles to 'acquire' more friendly cash-burners, faster.
Finally, for the 600+ swvc Employees, it will prevent them
from having to accumulate welfare check-stubs, or to start
collecting stamps. [ Note to self ; Ask CPA if unvestments ,
that reduce welfare payments , directly to a permanently
depressed mini-region , during a multi-year World recession ,
can be deducted as 'Charitable Contributions' , in addition
to the obviously Deliberate Capital Losses. After All,
It's The Thought That Adds Up + the lack that counts down.]
The AS could be 10 Billion Right Now,,,
Because, Delaware Requires NO WAITING PERIOD.
The 30-day delay is ONLY FOR THE REVERSE-SPLIT,
because the 'stock-symbol' MUST BE CHANGED.
Anyway, an SEC Filing is CERTAINLY MORE BELIEVABLE
than the usual trick-worded swvc PR's , that the
swvc fans keep re-posting, daily, for months,
as if they were ever true, EVEN AFTER THEY ARE PROVEN
TO BE DELIBERATELY + DECEPTIVELY FALSE.
Anyway, The Authorized Shares WILL DEFINITELY BE 10 BILLION.
It's ALREADY 'VOTED' FOR, AND APPROVED BY THE swvc BOD's
[Time out for R+L], AND FILED WITH THE SEC.
In Fact, so is the 1-for-5 Reverse-Split, which will be
IN ADDITION TO THE 10 BILLION AUTHORIZED 'SHARES' ,
SO, EFFECTIVELY, ITS ALREADY GUARANTEED TO BE 50 BILLION
ALREDY-AUTHORIZED 'SHARES' , based on the current pre-reverse
price of swvc 'shares'.
But, even 50 BILLION IS ILLEGAL, AND A VIOLATION OF ALL OF
THE CONVERTERS SIGNED + SEC FILED CONTRACTS ; Because ,
THERE ARE 200 BILLION NEW 'SHARES' ALREADY WAITING TO
CONVERT , ACCORDING TO THE PLAN-MAN'S MOST RECENT SEC FILING.
So, even if Nothing was Filed, THE AUTHORIZED 'SHARES'
MUST BE IMMEDIATELY INCREASED TO AT LEAST 200 BILLION,
ACCORDING TO BASIC + SIMPLE U.S. CONTRACT LAW.
And, it's even worse, because those 200 Billion conversions
are FLOORLESS. And, they will MULTIPLY THE FLOAT BY A
FACTOR OF 80. Which will make the 'price' of swvc 'shares'
DROP BY A FACTOR OF 80. So, since ALL OF THE CONVERSIONS
ARE FLOORLESS, THEY MUST GROW TO AT LEAST 16 TRILLION
[ = 80 X 200 BILLION ] before they are done converting.
extra, Sincerely.
P.S. ; Only the converters [and the shorters] will profit
from the deliberate confusion of the swvc fans. And, the
averaging-downers will lose at least another $12 Million,
in brand new cash, in the next 4 months, just to pay-off
the converters; and then, temporarily, 'own' only 20% of
swvc's always-cash-burning 'assets'. [It's actually much
worse; but, we don't want to scare the averaging-downers
away, before the shorters complete their last 5-month swvc
Thanks-For-Always-Giving party.]
We may have under-estimated the hidden ,,,
Power Of Positively Not Thinking.
Unfortunately, for swvc longs, whose only trading strategy
must be 'averaging-down' , [because that is the only possible
'plan' for unvesting in swvc] , the longer swvc 'trades' ,
the more they Must lose.
swvc Must Provide enough newer 'shares' for All Converters
to be able to dump, according to their Legally Enforceable
Contracts that were Already Signed by the swvc CEO , + Filed
by him, [several times] with the SEC.
The latest SEC Filing, [conveniently, After last Friday's
close], PROVES THAT swvc CURRENTLY HAS 200 BILLION NEWER
'SHARES' THAT ARE READY TO CONVERT + FLOAT IN , RIGHT NOW .
Not counting the even newer ones that the plan-man is trying
to trade for more friendly always-money-losing 'businesses'.
Let's try to think about some short + sweet Facts :
1] swvc is DOWN 99% IN ONLY 9 MONTHS [and still crashing,
which will be accelerated by a Reverse-Split, in 4 weeks].
2] swvc is temporarily Maxed Out of Outstanding 'shares' ,
at 2.5 Billion , and Must Raise its Authorized 'Shares' ,
which it could do in 1 day; and probably will, if longs keep
averaging-down, and buying enough to keep swvc above $0.0001
3] swvc Must Wait 30 days after Filing, to Reverse-Split, ONLY
BUT, swvc could raise its Authorized Shares ANY DAY that
the Only 1 'voter' , who owns the NEVER DILUTABLE 80% of ALL
swvc VOTES [and 'net assets' , which are Negative, and growing
negatively, so who really cares], is 'convinced' to vote to
raise the Authorized Shares, and allow the converters to
resume converting. WHICH IS LEGALLY REQUIRED, AND WRITTEN
INTO EVERY CONVERTER'S LEGALLY BINDING CONTRACT.
4] {And, MOST IMPORTANTLY} swvc had to finally admit, in
its most recent SEC Filing, that 200 BILLION MORE NEW swvc
'SHARES' ARE READY TO CONVERT RIGHT NOW. And, that's if the
pre-split 'price' of swvc stays at $0.0004 , WHICH IS
IMPOSSIBLE, BECAUSE, when any 'stock' Quickly Dilutes
200 Billion More New 'Shares' , into a float of 'only'
2.5 Billion [that's 80 more new, added to every 1 current],
THE CURRENT 'PRICE' MUST PLUNGE BY A FACTOR OF 80, AT LEAST.
