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.
If we were a copi 'customer' , we would call Verisign,,,
and demand a 4% cut in our rates, Automatically,
Every Future Month, and here's why.
According to "Moore's Law" [just google it] ,
automatic computer 'services' should drop 50% ,
Every 18 Months, Just Like It Has Already Done,
for the last 40 YEARS.
So, here's the math + logic :
If your rate is cut 4% , Every Month, Compounded Monthly,
After 18 months, your rate will be :
(.96)x(.96)x...x(.96)x(.96) = 48% [after 18 months]
Verisign IS High-Tech, and cutting edge, and runs its
business Based On Planning For Moore's Law To Continue,
UNLIKE copi, which can't even make a penny if rates stay
constant, and no competition ever appears.
Verisign will give you the 'deal' to cut your rates,
at least 2% per month. If not now, then soon. Because they
will force it on copi. And copi must play, or go away.
And, no customer would even notice, because Verisign would
just keep their computer turned on, and mail out the usual
monthly bills, and keep All revenues, instead of mailing
50% to copi, for doing nothing, and still losing cash,
faster, every month, as rates drop, Which They MUST.
extra, Sincerely. But, just our short opinion, as always,
Based on Scientific Facts + copi's own SEC Filings.
copi is Down 50% in the last 5 days,,,
and the longs are still copying old news spins.
Because there is no good news. The 10-K is out.
It shows a Decline In Revenues, for the latest Quarter.
And, the copi 'execs' already said that 2008Q1 + Q2
will Not be profitable, even with the 2 top copi's
'deferring' their salaries. [And, in Q3, they'll be back
to full salary, Plus, Payback of the 'Deferred' Salaries.]
IF the float has been not been diluted in the last week,
then it is obvious that the big-posting longs Must be
unloading. There is no other reasonable explanation.
A few months ago, they did a 'survey' , and claimed to
be holding 60% of the tradable shares.
Those big-buy+hold+average-down longs Must be dumping,
and averaging-out. Unless, it's those nasty Short Flippers,
feeding M&M's, to their Naked Brokers, as usual.
Bottom-line.
copi can't possibly report a profit for at least 12 more
months. By then, their 'prices' will be down 40-60% ,
according to "Moore's Law" , and that assumes no new
competition arrives, [which Verisign could easily do].
[Verisign already does all of the 'work' , which is,
keep their computer turned on, and collect all copi's
'revenues' , and keep half, as pure profit.]
The handwriting is on the monitor, attached to Verisign's
Computer, in a 100 square-foot closet. While the copi
common 'share'holders pay the rent, for 6 copi 'employees'
to relax in their 9,000 square-foot, temporarily-rented,
offices, with valet parking for their leased sports cars.
extra, Sincerely. But, only our short opinion, as usual.
[Try to picture the 6 copi crew, chatting in their
Conference Condo, watching their unpaid helpers blog 24/7.]
copi has lost 50% per month, since the pump to 0.11
The only 'sideways trading pattern' we see, since the pump,
is, ~sideways-to-down 10% for 4 weeks,
followed by almost straight down 40-50% in the 5th week,
with only 1 useful flipper upswing since the January pump.
So, we are also waiting, for the next 40-50% copi crash,
which is due in about 4 weeks. Until then, copi should
just keep drifting down about 5-10% per week.
And, it makes sense, because no more SEC Filings will be
due for 4-5 weeks. And, according to copi's own
projections, it should be another loss. Even as the
2 top-copi guys keep 'deferring' their salaries.
Probably due to lack of cash, that's needed to pay
All of the other copi 'staff' , which consists of
4 more employees, in a 9000 square-foot office,
according to copi's own 10-K.
What could they be doing in there. Verisign does 85+% of
all of the useful work at their own place. And, Verisign
makes nothing but profit, while keeping ~50% of All of
copi's 'revenues'. While copi just keeps losing cash.
The copi-Verisign 'partnership' is great.
[For Verisign, Only.]
And, don't forget 'Moore's Law' . The price to have a
computer do all of the work of bouncing telemarketer tries,
off of a do-not-call database, will continue to drop 50% ,
at least every 18 months. Moore's Law is so reliable, for
the last 40+ years, since computer chips were invented,
that it is the basis for all new computer R&D.
For example, if a researcher discovers a new way, to make
All Computers TWICE As Fast, the Computer Company won't even
bother to work on it, if it can not be developed + tested,
and out on the market, Within 18 Months.
Amazing, but true. [Just google "Moore's Law" .]
extra, Sincerely.
But, just our opinions, based on facts, as always.
Just for fun, lets say that all O/S Trading shares,,,
except 1 , are bought back, but none of the other
Fully Diluted Convertibles are bought back.
Do you really think that the Trading Price of that
1 remaining common share would equal 100% of the total
actual value of swvc, As If No Convertibles Existed ?
If so, thanks. It makes it much easier for shorters.
It is clear that most penny/pinky/ponzi unvesturs
actually believe that fantasy.
current market cap of $134,225,000
ridiculous......
Because :
Market Cap = (share price) x (# of Fully Diluted Shares)
thus, for swvc, we have :
$134,225,000 = $0.059 x 22,750,000,000
And, Real Stocks, in low tech industries, have P/E's of ~18.
So, swvc must be earning ~$7,500,000 After Tax Per Year,
Today. Otherwise, it's overpriced.
swvc really is different from most penny stocks...
Unlike shells that have no debt, and no cash-draining
'businesses' , that are stuck in small depressed regions,
during the start of a recession.
And swvc's big 'dream' , is to 'acquire' more money-losing
shops, in other nearby depressed regions, and acquire even
more debt.
All will be obvious in the 10-K. If swvc can't make 6%
pre-tax profit on its Gross Revenues, then seaweed sinks.
All of their shops have been 'operational' for many years.
So, if they don't show a profit in 2007, they never will.
And, they will lose more + faster in the upcoming downturn
of the economy.
By the way, the CEO got personal cash by selling his
wize-guyz to swvc common shareholders, Only. They paid
for everything. And, the common shareholders paid everything
for the toxic shell. And, it was the personal fiduciary
responsibility of the CEO to KNOW that the toxic legacies
could NOT be paid off early. Besides, swvc never had the cash
to do it, [but the CEO did, from selling stuff into swvc,
for cash]. Then, the CEO signs up for so much more + complex
toxic debt, that no long has a clue what the Fully Diluted
share structure is, or what is being added. And, they can
never vote on anything. And, all of the CEO's 80+% 'share'
of All of swvc's Votes + Assets is TOTALLY UNDILUTABLE.
We estimate that U.S. Taxpayer longs have lost at least
$50 Million in swvc, since the first pump, 10 months ago.
If I were ever long in swvc, I would be looking for the
first proof that any swvc-toxic-shell-legacy-pay-off
'thank-you' cash goes Anywhere, Except Straight Into swvc,
Immediately. [Which may be why swvc + all its best friends
are All late in Filing, All of their 10-K's.]
And, if it is Not All Reported, In the currently-late 10-K,
we would have our Accountant + lawyer + PI, start sniffing
into this funny smelling pile of seaweed. After all, it is
worth up to 33% of $50,000,000 to any average class-action
specialist team. And, for $16+ Million, they have plenty of
time to 'talk' to outside helpers of the swvc pump&dump,
especially the early longs, who may be sitting on profits
now, and/or already cashed them in, even if they already
left, and especially if they didn't, yet.
extra, Sincerely. But, just our short opinion, as always.
Also, this info is already saved + forwarded to those who
care. Since it is on-topic + important, and even more-so
if it somehow disappears.
syd; copi is dropping 50% per month, since the pump...
Here's the Factual History :
1] copi was 0.110 in late January [Peak of the 11x Pump]
2] copi was 0.055 in late February [Down 50% in 1 Month]
3] copi is ~0.027 NOW [Down Another 50% in ~Another Month]
4] copi was 0.010 4 months ago, Before the 11x pump,
5] which has been proven baseless by copi's recent 10-K.
6] copi already said they will lose again, in 2008Q1,
7] and they know it NOW, because 2008Q1 Ended 2 DAYS AGO.
8] And copi is only trying to be 'cash-flow-neutral' in Q2,
9] and only by 'DEFERRING' SALARIES of the 2 'execs' ,
10] out of a Total of 6 employees ! [gimme a break].
11] [time-out to LMAO].
12] Thanks.
13] So 2008Q2 will be Another CASH-BURNER. [If any is left.]
14] Then, in 2008Q3, copi is supposed repay the 'Deferrals',
15] so, we expect Q3 to be another Cash-Burner, and
16] copi won't even tell commoners until late November '08.
Bottom-line, especially for syd, [and most real copi longs] :
Don't worry about 'driving the price of copi down' .
copi is very good at doing that, ALL BY THEMSELVES,
with or any without help. And, even the helpers right
here aren't helping. Mostly just replays of old + outdated
'news' , with extra spins + 'analyses' that are now directly
refuted by copi's own SEC Filings + PR's.
Like today's PR, which proved : NO 6 Billion calls, and
NO 3 Billion calls. ONLY 0.544 Bil for the WHOLE YEAR,
and, ONLY A SMALL INCREASE FROM THE PREVIOUS WHOLE YEAR,
so, NO "EXPONENTIAL" GROWTH [except in copi pumping].
Here's today's PR proof :
" The Company’s revenues for the year ended December 31, 2007 increased by 23.2% to $1,814,884 from $1,473,775 for the corresponding period in 2006. This increase was largely attributed to greater revenues from the sale of its core product, TeleBlock, and was due to an increase of approximately 189 million call counts over 2006 call counts. Total call counts in 2007 increased to approximately 544 million, reflecting the Company’s marketing strategy to target higher volume telemarketers by offering a VIP rate, recognizing that there would be a reduction in per-call revenue. The Company believes this will be a continuing factor in its growth. "
Also, as we posted previously, and copi now admits above,
copi's 'rates' are Dropping, Fast. As expected. In the
entire IT/computer industry, PRICES DROP 50% EVERY 18 MONTHS.
It's called "Moore's Law" , and it still works. [Try Google.]
Thus; anyone who waits a month to sell their crashing copi ,
will probably get 30-50% less, per month, as copi continues
back down to 0.01 , where it was , just a few months ago,
before the 11x pump, which is now proven by copi's 10-K ,
to be Based On Absolutely Nothing Meaningful.
By now, it should be very clear, that copi is only a
'money-maker' for lucky flippers, and all shorters, and
the 2 deferred salary guys, when/if they collect quick enough.
extra, Sincerely. But, just our short opinion, as always.
