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.
wnbd is pink + non-reporting + foreign...
ON PURPOSE. wnbd is 'Allowed' to explain their Secret
10 Million Totally UN-explained Convertible Preferreds,
but they WON'T, EVER. We shorters love this, because we
know that it is just free insurance for All shorters, only.
We are betting that the 10 wnbd Million Convertibles
Permanently + Absolutely Own at least 80% of all winbad
VOTES + ASSETS. And, the only 1 guy who owns them ALL,
can use his ~80+% 'votes' , to vote himself all the way
up to 99+% , any day, or overnight. Without ever asking any
commoner to 'vote' , ever. Or, even Telling any of them,
before, or after, it's way too late [which it already is].
[Just like copi + swvc, and they're not even quite pink,
officially, and they're not even NON-U.S. 'companies'.]
No Real Investor would ever buy + hold winbads, but many
appear to be flipping + shorting, right after 'news' is
expected [by wnbd fans], or 'leaked' , or 'published' [by
the only 1 wnbd Insider].
So, wnbd longs really never own anything, unless they flip
out, in time. Because, the only 1 Convertible Preferred
voter + asset owner, owns 80+% now, and 99+% any night that
he 'votes' himself another bonus [in our opinion, of course].
We could be wrong. Just ask him. And see if he could actually
prove that we are wrong. We thought that we were wrong 1 time,
previously, but, we were misteaken.
By the way. Did ANY winbad commoner Ever Vote?
On Anything? Ever? While being diluted to Zeroness?
Anyway, regarding chart fans, and their 'strategies' , of
always 'averaging down' , 33% per chunk, and always leaving
" 10-20%, for any NEW UNEXPECTED BOTTOM " . First fact is
that 'charting' does Not work on Massively Diluting pinkys,
that Totally Hide their Fully-Diluted Share-Structure, and
already own an UNdilutable 80+% Preferred 'share' of all
'company' Votes, And Assets, and can vote themselves on up
to 99+% any day, or night.
But, in NY politics, it is sometimes ok to :
" ALWAYS......have 10-20%, for any NEW UNEXPECTED BOTTOM " ,
unless your phone is tapped. Right before you're tapped out.
P.S. ; Always check the history of success vs. failure of any
poster who ever says anything like this :
" read this, study it, save it.......PRINT IT OUT......
this will save you[r] life, [+], [+], bank account, and
heartache.......as a matter of fact, this will be
the most important post you will probably ever read:[.]
don[']t question me.......just do what i tell you....... "
We almost totally agree, with minimized [modifications].
extra, Sincerely ; But, oooo , of course , as usual.
P.S. ; It is no accident that pink longs donate 90% per year
to their favorite Insider pink CEO's, and us global outsiders,
including Brokers + M&Ms + shorters + ~50% lucky flippers.
[ Note: The first 3 always keep their pink profits. While the
~50% temporarily lucky flippers usually get unlucky, before
they are forced to retire, unluckily. ]
Vegas was the first [+ best] to learn + use the 'method' .
If you lose quickly, you leave quickly, with Zero. But, if
you accidentally win early, against all odds, you just bet
more, and still go BK, a little later. After a few 'comps' ,
which don't cover the cash losses, but, they're good stories.
pennyland, especially swvc, will drop 20%, within 13 hours...
The big boys, who own Real stocks, will be getting
a flood of margin calls, starting in 7 hours.
And, to cover their margin calls, they will be cashing in
whatever play money they had sprinkled into pinks+pennys.
swvc will be hit extra hard. Everything they own,
loses money, and is mortgaged to the hilt, and way beyond.
swvc can't possibly be 'acquiring' anything. swvc has NO
MONEY. And loses more every day. They could only possibly
'acquire' something worth less than Zero. Just like they
just did, when they 'acquired' a shell stuffed + exploding
with about-to-convert CD's. And, there is no way that the
Big T was 'unaware' that he could not 'repurchase' them.
First, he had NO MONEY to purchase Anything. Secondly, he
has dealt with non-Repurchasable CDs, for many years, as a
'professional'. Everyone knew that Cornell's were Never
Repurchasable.
But, here's the best part. Big T quit all communications
with common 'share'holders. While he was sneakily doing
a 'big deal' , to double the Fully Diluted share count.
And, then he Filed the 8-K. And still did not tell anyone.
We shorters + share-structure 'dd' hounds had to sniff it out.
And, tell the swvc fans. And, they are still trying to spin
it as if it's 'more good news'.
Big T started his personal cash machine, by 'reducing' the
common share count to ~180 Million, while voting himself,
80% of All swvc votes + assets, no matter how much it is
ever diluted. Then, in way less than 1 year, he diluted the
180 Million float, by MORE THAN 5X, straight up to 1 Billion.
Then, last week, without telling Anyone, another 800 Million
more dilutees snuck in, PLUS 134 Million Cashless Warrants,
which are much better gifts than even options [which must
be paid for, in Cash, which helps common shareholders].
So, let's add it all up, starting less than 1 year ago,
with 'only' ~180 Million shell shares, and No money-losing
wanna-be mini-department-stores. Then, he makes the shell
buy-out his own personal, money-losing Wize Guys triplet,
and the antique bunch of Hackers money-losers. And the swvc
fans are happier than ever, while :
1] swvc common stock is DOWN 91+% in the last ~6 months,
Because,
2] swvc now 'owns' a bunch of money-losing stuff,
And,
3] swvc's Fully Diluted Share Count is UP 5000% ,
from 180 Million, straight up to ~2 Billion, TIMES 5,
[thanks to Big T's 5x-Super-Toxic-UNdilutable [forever]
Convertible Preferreds, which Always Own 80% of All swvc
votes + assets,
So,
4] swvc's Fully Diluted is 10 BILLION, RIGHT NOW, even if
all of them were 'restricted' [ask any accountant], but,
the 'restrictions' don't even matter, because they go away
in 6 months [or less, if anyone pays $500 to any lawyer.]
And,
5] He can vote himself many more, any day, or night,
straight up to 99+% , or, in a few steps.
There Never was Any Reason for him to have more than 51% ,
or was there? We shorter know exactly why Big T wants to
have 80% [and more, any day]. And Big copikat has 83%. And,
Big winbad has a 'secret' 10 Million Preferreds, that we
are betting are UNdilutable 80+% owners of all votes+assets.
That's why all 3 are perfect for shorters, and lucky flippers
and, especially their 80+% UNdilutable owners.
swvc's 10 Billion Shares-Worth of Fully-Diluted handwriting
is all over its few money-losing walls, and Wall Street,
and floors, so there is no floor to the market correction
to the 'price' of swvc. swvc, today, is worse than an empty
shell, with 10 Billion shares. Because swvc owns nothing
but money-losers, and Massive Super-Toxic Debt, And, has
10 Billion Fully Diluted Shares. And, growing faster than
any pink shell, ever. 5000% Massive Dilution, in ~9 months.
[That's almost as fast as unborn babies grow, in 9 months.]
Bottom-line : swvc will drop another 90+% in the next 9 months
or faster, if they keep 'acquiring' money-losing 'companies',
that are pre-stuffed with Toxic Debt.
You swvc fans should really start watching the only thing
that really counts with pinks + pennys. Especially if the
CEO never talks about it, but always does it. It's called
Fully-Diluted Share-Structure. By the way, 5000% dilution
is 50x, which is mathematically equal to doubling the fully
diluted almost 6 times. And, Big T did it all, in 9 months,
while the swvc fans still keep cheering. In other words,
FOR THE LAST 9 MONTHS, swvc's FULLY DILUTED HAS DOUBLED,
EVERY 45 DAYS, INCLUDING LAST WEEK, WHEN IT DOUBLED AGAIN,
as usual, and probably continuing, as long as the longs keep
buying + holding + cheering + buying more. They call it
'accumulating, at bargain-basement prices'. By now, longs
should start noticing that swvc has more sub-basement parking
levels than u-know-what used to have.
extra, Sincerely ; But, just the Facts, as we read them, in
swvc's own SEC Filings. We could be wrong. We thought that
we were wrong, once, but we were misteaken.
Looks like another sleepless Sunday night. For those of us
who are going to place the earliest pre-market sell orders,
and let the Brokers worry about 'borrowing shares' within 3
days, unless we cover quicker.
The float is ~1 Billion. According to the T/A...
Then add the new 800 Million, from the newest Toxic
Convertible Preferreds, which are not-quite-floating,
but could be, any day they want, and 'restrictions'
don't matter, because they go away, automatically,
in 6 months, [or less, if they pay a lawyer ~$500].
Then, add the ~134 [?] Million newest Toxic Warrants,
which are also not-quite-floating, yet.
So, 1.000 + 0.800 + 0.134 = 1.934 Billion 'shares' .
Not looking good, so far. But, it's 5 TIMES WORSE,
at least, as far as outsiders know, today.
Because, the CEO personally 'voted' to give himself those
5x-Super-Toxic-UNdilutable-Forever-Convertible-"Preferreds" .
[And, he could 'vote' himself many more, any day, or night.]
So, now we have, at the very least, a "Fully-Diluted"
1.934 x 5 = 9.67 BILLION swvc SHARES, at least, yesterday,
and growing fast, because, it was 'Only' 0.2 Billion,
just a few months ago, when the genius CEO took over.
That is a totally unequalled by ANY pinky or penny :
50x SUPER-TOXIC-MASSIVE-DILUTION,
of swvc Fully-Diluted [And SEC Filed] Share Count,
in WAY LESS THAN 1 YEAR.
Yesterday's 'price' of swvc should be Reduced by that same
factor of 50, because, swvc is still losing money [actually,
faster than ever, because all of their new stuff loses more
than their old stuff], And, because, there are now,
50 TIMES MORE FULLY DILUTED swvc Common 'Shares' . [And, Real
Auditors ONLY Count Fully Diluteds, And, they ALL Count, NOW,
EVEN IF THEY ARE NOT CONVERTED, OR EXERCISED, OR MAY BE
RESTRICTED FOR A SHORT TIME.]
How come this MOST IMPORTANT + Current swvc SHARE STRUCTURE,
never sneaks into the fairly unbalanced swvc iBox. And, the
FACT that only 1 guy ALWAYS has at least 80% of all swvc
votes [And Assets], and can vote to increase his Preferred
'share' of ALL, to 99+%, any day, or overnight, personally.
So, Yesterday, swvc closed at $0.0073 , because the longs
are buying as if they think that there are 'only' 0.2 Billion
'shares' . But, All Real Investors, and especially we
shorters, actually know that the 'price' Must soon float
down, by a factor of 50 , [at least, and assuming that the
genius CEO doesn't sell any more Toxic CDs, or print any
more common 'shares' , or give away more Options, or Warrants,
or vote himself up from 80% up to 99+%].
So, $0.0073 / 50 = $0.0002 , or $0.0001 , or less.
Which means, swvc should be planning a Reverse-Split,
Yesterday. Because swvc can't 'trade' below $0.0001
extra, Sincerely ; But oooo , of course , as usual.
P.S. ; This is no joke. swvc really is 'worth' no more
than $0.0001 to any Real Long-Term Investor, Assuming NO
More Dilution, EVER. Thus, swvc's current 'trading price'
is all fluff, and could drop to Zero, any time, just like
any non-reporting pink shell. [Actually, swvc is worse than
any pink shell, because shells don't own money-losing stuff.]