5] So, that just makes it 80 TIMES WORSE, since ALL of those
converters are FLOORLESS. And, they won't be done until they
convert + dump 80x200 Billion = 16 TRILLION BRAND NEW 'shares'
on top of the current 'only' 2.5 Billion. [Time out 4 ROTFL.]
6] But, there is a silver lining for the averaging-downers.
No matter how many Trillions of newest swvc's ever float in,
they 'only' have to pay off the ~$12 Million that is actually
owed to the converters. [NOT counting the $48 Million More
that will be owed to the plan-man, since he Must Always be
the UNDILUTABLE OWNER OF 80% OF THE swvc Ocean].
7] And, we think that the averaging-downers may be able to
come up with another $12 Million, to keep swvc floating.
Because, in just the last 9 months, they already threw over
$30 Million into swvc, and watched 99% of it sink, and they
are still happy to keep averaging-down, and scoop up the
never-ending flood of new-all-time-low swvc cheapies.
8] Now, let's check the time-frame. The longs threw out
$30 Million in only 9 months. That's More than $3 Million
per Month [= $150,000 per Trading Day. Time out again. R+L.].
And, they only have to sink another $12 Million into the
swvc float to be able to say Bon Voyage to All of the
converters [except the 80% plan-man, as always]. Well,
it should only take ~4 months, at $3 Million per Month,
to scoop out another $12 Million. Looks like No Problem.
So, 4 months from Today, every long should be celebrating.
And, it will also be The Real Thanksgiving, along with the
end of the Thanks-For-Giving For Only-4-More-Months Season.
extra Sincerely. And GLTA. And, thanks for averaging.
P.S. ; Meanwhile, back at the Shorters Ranch. We're already
starting our 5-Month Christmas-Gift Season. Because, we
really expect that the Guaranteed 80x Dilution Must Sink
swvc by another ~99% , in only the next 4 months. Just in
time to prepare for the pre-Christmas swvc BK party.
swvc will Never File another 10-Q , because,,,
it MUST ADMIT + PROVE + LEGALLY DOCUMENT that NCH is
way-less-than worthless, + always was + always will be.
And, overloaded with a new load of Super-Toxic + Floorless
Convertibles. And, the new COO even got a 2-year 'contract' ,
for a grossly excessive 'salary' , whether he is Fired,
OR NOT. And, the 'parts' of NCH that he did NOT sell to
swvc, now 'sell' their useless 'services' directly to swvc.
But, no longs will ever know for sure, or ever care if they
found out. In fact, they would say that it's another goodie.
But, here's the best part. As predicted, just yesterday,
the longs have re-grouped, and promised to Never Sell,
and keep averaging-down. And, they really Can Do It.
If the MM's can get their act together in the next 12 hours,
swvc will 'trade' ~1 Billion 'shares' tomorrow. At an
'average' price of $0.0002 , and close at $0.0001 .
If the longs come through on their 'promise' , they will
buy them All, and they deserve them. But, it's no-big-deal,
because 1 Billion seaweeds at $0.0002 each, is only $200k.
Several longs have already lost more than that much, each.
And, starting in 11 hours, they will be 'privileged' to be
able to buy more seaweed's, at the cheapest-ever 'price'
[until after the Reversi]. And, get a slim-to-none chance to
pretend to 'own' less than 1% [and always shrinking] of
another Super-Toxic-Debt Load of another 'company' that
is trying to generate Super-Toxic Hazardous Waste.
But, shorters don't ever care about those algorist worries.
Here's the Bottom-line Math, that attracts shortists :
If swvc can keep 'trading' tomorrow, and until the Reversi,
in 30 days, it will 'average' 1 Billion 'shares' per day.
And, it will have to bounce between $0.0001 and $0.0002 ,
with long buyers paying $0.0002 , while MM's pay ~All sellers
$0.0001 . And, the longs look like they will step up to the
plate [and/or keep sinking into the seaway].
And, we know that they can still afford it. We predict that
the ~3,000 smallest longs will 100% bail out next week.
But, the remaining 1,000 fans only have to soak up $200k
per day. That's only $200 per day each. Which is very
Not difficult for the 10+ that have already lost $200k each.
extra, Sincerely. And yada's.
P.S. ; If the longs come through, and keep swvc floating
between $0.0001 + $0.0002 , swvc will Raise their Authorized
to 10+ Billion, overnight, because There Is No Requirement
To Wait 30 Days For A/S Increases in Delaware. And, then, the
converters will be happy again, as the longs keep buying
every new retail 'share'.
Mark this post. Or Not.
Averaging-down is profitable, for shorters, only.
Long sellers call it 'bid-whacking' ...
Short sellers call it 'down-ticking' .
Long buyers call it 'hit-the-ask' .
Short buyers call it 'cover ASAP' .
Tomorrow, swvc sellers will call it
'dump All, ASAP, at any price' .
Real-Stock traders + their Brokers call it simply a
'market order' , and they all know that it means either,
"Buy [or cover] at the current ask" [for buyers] , or
"Sell [or short] at the current bid" [for sellers].
Market orders are extra-dangerous in volatile stocks,
especially thinly traded, and/or milli-penny 'stocks' ,
just like swvc, and All other pinkys/pennys/ponzys.
Because, when 1 'market price' [= current bid or ask]
burns out, the next 'price' could be 25-50% worse,
especially for swvc, which will be panic-selling tomorrow,
starting at $0.0003 [or lower], and closing at $0.0001
tomorrow, or Tuesday, at the latest. Then, it may have to
quit trading, and wait for the Reverse-Split. [The converters
won't 'be happy' about that, so the swvc CEO will be hiding,
until it is legal to Reverse-Split, which takes 30 days,
even if Only 1 guy needed to 'vote'. All by himself.