By the way, we know that all copi-comm is being saved by
those who should care. We checked. Keep up the good work.
nuff sed. We estimate that the last 3 months of copi-hype
has already cost U.S. Taxpayers ~$6 Million. And, as copi
keeps dropping to ~Zero$, the commoners will lose another
$3 Million, at least. [Note, those losses above include the
'deferred' losses, of those who think that they don't lose
until they sell their penny/pinky loser. Which is not true,
of course. Only the IRS cares if you sell. The losses are
Real, in Real-Time. Ask any Real accountant.] [Because,
if you never sell a penny/pinky loser, and it goes BK, does
that mean that you have no loss, because you never sold ?]
When wnbd goes below 0.026 ,,,
it will be back below 0.018 ,
shortly thereafter. [Breaking 0.031 was great.]
Looks to be all set up for another good flip,
starting with a safe, ~3-day, 30% short profit,
followed by a riskier ~10-day, 50% up flip.
It is our understanding that All swvc debts are subordinate
to the Wells Fargo Loan. And, CANNOT BE PREPAID, UNLESS
THE WELLS FARGO LOAN IS FULLY PAID OFF. We assume that
already scheduled payments of interest + principle are OK.
But, no accelerated payments, including those caused by
default on other loans.
Thus; this statement :
"Some if not all of the debt owed to YA will be paid by a
cash distribution being made by Greenshift to the CEO of
Seaway."
Makes no sense.
And, the YA debts of swvc can Not be prepaid, by swvc,
before the Wells Fargo Loan is fully paid off.
Although, the YA loans could be prepaid by some outside
Fairy Godmother, if none of the cash flows through swvc.
Which is Not Very Likely, in our opinion.
Also, swvc will definitely have losses for 2007 ,
and 2008Q1 . They even specified the 2008Q1 loss
right In The WF Loan Document.
Here's a copy of that part :
(b) Minimum Net Income (non-cumulative). The Borrower will achieve, for
each period described below on a non-cumulative basis, Net Income of
not less than, or Net Loss of not more than, the amount set forth for
each such period (numbers appearing between "< >" are negative):
--------------------------------------- -----------------------------------
Quarter Ending Minimum Net Income/
Maximum Net Loss
--------------------------------------- -----------------------------------
March 31, 2008 <$512,553>
You 'dd' guys really should read the Official + Legal SEC
FILINGS, and ignore the swvc PRs.
extra, Sincerely. But, just in our short opinion.
BBD; their 'contributions' are most appreciated,,,
by copi shorters + flippers. And, most accidental readers,
who may have been potential new copi unvesters, must have
no problem noticing that the copi fans continuously re-posted
copi 'news' is months old, and has even been reversed by
copi's latest Filings.
We have noticed that no new copi unvesters have bought any
copi's lately. Although, the older longs, who bought way
too many, above $0.060 , keep saying that they keep
'averaging down' . Since copi keeps dropping, fast, it
is not hard to notice that the over-paying longs are not
'averaging down' fast enough.
Bottom-Line, for the 'price' of copi common ' shares' .
Continued shrinkage of 20-50% per month, just like the
last 2 months, since the pump, which has now been shown
to be meaningless, by last week's 10-K.
And, in our short opinion, we expect copi to quit trading
in less than 13 months, as all common 'shares' go to Zero,
and go away. Just ask the copi 'execs' why they are paying
an Investment Banker, for 3 months + Free Shares, in advance.
Companies pay 'Investment Banks' for 1 of 2 reasons...
1] When the company wants to BUY something, like another
company, or a controlling percentage of another company,
or take-over another company, sometimes via toxic CDs.
[But, copi loses money, and has no extra cash to buy
anything. They can't even pay their own salaries, and
have admitted to deferring ~50% of them, for at least
1 year, starting last July.]
So, for copi, that leaves only Door #2, which is:
2] When the company wants to SELL something. Especially
when they need to sell something Fast, because it's losing
value Fast. Sounds a lot like copi. Its current revenues
have Real value, especially since Verisign does all of the
work, and Verisign is not headed for BK. But copi could be.
And, we believe that it will be within 1 year, especially
after reading the Factual parts of copi's 10-K.
So, we think that copi is trying to hurry up, and get
bought out by Verisign. The sooner they do, the more cash
will go to the copi Preferreds, who MUST BE 100% PAID OFF,
BEFORE ANY COMMON SHAREHOLDER GETS 1 PENNY. Sometimes, the
selling-out 'executives' even get jobs with the buyer, often
overpaid, and usually for a short 'transition/integration'
time period [3-12 months]. These 'job contracts' are part of
the 'selling agreement' , [and why the copi 'execs' may have
hired the Investment Banker]. So, the sweeter the temporary
jobs, the less cash is 'available' to 100% pay back the
Preferreds. And, if the Preferreds are not 100% paid off,
All common shares, combined, get Zero.
Since copi only hired the IB for 3 months, they probably
expect 'the sell-out + new-job deal' to be all done, within
3 months. Only AFTER All Is Finalized + Signed, will the
common shareholders First Hear that near-Zero cash is
'available' for all 132 Million common shares to share.
While 'negotiations' are on-going, copi will be having a
'quiet time' , [and quite a time]. So, don't expect to hear
anything about that topic, until it's too late. copi only
mentioned their hiring of the IB, because they Had To,
because they are Paying Them Shareholder Cash, And, Giving
Them Free Shares.
Let's see if the copi fans can do some Factual 'dd' , and
try to get the copi 'execs' to admit, 'on the record' ,
that they Did NOT Hire the Investment Banker to sell Any
Part [or All] of copi. So far, the copi fans have just been
lead to 'assume' , all by themselves, that the IB was Only
hired to help copi 'acquire' something [for zero cash, while
the IB made copi pay up-front, just like a BK Lawyer].
extra, Sincerely. But just our short opinion, as always.
P.S. ; If 'the deal' goes through, and All common shares get
Zero, and copi evaporates in Verisign [or anywhere], shorters
Never even have to cover, and save the close-out Commission,
and collect their 100% Cash profits from their Broker, on
the first day that the copi 'execs' become Verisign workers.
The "Fair Value" of swvc is explained below...
It's not difficult to determine if a stock is overvalued.
For example, swvc is $0.0062 per share [today]. And, there
are 10 Billion Fully Diluted shares [today, at least].
[ONLY Fully Diluted counts, and Only if it is relatively
STABLE. The Outstanding Float is totally meaningless to
Real Accountants, as is the Authorized but uncommitted
shares, BUT, shares needed for Options + Warrants +
Convertible Preferreds All Count, 100% , as if they were
already issued, because they actually are, and must even be
Fully Covered by Authorized Shares.]
So, swvc's Market Cap[italization] is $62 Million [today].
[Which is $0.0062 x 10 Billion Fully Diluted.]
For a low-tech, low profit margin, business, like retail,
[unlike Google, or Apple, or Microsoft], the Market Cap
should be about 18 times After Tax Earnings, otherwise,
it is better for a Real Investor to buy T-Bills, with
Zero risk.
Real Companies pay about 33% Income Tax. So, 18 times
After Tax Earnings, means that the low-tech company is
worth no more than 12 times Pre-Income-Tax Earnings.
So, $62 Million Market Cap is "Fair Value" for swvc, only
if it is currently [or very soon will be] earning about
$5.2 Million per year, after all expenses, including all
salaries + bonuses + payroll taxes + employee benefits +
debt-interest payments + rent + utilities + maintenance +
cost-of-goods + etc + etc. [because 12 x $5.2 = $62].
Let's see if swvc is on the road to $5.2 Million per year,
in Net Earnings, after All Expenses, excluding Income Tax,
based on what it now owns. [Not based on what it might
'acquire' , because that comes with more costs + employees,
etc.s]. swvc has 9 stores, so, the average store must make
$580,000 per year profit, which is $1,600 per day, average,
for 365 days per year. After all expenses [except income tax],
a low-end retail store is lucky to make 4% profit. [A well-run
grocery store makes only 2%.] So, the 9 swvc stores must be
well-run, and each sell $40,000 per day, for 365 days yearly.
If they are open 12 hours per day, that's an average take of
about $3,600 per hour [including sales tax], or $60 per
minute, average. For every minute that every one of the 9
stores is open.
Maybe one of the swvc-fans can do some real 'dd' , and go
check how fast the cash registers ring.
Or, working backwards, swvc has a $5 Million Inventory Loan
line of credit, but is only using $2 Million, so, let's
call it $2.7 Million, for 9 stores. That's $300,000 each.
But, for swvc to be "Fair Value" at $0.0062 , each store
must sell $40,000 per day. So, the $300,000 Inventory must
be 'turning over' every 7.5 days x 2 = 15 days, assuming that
the stores sell stuff for 2x their wholesale cost.
Given all of the above, we conclude that swvc is currently
over-valued by at least 3x. And, that is only if swvc already
had the average profitability of an average retail store,
And, the Real Investor had confidence that swvc would Never
Dilute Again, And, No Insider Owned Anything UNdilutable.
extra, Sincerely. And our gift to store in the iBox, ioo.
Our guess is that the 'new CPA' quit,,,
just like the 'old CPA' , 'on February 8th' .
And, probably both for the same reason.
They won't sign off on last year's toxic shuffle dances.
And risk losing their license, and entire practice,
and be personally financially liable, for 'overlooking'
something fishy, in the toxic paper swamp.
Could be that the genius CEO, with all of his 'experience'
in the 'financial world' , tried to dance over a few
too many solid lines, that he thought were dashed,
and thought that 1-out-of-3 CPAs would fall for.
Or, maybe he's just smarter that all of the CPAs within
driving distance of Far North New York, in winter,
when the road is snowed over.
This is seawhy's First 10-K, covering less than 6 months,
with No Business in 3 of them. And, they've already had
3 months, to add up the cash-register rolls from Only The
Previous 3 Months.
This is more than a 'Red Flag'. It's Red Skys At Sunset.
And, it's not nice to try to fool Mother Auditor[s].
If they are not Independent, they lose their independence,
fiscally + physically. Further, even this board has suspected
that there is still some 'financial connection' between
this used shell + its new stuffings, and the old 'friends'
that sold swvc the old toxic shell, and other stuffs.
We suspect that swapping swvc's may be suspended, if this
1-and-only extension is skipped over.
extra, Sincerely. But, just our short opinion, as usual.
And, just as on-topic, as the other opinions, that pretend
that this is 'no big deal' , and another great opportunity
to keep averaging down. swvc is Down, more than 90%, in just
the last 7 months. So many opportunities, in so little time.
Save this post. We are. Others may need it soon.
cabos; As a successful business owner,,,
you know that you can't have Only 1 supplier,
especially if you have always lost money, [like copi],
and have only 1 'product' , which is 100% dependent
on an old software 'patent'. [More on that later.]
Similarly, you can't have Only 1 customer, [copi has VeriSign]
as GM proved for years by squeezing the profits
out of all of their suppliers, until they were
on the verge of BK. And, then, bought them cheap,
or outsourced overseas + dumped them. GM had to do it.