Some of us shorters make $1k plus per month,,,
by shorting + covering witfit, almost every month.
And, we make much more + faster + risklessly,
right after witfit's usual/annual reverse-split.
P.S. ; The best part is, every penny we profit,
is deducted from the witfit's CEO personal profit.
So, we both have yachts. While the longs keep longing.
This witfit game is more than 10 years old, and continuing.
We hope it will end, because we don't need the short profits.
But, if it continues, we will keep collecting our shorters
profits, at the direct expense from ally, and his new allies.
wnbd has Totally UNexplained "Preferreds" ,,,
10 Million of them. And, 5 Billion 'Authorized Shares' ,
but 'only' 10% of them currently appearing to be floating.
No Real 'company' ever does that. And, it is no 'accident' .
Because wnbd Had to have 5 Billion 'Authorizeds' , in our
opinion, to 'cover' their already-sold Convertibles.
But, since wnbd is pink, and wants to stay pink, and can,
forever, and does not have to 'report' the only thing that
counts, which IS wnbd's SHARE STRUCTURE. Which is much more
important than any may-be-sales, or possible 'revenues' , or
Absolutely Anything.
The SECRET wnbd Share-Structure, Exactly defines, who owns
51+% of All wnbd Votes, and if THEY ARE NEVER DILUTABLE,
No Matter How Many New Common wnbd 'Shares' Float in.
[Just like swvc + copi + etc's]
But, wnbd is worse, because they are pink, and their pink CEO
[of a Not-U.S. 'company'] does not even have to 'report' the
Toxicity of his 'preferreds' . Which we are betting [shortly]
are at least an UNdilutable Control of 51+% of ALL wnbd Votes
AND Assets. [Which we know is the Fact about copi + swvc,
because they Must Report, unlike wnbd]. And, when the only 1
'preferred' guy Actually Owns More Than 50% Of ALL votes,
[and assets], he can 'vote' himself as many more as he ever
wants. Overnight. And, no common 'share'holder will ever know,
in time.
If wnbd accidentally 'does good' , All of the commoners could
be reduced to 'sharing' less than 1%, or less, overnight.
And, if wnbd does bad, like 90% of deliberate pinks, they
just keep printing new common 'shares' , which lose 90% of
their 'value' every year, as long as longs keep buying +
holding + hoping.
That's why no Real Investor will ever buy + hold wnbd's.
It's just a temporary playground for flippers, and an
insured + riskless slider for shorters + MM's + Brokers.
The more it bounces, on PR's + projections + fans' hopes,
the more quickly + risklessly it is profitable, for lucky
flippers, and shorters who wait for the '~news-based' pumps
to peak. And, wnbd does not even do any Real Filings, and
it is not even a U.S. controlled entity. Can't miss.
extra, Sincerely ; But oooo, of course, as usual.
P.S. ; Read our previous posts, before buying, or holding.
They are never linked to the fairly unbalanced wnbd iBox.
Some know why. Others try [to hide them].
We try to back everything up here, EXCEPT,,,
wnbd's Share Structure.
We Know that there are 5 Billion Authorized Shares,
and at least 500 Million Currently Outstanding.
There must be a 'reason' for 10 TIMES AS MANY AUTHORIZED,
as there are Currently Outstanding.
But, the CEO won't explain why. Except for an anti-logical
excuse that non-reporting pinks have some secret special
'access' to some unknown secret special source of new
'capital' , that goes away if wnbd is not pink.
We short-term shorters are betting that we know exactly why
wnbd Has To stay pink, and hide its share structure,
and gag its T/A, and only leak out its growing float,
very much after it has already happened. And, have an
A/S that is 10 Times Higher than 'necessary' .
[By the way, the Authorized could be lowered or raised in
1 day for any pink. It would only be originated + KEPT
10 Times too high, for a very good reason. And, it would
Not ever get to be 10 Times too high, if it did not
Have To Be 10 Times Too High.]
And, it explains exactly why wnbd is pink + non-reporting.
So, here it is. It's hidden within the untold secrets about
" THE TEN MILLION PREFERRED SHARES " . We are betting that
those 10 Million Preferreds are Convertible, Right Now, or
whenever convenient, into 'ownership' of at least 80% of all
of wnbd's 'assets' , and votes. And, the votes count, even
now, before conversion. Other 'companies' , with large and
growing revenues, today [like copi + swvc] have exactly the
same 5+x-Super-Toxic-Convertible-Preferred Share Structure.
But, they can't hide it, because they are NOT Totally
Non-Reporting, AND, they ARE based IN THE U.S.A.
That's why the Canadian Wal-Mart pump of wnbd, [a Canadian
'company' ] stalled so fast. New, and Real Investors won't
touch wnbd, except for quick flipping and day trading.
Because Real Investors' #1 care is share structure. And, when
it is permanently hidden, and/or can be changed for the much
worse, any day, without warning common 'share'holders, by
having to ask them to vote, or even Ever telling them, It's a
Super-Toxic No-Go [as wnbd fans cheer about non-toxic soap].
It's The #1 Absolute Most Massive Red Flag Possible. Much
Worse than no sales ever, or decreasing sales, or a giant new
lawsuit, or anything that takes a little time, and allows
common 'share'holders to partially escape, for a few days,
because, the 5+x Super-Toxic Massive Over-Control of 80+%
of all wnbd votes [and assets, and share value], can, at any
time Reduce common 'share' value to Absolute Zero, and day,
and Literally Over Night. So, common wnbd 'share'holders
actually own nothing, when it counts. But, it can trade, and
seem to have a 'value' , as long as longs keep buying, and
holding, and flipping, and buying more, and 'accumulating'.
But, we shorters are pretty sure that 'The Emperor's Common
Clothes Are In The Eyes Of The Believers' ONLY. And, all
votes + assets are really, and only, owned by the Preferreds.
We day-trader shorters love that extra free guaranteed
price crash insurance.
So, back to the guessing. If each 1 of those 10 Million
Preferreds currently owns 100 votes, and can be converted
any day into 100 common 'shares' , that's 1 Billion extra
'shares' , which must be counted, by accountants, in the
'Fully Diluted' share-count, Right Now, even before they are
converted, and even if they are, or may be, 'restricted' ,
for the maximum period, which was just reduced to 6 months.
[ By the way, Preferreds typically convert to 100, or more,
common shares, AND, at Zero cost to the converter. ]
But wait. That's just 1 Billion shares from the Preferred
Conversions, added to 0.5 Billion Already Outstanding,
which Totals only 1.5 Billion. But, 5 Billion were, [and
still remain] Authorized. Why would wnbd do that? And, where
are the other 3.5 Billion? We see 2 easy answers.
1] They are not missing, if each Preferred is actually worth
450 common shares + votes. Or,
2] The missing Preferreds could be 'voted for' , any day,
by the only 1 guy who owns at least 51% of all votes today.
Maybe as a 'bonus' , for selling soap to Canadian chain
stores, without even owning the factory that makes it.
[And, he could vote himself even more, if he just votes to
raise the Authorized, overnight, or do a Reverse-Split.]
Which is possible [likely?] if wnbd 'does good' , and is
sold, [right after the 1 guy votes himself 99+% ownership],
and All of the commoners split up the remaining
less-than 1% share of the net-net-net selling price.
These Facts about 'The Secret 10 Million Preferreds' should
be the First, and Only thing in the iBox. Somebody should
visit the wnbd CEO, and demand to see the documents that
define the rules for every 1 of those Preferred Shares.
extra, Sincerely ; But, oooo, of course, as usual.
P.S. ; Sorry for the probable 'news' . But, it's probably
Not news, since it has been known by at least 1 guy, ever
since he invented the 10 Million Super-Secret Preferreds,
and the 10x Authorized Share Count, to cover them, when
they are converted. [We are pretty sure that they have to
be covered by Authorizeds, even for non-reporting pinks.]
Even, maybe, in Canada. But, it never seems to bother any
pink longs, until it is way too late. As we all will soon
see, by the responses of the wnbd fans to this post.
Looks like if you want out before 0.030 today your gonna have to whack the bid.
We only short after 100+% pumps,,,
followed quickly by 20% drops from the peak.
Then, we usually cover within 3 trading days,
when it quits dropping fast, or is 20% above
its pre-pump starting price, whichever is sooner.
copi is great, because it is so bouncy. [wnbd was
good for almost 50% profit in 3 days, right after
its peak in early Feb. Since then, it just drifted
down, much too slow for our shorting rules. But, it
may qualify tomorrow, like copi.]
We NEVER Short Without Covering Within 5 Days.
If it doesn't pay off quick, it's too risky after 5 days
to continue to try to squeeze out the very last drops.
We just wait for the next pumper or bouncer, like copi.
Except for our favorite down-drifter, which always loses
~50% per month, and reverse splits every year, as required.
P.S. ; We've never lost by shorting copi, and never waited
longer than 4 days to fully cover. Often, we are half-covered
within 0-2 days. [We also never lost on witless, but it
usually takes 3+ weeks, which is ok, because it has such
a reliable, multi-year track record, and we enjoy annoying
its CEO, who we know, and meet frequently, since some of us
live nearby, but, we never get around to discussing shorting.
Because, that's his job. He sells new shares ~short, for 100%
profit, immediately, for 10+ years, and never covers, [just
like copi] which for CEO's is called 'buying-back-shares'.
There is no reason to ever buy-back 'shares' , or ever quit
printing new shares, or selling Super-Toxic Convertibles,
if the CEO has a 'share structure' that guarantees he always
owns 51+% of all 'company' votes + assets. copi Insiders
already seem to 'own' more than 87%. And, can 'vote' on up
to 99+% any day, or overnight. There is no reason to be that
paranoid, so it must just be greed, or a planned sell-out,
where the longs 'share' their less-than-only-1% of copi,
AFTER everyone else is 100% paid-off. [We suspect the same
of wnbd, because they have unexplained "Preferreds" , and
an A/S that is 10x its O/S, and they're totally UNreporting.]
We shorters always know what that means, because we only care
about 'share structure' , even for 'companies' with sales,
like copi + wnbd + swvc + a few other pinks + pennys.
extra, Sincerely ; But oooo, of course, as usual.
GLTA. Trading copi back down to 0.03 ,
and below, resumes in ~8 hours. Nite-all.
shorters are sellers
copi should break into the 0.03's again this week,,,
possibly tomorrow. Could be another profitable week
for the shorters.
P.S. ; Day-trader shorts never appear as 'short interest' ,
if they cover within 3 trading days. And, they may even
be 'naked shorting' , without even knowing [or caring].
Because it is their Broker's job to 'borrow' the 'shares'
before the end of the 3rd day.
witfit loses 50% per month, for many years...
It is the Absolutely Most Reliable SHORT.
Especially right after witfit's annual reverse-split.
These days, witfit trades an average of 10-20 Million shares
every day, so, it is easy to build up a short position of
10 million shares, within 1 week. Today, that's $7,000 worth.
[Short ~20% per day, to keep the price from falling too fast
while you are still shorting. We usually short the last
40% in the 4th day, to help push witfit downhill faster,
AFTER we're done shorting.]