[Just imagine the 'meeting' where the 'we-can't-converters'
'convinced' the plan-man, that 'the plans have changed', NOW.]
Anyway, for safety, we Never use 'market orders' .
We just stay on the phone with our Broker, real-time,
as he down-ticks or short sells, by bid-whacking, until
we burn out the possibly-profitable bids. Then, wait for
$0.0001 , and cover All of tomorrow's shorts, at $0.0001
ONLY. If swvc bounces to 0.0002 , our Broker will just wait
a few minutes, until/when the 0.0001's are sure to resurface.
The whole swvc 'game' tomorrow, and before the Reverse-Split
temporarily raises the 'price' of swvc, is, to :
Get All swvc trading done ASAP, BEFORE the swvc 'price'
sinks below $0.0001 , and swvc quits trading, until the
Reverse-Split temporarily raises the price above $0.0001
extra, Sincerely. Let's see if our opinions pan out.
By the way ; The 1-for-5 Reverse-Split makes No Sense to us.
We expect swvc to quit trading [when it crashes below $0.0001]
early this week. And then, wait around for a month. And then,
re-open at new-swvc = $0.0003 ; and then, be back below
$0.0001 again, within 1 day. And then, wait for the next
Reverse-Split. [The 'we-can't-convert-again' guys may have
to be more 'convincing' at their next bored meeting; where
they 're-explain' to the swvc CEO that they don't appreciate
his 1/5 jokes, and, they are getting personally over-heated,
at the person who is about to take all of their heat.]
We expect retail to try to flip 1 Billion swvc's tomorrow...
Assuming that the MM's can work out an opening swvc price.
There may be a 2-4 hour delay, unless longs enter sell orders
'at-market' , and will be OK with a 80% gap-down to $0.0001
If so, that will freeze-out the shorters, who will probably
only settle for $0.0003 at the opening, and quit shorting at
$0.0002 , and cover ASAP at $0.0001 , all on Monday, if swvc
can trade at all above $0.0001
If the shorters get to play, they will probably be ~50% of
the early sells, and late buys tomorrow. And, only shooting
for a $0.0001 quick out&in flip profit, as swvc sinks to
$0.0001 , probably tomorrow. Then, the shorters will leave,
until the swvc Reverse-Split allows swvc to again [shortly]
trade above $0.0002
Shorters often get their orders moved to the front of the
line, because they are usually pro's, and big players, and
best friends/clients of their Brokers; due to the large and
fast [1-3 day, out&in] commissions that they generate.
Especially for milli-penny stocks, where most of the longs
are very small players [$100-$1000 per trade]. Whereas, the
shorters try to move ~$10,000+ per out&in flip, which is
enough if the crasher drops ~50% within 3 days [for a quick,
and almost riskless profit of ~$5,000+].
Also, most swvc [or any milli-penny] shorters are among their
Broker's largest retail clients, due to margin requirements
for shorting milli-pennys. 10x is the minimum, but 50x is the
usual. So, their margin accounts are usually over $500k,
to be 'allowed' to short-term short/flip in $10k chunks. In
spite of the urban-myths of the longs, most shorters are
ultra-conservative; with their $1 Mil in S&P safe stocks,
that usually compound 6-10% per year, over any 10-year period.
But, shorting ~once per month, at $10k per quick-flip, can
add $50k extra profit per year, which is a very nice extra 5%.
extra, Sincerely. But, just opinions about the unusually
good shorting opportunities for swvc trading tomorrow,
which will try to resume in ~26 hours.
GLTA Tomorrow. swvc should be #1 again on iHub, especially
if it can trade the expected 1 Billion shares. That's 50% of
the current float. And, probably 80% of the smaller longs
will bail out, and not be happy, and maybe say so, for the
first time. But, the shorters will be content if they can get
away with $0.0001 profit, on 500M swvc shares, [=$50k].
Averaging-down is profitable, for shorters, only.
2 ways to Never Lose in pinkys/pennys/ponzys...
1] Never unvest long in any of them, unless you are the CEO,
with 51+% NEVER-Dilutable 'vote' ownership, like swvc's CEO,
who 'needs' [and has always had] 80+% UNdilutable 'ownership',
of ALL swvc 'votes + assets' to 'protect' the commoners from
any possible 'hostile take-over'. So far, it's working
perfectly. No take-overs, or even any attempts. And, very
profitable, for the CEO, ONLY. In only 10 months, so far.
2] Short them, after they pump 100+%, BUT, NOT BEFORE
they peak + level off, AND THEN DROP ~20+% . Then, watch
carefully, and cover if it accidentally rises 20%.
Otherwise, cover when it dumps 50% of its recent pump gain.
It usually takes less than 5 trading days. And, it's not nice
to be too greedy. And, it minimizes the risk of pinkypox,
because the shorter is in&out of the pump&dump in only ~5 days
of the usual ~20 p&d days.
By the way, NEVER PLACE A LIMIT-ORDER TO COVER. Because it
is just like playing poker with ALL of your cards showing,
against dozens of MM pro's, who keep All of their cards
secret, along with their hundreds of clients. If this makes
no sense, the shorters say thanks for buying pinks, and
the blue-sky 'explanations' of their best fans.
" No insurance ? " But,,,
swvc was personally "guaranteed" to go up , by an 'outsider',
who kept Repeating personal eMails, sent directly to him,
directly from the swvc CEO. And, deliberately biased iBox
stuffings; All + Only 'assembled' by Only swvc's best fans.
And, the "guarantee" is still retrievable.
And, easy to copy, in CASE a lawyer needs it.
Looks like a load of personal liability, that can be
collected from a raft of 'outsiders' , who walked + talked
just like insider quackers. And, most of the newbys, who
way over-unvested in swvc were 'solicited' by ONLY the
swvc's best + constantly biased outside/insider fans.