Their captive suppliers were trapped, like copi is now.
Now for copi. It loses money + always has.
Without VeriSign, copi would be BK in 2 months.
If they try to leave VeriSign, they have no revenue,
and huge monthly bills, and no cash, without more massive
dilution and/or toxic loans [which are the same thing].
Now for VeriSign. It is a very clever company. They 'bought'
Network Solutions for No Cash; just swapped their stock,
and their shares then dropped 90+%. But VeriSign still
owns the old NSOL. {However, the seller of NSOL was even
smarter. They bought NSOL for $50 Million, and did an
IPO + a Secondary Offering + collected $2 Billion in
profits in 3 years. Then, traded their remaining 22% of
NSOL for 11% of VRSN, at the Peak of the dot.com bubble.
Then, they hedged their VRSN [sold short], until they were
able to dump all their VRSN, which had been restricted
for a year or two.} {The NSOL incubator was itself a private
company, which is now public as SAI. And, VeriSign's CEO came
directly from SAI. And, hundreds [+?] of SAI employees
retired, as multi-millionaires, in their 40's , right after
their [then private] shares of SAI doubled, in 1 year,
after rising ~25% per year, for the previous 30 years.}
So, in our opinion, here's the trap that copi crashed into.
VeriSign, by now, probably knows more about copi's old
software than copi. And, could write a better program in
a weekend. And, has lawyers that write-up patents, and know
how to circumvent old software patents. Especially, If They
Write A Much Better + Brand New Software 'Program'. The
'data base' is not even owned by copi. It's the 'Do Not
Call List' , that is owned by the U.S Govt, and updated +
maintained by the U.S. Govt [probably using subcontractors,
maybe even VeriSign or SAI].
VeriSign has several options. All are bad for copi.
The only differences are, How Bad + How Fast. Here's a few.
1] VeriSign does nothing, for a while, and keeps collecting
~50% of All of copi's 'Revenue' , which is All Profit to
VeriSign, while copi pays for All Expenses, like marketing,
and software fixes, and data base updates, etc, etc.
2] When the copi contract with VeriSign is 'up-for-renewal' ,
VeriSign will make copi drop its rates to telemarketers,
[who are now, incidentally, All New VeriSign Customers],
'due to new competition' from 'other companies' that are
starting to 'offer a cheaper + better call-block service' .
But, VeriSign won't drop its cut nearly as much,
so, copi's 'margin' crashes, probably 50%, overnight.
3] And, if copi refuses, and/or tries to leave VeriSign,
VeriSign rolls out their newer + better call-blocker, and
sells it to all of copi's old customers, who don't even
know they were copi customers, because they only pay VeriSign.
4] If copi caves in, [because they must], Verisign just keeps
collecting 75% of copi's 'Revenues' , until it's time to
'renegotiate' the next new 'contract'.
5] At first, we thought that VeriSign might buy copi, cheap,
since it is already on the ropes, in debt + losses. This,
bare-bones 'buy-out' would, of course, leave absolutely zero
cash on any table [or floor] for any copi commoners, and
probably not much for the 6 copi 'employees'. But, why would
VeriSign even bother. They could just roll out their better
call-blocker, and get a better patent, and keep copi away
from VeriSign's newest customers, and not depend on a nearly
BK penny-stock for anything, and keep 100% of all 'revenues'.
Most Sincerely, extra [But, just our retired opinion, really.]
P.S. ; to cabos [Your website is great. Read every page.
And, will definitely visit, if/when within 200 miles.]
'Too many folks including YA, WF' want to get paid back, ASAP.
Karin; We agree, regarding copi 'problems' ...
But, disagree regarding shorting penny stocks,
that have recently pumped, and keep sinking,
and have never made a profit, and must keep
diluting, to cover continuing losses.
And, as the copi mods keep reminding all of us,
almost every Quarter, copi keeps saying that they
hope to be 'cash-flow-neutral' eventually. And,
every time copi says it, the 'neutral' date moves
further away.
And 'cash-flow-neutral' Always comes way before
'permanently profitable'.
And, until permanently profitable, copi must
continuously dilute All + Only common shareholders.
Otherwise, copi burns their last few months of cash,
and goes BK, or has a fire sale, where All commoners
get ~Zero, according to any meaningful analysis of
copi's Filed Financials + Share-Structure, that is
so grossly overloaded with Convertible Preferreds,
that Must be 100% paid-off First, and even collect
[or accrue] interest at 12%. And, a $150k loan, accruing
at 18% is even in front of the copi-Insiders' Preferreds.
[It's In copi's latest Filing, but Not in the iBox. Y not?]
copi has reported many useful facts [hopefully] last week.
And, shorters are acting on those facts. While copi fans
try to spin them, as always.
Shorting is just as legal as longing. And, shorters don't
destroy anything. They just minimize the cash-removing
super-car 'benefits' that the 'execs' think that they
'earned' by selling new 'shares' to longs, while 'running'
a 'company' that has never made 1 penny.
And, Karin, we also agree, that if the copi 'execs' had any
confidence in their 'management' abilities, they would
own ONLY common shares, and quit voting themselves
interest-paying 'Preferreds', that own more than 80% of
All copi votes + assets, no matter how may more common
shares they vote to float. While All commoners, Never Vote,
on anything, ever.
Shorter appreciate copi's latest SEC Filing. It actually
admits that copi IS NOT A GOING CONCERN, and
MUST KEEP BORROWING MONEY [most likely via continued dilution]
and won't even possibly be 'cash-flow-neutral' until Q4,
which won't even be reported for another year from Now.
And, at the next copi 'cash-flow-neutral' update/hopeful
'prediction' , we shorters also 'predict' that the date
that copi quits borrowing, will still be 'much later' ,
as it Always has been.
extra, Sincerely. Mostly iooo, as usual.
But, mostly Just Reported, in copi's own, signed SEC Filings.
[Shorters read them ASAP + act. While longs watch mods spin.]
wnbd is Totally NON-reporting, deliberately ,,,
and for a very good reason [or several].
wnbd already must file tax returns, and must submit
piles of financial info to suppliers, and 'customers'.
But, wnbd won't let any common 'share'holders see
any of those Already Completed Reports, which would
'cost' them Zero, to post. wnbd already paid to prepare them,
and give them to everyone they actually cared about. Which,
apparently, Excludes All wnbd Common 'Share'holders.
And, wnbd won't post a copy of their Already Existing
'Preferred Rules' , like all Real Companies MUST,
and, that would also 'cost' wnbd Zero, to post, anywhere,
in 1 minute. Because, they are already signed, and sitting
in a wnbd file.
We shorters keep betting that we know what's up [or down].
Why don't the wnbd mods call the wnbd CEO,
and get, and post, such basic info ?
Instead of photos of plastic soap bottles?
All of those much-more-meaningful financials are Free.
wnbd already paid to give them to everyone that
wnbd actually cares about. Except, wnbd commoners.
[ Why is this basic stuff so obvious to shorters,
but never in the iBox, and never a concern to longs? ]
[ Well, at least we are all happy with the status quo.]
extra, Sincerely. And, iooo, as always.
jonesi; The easiest way to profit in copi,,,
or any other frequently/over-pumped pinky/penny ,
is to just let their fans over-pump them,
and then short them, and then expose them.
And, there is nothing easier, than a penny/pinky,
that just Had To File A 10-K, like copi, Yesterday.
And their fans try to come right back.
So, we shorters just expose them again,
using their own CEO-Filed words.
It's almost too easy. But, it's always worth it. Especially,
if their 'company' + their helpers go away, ASAP + ALAP.
Some of us are not 'happy' with 'companies' who keep
causing U.S. Taxpayer Losses. Because, the rest of us
have to make up for their lack of 'dd' . As our taxes
go up, to cover their sub-prime 'unvestment' losses.
The RISK FACTORS are IN TODAY's copi 10-K...
They ARE copi's "Risks" , AT LEAST.
And, copi's CEO signed ALL Of Them.
Many may be part of other company's 10-K's ,
AND, because They MUST, under Penalty Of Law.
We shorters profit from biased Mods,
on penny/pinky sites, but, we always save + forward
their stuff, to those who sometimes care.
copi is a perfect test case.
It's 'in the news' since the recent dnc extension.
And, copi's pump&dump has ripped off $Millions of U.S.
Taxpayer Dollar$, in just the last few months.
And, copi's 10-k Filing, Yesterday, is 100% proof.
The IRS + SEC usually don't like that. And, they
appreciate being alerted to such games, Especially
when 'supported' by public blog-sites, that are
controlled by personally over-'investeds'.
We shorters usually profit, 50+% + within 2 weeks.
But, we Always report the biasers. And often win.
The copi mods are the newest winners.
extra, Sincerely. [Again, just our opinions, and our friends.]
P.S. ; This site will probably become 'balanced' , soon.
Please post Today's 10KSB 'Risk Factors' in the iBox,,,
since the copi CEO thought that he MUST Post Them
in Today's 10-K. They were MOST Important to the copi CEO,
and led to HIS Personal + Filed Projections, which some
of us consider to be Much More Meaningful, than any
misinterpretations of What He Actually Filed Today,
Under Penalty Of Law.
All further copi Mod deliberate confusions of the Filed
FACTS about copi are still being saved, and still being
sent, to the ones who care, [who said thanks for the info].
They, and we, expect unbiased public stock boards.
Especially with thinly swapped pennys + pinkys.
And, those who deliberately bias public penny/pinky boards,
especially as Mods, who help delete Factual corrections,
and admit to personal + large financial involvement, are
just as interesting to 'them', as the ones who write the
PR's + 10-K's + 10-Q's.
We expect the copi Mods to 're-balance' their iBox, ASAP,
to be in Full Accordance with Today's copi 10-K. Including
the 'negative' Specific Projections of copi's own CEO.
And, quit 'deleting' anti-copi Factual posts.
And, start deleting pro-copi anti-factual posts.
If not, why not?
We Report [to the SEC],
They Decide.
copi is not a fun-game. Novice U.S. Taxpayers have lost
Millions of U.S. Dollars, in just the last year. While
copi-Mods, with admitted large + continuing 'investments'
keep biasing the iBox + 'deletes' .
We shorters actually profit, MORE, under such 'bias' ,
and, it is out again, Today, after the latest copi Filing.
The constantly sheared copi longs should care, and report
such biases to those who could help recover some of their
ill-gotten-losses. We Always help them. And, they say Thanks.
copi is 'in the news' , thanks to the permanent extension.
Everyone [almost] hates TeleMarketers, and Every Company That
Helps Them. And, copi Helps Them. And, copi 'share'holders
keep Losing Money, and Fast, with the Extra Help of Mod-biased
'stock chatters' . We shorters keep profiting, but not nearly
as much as the copi share-printers [preferred + common].