Within 1-2 months wit will be down 50% , for a quick + safe
50% profit. Then, just cover it all, but not too fast.
We like 20% per day, for 5 days, to avoid pushing the price
up while we are covering. After covering, and banking the
easy profit. Just, start playing again. We usually wait until
the next week, to let witfit 'recover' from our buying
pressure from covering our shorts. And, to not be too greedy.
At today's price, that would be a $3,500 profit in ~1 month.
But, the price is low now, so it may take ~2 months.
It works faster when the starting price is over $0.0020 ,
and especially soon after witfit's reverse splits.
GLTA, extra, Sincerely
P.S. , Here's the best part, [after making $3,500 per month].
Whatever the shorters make, is 100% paid for by Alex, because
he makes that much less. He keeps everything that the longs
lose, MINUS the shorters profit. And, the flippers just lose
an average of half as much as they would have, if they just
stayed long all along. Maybe a few flippers get lucky, but
when all flippers are flopped in together, they achieve
another total loss, [which will average about half as much
as the always-longs], which, of course, Alex also keeps.
'without the Written Consent of YA Global' is EVERYWHERE now!
So, the swvc CEO still + always owns at least 80+% of All
swvc assets + votes, no matter how much he votes to dilute,
and he is the ONLY 1 voter, forever.
And, YA Global tells him what to do, to make sure that they
get a big profit, fast. Because, that's their 'business' ,
and they do it better + faster than even Cornell, or swvc.
As shown by the latest swvc Filing, where YA got an even
Better Deal than they had last week, FOR ZERO COST, except
to swvc common 'share'holders, who paid for the 'New Deal' .
And, those swvc commoners still 'own' less than 20% of ALL
swvc votes + assets, ALL combined. And, the 20% keeps
dropping, just like the 'price' of swvc common. Real
investors ultimately set the price of ALL common stocks,
including pinkys + pennys + shells, especially if they keep
[and can only keep] losing money. But, confused unvesturs
can make the daily 'price' bounce, to the benefit of
shorters + lucky flippers. Especially if the swvc-fans/buyers
and their iBoxes, are overloaded with Fact-hiding optimists.
In this real world, ONLY 2 things count, when 'pricing' swvc
common 'shares' , or any always-money-losing 'company'.
1] swvc only 'owns' money-losing stuff, and wants to 'buy'
more money-losing stuff, with even more Toxic 'financing'.
[We would NOT be surprised if the next thing that the swvc
CEO 'votes' to 'acquire', has an over-load of YA Toxic Debt,
and YA provides 'written consent'.] [Or, is it con-cent?]
2] The swvc 'share-structure' , which gets worse for the
commoners, every week. The commoners 'own' 80% [or less]
today, and, it could be only-1-vote changed to less than
only 1% tonight. And, everything counts as 'Fully Diluted' ,
including the CEO's 5x-Super-Toxic-Preferreds, plus All of
YA's old + new + newer stuff, and ALL Options, and ALL
'Restricteds' , which now only take 6 months, or less, to
UNrestrict [thanks to the newest/recent SEC Rules]. And,
6 months [or less] is no problem, because there are already
too many new common 'shares' lined up ahead of them
'FOR SALE, ASAP' anyway.
But, that's just our short opinion. And, we probably 'own'
more common 'shares' than 99% of the long commoners. That's
why we care, and post, and keep riding 'free' shares, shortly.
extra, Sincerely ; But oooo , of course, as usual.
P.S. ; swvc will Never 'buy-back' any common 'shares' ,
because swvc is only allowed to sell them, to pay off
YA + WF + who knows who else. And, the experienced swvc CEO
will Never give-back any of his UNDILUTABLE 80+% to any
common swvc 'share'holders. But, he may use his Only 1 vote,
to increase them to 99+%, and then trade some of them, if
'things' get tighter, and swvc looses cash faster, in this
new + still expanding recession. And, swvc 'owns' the worst
stuff. Old buildings, in an already-depressed tiny region,
that is trying to compete with Wal-Mart, for selling
over-priced foreign stuff, to the newly laid-off consumers,
who are still trying to save for the 50+% increased mortgage
payments on their sub-prime loans, for 20-50 year old houses
and trailers, that have Negative 20-50% 'equity'.
swvc is a fully-insured 'win-win' , for ALL shorters, and
insiders, and the 50% lucky flippers, ONLY. And, the 'game'
is only extended + enhanced by the hopeful longs, who keep
buying + holding + 'averaging down' [and cheering].
Winners 'average up' , as they are proven correct,
just like Warren Buffett [and, he always controls the
important decisions, like YA + Cornell concerning swvc.]
We have noticed a new 'trend' in pinkys, including swvc,
[+ copi + wnbd] and many other 'stocks' that act like
pinkys. Shells don't work anymore. So, they 'own' things
that look like 'revenue-producing-businesses' . Because,
it's easier to sell new common 'shares'. But, their
'operations' lose cash faster than pinky shells, so they
must dump brand-new common 'shares' faster, and/or sign-up
for Super-Toxies. And [this is the key] to make sure that
they can get more Super-Toxic 'loans' , the experienced CEO
always controls 51-99+% of ALL votes + assets. And, can use
his Only 1 vote, to change anything, more to his favor,
overnight. Even tonight.
Good Night.
All pinks must be "cash-flow neutral" by selling new shares,,,
to balance never-ending losses, just like copi.
In fact, pink shells are a better gamble, because they
have No Business, thus, no business losses to have to
paper over by selling new shares. So, they dilute slower.
Any pink, or always-money-losing 'company' , must
Always be 'cash-flow-neutral' by selling new shares,
otherwise, they go BK, right away, and go away.
We especially love this quote, By copi Management :
" the Company ANTICIPATES its OPERATIONS MAY become cash-flow
NEUTRAL DURING the second quarter of fiscal 2008. "
[How many words did the lawyers change, before printing?]
All pinks + money-losing companies Must be cash-flow neutral,
AT THE VERY LEAST. The only profitable part of copi's
"operations" is the new-share printing + promoting division.
And, it seems to have plenty of unpaid outside helpers, who
[say that they] keep buying + holding + buying more, and
helping others to do the same, by repeating copi stories,
and hopes + dreams. But never discussing
the ONLY 2 IMPORTANT FACTS ABOUT copi :
1] copi has lost money for 5 years, and does not even
predict that it will ever make a profit.
2] copi is a massive diluter, just like all pinks, because
it must, like all pinks. And, copi's Fully Diluted share
count is multiplying exponentially, and faster than most
pinks.
But, the copi fans won't stuff these most important copi
Facts, in the empty half of their iBox, which is supposed
to fairly balance the constantly growing, already over-filled,
fluffy half. In fact, that iBox fluff keeps dripping out,
and down to the posting box, many times, every day. We
believe that the iHub Rules consider such constant repetition
to be spam, and tossable. But, we shorters don't really care.
More fluff just makes copi bounce faster + lower. And, the
trading price must always/soon correct to the Real Market
Value, based on copi's Massive Multi-Year + Continuing
Fully-Dilution + Never-Profitability. We shorters, [and the
50% lucky flippers], appreciate the death-insurance value of
the not-fair-or-balanced picture of copi, as presented to the
5-year long buyers + holders.
copi's next price correction is almost late right now. We
eagerly await, and keep waiting for the next Filing. We know
it will report Another Big Cash Loss, and Massive Increase in
The Fully Diluted 'share' count. The copi fans should have
fun trying to explain that newest 'good news' .
extra, Sincerely ; But oooo, of course, as usual.
copi already admitted to NO PROFITS, FOR SURE,,,
1] For Last Quarter , which they are delaying Filing,
until the last day, or later. Probably trying to get
slightly higher prices as more new shares float in. And,
they KNOW IT IS A LOSS, because it ended 2+ months ago, and,
they have to give the Outside Auditor at least 1 month to
unfudge the Insider Numbers. Otherwise, they'll be late.
2] This Quarter , which is already 70/91 = 77% done, so
they already know it's another, in copi's unbroken string
of losses. That Filing will be in late May, at the earliest.
3] Next Quarter. copi barely mumbled that they 'might' be
profitable in June. Which means that copi WILL DEFINITELY
NOT BE PROFITABLE BEFORE JUNE, and maybe never. Because,
copi is only going to pretend to be profitable in June,
BY DEFERRING 'EXECUTIVE' SALARIES. It's just robbing peter
buyers, to pay paul bearers. But, it's worse, because, those
'deferred' salaries WILL BE PAID IN THE NEXT QUARTER. And,
even worse, to ease the pain + suffering of the 'execs' ,
they just voted to 'award' themselves 30 Million, Brand-New
Options, which IMMEDIATELY ADDED 25+% TO THE FULLY DILUTED.
So, the 2nd Quarter will be another loss. And, it won't even
be Filed until late August, at the earliest. Which means
that copi must just keep on truckin in new shares, to keep
covering losses.
4] Nexter Quarter [= July - Sept , 2008] can't be profitable,
because they have to pay back those 'deferred' salaries, that
copi tried to shuffle out of the previous quarter. And, that
trick won't be revealed until the Filing in late November.
Gosh, November comes so soon. And then, it's time to start
printing Christmas Bonuses, and Awarding More Options. Well,
that takes care of 2008. 4 more Quarters added to the 5-year
unbroken string of constant losses. Which must always be
balanced by constant increases in the Fully Diluteds.
And, they Fully Count, Immediately, even if they are
not-yet-Converted-Preferreds, or not-yet-Exercised-Options,
or 'Restricteds' which are only delayed for 6 months, thanks
to the new 'Rules'. And, the slight delay is no problem,
because, there is already a long line of UNrestricted new
shares waiting to float in ahead of them anyway.
extra, Sincerely ; But oooo, of course, as usual.
copi is the shorters' playground...
It bounces more than 25% most trading days.
While it keeps trending down 25% per month.
Shorters can't lose.
Even if they short at the worst time on Any day.
They are sure to have a profit within 1 month.
We may try a new daily strategy.
Just short a little after each 10% interday drop-off.
And, cover in the last 30 minutes, if profitable.
Otherwise, just wait for a day or two, at the most.
And then, play again, the very next day.
Even copi flippers could use a similar daily method.
But, it is much more risky, because they must be long
50% of the time, and fight the 25% monthly down-trend.
Whereas, flipping shorters are short 50% of the time,
and appreciate the 25% monthly down-trend Insurance.
extra, Sincerely ; But oooo, of course, as usual.
P.S. ; Only the price ever counts when trading stocks,
[unless you are an insider, that controls things, like
constant dilution, or 80+% of the votes]. So, we save time
by not reading any of the constantly repeated outsider
hopes + guesses + 'good news analyses'. But, we do read,
and analyze all Filings, especially the good parts, that
always show huge increases it the 'Fully Diluted' shares,
and the Super-Toxic 80+% UNdilutable Vote + Asset Control.
We especially profit from the total 'mis-understanding' ,
as believed by the longs, that 'restricted' shares don't
count. Actually, they do count, for immediate dilution of
copi assets, and Real common 'share' value. And, it is
helpful that they are 'restricted' [for a short time] from
trading, because that just makes copi bounce faster + lower.