The newbys certainly did Not decide to buy any seaweeds
based on reading + understanding Any of swvc's SEC Filings.
But, certainly DID lose 95% of their UNqualified Investor
Cash, based Totally on pumpers Deliberate + Repetitive
'Mis-Interpretation' + Hiding + Censoring of the Obvious
Facts about swvc's Guaranteed Never-Ending Crash + Upcoming
BK; due to MORE DEATH-SPIRAL 'DEALS' THAN WE HAVE EVER SEEN,
AND ALL 'ACQUIRED' WITHIN THE FIRST FEW MONTHS OF swvc's
'acquiring' of the most pre-Toxic, not-at-all-empty 'shell'.
And, as the newbys kept paying $20+ Million, for the slightly
over-looked words, the inside/outsider fans just kept cheering
that it is all part of the genius man-plan.
For those paying lawyers to investigate swvc liabilities +
illegalities, Don't Forget to Include the Few Best swvc Fans.
Because, that's where the money is; and that's what the
lawyers really care about. And, they must have their PI's
find it + 'tie it up' , ASAP. BEFORE it goes on a permanent
vacation, where the sun shines every day, because the clouds
of U.S. Jurisdiction can't ever visit. No pennies will ever
fall out of swvc, or any of its execs. They are geniuses at
'playing' this pinky/penny/ponzy game. But, their best fans
are really the Most Liable, and Least Able To Hide Their Own
Personal Assets, or 'Defend' Their Despicable + Repetitive
Actions.
extra, Sincerely. Including some opinions, and some not.
P.S. ; Don't forget to give the lawyers Full Lists of All
Other 'favorites' of swvc's favorite fans. There 'may be'
a constant, multi-year, and Continuing 'pattern' , that
Proves pre-meditated + deliberate 'intent' to Deceive,
or Much Worse.
It would be a refreshing change for the pinky fans to be
fleeced. The SEC will Never do it. They won't even send a
'warning' to obviously + repetitively scamming CEO's. But,
Civil Courts are Much More User-Friendly, and their Jury's
Of Newbys only have to kinda-agree, by 9-to-3.
GLTA Non-swvc fans, [Only], who have now seen the light,
and can identify the sources of the blinking flashlights.
That's the BEST CASE scenario,,,
because it assumes that All 200 BILLION conversions will
float in to the current 2 Billion; Without the price
of swvc ever dropping below $0.0004 , Before the Reversi.
That's exactly why the shorters love this newer-swvc 'Phase'.
The longs have all week-end to convince themselves that
this is just another genius man-plan. And, keep holding,
and re-averaging-down, for as long as possible.
While the converters keep converting,
and the shorters keep shorting,
and the swvc cash keeps burning,
until BK, before this Christmas.
extra Sincerely. The End.
Except for ALL shorters,
and the quickest converters.
mav; Only Retail Always bought ALL swvc common 'shares' ...
[Real Investors ONLY, EVER, Bought swvc Convertibles,
at 15-79% DISCOUNT UPON FLOORLESS CONVERSION,
WITH 10-12+% INTEREST, COMPOUNDED.]
And, the ~4,000 retailers 'bought' [averaged-down] ALL of
the last 1 Billion newest of them, in just the last month.
At the recent price, [~$0.0007], that's 'only' $700k.
Which is less than $2,000 each. Which is seagull feed.
After they already lost $30,000,000 in the last 10 months.
It's ONLY 25% OF THEIR AVERAGE MONTHLY RETAIL BUYING
OF SEAWEED FEED, FOR THE LAST 10 MONTHS.
And, they are Not Done. They buy every month, using new cash.
So, if they are still cashing paychecks, they will keep
feeding the seagulls.
extra, Sincerely. + yada's.
P.S. ; Shorters will be flocking to the seaway for the next
few months; while the longs keep averaging-down, until
newer-swvc files for BK, before Christmas.
P.P.S. ; The answer to "why" does retail keep buying
pinks/pennys/ponzy , no matter how obvious the scam,
or the warnings; is, it's just greed. But, much less
informed than Lottery 'gamblers' who only lose 50%,
ON EVER 'BET'. Or, Vegas 'gamblers' who only lose ~5% ,
ON EVERY 'BET' , but , at least, have 'comped' fun.
While 90% of pinky unvesturs lose 90%, every year.
And, the shorters thank them.
There will Never be Any swvc 'buy-back' ...
Because, the Only 1 guy, who owns a Never-Dilutable 80%
of All 'votes' , will Never 'vote' for Any 'buy-back' ,
Because, anytime swvc 'buys-back' 1 share, the plan-man
PERSONALLY LOSES 4 MORE OF HIS NEVER-DILUTABLES.
Also, it's obvious that this 1-for-5 Reversi + 4x Increase
in Authorized 'Shares' is just the first baby-step.
It won't nearly cover the already-printed convertibles.
Another 1-for-100 Reversi [at least] is needed, JUST TO
COVER THE CURRENTLY CONVERTING STUFF.
But, it's Not Needed For Another Few Months,
or never, if swvc is BK by Christmas.
So, The Genius CEO [really] just did the bare minimum,
to allow the converters to continue, with the maximum
chance of getting a few of the biggest + oldest + pumpiest
longs to continue to hold, and continue averaging-down,
and try to convince a few new unvesturs to join in, to
this newer + better + cheaper 'Phase'.
And, it Will Work. No matter how fast swvc re-sinks,
after the Reverse-Split is effective. [As long as new-swvc
stays above $0.0002 , which it might, for a few months.
Because new-swvc at $0.0002 is another 90% drop below
now-swvc at $0.0004 , which is way-faster than most pinks.]