But, we shorters always put Truth + Facts FIRST.
And, the longer the longs delay, the more longs pay.
There is absolutely no shortage of perfect-pinky shorts.
But, the best + fastest, are the ones 'in the news' .
extra, Sincerely.
And, just our short opinion, again. As usual, and always.
Today's 10-K says copi is NOT Profitable Now,,,
Here it is, showing that the CEO's projections for copi's
future 'profitability' are now worse than his previous
'cash-flow-neutral expectations' just 3 months ago :
**********************************************************
" The Company’s primary need for cash during the next twelve months is to satisfy trade payables, current operating costs and dividends due on the Series B Preferred Stock. Current cash flow requirements are expected to be approximately $242,000 per month, including payroll, rent, utilities, insurance, professional fees and dividends as well as the addition of a sales executive. The Company receives approximately $146,000 a month from its current customer base. "
" The Company’s two executive officers’ agreement to reduce each of their current annual salaries from $240,000 to $120,000 expires on July 1, 2008. These two officers exchanged $370,000 of deferred compensation for Series C Preferred Stock in December 2007. The December 31, 2007 balance of accrued executive officers’ compensation of $60,000 is being paid to one of the officers in equal amounts during the first six months of 2008. "
" Last quarter, the Company projected that it would be cash flow neutral by the end of the second quarter of 2008. This projection assumed a sales executive would be employed in November 2007, and that a new major distributor would be fully established. Delays on implementing these plans have forced management to reassess its expectations as to when cash flow neutral operations may be realized. Until cash-flow neutral operations are attained, of which there can be no assurance, additional capital will be required to finance current operations as well as any growth. The successful raising of $2.5 million from the sale of Series A Preferred Stock enabled the Company to fully repay and cancel its then outstanding secured convertible debentures and repay its officer collateralized $100,000 bank line of credit. The repayment of this debt and exchange of other debt for preferred stock have significantly reduced the Company’s anticipated financing expenses for 2008. The balance of the proceeds raised from the Series A offering will be used to fund the Company’s operating shortfalls over the next three quarters. "
[The above is copied from Page 22 of the copi Form 10KSB,
Filed 28 March 2008, for the Fiscal Year ending 31dec2007.]
***********************************************************
Here are the Most Important Parts, extracted + quoted,
from the last [ = 3rd ] paragraph above, BUT, with some of
the Most Important Words CAPITALIZED, so the iBox loaders
don't miss them, and accuse us of 'misunderstanding' the
Filed Words of their own favorite CEO :
" Last quarter, the Company PROJECTED that it would be CASH FLOW NEUTRAL by the END of the SECOND QUARTER of 2008. This projection assumed a sales executive would be employed in November 2007, and that a new major distributor would be fully established. DELAYS on implementing these plans have forced management to REASSESS its EXPECTATIONS as to when cash flow neutral operations MAY be realized...The balance of the proceeds raised from the Series A offering will be used to fund the Company’s operating SHORTFALLS over the NEXT THREE QUARTERS. "
So, to summarize :
1] copi has NEVER even projected any 'profitability' .
2] And, Never projected 'cash flow neutral' in 2008Q1 .
3] But, " Last quarter, the Company projected that it would be
cash flow neutral by the end of the second quarter of 2008. "
4] Then, " Delays on implementing these plans have forced
management to reassess its expectations as to when cash flow
neutral operations may be realized. "
5] So, TODAY, the CEO Filed This projection of Not even
being 'cash-flow-neutral' , until The 4th Quarter of 2008,
AT THE EARLIEST. [Which won't even be reported for 1 year!]
6] In the copi CEO's own words, Today : " The balance of the
proceeds raised from the Series A offering will be used to
fund the Company’s operating shortfalls over the next three
quarters. "
7] Note, it says : "OPERATING SHORTFALLS OVER THE NEXT
THREE QUARTERS" .
8] Which means; Guaranteed, NOT Even cash-flow neutral,
until The 4th Quarter, of 2008, AT THE VERY EARLIEST .
9] And, being 'profitable' comes Way After being Cash-Flow
'neutral' .
In view of the above best-possible-expectations, of copi's
own CEO, in his own words, filed Today; And, the CEO's other
important words, in the "Risk Factors" Section of Today's
10KSB [pages 10-13, 'Item 1A']; We expect at least 100%
dilution of the common shares, within 1 year, starting now.
extra, Sincerely. But, just our short opinion.
P.S. ; The iBox loaders really should copy all of those
"Risk Factors" into the iBox. Since the copi CEO thinks
that they Are Important. [And, they sound like the stuff
that we think is Most Important, which explains why they
never show up in the fairly unbalanced iBox. If we put them
in the iBox, they would all be Capapitalitalized, and
Italitalized.]
Here are just the Titles of the copi CEO's Most Important
"Risk Factors" , in His Own Words, in Today's 10KSB.
1] We Have Historically Lost Money And Losses Are Expected To Continue In The Future, Which Could Have A Significant Negative Impact On Our Financial Condition
2] Our Independent Auditors Have Added An Explanatory Paragraph To Their Audit Report On Our Financial Statements, Indicating Various Factors That Raise Substantial Doubt About Our Ability To Continue Business Operations
3] Our Revenue From TeleBlock Historically Has Been Derived From A Relatively Small Number Of Distributors and Has Recently Been Consolidated Into One Distributor, The Loss Of Whom Could Adversely Impact Our Business And Operating Results
4] We May Be Unable To Adequately Protect Our Intellectual Property Rights, Which Could Result In A Smaller Market Share And Diminishing Revenues
5] Our TeleBlock Product May Contain Unknown Defects That Could Harm Our Operations
6] Our Brand Identity Is Critical To Our Success
7] We Depend On Key Personnel And Our Failure To Attract Or Retain Key Personnel Could Harm Our Business
8] Because Our Business Is Highly Dependent On Regulations That Change, It Is Subject To A Variety Of Risks
9] We Cannot Be Sure That We Will Compete Successfully With Our Present Or Future Competitors Who May Have Greater Resources Resulting In A Decrease in Our Market Share
10] If We Are Unable To Maintain Or Enhance Our Back Office Information Systems, We May Not Be Able To Increase Our Revenue As Planned Or Compete Effectively
11] Our Common Stock Is Deemed To Be “Penny Stock,” Which May Make It More Difficult For Investors To Sell Their Shares Due To Suitability Requirements
12] Our Securities Are Quoted On The Over-the-Counter Bulletin Board And There Is Limited Trading Of Our Securities, Which May Not Provide Liquidity For Our Investors
13] Future Sales By Our Stockholders May Adversely Affect Our Stock Price And Our Ability To Raise Funds In New Stock Offerings
14] Existing Stockholders Will Experience Significant Dilution From The Conversion Of The Serial Preferred Stock Issued In December 2007
15] Control By Existing Stockholders May Limit Your Ability To Influence The Outcome Of Director Elections And Other Matters Requiring Stockholder Approval
16] We Have Certain Provisions In Our Charter Documents That Could Delay Or Prevent An Acquisition Of Our Company, Even If Such An Acquisition Would Be Beneficial To Our Stockholders
17] Our Board Of Directors Has The Authority To Issue Serial Preferred Stock Which Could Adversely Affect The Rights Of Our Common Stockholders And The Value Of Our Common Stock
copi longs really should read + care about these things.
Shorters always read them First, and care the most.
Especially Risks # 2, 1, 4, 9, 8, 17, 14, 13, 15, and 16 ,
in that order [particularly for copi]. We don't really care
about Risks 3, 5, 6, 7, 10, 11, and 12 for copi, because
they are obvious, and/or 'boilerplate' .
Good Luck To All [who don't read ALL of Today's 10KSB, ASAP].
[ The SEC Requires Timely + Truthful 10-K's,
to minimize the need for improbable luck. ]
'the POSITIVE EQUITY' will probably be gone in 94 days,,,
by the end of Q2. But, won't be reported in the Q2 10-Q
until late August, at the earliest.
Here's just 1 of the biggest problem, from today's 10-K :
" Loss attributable to common shareholders
($1,510,814 in 2007) ($1,242,531 in 2006) "
So, copi is burning cash, faster than ever.
And, we could not find any mention of those
3 Billion, or 6 Billion 'call counts' .
Apparently, copi survived the big loss in 2007,
only because of this 1-time item :
" Proceeds from issuance of preferred stock,
net of costs = $2,454,384 "
Otherwise; The cash burned in 2007 would have been $4 Million.
And, much more, if the 2 top-copi's did not 'defer' part of
their outrageous 'salaries' for the last 6 months of 2007.
[ And, those 'deferrals' must be paid back. ]
And, some private 'investor' is collecting 18% interest on a
$150,000 personal loan to copi. And, the CD's need to keep
collecting their 12% interest [$12,500 per month]. And, those
2 'executive' car-lease payments of $1,000 per month, Each !
Pretty nice free wheels, for 2 of the total of 6 employees,
of an always money-losing 'company' .
And, why do 6 employees need a 9,000 square-foot office,
with annual rent of over $80,000 !
And, all this stuff, [in the 10-K] [for 6 employees!] :
" Furniture and fixtures +++++ 5 years $358,866
Leasehold improvements ++++++ 55 months $11,348
Capitalized software cost ++ 2-5 years $463,306
Total at cost ++++++++++++++++++++++++ $833,520 "
And, there is so much more 'interesting' stuff,
that all 'adds up' to the Independent Auditor declaring that:
" B. Liquidity and Going Concern:
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has suffered losses from operations in its last five fiscal years as follows: 2007: $1,190,153; 2006: $1,242,531; 2005: $1,241,945; 2004: $1,293,769; and 2003: $1,880,508. At December 31, 2007, the Company has stockholders’ equity of $434,558 and working capital of $351,955, primarily due to the following events in December 2007: (i) the receipt of the cash proceeds of the new Series A Preferred Stock, (ii) the use of a portion of such proceeds to repay the 2006 and 2007 secured convertible debentures; and (iii) the exchange of various related party debt for new Series B and C Preferred Stock. (See Note 11).
Despite these positive attributes of the Company’s current financial position, continuous net losses incurred over the last five fiscal years raise substantial doubt about the Company’s ability to continue as a going concern. Such continuation is dependent upon the Company’s ability to increase revenues, control costs and operate profitably. Management is seeking to (i) employ sales executives to market the Company’s services; and (ii) retain an investment banker to explore acquisition opportunities that may diversify the Company’s existing range of services as well as to assist the Company in obtaining additional financing as required. There is no assurance that the Company will be successful in attaining these objectives or that attaining such objectives will result in operating profits in future periods. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. (See Note 12D).