Which is perfect for 100% of the shorters, daily or monthly,
and the 50% lucky flippers, if they flip quick, before the
25% monthly copi down-trend re-absorbs their flippin profits.
GLTA
S'B'; Here's a few answers: from a fellow Physics guy,,,
who did the math, and keeps up with the 'share structure DD'
ONLY, [because that's the ONLY thing that counts, when
evaluating any company, ESPECIALLY PINKYS + PENNYS], and
plays WITH the 90% odds, which ALWAYS favor pinkys + pennys,
LOSING 90% PER YEAR, and GONE within 3 years.
Your "questions" are followed by our {answers} :
" - Why would YA want access to Hack's buildings? "
{ To watch their loaned out cash, and be able to recover
their portion, first, and before it's all gone. }
" - The clauses rest[r]icting mergers, etc. Who could file
for mergers on behalf of SWVC? (This is one I am wondering
about.)"
{ It just prevents more mergers with more money-losing,
toxic-debt-overloaded 'companies', before the loans are
paid off. }
" - YA did a restricted CD. Still, I think that's brilliant.
Does that make them different than a creditor? I think it
makes them a holder of SWVC (somehow in their portfolio). "
{ It's possibly 'brilliant' for YA. They got extra free
Warrants. In trade for accepting 6-month 'Restrictions' ,
which Only apply if YA converts to common. Which they won't,
because it is better to stay 'Preferred' , as swvc goes BK.
Also, when toxic lenders are temporarily stuck waiting for
'Restrictions' to expire, they just hedge [= short] an equal
number of shares, off-shore, through a 'silent partner' ,
who has no traceable connection to the temporary stuckee. }
" - WF finance -- kept clean and intact. "
{ We agree, at least 200%, but probably 500%. The WF loan
is collateralized by the wholesale cost of new + salable
inventory. And, swvc must file detailed reports every 30 days,
to assure WF that there is more than enough collateral. And,
we bet that the swvc cost of the new + salable collateral
inventory is At Least 2x the outstanding loan balance, and
probably 3x-5x. How come swvc 'forgot' to File that info? }
" - An LOI we think we all know. There is more to expect
than just than one. "
{ LOI's are meaningless, and unenforceable, just like 'company'
PR's. In fact, it Was just a PR, that included No Verifiable
Copy of any LOI. And, not even the name of the 'company' .
But, that doesn't matter anyway. Because YA + WF won't approve
any mergers and/or acquisitions of more money-losing, and
toxic-debt-overloaded, almost BK 'companies' , by swvc, until
all of swvc's debts [including WF + YA] are 100% paid-in-full.
" - Dumb question, but YA has direct access to our books.
Are we getting a GS/COES deal like GS got? Will YA whip us
into shape? (If anyone can refit a biz, it's YA -- those guys
know money like lungs know air.) "
{ You answered your own question. "YA -- those guys know
money like lungs know air." They always make money. First,
and fast. They know exactly how to profit from desperate
pennys + pinkys, ASAP, before they go BK. Just like shorters.}
Thanks for the insightful questions, really.
Please respond to our answers, without repeating any fairly
unbalanced iBox stuff. And then, please submit a few more
questions.
extra, Sincerely ; But oooo, of course, as usual.
P.S. ;
The big 'problem' for swvc longs [and insurance for shorts]
is that ALL 'Restricted commons' AND 'Convertible Preferreds'
AND 'Options' AND 'Warrants' are ALL COUNTED as part of the
FULLY DILUTED, as if they were ALL converted + exercised,
and UNrestricted. Someone should tell the longs that it
TOTALLY DOES NOT MATTER IF PREFERREDS ARE NOT-YET-CONVERTED,
OR 6-MONTH-RESTRICTED, OR IF OPTIONS + WARRANTS ARE
NOT-YET-EXERCISED. THEY ARE ALL 100% COUNTED IN THE
'FULLY DILUTED' , and that's what shorters count on.
And, the more the novice longs are confused, the more the
bouncing in the temporary [+ soon-to-be-and-always-corrected]
trading 'price' of the 'stock'. Especially pinkys + pennys.
GLTA. swvc price corrections resume in 13.5 hours.
Which leaves only 5.5 hours of re-thinking, for those
who enjoy 8 hours of sleep on Sunday nights. And, for many,
we already lost 1 hour this weekend, thanks to the
'daylight-savings' game. [Which is now 8 months long!]
[We Physicists know that anything over 6 months is a joke.]
swvc's Toxic Convertible Preferreds are Fully Dilutive Now...
There is no reason for them to ever 'convert' .
They are already Fully Damaging Now, and always were,
from the second they were printed + signed.
However, there are 3 reasons to not convert them.
1] They can be sold 'as is' , for full current value,
without converting.
2] If the Preferreds are converted, their dividends [12+%?]
end. And, those Preferred dividends must be fully paid,
to date, including all arrears, on All Preferreds, BEFORE any
dividends/whatevers can be paid to any common 'share'holders.
3] When swvc goes BK, or gets 'sold' , possibly in some
tricky paper swap, [which seems to be swvc's main 'business'],
the Preferreds must be 100% paid off, including principal,
and any unpaid interest, BEFORE any common swvc 'share'holder
gets 1 penny.
And, don't expect them to ever be 'bought back' .
swvc will always have 'better uses' for the cash, like,
covering 'operations' losses, and paying salaries + raises,
and bonuses + 'expenses' . And, 'acquiring' more toxic
'companies' from friends + relatives, and, anything else
that the 1 voter, who can never have less than 80+% of all
votes, decides to vote for.
Bottom-Lines :
1] The Convertible Preferreds own All of swvc's assets,
and way more than enough votes to keep owning all, forever.
2] The swvc common 'share'holders own Zero, and always will.
But, enough novices think that swvc common shares have some
value, so there is a 'price' , that bounces, based on the
lack of understanding of the most important Facts, about
share structure. [Which are missing from the other half of
the not-yet fair+balanced iBox.]
3] Only flippers + shorters will ever make money from swvc
common 'shares'. [And the CEO, as he prints + sells new
'shares' , or loans+warrants+options that convert to shares.]
Because, the swvc share structure guarantees that all swvc
common 'shares' will eventually be worth Zero. And, for pinks,
and 'companies' that are 'structured' like pinks [like swvc],
"eventually" = less than 3 years, and, usually less than 2.
4] swvc common 'share'holders essentially 'own' a shell, that
will never contain any assets. Which, actually, makes it
worth less than the typical pinky shell, which sometimes
contains assets, for short time periods.
5] No Real Investor or Fund will ever buy swvc common shares,
and swvc common will never 'uplist' to any real exchange.
But, if swvc accidentally 'does good' , Real Investors may
buy some Preferreds, and they might even trade on a real
exchange, if outsiders ever control the Preferred votes.
extra, Sincerely ; But oooo, of course, as usual.
P.S. ; swvc is not the only pseudo-pinky that has recently
learned to play the 5+x-Super-Toxic-Totally-Undilutable
Convertible Preferred 'share-structure' game. It seems to be
a new 'trend', especially for entities that actually are
'in business' , even if they are losing money, and may even
turn profitable [like copi + wnbd, and a few others, but
not znxt/paim, ever]. But, that does not change the Fact,
that the 'share-structure' insures that all common 'shares'
are eventually/soon worth Zero. And, shorters appreciate
that pseudo-pink company common 'shares' death insurance policy.
No professional 'big investor' in copi would ever buy any ,,,
Exponentially Diluting common copi 'shares' ,
and none ever have bought any.
They only buy UNDILUTABLE [=Toxic] Convertible Preferreds,
and that is all that they have ever bought.
And, if copi is forced to 'restructure' , which Always
requires Signed Approval of the Big Investors who own any
and all of the Toxic Convertible Preferreds, they Only
Ever Approve the Restructure, IF AND ONLY IF, they get
an immediately BETTER DEAL, which is Always at the
Immediate + Long Term DIRECT EXPENSE OF ALL HOLDERS OF
ANY EXPONENTIALLY DILUTABLE COPI COMMON SHARES.
There is only 1 minor exception, which is frequently in the
news, lately. Relating to sub-prime lending, and foreclosures
on homes sold to obviously-not-really-qualified 'buyers'.
The sub-prime lenders [banks] were just risky 'big investors'
in the dead-beat 'borrower' , who was 'in the business' of
buying an over-priced house, for almost nothing down, and
only making mortgage payments while they remained lower than
the rent he used to pay in a trailer park. And, he obviously
can't pay any more, as his mortgage interest rate 'adjusts'
upward after a few years of being temporarily 'fixed' at an
artificially low rate [which was most often 'bought down' by
the developer who was stuck with a newly-built track of
over-priced houses]. So, the developer paid up-front cash to
the sub-prime 'bank' to write a sub-prime 'loan' to the
obviously unqualified first-time-out-of-trailer 'homeowner'.
It would have been fine for the 'bank' and 'homeowner' if,
and only if, the over-priced house kept getting even more
over-priced. He would just 're-finance' , and use the extra
new cash to pay for the increase in his new mortgage payments,
for another year, and then do it all again the next year, and
again, forever.
But, the overpriced houses-of-cards[cruds?] collapsed, and
are still collapsing, to their actual+real market value,
leaving the 'bank' with 2 only choices, both bad.
1] 'Restructure' the mortgage to allow the dead-beat to keep
paying the sub-prime rate for a while longer, at a small +
stretched out loss to the risky bank.
2] Foreclose, and take back the much-lower-value 'house' ,
which, by now, is in worse condition than the dead-beat's
old rented trailer. Then, sell the house, after waiting for
some court to evict the dead-beat [who, by now, is not making
any mortgage payments, or fixing any broken pipes]. And, the
Bank-of-Risks must 'recognize' an immediate + big loss, and
file for BK.
Bank 'executives' don't like their 'banks' to go BK, because
they then have to try to find a new job, with lower pay, with
no air conditioning, or walls. And, they can't pay their own
mortgage, so those walls are also foreclosed.
So, the 'Big Investor' Bank-of-Risk chooses 'Door #1' , above.
And, 'accepts' a 'restructured loan' at temporarily worse
terms for the 'bank'.
copi's current [and maybe future] 'big investors' are in the
same [sinking] boat. They will Never agree to 'restructure'
at worse terms, unless All copi common 'share'holder 'value'
goes immediately to Zero [like the ex-trailer-guy's negative
'equity' in his new over-mortgaged house]. And, any new
'big investor' in copi will Never accept any worse terms
than the current Toxic Money-Lenders that copi is, and always
was, forced to accept.
Only copi common 'share'holders accept the absolute lowest
'terms' ever offered, in exchange for their new cash.
Which are, for copi, and ALL pinkys + pennys, eventually :
1] No interest
2] No payback/buyback
3] Continuous Exponential Dilution
4] Reverse-Splitting, until BK, or
5] a 'buy-out' where All holders of any copies of copi common
get Zero, after the 'execs' + Preferreds are 100% paid.
The result is the same, for all pinkys + pennys. That's why
only lucky [or insider] flippers + shorters ever leave with
a profit [and the 'execs' , and usually the Toxic lenders].