But, here's the best part, [for shorters only]. They no
longer have to even worry about new-swvc ever accidentally
bouncing up. [Which is bad news for any flipping-longs.]
And here's why. THE NEXT FEW MONTHS IS THE VERY LAST CHANCE
FOR ALL CURRENT CONVERTERS TO CASH OUT. And, NOT EVEN THE
RISKIEST OF NEW INVESTORS WOULD EVER LOAN swvc ANOTHER PENNY,
BECAUSE, THEY WOULD BE LAST ON LINE, BEHIND THE CURRENT
CONVERTERS. And, if the current converters don't ALL GET
100% PAID-BACK, [PLUS INTEREST], ALL OF THE NEW CD BUYERS
GET $zero, when swvc goes BK, before Christmas.
extra, Sincerely. But, just more opinions, based on Filed
Facts; especially Today's Update.
P.S. ; Also All swvc common 'share'holders are Always Last
on Line, behind everyone, including the guy who loans swvc
$1 , to help cover the cost of Filing For BK.
P.P.S. ; Shorters of new-swvc will probably make more profit
in the next 4 months, with almost no risk; than they made
in the last 12 months from old-swvc, at slight risk. Anyone
who has not yet learned how to short Fully-Reporting Penny
'Stocks' , should learn ASAP. We have Never Seen Such A
Near-Totally-Riskless shorting opportunity. Thanks, plan-man.
copi's Market Cap is extra Short, DOWN 80% ,,,
in JUST the last 6 MONTHS. That's 96% per year, compounded.
Much worse than even the average pinky, that 'only' loses
~90% per year, every year, for 2-3 years, until BK. That's
why pinkys/pennys/ponzys are heavily short-term shorted,
[even if rarely reported]. Shorters are out+in within 3 days,
to minimize risk + maximize profit. Typically 30-50% per
3-day round trip, while buy+hold+average-downers stick
around all year, at an annual cost of ~90%.
Anyway, copi is shorted constantly.
It's just not reported unless not covered within 3 days.
Except for MM's, who never have to report their shorts.
And, of course, almost all non-U.S. short-term shorters,
world-wide, who don't 'report' anything to the U.S.
'proven fact, the end'
And, the end of copi's last hunk of
super-sub-prime , 30% Interest ,
short-term cash loan will be also be
proven spent-out in less than 3 weeks.
extra, Sincerely. But, just more short opinions, based on
copi's own Filed Facts. In a few weeks, we will all know
if the shorters predictions turn [again] to Historical
Facts [and shorters profits, as usual]. We are betting that
the copi update-Filing will prove continued deterioration,
and copi will trade many common 'shares' , at or below
1 thinning penny , within 3 weeks. Then, the shorters will
quickly cover, as usual; and return the following Quarter,
to shortly short again, if copi is still trading. If not,
there are still several sinking pinkys just like copi. And,
a few near 0.0001 , in immediate need of Reverse-Splitting,
which is much better for short-term shorters. But, we don't
think that copi will last long enough to ever need a Reversi.
Remember, for All computer-based + automated 'businesses' ,
Murphy's Law Always Rules , and shorters [at least] know it,
and use it for free long-term insurance. While copi longs
pretend that 'it does not apply' to copi , and pay 90+% per
year, for the insurance that they don't ever 'buy'. Thanks.
copi's Quarterlies attract shorters...
Just check the last few days before + after
each of the last 2 copi Filing Dates.
Usually a slight pump,
then the SEC Filing,
followed quickly by ~50% dump.
With copi's dried up volume of trades
[and posts], the post-Filing crash could be
faster + deeper this time. Especially if copi
proves again that they are still burning cash,
as always, since birth, many years ago.
If the 87% Preferreds don't spin-off to VeriSign soon,
VeriSign will probably just write a better call blocker,
and kiss-off copi. Or, just keep squeezing the buy-out
bid, as the 87% Preferreds watch all their pennys drop away.
extra, Sincerely. But, just opinions, based on Facts,
proven by copi, in every new SEC-Filed update.
By the way. When will copi ever explain those
'6 Billion' UNPAID CALL COUNTS? Or, why they keep
over-paying their 'super-salesman' + 'investment-banker' ,
and their silent IR guys, and their excessive exec salaries.
Most Real Companies REDUCE THEIR COSTS, if they keep
running out of cash, instead of begging for short-term,
super-sub-prime 'loans' , at 30+% INTEREST , until BK.
P.S. ; Since copi sometimes Files weeks before the Due-Date,
they COULD File ANY DAY NOW. After all, their Quarter Ended
on 30june2008. And, most of their Financial Data comes
from VeriSign, probably on computerized reports; that were
probably available on-line by 2july2008 [= 3 weeks ago].
But, we are actually expecting a late Filing, to delay
the expected bad news.
The Only 1 Reason for a Reverse-Split ,,,
of a 'stock' that pumps once & then dumps 99% within 1 year ,
causing ONLY common 'share'holders to LOSE ~$30,000,000 ,
to ONLY pay-off old + new friends + family of its CEO ,
while diluting ONLY the common 'shares' , by 10x [=1,000%] ,
and simultaneously reducing their votes + ownership from 100%
to 20% , to 9.8% , to 4.8% , to 2% [and still sinking fast] ,
after the CEO first 'votes' himself a Never-Dilutable 80% ,
which can be increased to 99+% , anytime he 'votes' again ,
all by himself , without warning anybody ,
and takes a $250k salary, as reported in an SEC Filing,
and tells [maybe] an over-paid IR guy, to send an
UNverifiable eMail to the pumpiest swvc fan , who says its
just an old 'loan pay-back' , from a near-BK junk-store,
that he used to personally own, until he 'voted' to make
Only swvc common 'share'holders way-over-pay to assume All
of its debts + rents , while he closed them all down , ASAP,
IS, AND ONLY IS :
that the always-money-losing 'company' ,
that is always about to run out of cash ,
which it always needs ASAP ,
to delay the BK of its Broke-n-Mortars ,
which must pay rent + utilities + employees ON TIME ,
and the only/best way to get more cash , without contributing
ANY of his own personal cash, is to keep diluting ONLY the
common 'share'holders , by printing Super-Toxic+Floorless
convertibles, that can Only keep flooding into the float ,
while the trading 'price' of the common 'shares' stays
barely above $0.0001 .