F-7 " [All on page F-7 of the 10-K.]
So, 3 months ago, copi only had :
" At December 31, 2007, the Company has stockholders’
equity of $434,558 and working capital of $351,955 ... "
That $351,955 cash is probably almost all burned in the last
3 months, since 31dec2007. And, certainly by the end of Q2.
[Which is not even reported until late August, if on time.]
And, copi has never given early hints, of known bad news,
like today's 10-K. All of today's bad news has been known,
by the top-copi's for at least 2 months.
Anyway, here's our bottom-line predictions :
1] copi must start dumping new common shares, ASAP.
2] Even if they doubled the float, by printing + selling
132 Million more brand new common shares, they could probably
only get an average of $0.015 per new share [or less], so
copi would only scrape up ~$2 Million. And, they all must be
bought within 6-18 months, by the current [+ new?] copi-fans.
3] If not, we expect that copi will sell-out. Probably to
VeriSign. They already 'own' 80+% of All copi's 'revenues'.
And, they could raise their rates to copi. And, new copi
competitors could make copi drop their prices. Automated
computer services [+ computer hardware costs per bit,
per second] normally drop 50% , every 18 months. And, always
have, ever since computers were invented.
4] In view of the current copi Share-Structure, with
5,635,709 "preferreds" , that get paid off 100%, before any
1 common share gets 1 penny, [and the 'preferreds' collect
interest, unless they 'convert' to 563,570,900 more brand new
common shares], we expect that All common 'share'holders,
combined, will be lucky to get $0.0001 , as a gift. Because,
not only do All of the Preferreds get 100% paid of First,
with All accrued back interest, but, even before the preffys,
copi must 100% pay back all other loans, and deferred 'exec'
salaries, and multi-year over-sized 'office' lease + 2 car
lease commitments, etc, etc.
5] So, we expect a constant flood of new copies of copi
common 'shares' to start floating in, very soon, and almost
surely before the next 10-Q is released in late May,
showing more losses, and depletion of cash. If copi is
lucky, they may find a toxic investor, and 'sell' him some
new floorless convertible 'preferreds'. There is no problem
getting the votes, because the Insider Preferreds already
own 81+% of them, so, common 'share'holders won't even be
asked to vote [on anything, ever], or be informed of anything
important, until after it is too late, as usual.
6] We expect that the new shares, and the Q2 10-Q , that is
supposed to be released by late May, will force copi to
continue dropping by 50% [or more] in the next 2 months.
Which is not that bad, since everyone is already used to
that drop rate. Because copi dropped 50% in the last 2 months.
extra, Sincerely. But, only our short opinion.
P.S. ; Monday is the close of copi Q1 .
And, the copi CEO will know that Q1 was another, in copi's
unbroken string, of money-losing quarters, since birth.
Maybe the copi 'dd' guys can call the copi CEO, unless he
is call-blocking. See if he admits to another losing quarter.
And, don't be fooled by 'cash-flow' jargon. All companies
that always lose money, must be 'cash-flow-positive' during
some quarters, to make up for previous cash-flow-negative
quarters. Otherwise, they must go BK, ASAP. [The way to be
'cash-flow-positive' , while always losing cash, is by
selling more new shares, or getting more loans. Just like
copi did last year, by selling $2,454,384-worth of preffys,
and borrowing $150,000 cash, at 18% interest.]
Good Luck on Monday. Sincerely, again, extra
"its an UNREALIZED LOSS" to the IRS, ONLY...
Almost Everyone else REALIZES + recognizes it IMMEDIATELY.
[Except swvc long holders who keep 'averaging down'.]
Especially All Real Banks, and All Stock Brokers, and,
Especially for those on Margin. Just check any monthly
statement. Or, check any balance online, any second.
Or, try to get a loan, based on swvc or Enron Certificates.
swvc is Down, 90+%, in 5 months. If longs still 'UNrealize'
their Real Loss, yet, it's fine with the ~50% lucky flippers,
[and all shorters], as long as the swvc longs just keep
believing 'company' PR's + buying + averaging down.
By the way, shorters often 'average down' , on constantly
sinking stocks, like swvc, especially right after their
monthly pumps, with the help of their public poster friends.
Although, some of us cover, after the quick ~50% dump,
that almost always follows their ~100% monthly pump.
Other shorters just keep 'averaging down' , on a sinking
'stock' like swvc. And, they no longer even have to wait
for any 'uptick' , thanks to the new SEC Rules. But, for the
'Big Hedgers' , it was never really a problem anyway, because
they could just 'slap the ask' for a minimum buy, and
create a slight 'uptick' , and then do another huge AON
short sale. So, it was just 1 tiny up step, before the next
big down step. As they 'corrected' over-priced stocks.
But, at least now it is fair. No 'uptick rule' is annoying
or delaying any shorters anymore. They can just enter a
continuous sequence of [short] sell orders, on any overpriced
stock.
Just imagine the annoyance of a 'down-tick rule' , that
would not allow any long to buy any more shares, unless
it was right after their favorite stock went down.
[Actually, that would not be any problem for the biggest
swvc fans, who like to keep 'averaging down' , and buying
the lowest-ever-priced swvc 'shares' , every week, forever.]
extra, Sincerely. But, just our short opinion, of course.
We were expecting a bounce to at least $0.03
We believe that the 'big-april-news' was just released early.
After a rushed/partial shipment to some Canada stores.
Which, of course, is not even good news, because, if, the
full shipment does not arrive in April, it's real bad news.
So, "flippers are definitely starting to re think, imo,"
and the short-term-shorters are disappointed that the
wnbd longs quit buying enough, to at least get wnbd
pumped back up to 3 cents.
And, of course, what are The Facts, about those 10 Million
"Preferreds" . The CEO won't tell any common 'share'holders.
Because, he deliberately keeps wnbd a non-reporting pink.
So, it's OK, in Canada.
We think that those "Preferreds" , even if there was only1
of them, actually own at least 50.1% of All wnbd assets,
and certainly more than 50% of All wnbd votes. And, probably,
UNdilutable [no matter how many new Fully Dilutables are
floated in]. And, they probably have 80+% ownership, [just
like swvc + copi]. And, their only1 owner can vote himself
up to 99+%, overnight, [just like swvc + copi].
That's why wnbd common 'share'holders never vote, on anything.
extra, Sincerely. But, Just our short opinion.
"Its not a loss til you sell." is an IRS rule, ONLY...
[Except if it is a 'wash sale' .]
It IS a loss if it is trading below what you paid. Period.
If you think otherwise, go to any bank, and put up some
unsold Enron Certificates as collateral.
Also, if you are holding a stock that you bought at much
higher levels, it proves that the 'dd' that made you buy
any, was Wrong.
And the 'dd' that says to keep holding it as it keeps
dropping 90% in the last 5 months is continuously Wrong.
And the self-deceiving + faulty math game of 'averaging down'
is only ever used by those who buy stocks that go down,
and keep going down, as they keep buying more.
Successful investors do Real DD, on Real Companies, based on
Real Share-Structure, that is Controlled by Outside Common
Shareholders, who can assure that the Fully Diluted can't
grow out of their control. And, they Must vote on all big
decisions, that affect Common Shareholder Value. And, they
Must Vote for Every Member of their Board Of Directors, who
can Fire a destructive CEO in 1 minute, by a vote of 50.1%
of the Directors, on a telephone conference call.
Anytime we find a CEO with UNdilutable 50+% vote control,
we know that we found a winner, for shorters, ONLY.
Especially when the 'company' has always lost money, and the
common share price has dropped 90% in the last 5 months, and
the CEO has 80% Never-Dilutable ownership of All Votes and
All Assets, and bought a Toxic-Debt-Overloaded Shell, and
then stuffed it with 'assets' bought directly from the
personal holdings of himself + his family + other 'friends', and
still plans to 'acquire' more 'assets' overloaded with more
Toxic Debt, and keeps signing up for more Toxic Debt, and has
diluted the Fully Diluted from 186 Million up to 10 Billion,
in only 8 months. And still has not Filed any independently
Audited Financial Statements.
extra, Sincerely. And, the above Facts have already been
submitted, to 'they' who Demand + Save timely + accurate
Filings, that provide Full + non-deceptive disclosure. 'They'
are also aware of where such Facts are publicly posted, and
who tries to have them 'deleted' , for their own personal
financial gain. This board is so obviously + deliberately
biased, that 'they' might even think that its biasers are
way over the line. Especially for a 'company' that Files,
and 'operates' within the U.S. , and that is totally Under
Their Jurisdiction. They already have their copy of all of
the above. So, they can determine that it is right-on topic.
Especially if it disappears.
P.S. ; We estimate that ~5 Billion shares of swvc have been
bought [+ sold, of course] since 15june2007, at an 'average'
price of ~0.02 per share, for a total cost of $100 Million.
During those ~8 months, there have been 3 massive pump&dumps,
in June+Sept+Oct 2007, and significant pump&dumps in all of
the other 5 months. So, it looks like common 'share'holders
of swvc are Losing $90,000,000 -- whether they sold yet,
or not. Most of them are U.S. Taxpayers; and we know of at
least 1 Taxcollector + 1 Taxprotector who are not happy, and
are probably watching, or should be. So, we are just helping
them, [and ourselves, at our own risk].
$90,000,000 in U.S. Taxpayer Losses,
in just the last 8 months, in 1 sub-penny 'stock' ,
80% owned by 1 UNdilutable guy, while diluting by 50x ,
who has a very impressive resume in the 'stock' world, but
no history of ever making a penny running retail shops,
ought to raise some very large eyebrows.
swvc is possibly the largest + quickest,
U.S.-Taxpayer-money-losing-pump&dump,
currently Filing + 'operating' in the U.S.
We bet that swvc's new Independent Auditor is going to be
Extra careful. Because he knows that at least 2 big 'theys'
are waiting for the First 10-K to be Officially Filed.
Then, they will read it, Extra carefully, using experts,
and so will some of us independent helpers.
And, if/when they decide to flush out some more Facts,
they will be visiting those who knew about the pump&dump,
and those who helped the pump, and even those who helped
expose it, like a few of us.
All of the above is just an opinion, of course.
Just like a 'company' PR, full of plans + schedules,
that keep dehancing common 'share'holder value,
as The UNdilutable Expert, Enhances the Fully Dilutables.
P.P.S. ; We are betting that the 10-K will Not be Filed
on time, and/or Not signed by any Independent Auditor,
that operates in the U.S. , and/or has any U.S. clients
that are better than swvc.
And, while we're all waiting, swvc's bounces are great for
all shorters, and lucky flippers, [and insiders + friends].