The only differences among pennys + pinkys are their 'stories'
and how well they are told, which determines how much cash
they collect from common 'share'holders, and how long it takes
before all common shares are worth a total of Zero, combined.
extra, Sincerely ; But oooo, of course, as usual.
P.S. ; Please note that we admit that copi common longs, and
other lucky common longs Can make money in pinkys + pennys.
But, ONLY if they luckily flip, or get-a-little-help from
their Insider 'friends' , or Are flippin' Insiders.
P.P.S. ; Retail shorters can't possibly be 'naked shorters' ,
because, only their Brokers ever have to 'borrow' the shares.
And, only if they still 'need to be borrowed' after 3 trading days.
And, they sometimes 'trade + re-borrow' shares every 2 days,
so the third day is always 'a day away' , at least.
And, MM's are actually paid to be short.
It's 50% of their job.
It's called 'making-a-market' ,
especially for micro-'stocks'.
But, the absolute best part about these new 'naked shorting'
'Rules' , is, that they only barely affect retail shorters,
but, in 1 extremely helpful way.
A 'deal' was made, to make some essentially meaningless,
and never-enforced-anyway 'changes' in the 'Rules' that
Brokers + MM's are supposed to try to 'follow' . But, ONLY
in exchange for the CANCELLATION OF THE UP-TICK RULE,
which previously annoyed retail shorters for 70+ years.
So, now it is no more. And pinkys + pennys can be
continuously shorted, down-tick after down-tick,
Without Any Waiting, for a time-wasting up-tick
[which was often inserted by a tiny 'buy-at-the-ask' by
another 'friendly' shorter, of a different stock].
In the last few months, since the end of the up-tick rule,
thinly traded stocks [especially like pennys + pinkys]
have been shorted down to their real + near-zero 'value' ,
faster than ever. Often dropping 50+% within minutes,
where 1 year ago, it would have taken hors or days.
And, it is All Good, for Real Companies + Real Investors,
because it quickly puts scam 'companies' out of their only
'business' of collecting new cash from novice unvesturs,
who, otherwise, would have bought many more of those
Exponentially Diluting common pink + penny 'shares' ,
if their favorite 'company' had more time before BK.
extra, Most Sincerely [Because, we have much more time
to study this Real DD stuff, as we skip over the hopeful fans,
and the daily repeats of their fairly unbalanced iBox stuff.]
Yesterday's swvc 8-K : After we read the whole thing,,,
[which we always do, ASAP, including ALL of the 'fine print],
We would most definitely NOT consider it to be multi-pages
of very specific + legally expensive words + clauses, and
due dates + requirements + that are " simply housekeeping " .
In fact, it looks much more like swvc had to 'sign-up'
for 'not-quite-voluntary' home invasion, including a garage
sale of all of swvc's assets + inventory, possibly before the
end of 2008, and probably starting on 20jan2009.
WF has very definite + strict rules, regarding monthly
reporting, [within 20 days of the close of Every Month],
and achievement of exact $ levels of Net Profits, After
All Expenses, including 'executive' salaries + all etc's,
and interest on huge debts + many more etc's, which Must
Be Met, Every 3 Months. [They are actually specified, with
exact dates + dollars, right in yesterday's Filed 8-K.]
swvc may meet the 31mar08 'goal' of still losing money,
because they always have. But, the cash-losing 'free ride'
ends with the 30june2008 Report, which must be delivered to
WF by 20july2008, at the Absolute Latest.
It requires a profit. And, all subsequent quarterly reports
to WF Require larger profits. And, a Much Larger Profit is
Required by WF for the Quarter Ending 31dec2008.
Otherwise, In Our Opinion, [and we are not lawyers, just
short-time Investors], WF will own swvc, without even going
to court, and All common swvc 'shares' will be 'worth' Zero,
forever. swvc's Toxic Debt holders may have some additional
choices [none very good], but, as long as they had not
converted their 'Preferreds' [or whatever they now are]
to common 'shares' , their Cornelli's may not drop to Zero
value immediately. They may even be 'sold' , in a new shell,
with a new 'name' , to new unvesturs. [Just like swvc was
born, with old Toxic Debt, that has been shuffled, by quick
and constant printing + selling of new common swvc 'shares'.]
But, we don't really care, because we only sell+buy common
'shares' of pennys + pinkys, with Toxic/Death-Spiral loans
and 'Creative Financing' , which they must sign up for,
to cover their never-ending losses, and excessive 'executive'
salaries + bonuses + etc's.
And, we are almost just like the rest of the swvc fans who
buy+hold or buy+flip or just keep buying swvc common 'shares'.
They just buy Before they sell common pinkys + pennys, like
swvc.
While we Only bet backwards, like the house, in Vegas. And,
we get much better odds. 90% per year is average, and fully
documented, with almost no risk, just like Vegas casinos.
Except, Vegas casinos only average 2-10% per bet. And, U.S.
Lotteries only keep 50% per bet.
extra, Sincerely ; But oooo, of course, as usual.
P.S. ; It is much easier for flippers + shorters to profit on
volatile pinkys + pennys like swvc [and copi + wnbd] that
have very little good + factual + Independently Verifiable
info available, but a large number of hopeful fans, that
claim to own common swvc shares, and control a fairly
unbalanced discussion. But, it's all great, for All, at least
for a short time, or longer, as long as we're all still happy.
the 1:30 buyers appear to have sold in the .030's ,,,
right around 11:30 , and never returned from lunch.
But, today was great for all copi cats.
Everyone was able to buy low, during early lunch, at ~11:30.
Most expect to sell a little higher, much later, in November.
A few have less patience, and sold a little earlier, before 11
The best part was the volatility, with a 28% swing low,
in just the first 2 sweet char+riot hours.
Then, it appears that the flippers + shorts went home early,
and the longs ran out of confidence + stamina + cash, and
could only get it half-way back up, so it finished very red.
Closing down 14% for the day, and down 35% for the week.
Next week should also be volatile. Maybe back to the
low 0.050's , for the longs to keep loading + holding.
Or, maybe right down to the 0.020's , followed by a little
bounce, before breaking back down to the 0.01's , where
copi came from, before the January pumps.
And, that's where copi belongs, because there has been no
meaningful good news since early January. Everyone already
knew that the anti-tele-bunker law would be extended. And,
copi 'executives' already knew that copi's Q4 was another,
in its life-long string of losses. That's why copi is
delaying its Filing to the last possible second, and leaking
no 'good news' about 'earnings' . Because there are no
earnings. But, official 'leaks' or hints are not illegal,
unless they are deliberately false. So, it's much better for
copi to just stay quiet, as long as possible, and use the
time as productively as possible, collecting new cash, while
the sun shines, before the Real + bad Factual news Files in.
extra, Sincerely ; But oooo , of course, as usual.
'the mine that was almost in production' ...
was sold, as is, including the only 1 profitable employee,
to the previous owners of The Mustang Ranch, since it was
confiscated by the IRS, for back taxes [really, and it
resumed profitable 'operations' for a while].
That could be znext and zfirst profit center.
And, the IRS has no jurisdiction over there,
especially if there is never anything but hidden profits,
and a bunch of bags lieing around all day + night.
Besides, znxt/paim has 5+ years of tax-loss carry-forwards.
So, znxt MustBeHidden Ranch could fool around for many years
to come. If it all works out, next year they could develop
more activities, like jungle hiking, and river rafting, and
paintball training with the local militiatants.
I wonder if that is part of znxt's 40% , or less,
whichever is lower.
extra, Sincerely
P.S. ;
The big bad wolf blew down copi's house of pumps today,
and winbad, the saler, and seaweed wally are znxt. All
three of them are standing [wobbling] on the shoulders
of the giant pearl's original financial creations.
Good news travels fast...
Especially for copi, since it is very thoroughly discussed.
We thought it would take 2 weeks to get back to the 0.030's.
Now, it's looking more like 2 days. copi may even skip the
predicted bounce to the low 0.050's , and go straight down
to the mid/low 0.020's.
A few claim to be big longs. We predict that they know a
good flip when they see it. Even if they 'believe' that copi
may show a small profit by November, that still leaves plenty
of time to flip out in the high 0.030's , and buy back in the
low 0.020's , and pick up an extra 70% 'free' shares.
They can't resist the easy money. We are all traders,
because, there are no 'investors' in pinkys + pennys.
90% of them lose 90% of their value every year. And,
90% of them are BK within 3 years, or quit trading, forever.
copi, however, may be 'bought out' , for the convenience of
some Telco, or VeriSign, but only the Preferreds will be
paid. And, after All of the Preferreds are 100% paid-off,
plus all 'deferred' salaries + bonuses + options + etc's ,
and 'expenses' + lawyers + accountants + more etc's , the
remaining pennys will be equally shared, among All of the
remaining common 'share'holders of copi, depending on how
many copies their are stuck with.
extra, Sincerely ; But just oooo, of course, as usual.
P.S. , In case anyone missed it, and since someone neglected
to stick it in the empty half of the fair+balanced iBox,
Here's a Reference to the prediction from ~18 hours ago :
**********************************************************
" Now for the best part.
copi finally closed today, for the first time, more than 20%
below it's most recent peak. So, flippers + shorters should
be starting to play tomorrow, and probably for the next
~2 weeks, until copi's price sinks/crashes at least into the
low .030's again. Then, we expect another bounce, for longs
to buy more new shares at ~0.050 , followed by another crash
to about 0.020 , followed by more bounces, until copi is back
to where it was before the 10x pump, last December, below .01
Below 0.01 will drive most of the flippers + shorters away.
But, they will keep watching, and waiting, for another big
copi pump, especially if its fans keep hoping + repeating
their 'good news' copies, frequently.
extra, Sincerely ; But, oooo, of course, as usual.
We will not report when/if we short and cover again, as we
did last time. For 2 reasons.
1] We believe that other shorters and flippers are following
or anticipating our price points, which can cut into our
profits, since copi is so thinly traded, in terms of US$s.
2] Longs mis-report our disclosures anyway. They think we are
still short. Even though we clearly posted last time, as we
shorted at ~0.071 , and as we fully covered at ~0.036
Our short + cover disclosure posts are still there. We
checked. They are easy to find, because we don't overpost. "
************************************************************
Maybe we should run for Mod, and be in charge of the
empty half of the copi iBox. Even 5 against 1 is OK.
extra , Sincerely ; + GLTA , for those who need some,
at least between now and November. Then, we may all
be copi longs, if copi is not long gone.
There are 1.2+Billion copi Shares, Fully-Diluted, Today...
Maybe many more if copi is still diluting, as the charts show.
copi needs the cash, and dumping new shares is an
interest-free loan, that Never has to even be repaid.
Even the longs admit to 150 Million floating shares.
And, the 8x-Super-Toxic Convertible Preferreds ALWAYS
multiply the floating common shares by 8x. So;
8 x 150 Million floaters = 1.2 Billion Fully Diluted Shares
Since copi management already said it will keep losing
more cash, at least until the end of June, it must keep
borrowing cash. And, floating in more new commons is the
easiest + fastest way, with no interest, or lawyers, and
it Never has to be repaid, and it does not even dilute
any of the Preferreds, which are all owned by insiders,
who voted for them, and could vote for more.