BECAUSE, EVEN PINKYS CAN'T TRADE AND/OR DILUTE BELOW $0.0001 ,
OR HELP swvc PAY-BACK ANY OVER-DUE LOANS TO CONVERTERS.
ALSO, increasing the 'Authorized Shares' WON'T WORK ,
because it will only make the common 'share' price
drop below $0.0001 even faster. So, it's just a
Total Waste of more time + cash.
THUS, A swvc REVERSE-SPLIT IS THE 1 + ONLY WAY ,
FOR swvc TO DELAY BK. And, it Will Happen, ANY DAY.
If not, swvc will cease to be able to 'trade' [= dump
increasing quantities of converting common 'shares'],
and run out of cash, and go BK; and annoy the guys who
can't ever convert, and get their principle + profit back.
And, most of them Never just go-away sad, when they know
exactly who caused the problem, and Will pay them back, Now,
in Personal Cash, in the shed, behind the limo garage, which
is behind the house, that just over-heated.
So, the Reverse-Split is the ONLY WAY for swvc to solve this
Personal Problem, Fast Enough. And, it eliminates any need
to waste any time + cash on a 'vote' to increase Authorized
common swvc 'shares'. And, it reduces the risk of overheating
of an insured rural mansion, due to global worming. Which is
sometimes initiated by a heated we-mean-business talking-to
in the shed, behind the garage, containing the overheated,
but insured, limos + benzes.
So, that's it. Plain + simple. In a nut-shell.
That will overheat + explode , blowing Toxies
into the BK seaway , and execs into the shed.
Well, let's get on with the Reversi Show.
It's a Win-Win for everyone. Including the big longs,
who could just keep averaging-down, a little longer.
Our bet is that the Reverse-Split will have to be
at least 1-for-1,000 ; Because 90+% of the converters
are still ready + waiting, not-quite-patiently.
Here's the math, using only A 1-for-1,000 Reverse-Split,
for simplicity :
The Reversi temporarily raises the trading price of swvc
commonly reversed new-'shares' by 1,000x , to ~$0.20 ,
[for a new all-time-high for swvc, which sounds good].
And, 'only' a new float of ~2+ Million [even better].
Then, the next-in-line 10% of the converters get to re-start.
That doubles the new float, just like the luckiest first 10%.
So, the trading price of new-swvc drops to ~$0.10 [or maybe
much lower, like last month; but, for simplicity, let's just
pretend that dilution-theory is obeyed]. Then, only 80%
remain to convert [assuming the CEO quits printing any more].
Then, the next 10% converters get to go, and swvc drops to
~$0.05 , leaving only 70% waiting to convert.
Then, down to ~$0.0250 , with only 60% still waiting.
Then, down to ~$0.0125 , with only 50% still waiting.
Then, down to ~$0.0064 , with only 40% still waiting.
Then, down to ~$0.0032 , with only 30% still waiting.
Then, down to ~$0.0016 , with only 20% still waiting.
Then, down to ~$0.0008 , with only 10% still waiting.
Then, down to ~$0.0004 , with only 00% still waiting.
All done, finally. Hope that didn't take too long.
Anyway, we're right back at $0.004 , exactly where
we started. And, ready for the next 1,000x Reversi,
just in time, if necessary [unless swvc is BK].
So, swvc better at-least do a 1-for-1,000 Reversi, ASAP.
1 Big Reason + No Other Option to delay CEO overheating.
Note ; The above math also assumes that swvc can dig up
enough cash to delay BK, while the converters dump out.
That may Not be a reasonable assumption. If it's not,
it could get hot, by Christmas, in the far North.
extra, Sincerely. But just more short opinions.
By the way, when any stock reverse-splits, it Must pick
a new symbol [which is Not required for forward-splits,
or stock dividends (under 100%)]. Maybe the CEO will let
the common longs 'vote' for the new symbol, just for fun.
P.S. ; There is only 1 reason 'why penny stock, scam artist
CEO's do reverse splits' when their common 'shares' sink
to $0.0001 , and they need to keep diluting, to keep getting
more cash, to pay their salaries + cover 'business' losses ,
Forever. This a road well-traveled, by all desperate CEO's,
who are afraid that their pretend Wall Street game, is
about to be scorched, and there is no other American fix.
swvc does Not have Any 'alternative energy holdings' ,,,
or even any 'old-shell-deals' to maybe get some;
Because :
THEY WERE NEVER LISTED (OR EVEN MENTIONED)
IN ANY OF swvc's PREVIOUS FILINGS WITH THE SEC.
IT'S ILLEGAL TO HIDE ASSETS AND/OR DEBTS FROM THE SEC,
ESPECIALLY FOR A U.S.-BASED + CHARTERED COMPANY, THAT
OPERATES IN THE U.S. , AND
HAS 'execs' THAT ARE U.S. CITIZENS ,
THAT LIVE IN THE U.S. , [with seizable U.S. private assets],
AND PUBLICLY SELLS COMMON 'SHARES' TO ~4000 U.S. CITIZENS.