[Next best is copi + wnbd, because; like swvc, they also have
apparently real, but money-losing, businesses; and often
bounce at least 50% per month; and need toxies; and keep
exploding their Fully Diluteds; while their detonator is
Permanently UNdilutable, and permanently owns 80+% of All
votes + assets, and can even raise them to 99+%, overnight,
whenever he votes his 50+%.]
P.P.S. ; If only 50+% is ever needed, WHY DO THEY HAVE 80+% ?
swvc is a most reliable stock...
First, some Historical Data Facts about swvc :
Yesterday, swvc Closed at $0.0056
5 Weeks ago, swvc had a High of $0.0110
5 Months ago, swvc had a High of $0.0560
Now, some Math Facts :
swvc is Down 49% in 5 Weeks , which is,
a Compounded Weekly Loss of 13% Per Week.
And, swvc is Down 90% in 5 Months , which is,
a Compounded Weekly Loss of 'only' 10% Per Week.
Now, some Mathematical Projections, since swvc has
such a reliable Down Trend. swvc is falling faster
than usual in the last 5 weeks [-13% per week] , so,
lets use the longer 5 month trend, which is 'only'
Down 10% Per Week, Compounded Every Week.
Thus, if this amazingly consistent rate of swvc being
Down ~10% Per Week, for the last 5 Months, continues,
for another 5 More Months, swvc will be
Down to ~$0.0005 by Sept. 1 , 2008
And, Down to ~$0.00005 by Feb. 1 , 2009
According to the Facts above, swvc should be below $0.0001
before Christmas, 2008. Then, it can't even trade, until
swvc does a Reverse Split. And, a 1-for-100 Reverse-Split
would only work for 10 months. So, we would expect a
1-for-1000 Reverse-Split, which should last for 15 Months.
And, then another would not be needed until March, 2010 .
extra, Sincerely. And, Not An Opinion.
Because, All Of The Above is Totally FACTS, using
swvc stock price History DATA + Mathematical TRUTH.
[P.S. ; Copies of this post are being saved, for
forwarding to authorities, in case of biased deletion.]
carg; Here it is, in the unbalanced part of copi's iBox...
The deliberately deceptive WORDS were not originally
CAPATILIZED, in the iBox. But, since they reverse the
entire Real Meaning of the deliberately deceptive quote,
THEY ARE NOW CAPITALIZED, TO CLARIFY WHAT WAS NOT SAID.
And, here is the famous 'quote' , from the half iBox :
" The Company is ENCOURAGED by recent sales gains and reductions in its operating shortfall of GROSS MARGIN to selling, general and ADMINISTRATIVE EXPENSES. Under FAVORABLE
sales, cost and EXPENSE PROJECTIONS, the Company ANTICIPATES
its operations MAY become CASH-FLOW NEUTRAL DURING the SECOND
QUARTER of FISCAL 2008. " [Which ends on 30june2008, And,
won't be Filed until August, or later, with 'extensions'.]
["Cash-Flow Neutral" is NOT EVEN PROFITABLE. Just check,
with any Real Accountant, and/or The U.S. IRS.]
[ By the way, "gross margin" has nothing to do with 'admin
expenses' , like grossly excessive 'executive' salaries ,
OR THEIR SHORT-TERM DEFERRAL, or the 30 Million New Options.
The 'new auditor' won't like such incorrect copi hopes,
hopefully, or riskfully. ]
So, the very first '~profitable' quarter can't possibly be
before July-Sept 2008, which won't be Filed until late
November, 2008, at the earliest, unless it's late.
As for the 'deferred salaries for top-copi executives' ,
it's probably/should-be in the iBox, unless it was not
quite unbalanced enough. We read it. You find it. It was
there, in a copi PR and/or Filing and/or copied copi eMail,
within the last very few months.
And, the 30 Million recent 'make-up' Options were filed
with the SEC, with an 8-K, probably because it was Required,
by Law. They 'appear' to have been 'linked' to the copi
'deferred salaries' for the lucky top-copi option giftees.
But, not necessarily. And, they can '~vote' themselves more,
anytime. And, even cancel their 'deferrals' , and not even
have to tell Any common copi 'share'holders.
extra, Sincerely.
P.S. ; You copi mods should know this stuff. Even if it is
'accidentally' Never in the fairly unbalanced iBox. But,
if you need more than 1 answer/substantiation per day, it
costs $12.95 per month, payable to iHub, for "extra" ,
if You need the proofs.
Further, this, and any future, and all past, deliberately
deceptive posts, by controlling-Mods, who claim to personally
own large amounts of 'shares' in their overly-controlled
sites, are being saved, and forwarded, to those who are
paid to care, by All of us U.S. Taxpayers. It's only fair.
Here's the 'problem' part, as {{ quoted }} , from carg :
{{ Please substantiate this statement... but we longs know you can't because it's a totally fictitious statement...
"copi even PR'ed that they can't possibly be profitable
until June, 2008."
You know it's not the truth you print, so please... a link to this PR? }}
We U.S. Taxpayers expect that pump&dump 'companies' , and
their helpers, will continue to be 'watched' . And, in case
the helpers never noticed, No 'Basher' Has Ever Been Even
Attempted To Be Prosecuted [especially if he exposes the
Truth, about pump&dumpers + their financially involved
'helpers']; However, Many Pumpers + Their Best Helper Friends,
have been prosecuted + lost + been 'dis-gorged' , and a few
of them even moved in with bubbas. Especially the ones that
personally call + visit + email the 'company' , and get,
[or pretend to get, or post that they got, or not] any
inside info that had not been previously released, publicly.
Millions of Dollars have been Lost by copi-believers, as it
has Dumped 58+%, since this January, when it was fluffily
Pumped up to $0.11 , with the continuing help of admitted
large 'share'holder Mods, and their friends + 'assistants'.
Before the pump, which began in December, copi was 'priced'
at $0.01 , and always lost money, and still does, except
copi is now 'worth' even less, thanks to continuous dilution
of copi's Fully-Diluteds, and copi's NEVER DILUTABLE,
8x-Super-Toxies, which Own ~87% of ALL copi VOTES + ASSETS,
forever, no matter how many more Newest copies of copi
common 'shares' , Ever float in. And, those 87% "Preferred"
+ Never Dilutable Owners, can 'vote' themselves on up,
to 99+%, anytime, even overnight, with No common 'share'holder
ever being informed, or asked to 'vote' [on anything, ever].
NOT P.S. ; And, Most Importantly :
We expect this site to be fair + balanced.
And, the Mods + Assistants + Helpers to :
1] Quit deleting truthful anti-copi Facts + opinions.
And ,
2] Quit allowing daily/hourly spamming of old copies of
old 'copi news' , especially the old stuff that is already
in the totally UNbalanced copi iBox, for many months.
They are All automatically collected + saved, by more than
iHub. And, forwarded, whenever obvious, by those who care,
to those who should care, and are Paid By All U.S. Taxpayers.
Most Sincerely, extra [ + friends ]
Looks like the Insiders have been selling copi,,,
mostly in mid-Feb. After knowing, for months,
that copi would have another, usual, money-losing quarter.
[ Plus, the probable constant dumping of new copi's. ]
[Any company that loses money must dump new shares, if they
can't get a Real Bank Loan, or, any more Toxic 'Financing' . ]
copi even PR'ed that they can't possibly be profitable
until June, 2008. Which means that the already almost late
10-K, and the next 2 10-Q's are sure to show more losses.
And, as copi also admitted, they are 'deferring' their
most outrageous 'executive' salaries, for a short time.
Probably to pretend to look '~profitable' in June, and
maybe for the third quarter, which won't even be reported
or Filed until Late November, at the earliest.
Meanwhile, to 'make up' for waiting for their 'deferred
salaries' , [ probably because copi is out of cash ] , those
same 'executives' ~voted themselves 30 Million New Options,
because they own ~87% of All copi votes + assets.
But, copi's biggest mistake is probably firing their old
accountant, and trying to buy a brand new one. New + Real
accountants are usually much more 'careful' to require full
reporting of everything possibly relevant. They have nothing
to lose with a new 'client' , Except Their License to stay in
the Auditing Business, + Lose All of their old + good clients.
If there is Any Problem At All, the early warning is a late
10-K, and/or any 'Request For An Extension' .
extra, Sincerely. But, just our opinions, of course, as usual.
P.S. : We expect that copi will re-start crashing the day
before any common 'share'holders are 'informed' that the
10-K is officially Filed. And, it won't even be PR'ed on the
day it is Filed. So, the first copi longs to find it Filed,
by constantly monitoring the SEC Filings site, will be the
first of the remaining big longs to bail out, as copi sinks
to $0.03 quickly, and then drifts below $0.02 when the next
10-Q for 1Q2008 is 'released' in May, and shows continuing
losses + newest share dumping.
ALL Companies [except shells] have 'revenues' . But, there
are no 'good' always-money-losing 'companies' , with
Billions of Fully-Diluted 'shares' , that double every year,
and dilute All common 'share'holders, while the "Preferreds"
own Never-Dilutable 8x-Super-Toxic Convertible-Preferreds.
[ Even swvc has 'only' 5x-UNdilutable-Super-Toxies, that own
'only' 80% of All Votes + Assets. And, wnbd is probably
worse, because they have 10 Million 'secret' Preferreds,
but 7x as many 'Authorized Shares' as necessary, Unless they
Are actually necessary, Now. Because, pinks, can raise their
'Authorized' in 1 day, if necessary, or even later. ]
'filings/reporting/auditing isn't free',,,
Unless, they were already completed,
to get previous loans. And, credit lines
from 'suppliers' , who front their own cash,
and deliver, and still 'trust' wnbd to pay
~30-60 days later.
All of those Most Important Documents, ALREADY EXIST,
and would Cost ZERO, to post them to common wnbd holders.
But, wnbd won't do it.
wnbd already does tax returns every year,,,
and gives All of that financial info to anyone who ever
loans them money, including their bottler,
who gives them credit [30-days?], and they can't
sell anything to HomeDepot, or any real company, without
providing financials.
wnbd just refuses to tell any [ + only] common shareholders,
who actually Are loaning them New Cash, every time wnbd
sells New shares. [ After the newest shares are sold,
and wnbd collects their newest cash, wnbd does not care,
except to sell them more new shares, later. And, hope that
they don't sell old shares, that compete with wnbd selling
more new shares, later. ]
Anyway, it would cost wnbd Zero to post a copy of their
financials, which are Already Paid For, + Signed, + Filed.
And, wnbd COULD just have their Already Filed Tax Returns, as
an 'Attachment' to Any eMail they send to Any shareholder.
It's free. But, wnbd won't do it. Guess why.
And, it would cost wnbd Zero to post a copy of their
10 Million "Preferred" Shareholder Agreement Document,
which is also Already Paid For, + Signed, + CounterSigned,
by the guy(s) who own(s) them. But, wnbd won't even do that.