And, copi won't even really be profitable. It is just going
to try to Look profitable, By Deferring 'executive' salaries,
for a few months. But, it did not even do that, because,
at the same time, those deferred guys 'voted' themselves
30 Million Options, and diluted the Fully Diluted by 25%
in one overnight shot. So, they 'deferred' part of their
already-bloated salaries, but voted themselves an even bigger
options 'bonus' in advance! And, they will still collect
their 'deferred salaries' whenever they vote for them.
The Real Value of the shares of ALL companies is ALWAYS
No More Than the Real Value of the company DIVIDED BY the
FULLY DILUTED NUMBER OF SHARES. And, the earnings per share
are the After Tax Profits Divided by the Fully Diluted shares.
In copi's case, it is Much Worse. No Real company has
Undilutable Preferreds that permanently own 87% of All
VOTES + ASSETS. No matter how many new common shares are
printed + float in. And, they Must float in because copi
always loses cash. And, that outrageous 87% vote control
allows the 87% to be increased to 99+%, by 1 Insider voting.
No real investor or institution would ever buy 1 copi share.
Because, it is Not a 'share' of anything. It can be 'voted'
to near-Zero value, overnight, by 1 guy.
All Real accountants know that, if a company has a profit,
it MUST Be Reported as Earnings Per FULLY DILUTED SHARE.
Whereas, if it is a loss, it's reported as Loss per
Outstanding Share, to prevent the company from trying to
make the loss per share appear smaller.
Now for the good part.
copi's float is only about 10% of it's Fully Diluted, so,
it is very volatile. About 10 times as volatile as it would
be if copi had no huge overhang of already-issued options
and 8x-Super-Toxic Convertible Preferreds, and a constant
in-float of new options + common shares, and an admitted
projected continuing loss, for At Least 3 more Quarters.
So, copi is very bouncy. And, very recently had a 10x pump.
And, copi's fans keep projecting [+ repeating] only 'news'
that is already known to be incorrect, in the 2 most
important areas for determining common share value.
1] They hope that the next SEC Filing will show a profit.
And, here's the 'official' quote :
" and all that will be when COPI announces NET PROFITS!
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE "
We KNOW it will be another loss. Copi execs already admitted
it. And, copi has known the numbers since 1jan2008, but are
delaying the SEC Filing as long as possible, to enhance the
release of new shares, faster + at a higher price.
2] They pretend that only the trading float counts.
And, here's the 'official' quote :
" Don't worry about it.. 120 million to 150 million shares
is all that are trading, imo... " .
We know that 1.2 Billion [at least] Fully Diluted shares is
the Only Real number that counts, for determining the current
common share value, even for shells + pinkys + pennys.
Now for the best part.
copi finally closed today, for the first time, more than 20%
below it's most recent peak. So, flippers + shorters should
be starting to play tomorrow, and probably for the next
~2 weeks, until copi's price sinks/crashes at least into the
low .030's again. Then, we expect another bounce, for longs
to buy more new shares at ~0.050 , followed by another crash
to about 0.020 , followed by more bounces, until copi is back
to where it was before the 10x pump, last December, below .01
Below 0.01 will drive most of the flippers + shorters away.
But, they will keep watching, and waiting, for another big
copi pump, especially if its fans keep hoping + repeating
their 'good news' copies, frequently.
extra, Sincerely ; But, oooo, of course, as usual.
We will not report when/if we short and cover again, as we
did last time. For 2 reasons.
1] We believe that other shorters and flippers are following
or anticipating our price points, which can cut into our
profits, since copi is so thinly traded, in terms of US$s.
2] Longs mis-report our disclosures anyway. They think we are
still short. Even though we clearly posted last time, as we
shorted at ~0.071 , and as we fully covered at ~0.036
Our short + cover disclosure posts are still there. We
checked. They are easy to find, because we don't overpost.
GLTA, starting in 15 hours, including time-outs, for naps.
pmg; wnbd IS + DELIBERATELY STAYS Pink on purpose...
Our 'curtain of moral' does not hide the fact that
we make easy money by shorting pinkys,
and WNBD is perfect.
And, they deserve it, because :
1] 90+% of All pinkys lose 90+% of All outsider
'share'holder 'value' every year, since statistics
were ever formally collected, more than 20 years ago.
2] And, the SEC says, on their sec.gov website, to Never
unvest a penny in a pinky, or any 'company' that
Deliberately Chooses To Violate All SEC Minimum Requirements.
[winbad has done just that, for years, and still does, and
even their CEO says that they are not about to change,
anytime soon, because they NEED access to pink unvesturs,
because they can't get a real loan, to cover their losses.]
3] All Real people + companies file tax returns, including
winbad. But, wnbd hides theirs. And, they hide their ongoing
dilution of common 'shares' , and their ALREADY REPORTED
10 Million ~[?]10x-Super-Toxic Convertible 'Preferreds' .
No outside long 'share'holder knows the Facts about that
'Deal' , but we shorters bet that it is not-unlike the
'new standard' , that is worse than any Cornelli. [Just like
copi + swvc already had to 'report' , but never explained,
and their sites try to delete, and/or bury, in constant
repetitive [spamlike] reposting of totally unimportant
projections of 'to da moon'. ]
4] If a 'company' wants to take [not even borrow] cash from
the public, they should be FULLY REPORTING CONSTANTLY,
which is exactly what BANKS REQUIRE. Pinks don't. And, can't
get Real Bank Loans. And always lose money. And pay their
'executives' excessive 'salaries + bonuses + whatevers' ,
as they keep losing cash. And the longs pay, and buy more
'shares' , as they 'average down' , and keep paying.
5] Actually, a pink shell is a better 'bet' for longs,
because it does not even pretend to 'run' a money-losing
'business'.
Anyway, we shorters prefer pinkys + pennys. They are like
slot machines that pay 90% profits. All 'financed' by longs
who keep losing 90% per year. Thanks.
extra, Sincerely ; But oooo , of course, as usual.
buys overwhelming sells = copi is still dumping newer shares..
And, your chart just proves that copi is still copying more
new shares, as fast as ever. [Although, using 'charts' for
predicting prices Does Not Work, for constantly diluting
pinkys + pennys. The math theory assumes a constant 'share
structure'.]
copi has already admitted to often increasing their float.
And, your chart shows continuing copi dumping of new shares.
For example; At a 7%/month new 'share' dumping rate, the
trading float doubles every 10 months. So, the copi 'share'
price must keep sinking. And, if the old longs don't keep
buying + holding, faster + faster, the common 'share' price
sinks even faster. And, most of the copi longs seem way
'over-extended' already.
It is no surprise to us shorters. New shares always look like
retail buys, because they are. The longs just keep buying
more than they sell [= 'accumulation'].
While the MM's pump new shares into the float, as fast
as they can, and the 'company' keeps printing as many
as the MM's can dump. And, the MM's love it, because they
have no risk, because they sell them to retail longs, Before
they buy them from the penny/pinky printer 'company'. And
the MM's + retail Brokers always make at least 10% on these
new penny/pinky printings. Sometimes 100% , when the pinky
drops to 'trading' at 0.0001-0.0002
We know that copi keeps losing cash, so they HAVE TO GET MORE
NEW CASH every week, for paydays, and advertising, so copi
must keep doing common share watering.
And, we know that the T/A is gagged, and copi is a
slow/last-minute reporter, to enable them to have
'access to new capital', to offset losses.
And, copi already admitted, publicly, that they will
continue to lose money until at least the 3rd Quarter,
which won't even be reported until late November, or later,
if it is filed late. [And, copi has to 'defer' salaries to
make it 'look like' they have 1 'profitable' Quarter. They
already admitted that, too.]
copi has already 'explained' all of this, publicly, in
eMails, that are even stored in the iBox. And, all
always-money-losing, never-reporting, penny/pinkys do it.
Because they must offset 'expenses' , like excessive
salaries + bonuses + anything else they personally 'need'.
Why are the longs 'waiting for the old earnings report'.
copi already told them that it will be a big loss. And,
copi has know the to-be-reported numbers for 2 months
already, since the Quarter ended on 31dec2007. copi is just
delaying the 'reporting' of the bad news, until the last
possible day, or later. And, the 'report' has to have an
update of the current 'float' + 'Preferreds'. No reason
to rush that info out to the outsiders. The may quit buying
those newest 'shares'. And, may even compete, by selling
old 'shares'.
But, we still think that the worst part, by far, is those
already-issued 8x-Super-Toxic Convertible Preferreds, just
like swvc's + [probably wnbd's]. It's the latest thing in
pinky 'financing'. In addition to getting new cash [for
higher salaries + bigger bonuses], they also own 87% of all
votes, and all 'company assets' [if there are any]. And, they
grow as fast as the common float [that's the rules]. So,
every time 1 new common share floats in, and is sold to an
outsider long, the insiders get 7 more free 'Preferreds' ,
because they always must have 87% control of everything. And,
if they want 99% control, they just vote for it, any day.
Because outsider longs never get to vote on anything, ever.
And, if copi is sold, or goes BK, the 'Preferreds' must be
100% fully paid off, Before any common 'share'holders get
to split up even 1 penny.
And, sometimes, those 'Preferreds' even get a yearly cash
dividend. Even as the 'company' keeps losing money. Guess
who pays that 'dividend' .
And, they are 'Convertible' into 100 common 'shares' each,
at Zero cost. [Way better than options.]
They are much worse [toxic] than any Cornelli 'Deals' ,
for outside common 'share'holders. But, great for insiders,
and very helpful insurance for shorters, and lucky flippers.
We can't understand why any long would buy any retail common
shares. They should just call the 'company' , and ask to
buy a much safer 'Preferred' , just like the copi Insiders.
Also, those 8x-Super-Toxic Convertible Preferreds are also
'Fully Dilutive', as soon as they are printed + sold, just
in case the 'company' is ever profitable, or sold. No outside
'share'holder knows how many 'Fully Diluted Shares' exist,
but, we bet it is at least 8-15 times whatever they thought
it was, as of the last time 'the float' was 'reported'.
extra, Sincerely ; But oooo , of course, as usual.
P.S. ; Regarding 'The Patent' .
It is a guaranteed money-loser. Copi has never made a penny
from it. Even with their 'world-wide monopoly' . That's why
no Real company has bothered to improve copi's copy, and
sell 'the service' for much less. The only Real company
making a profit from it, is VeriSign. They just load it on a
spare computer, and keep ~50% of copi's 'revenues'. Sweet
deal for VeriSign. Their total cost is electricity to keep
the computer plugged in. VeriSign must be making ~90%
profit, if the electricity costs them 10% of what they keep.
So, there really is no reason to ever buy-out copi. VeriSign
keeps nothing buy massive profits, and copi common unvesters
keep papering over all of the copi losses, and 'executive'
salaries + bonuses + everything else they 'need'.
Good Luck.
Your chart proves that WNBD is still printing new shares...
WNBD already admitted to increasing the float by 7%
during the pump from early Jan to early Feb, 2008.
And, your chart shows that the average daily dump of new
shares is even higher since 1feb2008 , and continuing to
stay as high as ever. [At a 7%/month rate, the trading float
doubles every 10 months.] So, the WNBD share price must keep
sinking. And, if the old longs don't keep buying + holding,
faster + faster, the common 'share' price sinks even faster.