There is No Doubt that swvc common 'share'holders own
absolutely No Part of Any 'alternative energy holdings' ;
Although, it Is Probable that 1 Preferred swvc shareholder
PRIVATELY 'ACQUIRED' SOME RIGHTS TO SOME 'alternative energy
holdings' , as a part of the originally 'overlooked' , But,
Super-Toxic-Shell-Deal. Then, ONLY swvc common 'share'holders
immediately paid-off the $20+ Million of ~legally 'overlooked'
Super-Toxic Debt.
While their 100% ownership of swvc was Super-quickly,
[in way less than 1 year] :
reduced to 20% [as the CEO took a Never-Dilutable 80%], then
reduced to 9.8% [to 'buy-out' the wizeguyz 'family'], then
reduced to 4.8% [to 'buy-in' the NCH cash-burners+COO], then
reduced to 2% , and still sinking, every time the CEO gives
and/or trades away any new convertible CD's or Preferreds.
Bottom-lines :
1] If there is Any value in the 'alternative energy holdings',
swvc common 'share'holders probably own NONE OF IT; And,
they could only/possibly own 2% of it; Or less, if the swvc
has already [or ever will] give and/or 'trade' away any more
Super-Toxic+Floorless Convertible Anythings [including CD's,
or Preferreds, or Options, or Warrants, or whatever the
overlooking lawyers invent].
2] But, if the 'alternative energy holdings' are nearly
worthless cash-burners, with piles of hidden/overlooked
Pre-Toxic Debt; we expect swvc to 'acquire' ONLY the very
worst parts of them [probably 30%], by printing up another
pile of convertibles, that Only swvc common 'share'holders
will ever pay for [probably within 1 year]. [While the
'good parts' of the other 70% are Privately Retained by
whoever owns them now. Just like what happened when swvc
did NOT buy some parts of NCH, which now are profitably
'selling' who-knows-whats to swvc, at inflated prices.]
We bet that today's swvc PR is just the beginning of the
plan-man's Multi-Phased Campaign to get the swvc common
'share'holders to believe that it is 'worth' it for them
[Only] to 100% pay for the 'acquisition' of the worst 30%
of the 'alternative energy holdings' , and all of its
hidden/overlooked Super-Toxic Debt + more-cash-burners.
And, here's how he will do it :
He will claim that he, and only he, was able to arrange a
Super-Special-Deal, for swvc common 'share'holders, to
enhance the Intrasinking Value of swvc, by 'acquiring' the
tremendous future-value of some 'alternative energy holdings'.
And, it's a "win-win" , because he, and only he, was the
founder of the 'alternative energy holdings' company,
and only he knows how to eventually make it profitable.
extra, Sincerely. But, still just opinions, based on
proven historical facts, and swvc's SEC Filings.
P.S. ; TS was probably inventing 'alternative energy'
before algore invented global worming, and maybe even
sneakily cornvinced algo to run with it. Since algo was
unemployed, and finished inventing the internet. [The
above is Not a 100% joke, because some political-scientist
obviously gave algo both of those 'ideas'.]
Retail COULD EASILY pick up 600 million shares since july...
Since, the average volume-weighted price of swvc common,
since 30june is Less Than $0.0010 , [and dropping fast].
So, that's only $600,000 [ = $.001 x 600,000,000 'shares'] ,
for 2/3 of 1 month, which is an average of $900k per month.
But, in the last 10 months, since the swvc pump in
September 2007, swvc retail longs have unvested
at least $30,000,000 ; which is $3,000,000 per month.
Therefore, it seems obvious that all of the converting
dump is easily being sopped-up by the still-averaging-down
swvc common longs. It's less than 1/3 of what they have
been happily absorbing for the last 10 months. And, most of
the longest-term biggest fans still claim to be holding
All old shares, and averaging-down, faster than ever.
And, if they keep mopping, at even their reduced current
rate [in Dollars, NOT in common shares], for just 4 more
months [until Thanksgiving], they will have inhaled ALL
of the currently-known convertibles. [But, NOT counting Any
of the 80% NEVER-Dilutable Floorless Toxies that the CEO
'voted' to award to himself; WITHOUT Pre-'INFORMING' ANY OF
THE OTHER swvc commoners, that they were about to be diluted
from 100% , all the way down to 20%, in 1 swell foop.]
Besides, only retail guys trade swvc through Brokers + MM's.
The Big-guys + Pro's [like Cornell], only buy Super-Discount,
High-Interest-Paying, Floorless+Toxic CD's; directly from
the swvc CEO + his over-looking lawyers.
extra, Sincerely. But, just some more short opinions,
based on published + Filed Facts, as usual/~always.
P.S. ; To kgeezy: If our Math is way off, please correct us.
Our group of early retirees includes no math majors. And,
we only have a few with Ph.D.'s in Econ + Physics + Business.
14-15 months, pps = .0001 per common share w/no rs...
Assuming copi can get more short-term loans at 40+% interest.
Otherwise, .0001 by Christmas, 2008.
The proof is due in the 10-Q, within 1 month.
swvc shorters will never need to cover,,,
because, swvc's trading float is only $800k ,
[and sinking fast], BUT,
swvc still + currently owes
The Floorless Super-Toxic CD-converters
MORE THAN $3,000,000 MORE IN FLOORLESS CASH ,
ALL CONVERTIBLE AND/OR SHORTABLE, AS OF YESTERDAY.
It's obvious what will happen, because,
it already is happening, for the last month, at least.
AS CONVERSIONS FLOOD INTO THE SEAWAY TRADING FLOAT,
AND DOUBLE THE NUMBER OF FLOATING swvc's ,
THE TOTAL 'VALUE' OF ALL FLOATING SEAWEED DECREASES.
This is even worse than what would be predicted by
basic market-valuation theory; which says that,
if trading shares double, each 1 should lose 'only' 50% .
The reason for this 'departure from theory' is that ;
the old longs are Not averaging-down fast enough ,
to sufficiently pay-off the converters + shorters.