Guess why. Shorters bet that they know exactly why wnbd
[ or any deliberately non-reporting pink ] stays pink.
And won't reveal anything regarding the actual value of wnbd,
or it's "Preferred" share-structure, which is the Only thing
that determines the 'common share value' of any stock,
especially a deliberately non-reporting pink, that has always
lost money. And, wnbd is worse than any pink shell, because
shells don't lose extra money, and have extra expenses,
by trying to run money-losing businesses.
Any pink long, who keeps buying + holding + averaging down,
should be demanding to see some real Facts, that wnbd
already has, and Could reveal, for Zero Cost. wnbd has
absolutely no reason to keep hiding these Most Important
Facts, except to keep selling More newest common shares,
without giving up Any ownership of wnbd votes + assets.
And, if the wnbd "Preferreds" already own any UNdilutable
51+% of wnbd's votes + assets, the "Preferred" owner Could
'vote' his 51+% , any day, to raise it to 99+%. [ By the way,
since wnbd already has 5 Billion 'Authorized Shares' , but
'only' ~800 Million already floating, we guess that the
"Preferreds" already UNdilutably Own at least 80%. ]
That's why pinks stay pink. Because they still need to sell
more newest common shares. But, if they get lucky, and have
more 'revenues' than they can overly-offset with costs,
+ salaries + bonuses + expenses + etc's; then, the Preferreds
can just vote themselves up from 51%, straight up to 99+%,
any day, or overnight. [ Just like copi + swvc, who, maybe,
not surprisingly, have many of the same frequent fans. ]
Shorters appreciate those coincidences.
extra, Sincerely. But, just another opinion.
P.S. ; Bottom-line, for Any common shareholder, especially in
deliberately non-reporting pinks [like wnbd]. If the
share-structure is a big secret, and/or the T.A. is gagged,
All common shareholders probably own Zero, as buy+hold+buy
longs; and ~50% lucky long flippers may profit on ~50% of
their flips [but still lose 90% per year, combined, just
like the average pink long], while shorters have a free
insurance policy, that pays ~90% per year, in almost riskless
profits. And, much more, and faster, and with much less risk,
if they short right after the pink is pumped 100% or more,
and drops 20% very soon thereafter [like wnbd].
But, this is the best part, directly quoted from the iBox...
' As at [? of ?] March 15, 2008 the float of Winning Brands
Corporation is approximately 625,881,725 common shares.
Approximately 150 Million of the 775,881,725 Million issued
and outstanding shares are restricted from trading
under "144" provisions. "THESE RESTRICTIONS EXPIRE
AUTOMATICALLY" approximately "IN THE 1st Qtr 2008".
[ = ALL RESTRICTIONS ARE ALL EXPIRED BY NEXT WEEK. ]
Most of these are held by company management, employees and
co-founders who are still with the firm. These persons may
technically be "INSIDERS" depending upon their relationship
to information at any point in time. Management is "NOT
AWARE" of any "INTENTION" by any of these holders to sell
a "SIGNIFICANT" portion of their holding in the "NEAR TERM".
[ Which means, some have already been sold. ]
These are "FACTORS THAT CHANGE" with individual circumstances
[ Yes, they have, and will keep 'changing'. ].
"5 BILLION common shares are AUTHORIZED as at March 15, 2008
AND 10 MILLION PREFERRED SHARES". '
We have added a few [comments], and added "s + Capitalized
the "MOST IMPORTANT WORDS".
Here are the Bottom-lines.
1] In 8 days, there will be Absolutely NO RESTRICTED SHARES.
2] At least some of them are already dumped into the float.
3] More will be dumped, as "FACTORS CHANGE" with individuals.
4] The 'Authorized' is 5 BILLION, which includes 'only'
776 Million Common, AND 10 Million "PREFERRED".
There is no rational reason for 5 BILLION Authorized, NOW,
unless the "Preferreds" own ~4 Billion of them [ = over 80%
of ALL wnbd votes + assets], Already, Today.
Otherwise, wnbd could just have ~1 Billion 'Authorized'
today, and just raise it later, when they needed the raise.
It's just basic share-structure 'dd'.
That's why we shorters 'evaluate' the 'price' of wnbd,
as if 5 BILLION SHARES ALREADY EXIST, AS FULLY DILUTEDS,
and, since the ALREADY ISSUED "PREFERREDS" most likely
Already Control More Than 80+% of All wnbd 'votes' [ and own
80+% of all wnbd 'assets' ] , the wnbd common 'share'holders
'own' less than 20% of wnbd, Today. And, could be easily
'voted' down to less than 1%, any day.
So, if wnbd sells a bunch of stuff, and makes a profit, they
will/can just 'vote' themselves up to 99+%, via "Preferreds".
But, if wnbd can't sell their soap fast enough, they just
print more common shares, that never 'own' more than 49% of
All wnbd 'votes' + assets. That's why wnbd is pink, and
non-reporting, deliberately, and still.
extra, Sincerely, But just our short opinion, of course.
Only the CEO could 'know' if wnbd might go up...
And, he obviously does not think so.
Because winbad keeps going down.
We all really know what the 'April Annoynsement' will be.
We shorters expect something like : 'Another store said
that they might buy something' , or whatever.
We shorters only care about 'share-structure' for
always-money-losing 'companies' , like winbad.
Especially if they Never File Anything, and
they think that it's ok, because they hide in Canada.
[By the way. Most of the world's biggest scams are
Canadian non-filers. And, winbad deliberately chooses
to keep being in that 'select' group. We know why. Do U?]
'no problem at all'. copi keeps losing cash,,,
and keeps selling new shares to any long.
And, no matter how many new 'shares' float in,
the Insiders ALWAYS OWN AT LEAST 87% OF ALL 'SHARES' ,
AND VOTES, AND ASSETS.
So, whenever any 1 new 'share' floats in, and gets sold,
for new cash, to Any Commoner, SOME INSIDER, SOMEWHERE,
GETS 7 TIMES AS MANY BRAND NEW SHARES, ABSOLUTELY FREE,
TO THE INSIDER, AT THE IMMEDIATE EXPENSE TO ALL OUTSIDERS.
We shorters Only care about 'share-structure' , especially
for always-money-losing 'companies' like copi. When they
always lose money, they must always dump new 'shares'.
And, we all KNOW that copi is GUARANTEED TO LOSE CASH
IN 4Q2007 + 1Q2008, BECAUSE THEY ALREADY KNOW IT, AND
ALREADY ADMITTED IT. And, copi already admitted that they
are going to briefly 'defer' their outrageous 'salaries'
in 2Q2008, just to pretend to try to be 'profitable' .
We can hardly wait for that. We know that the copi fans will
love it. And, copi shorters will have a riskless 75+% profit,
right after the copi 'execs' have to report that they took
Double Salaries in 3Q2008, because they hid their pay in Q2.
And, we all know that they can't keep getting 'not paid' for
much more than 1 month. Their June 'salaries' + bonuses will
be paid in July, 2008. And have to show up in the 3Q2008
Filing. Which No outside 'share'holder will ever see, before
November. By then, copi will be 50-80% lower, at least,
and still falling, just as fast.
These are all Facts, as Filed, with the SEC. And, we shorters
Only care about 'share-structure' for always-money-losing
'companies' , exactly like copi.
[Actually, copi is a much better short than any pinky shell,
because copi keeps losing money, while shells don't even
pretend to 'own' anything, and, thus, can't lose much money.]
swvc Shorters prefer WF. They foreclose, ASAP...
Which corrects a money-losing 'company' , like swvc, overnight.
Whereas, Toxic 'lenders' , like Cornell, must try
to get their cash back out more slowly. Otherwise,
they lose everything, because they have Zero collateral,
except 'shares' , that they must dump slowly.
We shorters much prefer real Bank Financing, where the
Real Bank has 400% ownership over all salable inventory,
and they can re-posses overnight, and even take over the
'stores' , while they liquidate all of the surplus, at
75% off, ASAP.
We eagerly await the over-due swvc finanshills, that will
officially document swvc's unsustainable + growing cash
losses, and swvc's next round of super-toxic 'acquisitions' .
We could think of nothing more reliable than an 'acquisition'
of a toxic-debt 'hospitality company' , [whatever that is],
concentrated in a small, depressed region, as a recession
starts, and grows, for 1-3 years.
extra, Sincerely.
[We are still amazed that no longs discuss, or even care,
about the proven Fact that swvc has, and continues to,
dilute at a rate faster than any pinky shell. ~100% more
new Fully Dilutables, every 6 weeks, for all 8 months,
ever since the new CEO voted himself his 5x-Super-Toxies,
and then sold his money-losing 'company' to swvc, and then
made swvc buy an even bigger money-loser. And now, the swvc
fans are hoping he'll 'acquire' an even faster money-loser.]
Well. At least we are all cheering for the continuation of
the same proven 'business plan'. As some of us continue to
bank continuous profits. While others 'accumulate' , and
'average down' .
P.S. ; When we are long, we Never 'average down' .
Why buy more of a 'stock' that keeps proving that any
'decision' to buy any, was wrong. If you buy more,
you just lose more. If you quit buying, you can only lose
the rest of what you already wrongly bought. We prefer to
sell our crashing longs, ASAP. Along with the Insiders, who
know why it's crashing, and control its continued crash.
swvc DOUBLES its Fully Diluted EVERY 42 DAYS,,,
on average, ever since their newest CEO 'reduced'
their float to ~180 Million, about 8 months ago, AND
'Voted' himself [Only] those 5x-Never-Dilutable-Super-Toxies.
So, he Always personally owns 80% of All swvc 'votes' ,
and 'assets' . AND
Can 'vote' himself on up to 99+% , any day, or night, AND
Every time 1 new 'share' floats in, he MUST get 4 more,
absolutely 'FREE' [to him, Only]. But Only at the immediate
direct Expense to ALL outsider common swvc floater-holders.
Today, he 'voted' to give Insiders [Only], 80 Million more
Fully Diluteds, [and he will probably get most of them, or
already has], AND, thanks to his 5x-Never-Dilutable-votes,
he [Only] gets 320 Million More Totally 'Free' [for him Only]
Fully Dilutables. Guess who paid for All of them, Today.
Anyway, by Our calculations, after Our share-structure DD,
[which is the ONLY thing we ever really care about],
based Only on swvc's SEC Filings, after Our experts reading
every word, many times; we are fairly sure that swvc was
already sitting on 10 Billion Fully Diluteds, Yesterday.
So, 80 Million more 'options', Today, is no big surprise,
because, it's really 400 [=5x80] Million more Fully Diluteds.
And, 400 Million / 10 Billion = 4% [so far, this week],
which is actually less than swvc's 8-month-average.