And, most of the WNBD longs seem 'over-extended' already.
It is no surprise to us shorters. New shares always look like
retail buys, because they are. The longs just keep buying
more than they sell [= 'accumulation'].
While the MM's pump new shares into the float, as fast
as they can, and the 'company' keeps printing as many
as the MM's can dump. And, the MM's love it, because they
have no risk, because they sell them to retail longs, Before
they buy them from the pinky printer 'company'. And the
MM's + retail Brokers always make at least 10% on these
new pinky printings. Sometimes 100% , when the pinky drops
to 'trading' at 0.0001-0.0002 ]
We know that WNBD keeps losing cash, so they HAVE TO GET MORE
NEW CASH every week, for paydays, and advertising, and soap
watering, so the must keep doing share watering.
And, we know that the T/A is gagged, and WNBD is totally
non-reporting, to enable them to "have access to new capital".
The WNBD CEO has already 'explained' all of this, publicly,
and in his own words, in eMails, that are even stored in
the iBox. And, all always-money-losing, never-reporting,
pinkys do it. Because they must offset 'expenses' , like
excessive salaries + bonuses + anything else they personally
'need'.
But, we still think that the worst part is those 10 Million
already-issued, but totally-unexplained "Preferreds" . We are
betting that they are ~5x-Super-Toxic Convertible Preferreds,
just like copi's + swvc's. It's the latest thing in pinky
'financing'. In addition to getting new cash [for higher
salaries + bigger bonuses], they also own 80% of all votes,
and all 'company assets' [if there are any]. And, they grow
as fast as the common float [that's the rules]. So, every
time 1 new common share floats in, and is sold to an outsider
long, the insiders get 4 more free 'Preferreds' , because
they always must have 80% control of everything. And, if they
want 99% control, they just vote for it, any day. Because
outsider longs never get to vote on anything, ever.
And, if WNBD is sold, or goes BK, the 'Preferreds' must be
100% fully paid off, Before any common 'share'holders get
to split up even 1 penny.
And, sometimes, those 'Preferreds' even get a yearly cash
dividend. Even as the 'company' keeps losing money. Guess
who pays that 'dividend' .
But, so far, no long has even asked the WNBD to provide
Any Details About The 10 Million 'Preferreds'. Oh, and
usually, they are 'Convertible' into At Least 100 common
'shares' , at Zero cost. [Way better than options.]
They are much worse [toxic] than any Cornelli 'Deals' ,
for outside common 'share'holders. But, great for insiders,
and very helpful insurance for shorters, and lucky flippers.
We can't understand why any long would buy retail common
shares. They should just call the 'company' , and ask to
buy a much safer 'Preferred' .
Also, those ~5x-Super-Toxic Convertible Preferreds are also
'Fully Dilutive', as soon as they are printed + sold, just
in case the 'company' is ever profitable, or sold. No outside
'share'holder knows how many 'Fully Diluted Shares' exist,
but, we bet it is at least 5-10 times whatever they thought
it was, as of the last time 'the float' was 'truthfully'
'reported'.
extra, Sincerely ; But oooo , of course, as usual.
The Preferreds ARE ALREADY FULLY DILUTIVE...
And, they have been, from the second they were printed,
and sold by copi. And, more can be printed + sold, anytime,
because they will always control at least 87% of all votes,
and at least 87% of copi's 'equity', in case copi is sold;
and if copi goes BK, the Preferreds get 100% paid off,
BEFORE Any common 'share'holder gets 1 penny. So, if they
vote for more, even up to 99+%, it's probably legal, and then
All of the copi common 'share'holders, Combined, could/will
'own' less than 1% of copi.
That's why we call them 8x-Super-Toxic Convertible Preferreds.
It is a MUCH WORSE + Toxic Death Spiral 'Share Structure'
than even Cornell ever invented.
And, no matter how many more common copi shares are printed,
and floated in, the Preferreds will still own 87+% of All
of copi's votes + assets.
In fact, the main reasons for the Preferreds to Not convert,
ASAP, are:
1] If they get a dividend, and if no dividend, then just
2] To insure that they get 100% paid-off first, if/when
copi goes BK, or gets sold or 'merges'.
And, copi can try to recall them [if they ever have
any cash], BUT, the holders of the Preferreds can
choose to convert them at any time, INCLUDING during
the " 10-60 day notice " time period. So, copi can never
stop them from converting. Unless they pay them off,
when they are NOT worth it for copi to pay them off.
But, it's a moot point, because copi is unprofitable, and
has no cash to pay off any debts, without borrowing more
cash, under even worse terms.
The Preferred holders will do ONLY what is best for
Themselves, ONLY, which will Always be what is Worst for
All common 'share'holders, because, it's just a 'Zero-Sum'
game. The copi commoners only get whatever copi Preferreds
choose to give them. [Just like swvc + wnbd + znxt + etc's,
including almost all pinks + pennys.]
By the way, we wonder why some are claiming to be anything
other than small investors in copi common shares. IF we
were to want to be long in copi, we would just buy a new
printing of Preferreds, or buy some of the old ones,
from the current owners. Because they are Not Dilutable,
and get paid off Before Any common shares, but, they go up
just as fast as common copi shares, if copi ever goes up.
Anyone who owns 1 Million copies of common copi's, has $58k
tied up, today, [barely]. We would just call copi, and say,
here's $50k; just print us a Preferred; and we'll wait a
few minutes, while you vote to print it.
For Any stock, pink or not, its common share 'value' is
the value of the 'company' , [after paying all debts],
Divided By The FULLY DILUTED NUMBER OF SHARES.
Counting Options + Warrants + Convertibles + Preferreds ,
and whatever else that copi forgot to mention, yet.
We consider 'Share Structure' + 'Vote Control' to be the
ONLY DD THAT COUNTS. Whether a 'company' is profitable,
or might be, or never was, or never will be [ like copi,
whose own management has publicly admitted that they can't
possibly show an after-tax profit before their November
Filing, if they File 'on time' ]. By the way, if you read
the previous copi 'good news' , we seem to remember reading
that the most overpaid 'executives' are temporarily
'deferring' part of their excessive salaries + bonuses.
To us, this is just a transparent attempt to make it
'look like' copi is temporarily trying to 'look profitable'
in only 1 Quarter. While continuing to actually lose more
cash, every quarter.
We see 3 possibilities :
1] copi keeps losing money [and raising salaries], and
Reverse-Splits, until BK.
2] somebody writes a better blocker program, and sells
the 'blocking service' for much less, and copi loses money
faster than ever, forever. [ The blocked calls 'data base' is
public domain, and the 'patented software' could be
over-patented on a weekend, by any competent company,
especially by one already in that 'business' , that already
has full access to copi's not-secret simple data-base
comparison 'program' . ]
3] some company [e.g. VeriSign], buys copi, because,
it is cheaper than paying lawyers, and only the Preferreds
ever get paid off, and All of the copi commoners get Zero.
The bottom-line is the same, in all 3 scenarios. All copi
longs keep losing value, forever, unless they flip, and
get lucky, or, are insiders. The only difference in the
3 scenarios is, how long will it take for All copi common
'shares' to be 'worth' Zero.
extra, Sincerely : But, oooo, of course, as usual.
No 144s are needed to print NEW shares...
And, we already know that WNBD already admitted to
printing 7% extra new shares 'just from 8jan-5feb2008' .
Which, conveniently, falls right into the schedule of
the 10x pump, which started at below 0.004 in early January,
and peaked at 0.045 in early February.
It is obvious to us, and our advisors, that this is just
a normal pinky pump&dump. And, dilution is continuing.
That's why the T/A is gagged, and WNBD is a totally
non-reporting 'company' , DELIBERATELY
'when the float is tight' ,,,
just a little extra new share dilution ,
goes a long, long way.
And, it's overdue, because copi loses more cash every day.
And, even the copi managers admit that the daily cash losses
will continue until at least the end of June.
[Which means, 'don't count on profits, ever' us shorters.]
Whatever. And, Sincerely, extra.
[ Our guess is that copi will be down another 50+%
in 2 months or less, including many profitable bounces,
for flippers + shorters. ]
$10 per quart, for WNBD's watery soap!
Who would ever buy that overpriced winbad goop,
especially in the beginning of a multi-year recession?
And, in that 'packaging' , which looks like dirty motor oil.
This winni 'company' can't really be serious. [rotfloao]
That diluted winni soap [like winni 'shares'], can't
possibly retail for anything over $1.99 , and , any retailer
that gets stuck with a case of it, will have to give it
away for $0.99 , while it is 'On-Sale' , permanently,
and all 're-orders' are cancelled, permanently.
It's not even worth the time to 'order' a free sample,
especially if you have to pay for the $0.41 stamp.
extra, Sincerely [while trying to not keep loao].
P.S. ; Great winbad photo + model, except,
a lot more 'out of focus' would be much better.
It looks like the unlucky kid is afraid of spilling any,
like on his costume, or hands, or floor, or anywhere.
And, his non-smile is perfect. Got any closer-ups?
"Preferred shares are NEVER a good thing for COPI" ,,,
or ANY STOCK, REAL OR FAKE, REPORTING OR NOT,
especially if THE PREFERREDS OWN 87% OF ALL ASSETS,
AND VOTES. And, they can vote themselves up to 99+%,
any day, or overnight. And, NO COMMON 'SHARE'HOLDERS
will ever get to 'vote' against anything, ever.
Common copi-fans should start reading some of copi's
ACTUAL SEC FILINGS, or, get their own lawyer to read them.
Basically, all copi common 'share'holders own nothing,
because the 87% "Preferreds" ALREADY OWN 87%, and, they
can vote to raise it to 99+% any day, or overnight,
including last night, because they own 87+% of ALL assets,
and VOTES of copi. So, copi will never even mail a proxy.
We flippers + shorters of copi love that insurance,
that copi commons can only go down [long term], and
only enhanced by erratic bounces [short term], which are
the 'bread + butter' for flippers + shorters.
extra, Sincerely ; But, oooo, as usual, of course.
[By the way: copi's multi-x-Super-Toxic Convertible Preffys
seem to be the 'new-best-thing' for pinkys, like swvc + wnbd.]
[ We are surprised that no longs noticed, or complain, but,
that is their job. And, the longer they're long, the shorter
it takes, for shorters + flippers. ]
We're expecting a close below 0.020 this week...
Followed by a quick fall below 0.015 , and
there is no bottom, since WNBD keeps losing money,
and diluting shares, and gags its T/A, and won't
'explain' those 10 Million "Preferred" shares.
We are betting that they are at least as bad as
swvc's 5x-Super-Toxies, or copi's 8x-Super-Toxies.
Which guarantee, that all WNBD common 'share'holders,
all combined, will never own more than 20% of WNBD.
And, since the ~8x-Super-Toxic Convertible Preferreds
will always own more than 80++% of all WNBD votes
[and assets], they could vote for more Preferreds,
for themselves only, [probably, surely], anytime they
feel like it. Even tomorrow, or last night.
And, the CEO will never have to tell any common
'share'holders. He has not yet. And, we are betting that
he never will, until it it way too late. [Which it
probably already is, and has been, for many months.]