So, the seaway stinks, due to never-ending toxic dumping ;
which causes the price of swvc common 'shares' to sink ;
much faster than theory would predict, if the old longs
would only keep eating the new nutrients fast enough,
and grow + multiply, like they used to.
What we have right here, in seaway city,
is a failure to multiply, due to the extinction of
the cash of the big longs. Compounded by the outward
migration of most of the old longs. Some of whom claim
to be buying, but the shorters know better.
Anyway, it's not really that complicated, or unexpected.
swvc deliberately signed-up for as much death-spiral
'financing' as possible, as quickly as possible.
And, all of swvc's 'businesses' always burned cash,
even before the U.S. Economy entered the upcoming
multi-year Recession, which is always worst in an
already-permanently-depressed micro-region, just like the
land-locked one where swvc deliberately chose to swim.
extra, Sincerely. And, just more short opinions, as usual.
P.S. ; Our bet is still on a 1-for-1000+ Reverse-Split ,
which saves time+money to increase Authorized's massively
and frequently. And, it must be soon, for 2 reasons :
1] The 2.5 Billion currently-Authorized will be used-up
by next week, if they aren't already.
2] swvc will sink to $0.0001 soon, and the converters
will Not Allow That, because they won't be able to dump.
P.P.S. ; Regarding the plan-man's 'secret' buy-back,
after he sneaks swvc's 'price' down to $0.0001 :
It's Not Legal, for 2 reasons :
1] It's Illegal for a 'company' to deliberately 'plan'
to cause its own stock price to crash.
2] It's Illegal for a 'company' to 'buy back' ANY of its
own 'shares' , without Early Warning, that includes the
maximum $ value, and Time-Frame.
And, swvc has No Cash to buy Anything Back. They don't
even have any cash to buy Inventory for Hackers, or to
qualify for On-line sub-prime buying of Hackers Totally
Mortgaged Inventory, that is temporarily stored in
Hackers rented where-is-it-houses.
1 Billion swvc's only cost $400k today...
Several of the old retail longs have already admitted
to losing more than that much, just since the last pump.
And, they also claim to be still averaging-down.
So, ~ALL of the recent 1 Billion conversions+dumps
are ~All being scraped up by Retail averaging-downers.
No Real+Big Investor would buy Any swvc at Retail.
And, at this point, they would not even buy a
Super-Discount + Super-Toxic Floorless CD , because,
there are at least 8 converting CD's on line already,
that will always be Permanently Ahead of Any New CD buyer.
From now on, swvc can 'trade away' CD's, FOR NO CASH ,
to 'acquire' more debt-ridden + cash-burning 'businesses'
from newer friends. Because, swvc has already 'acquired'
every always-money-loser from all of their old friends,
right after swvc 'acquired' all ~BK 'businesses' from
their own family.
A few 'predictions' :
1] swvc will do a 1-for-1000 Reverse-Split , very soon ,
2] which will delay the need to raise the Authorized's ,
3] and the 10-Q will be late [or never] ,
4] to extend the time for converters to dump as many more
5] as the retail averaging-downers ever want to collect.
Meanwhile, swvc will remain a shorters paradise,
but a bad bet for all longs, including flippers.
extra, Sincerely. But, just more short opinions, as always.
It's not nearly over yet....
98% of the convertibles are still waiting on line.
And, enough of the longs are still averaging-down,
and even proudly announcing their weak weekly buys,
of the latest daily dumps of swvc all-time-cheapies,
at the latest daily chart-confirmed double-bottoms.
swvc is crashing so fast, that there is not even enough
time to bounce side-ways long enough to look like
a triple-bottom, or a three-legged-dogi, or whatever else
only the chart fans can ever see, with their third eyes.
Anyway, swvc has crashed so fast, that most of the 4000
longs don't have even enough seaweed to sell, to even cover
the dumping fees; which is normal for pinkys after 1 year ,
even without 10x dilution, and another 50x overdue.
Only the longs who keep averaging-down have enough 'shares'
to cover the sales commission. And, after today, it looks
like some of them are finally ready to try to retail-dump
in the next few days. But, it won't work, because the MM's
'best' + biggest repeat customers always get to dump first.
And, they still have 98% of their dump loads remaining,
and already lined up, for the last month, idling, and wasting
gas, and profits for the MM's. They ALL Must Be Dumped
BEFORE swvc goes BK. Otherwise, NEVER. And All MM's lose
their last chance at profits from dumping swvc converters.
extra, Sincerely. And the usual opinion stuff.
P. S. ; Even the shorters will have trouble cutting in line
to sell short, ASAP + AMAP, in the 'normal' retail way. So,
they will probably just try to find an off-shore Broker, who
never 'worried' about NSSing for 'customer service' + profit,
and never did, and never will. Especially since the SEC has
No Jurisdiction; and never really cared about pinkys [or
pinky-clones, like swvc], except to warn All Real U.S.
Investors to stay away from All sub-penny seaweed. [By the
way, MM's could Always Legally Naked-Short, and still can,
and always will; Because, that is the main job of a
'Market Maker'. He Must 'balance' the flow in the seaway,
even if he has to 'sell' invisible + pre-sunken 'shares'.
P. P. S. ; swvc will probably Reverse-Split, by at least
1-for-1000 , within days of swvc hitting $0.0002 , to try
to let their best friends + family guys convert for a
little longer. But, Cornell + his friends won't be happy.
And, when Cornell is unhappy, seaweed flies, deep + wide,
wrapping around the most deserving knees, even if they
try to run for fun + profit. And, if they try to carry
heavy back-packs of pre-cut seaweed, they can't run as
fast of far. This should all make interesting local and
regional news; especially with the upcoming family election,
and the economic hit from the extra 600 unemployed.