But, swvc 'grew' from ~180 Million, just 8 months ago, all
the way up to over 10 Billion Fully Diluteds Yesterday.
That's Over 50x [=over 5000%], in just 8 months. To 'achieve'
that Fully Diluted Growth Rate, a 'company' must dilute by
AT LEAST 100% , 5+ QUICK TIMES, WITHIN 8 MONTHS.
We did the math. It's a double, every ~6 weeks.
[Way faster than any pink, or shell, that is not even stuck
with any money-losing 'companies'+employees+rents+utilities.]
And, to double every 6 weeks, according to the "Rule of 72" ,
a 'company' like swvc must Dilute their Fully Diluteds by 12%,
PER WEEK, EVERY WEEK. Exactly as swvc has already done, for
the last 8 months, since the new CEO started 'acquiring'
money-losing 'companies' , overloaded with toxic debt,
including some of his own [for cash], and some of his
long-time-friends shells + stuff [while 'assuming' their
toxic debts]. Guess who paid off those toxies, which were
already over-due, and could never be 'bought-back' for cash,
because, Cornell Never Allows That. And, it was very clearly
written in their swvc/shell 'agreements'. Besides, swvc never
had the cash to pay them off. Does anyone really believe that
the swvc CEO, and All of his lawyers + accountants missed that?
And now, the swvc fans are hoping for the next swvc toxic
'acquisition' , and still buying more commons, whenever they
bounce up, like today.
swvc is a better short now, than ever before, as we all wait
for swvc's almost-late finanshills, and too-late 'news' of
swvc's newest toxic 'acquisition' .
extra, Sincerely [Just our opinions, of course, as always.]
copi is going under 0.030 soon...
Especially right after copi is forced to File
their biggest loss ever.
They already know what it is. They are just
delaying it for the last possible day.
We shorters appreciate such games.
But, we never understand why longs play along.
extra, Sincerely ; But oooo ; of course, as usual.
swvc has never made 1 penny...
And, everything they ever 'acquired' [or will] loses cash,
and will never make 1 penny, and came with Super Toxic Debt.
And, swvc keeps adding Toxies, even while they don't even
bother to 'acquire' any more money-losers. And, they don't
tell their common 'share'holders what they're doing, until,
it's way too late.
And, for the swvc 'dd' fans, check out who got all of the
cash, when the common swvc 'share'holders 'bought' the
always-money-losing WizeGuyz + Hackered shops. ALL clustered
together in the most depressed + tiny + frozen corner of
a depopulated + nearly roadless , dead end 'region'.
That's why Ames Stores left, and that's why Hackered shops
sold out to the only 'bidder'.
Just for fun, we did a study of the ability of the swvc
'region' of money-losing shops, to ever make a profit.
Even before the current U.S. recession, the only worse
places were W.Va , and NorthCentral Miss. [far from any
casinos]. Each swvc shop 'serves' a population of less than
9,000 semi-employed, [and, they compete with each other].
And, only 1/3 'shops' , while the other 1/3 works [part-time]
and the remaining 1/3 is their kids. So, each swvc shop has
3000 possible shoppers, every 365 days. Less than 10 per day.
Those 10 per day are probably swvc part-time semi-employees.
We have 'toured'/driven through that swvc wilderness. The
empty spaces are nice, and will always be nice,
and empty, and profitless, as required, by NY politicians.
extra, Sincerely ; But oooo , of course, as usual.
We suggest that longs actually do some 'dd', and go
check it out, like we did. It's great for vacations,
and all prices are low, except gasoline.
Why would swvc double its Fully Diluted,,,
just last week, and give it all to YA/Cornell,
while the swvc fans keep asking for any swvc PR,
that says that the Cornelli's are done floating in ?
[IOO, they will only be 'done' in BK Court.]
And, swvc is even about to 'acquire' a few more
Cornell-Toxie-Overloaded, money-losing ~shells, ASAP.
And, keeps keeping it all a big secret. For Months.
And, why is this all so clear to us few swvc shorters,
while the swvc longs keep 'averaging down'.
extra, Sincerely. And, all that other usual stuff.
P.S. ; Regarding the 'guru system' of saving 'dry powder'
cash to "average down" . We say, if you expect a 'stock'
to keep sinking, what's the rush to buy Any, Ever? We just
short them, right after their fans make them bounce up.
The extra 'hind sight' was fully planned,,,
and reported [in swvc msg 145036], at 2:40 AM, on 17 March,
right after we placed our 'sell at market' short orders,
7 hours before market opening, and slightly after we were
assured that we were first on the list of All swvc sellers.
The funny [+ lucky] part was, as we shorted, the 'price'
of swvc kept rising, to $0.0078 , so we just kept selling,
50% more than originally planned. Then, the longs started
selling, and caused swvc to crash, so we quit selling, and
started waiting for our 15% profit.
We thought it would take a few days, or longer, due to the
less than expected drop in the S&P, and the swvc 'old news'
PR finally hitting [which still never explained the latest
100% dilution of the Fully Diluted swvc share count], And,
'forgot' to mention that the Cornelli's are 'done' , most
likely because they are still floating in, or on the verge,
or, some of the newest Preferred CDs are about to start
converting + floating in. We shorters all know that it only
takes $500 + a cheap lawyer with a xerox machine, to turn
a 'Restriction' into an 'OK to sell now'. And, those brand
new 800 + 134 Million 'restricteds' can't be dumped in 1 day,
so, no lawyer is even needed for most of them, because the
'restriction' goes away, automatically, in 6 months, thanks
to another new SEC Rule Change. [That snuck in, slightly
after the SEC cancelled the ~80-year-old 'Uptick Rule' ,
that used to be an [easily surmountable] annoyance to us
pinky + penny 'stock' shorters.]
Meanwhile, back at the swvc ranch, the current 'price' of
swvc is below the pre-pump price of swvc, in July and
August of 2007. Where most of the earliest swvc fans started
buying, and fanning. And, the price/volume-history charts
of swvc show/prove that since the recent swvc pump, all swvc
'shares' have 'turned over' ~4-5 times, with more than half
of them being 'bought' at ~$0.03 , so, the 'average' swvc
'share'holder is currently losing ~80% , and even the 'lucky'
pre-pumpers are about to start going negative. And, if they
kept 'accumulating' + 'averaging down' , they are already
sinking into the red flood of swvc's Massive increase in
their Fully Diluteds. And, Big T will never care, or buy-back
1 share, because his 80+% Super-Toxic Convertibles, are
Permanently UNdilutable. Even if he 'votes' himself more,
since he Always has 80+% of All swvc Votes [And, assets].
swvc's 'Fully Diluted' has exploded, 50x, in less than 1 year.
Including the latest +100% , just last week. On average,
swvc's Fully Diluted DOUBLES EVERY 45 DAYS, since swvc was
invented, and started 'acquiring' only money-losing stuff,
that was pre-over-loaded with Super-Toxic Debt. And, the
biggest new load, so far, was just Filed last week, but not
'reported' in any swvc PR, until the shorters sniffed it out.
Which is not surprising. Because shorters actually 'do dd'
in the only area that matters, when determining the correct
'price' for any stock, Real, or penny, or pink, or shell, etc.
It's 'share-structure' , and, 'vote over-control' , that can
make the 'share-structure' even worse, any day, or, overnight.
Good Night.
extra, Sincerely ; But oooo ; of course, as usual.
P.S. ; It's not like all of the seaweed smells fresh + clean.
The original shell was stuffed with Cornell+KK Toxies, which
new swvc commoners keep paying for, with still no PR and/or
filing saying that they are done. And, the first thing added
to the already toxically-stuffed shell, was some money-losing
WizeGuyz shops ['bought' from Big T, for cash], and then
some Directly Competing + also money-losing Hackered shops.
And now, 'there's talk' of 'acquiring' another local
money-loser 'hospitality' [what-ever-that-is] 'company' ,
and/or another Super-Toxic KK 'company'. While we shorters
just/mostly watch, in amazement. And, jump out+in whenever
it just gets too obvious. Like first thing yesterday+today.
The 10 Million are PERMANENTLY UNDILUTABLE,,,
CONVERTIBLE PREFERREDS. That [99% probably] own
80+% of ALL wnbd Votes + Assets, BEFORE Yesterday.
And, NO MATTER HOW MANY MORE 'SHARES' THAT WNBD EVER FLOATS
OUT, THE 'INSIDERS' WILL ALWAYS 'OWN' 80+% OF ALL WNBD
VOTES + ASSETS. For example, if winbad prints + sells
only 1 new floater, the only 1 'Insider' gets 4 more,
brand new shares, ABSOLUTELY FREE, TO HIM, BUT, AT THE
DIRECT + IMMEDIATE COST TO ALL WNBD LONGS, at that time.
But, wnbd is Totally Non-Reporting, so, the longs,
at-that-time, don't ever know when they are diluted away.
And, anytime, any day, or overnight, that only 1 guy
who owns all of those 80+% votes + assets, can 'vote'
himself all the way up to 99+%. [i.e.; winbad longs 'own'
Zero, unless they flip out before they're flipped out.]
Because winbad is pink + foreign + totally UNreporting,
And, deliberately Chooses to Violate U.S. SEC Rules,
and Absolute Minimum Requirements.
And, the U.S. SEC warns, CONSTANTLY, on their ".gov" website,
to NEVER UNVEST 1 PENNY IN ANY NON-REPORTING PENNY 'STOCK',
ESPECIALLY IF IT IS A FOREIGN PINKY, EXACTLY LIKE WNBD.
Which is a Permanent GREEN LIGHT for ALL SHORTERS,
to constantly short winbad to Zero, which is more than it
was ever worth, BECAUSE WINBAD IS, AND ALWAYS WAS, AND
PROBABLY ALWAYS WILL BE, A TOTALLY NON-REPORTING, FOREIGN,
PINKY. And, the U.S. SEC will not only Never Help winbad,
but we U.S. Taxpayers demand that the SEC start driving
deliberate Non-Reporters, just like winbad, into BK, ASAP.
While we shorters keep profiting, as winbad sinks to Zero.
There is NO DOUBT THAT :
WNBD IS A TOTALLY NON-REPORTING, NON-U.S. [=FOREIGN] PINKY.
AND WNBD HAS DELIBERATELY UNEXPLAINED 'PREFERREDS' .
AND WE SHORTERS LOVE THAT PRICE CRASH INSURANCE.
And, we don't really mind if the longs don't care, especially
if they keep buying, and holding, and cheering, and buying
more, as they keep 'averaging down' , and 'accumulating' ,
and hoping.
Pinkys have always been a 'zero-sum game' , where ~90+% of
All longs lose, ~90+% per year, while Everyone Else Wins,
90+% per year. We shorters can lose. It's basic math.
Thanks. And, Sincerely. extra . [but oooo, as usual].