The funniest part is that WNBD-fans believe that their
CEO has 'explained' why he won't tell about the 'share
structure' , which is the only Fact that really counts,
with money-losing, non-reporting pinkys, like WNBD.
extra, Sincerely ; But, oooo, of course, as usual.
copi already admitted publicly that they could not possibly
even start to profit until the second quarter of 2008.
[ Why do copi-fans keep hoping for earlier profits? ]
Which means, to us, that maybe, late in the second quarter,
they may have a week of profits, but, the second quarter
will still be, almost totally, a loss, at best.
So, copi, at best, may have its first profitable quarter
from July - September, which won't be reported until the
end of November, 2008, at the earliest.
That's 9 months away. By then copi common shares will be
down another 75+% , thanks to continuing dilution, which
is required to 'finance' the continuing losses, which are
predicted [= guaranteed] by copi's own 'management'.
[ The Facts are, that 90% of All money-losing pinks + pennys
lose an average of 90% per year, just like copi. ]
But, that won't stop the copi-fans from hoping, and posting,
made-up good-news predictions. Which will help keep copi's
price bouncing high + low. Which is perfect for flippers,
and especially for shorters, like us. Who wait for pumps to
peak, and drop 20%, and then we ride them back down to the
most-recent pre-pump low, which was 0.035.
We have been fully covered + out since $0.035-0.038 , two
weeks ago. Since then, copi has been pumped back up to a
closing high of 0.066 , so, if it falls off 20% , back down
to about 0.052 , we're back, for another short + quick ride,
back down to 0.035 , which will take ~2 weeks, [4 maximum],
with minimum risk, just like last time. That's another easy
30% gain for flippers + shorters. While we all know that copi
can't get anywhere near their old high in the .090's , until
late November, at the earliest.
Especially since this site now frequently mentions copi's
8x-Super-Toxic Convertible Preferreds, that own at least
87% of all copi assets + votes, and can vote for as many
more, up to 99+%, any time. Even in 1 day, or, overnight.
extra, Sincerely : But, oooo ; of course, as usual.
copi's share 'value' is dominated by ,,,
those 8x-Super-Toxic Convertible Preferreds.
Today, as far as any outside 'share'holders can confirm,
they All, Combined, own 13%, Or Less, of whatever copi
is worth today, or ever will be worth.
And, if more shares keep floating in, the newer + growing
float still only owns 13% of copi.
Because, the Preferreds Always own 87% of copi,
NO MATTER HOW MUCH THE PREFERREDS VOTE TO FURTHER DILUTE.
And, they can even vote to increase their take, if they
decide that 87% is too low, all the way up to 99+% ,
in less than 1 day, or overnight, because it only takes
1 Preferred voter, to vote 87% 'yes, and now, and wow'.
And, it seems to be legal. And, no copi-fans even complain,
or even discuss the Only Important Fact About copi.
Which is all just fine for us flippers + shorters.
It's like Insurance, that swvc must go down.
extra, Sincerely ; But, oooo [only our own opinion],
of course, as usual.
2 problems with the swvc outsiders 'plans' ...
1] The $5 Million 'loan' can ONLY be used for buying
new inventory, which is the collateral. And, if the
collateral is sold, the loan must be paid down, or
new replacement inventory collateral must be purchased.
Typically, the 'loan' will only be for ~50% of swvc's
cost for the shelf-fillers. So, for every $2 'worth' of
inventory that swvc buys, they only get $1 in loans,
and they must dig up the other $1 from 'somewhere'. But,
swvc loses money everywhere, except 1 place [= dilution].
Further, inventory loans are like credit-card loans, with
daily interest compounding at 2% per month [= 26.8% yearly].
So, forget about this plan :
" At $250,000 per store, that’s a total of 20 stores
that could be opened from the initial $5 million loan. "
2] And, regarding outside common 'share'holder votes. None
of their votes count, and will never be counted, or even
requested. Because the 5x-Super-Toxic Convertible Preferreds
always have 80% of All votes. Even if new common shares keep
floating in, as they are, and all admit. And, many more are
due to float in, as New Options are 'awarded' , and exercised.
So, forget about this vote-less conclusion :
" I still have 25 million votes that say
I am a true long and correct in my conclusions. "
Bottom-line :
As long as the swvc 5x-Super-Toxic Convertible Preferreds
continue to exist, AND, can vote themselves more, any day,
All Common Shares, COMBINED, are nearly worthless. Today,
they are 'worth' , at Most, 20% of swvc's cash, After
liquidation in BK court, After paying All other swvc debts.
If swvc somehow grows into profitability, the Preferreds can
just vote themselves up to 99+%. Legally. And, why not? If
swvc is profitable, it no longer needs to share anything
with outside common 'share'holders. Because, it won't need
to dilute, as its only source of cash.
So, in the long term, swvc common 'shares' are worth Zero.
But, in the short term, swvc commons are great
for flipping + shorting + day-trading + diluting, Only.
extra, Sincerely ; But, oooo [only our own opinion],
as usual, of course.
WNBD is diluting; over 7% just from 8jan-5feb2008...
At that monthly rate, the O/S will double every 10 months.
That's why WNBD's price is sinking, and will continue.
And, that's why WNBD is totally non-reporting,
and has a 'Gagged' T/A, and has the lowest possible
Pink-Sheets Rating of : " STOP - NO INFORMATION "
In addition, there are 5 Billion Authorized Common Shares.
WAY MORE than would 'seem' to be necessary, for the current
float of 758 Million, including 150 Million 'Restricted' ,
although many of those become Unrestricted THIS Quarter.
But, the worst part is that there are currently [at least]
10 Million "Preferreds" , but, their 'powers' are kept
TOTALLY SECRET. But, we shorters know a few things about
the 'typical' Toxic Preferreds that are popular with pinkys,
like WNBD [and copi, and swvc].
Typically, they 'control' at least 50% of all votes, so
common 'share'holders never vote, on anything, ever.
Including 'votes' to give away more Preferreds + votes.
And, they are Convertible, typically into the number of
common shares that equal their number of votes as Preferred
shares, and, at Zero cost.
So, since WNBD keeps everything a big secret, [and we all
really know the Real reason], we must guess on the effect
of the Preferreds, on the current "Fully Diluted" shares
floating around for WNBD. BECAUSE, FOR ALL COMPANIES, REAL
OR PINK, THEIR COMMON SHARE 'VALUE' IS EQUAL TO THE REAL
VALUE OF THE COMPANY, DIVIDED BY THE FULLY DILUTED NUMBER
OF SHARES.
1] If the 10 Million Preferreds have more votes than the
5 Billion Authorized, each Preferred has 500 votes, and is
Convertible into 500 common shares.
2] But, there are almost 1 Billion common shares already
floating, so, the Preferreds are probably have no more
than 400 votes, today. Usually, pink Preferreds have at
least 100 votes, which is barely enough for WNBD today.
3] But, WNBD could vote, any day, to raise the Authorized,
and/or print more Preferreds. And, the new Preferreds can
have more votes each, than any of the old Preferreds.
4] Sounds bad so far, but it could be much worse, and
probably is. Toxic Preferreds automatically grow in power
to maintain their percentage of control. Some always have
5x control [swvc], and another has 8x control [copi]. This
Really matters, because, if the Toxic 'Company' is sold,
and all shares are cancelled, the Preferreds get paid first,
AND, in proportion to their number of common shares AFTER
conversion, even if they were Not yet converted, And, even
if they would have been Restricted for years. [So, for
comparison to WNBD; if copi is bought-out, ALL of the common
'share'holders, combined, split up only 13% of the 'value'
remaining, after paying off all debts.]
5] Anyway, our guess is that WNBD's current Preferreds are
at least 'Fully Dilutive' by 2+ Billion MORE Shares, today,
than any long is aware of, BECAUSE THE WNBD CEO KEEPS IT A
BIG SECRET, FOR 1 BIG REASON.
6] That's why we think that WNBD is a great short, and
always will be. Because of the Toxic + Massively Dilutive
+ Constantly Growing 'Price Insurance' of the Preferreds.
Here are a few 'References' for the above analysis, that
we found by digging [deeper than most], into public
information accidentally provided by WNBD :
*************************************************************
Q6: Are the primary shareholders 144 Stockholders? How much stock is held by insiders and institutions? How many shares are in the float?
A: As at February 5, 2008 the float of Winning Brands Corporation is approximately 608,581,728 common shares. Approximately 150 Million of the 758.581.725 Million issued and outstanding shares are restricted from trading under "144" provisions. These restrictions expire automatically approximately in the 1st Qtr 2008. 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. These are factors that change with individual circumstances. 5 billion common shares are authorized as at February 5, 2008 and 10 Million Preferred Shares.
The purpose of the Preferred shares is to honour voting rights that are part in parcel of the Agreement of Merger and Plan of Reorganization between Niagara Mist Marketing Ltd (dba The Soap Factory) and Winning Brands Corporation. The effect of these voting rights is to provide voting continuity and management continuity to the parties who vended their interest of Niagara Mist Marketing Ltd to Winning Brands Corporation as from the date of merger in 2006. The Preferred shares are convertible to common, but not saleable, in order to ensure that decisions by the holders of the Preferred shares are consistent with the interests of common shareholders. As the company qualifies from time to time for Regulation D, Rule 504 financing, the number of shares outstanding may increase, or decrease in the event of a consolidation of shares. As at December 19, 2007 Management has no immediate plans for any change to the capitalization of the firm that is inconsistent with normal financing and operations. The company defines normal financing to include the acceptance of capital from qualified investors in USA, Europe or other markets through Rule 504 or similar mechanisms. At all times, Winning Brands Corporation should be considered a speculative investment notwithstanding the company’s intention and best efforts to become a substantial and self-sustaining entity. WBC discloses accurate outstanding share counts on a regular basis.
************************************************************
AND, this :
************************************************************
Posted by: Soapy Bubbles
In reply to: None Date:1/8/2008 1:36:55 PM
Post #of 23359
[MEMO FROM ERIC] -- Please add into iBOX
Hello Mr. XXX,
Here is the response provided to a question recently asked by a moderator of the forum Investors Hub; one of several which host discussion boards pertaining to Winning Brands Corporation. For your interest, as of the time of this response, 1:35pm January 8, 2008 the number of common shares outstanding to the nearest million is 716 Million. Of this, 150 Million are restricted Rule 144 shares, for which no request has been made by any of the holders for release from the restriction. The restriction period expires April 2008. These shares are held by founders and managers. I have no knowledge of an intention by the holders to sell these shares at this time. If further 504 financing subscription(s) are to be accepted this month or subsequently, there will always be careful consideration given to the impact upon the market and therefore moderation and care exercised.
Sincerely,
Eric Lehner, CEO
Winning Brands Corporation
--------------------------------------------------------------
------------------
-------------------
Got SEC filings?
***********************************************************
***********************************************************
" Got SEC filings? " . We shorters always ask that.
And, if not, why not? We shorters always know why not.
extra, Sincerely ;
But, oooo [only our own opinion], of course.
P.S. ; Most Real companies are priced such that
their Market Cap is approximately equal to 1-2 times
their current annual revenue, if they control costs
+ salaries + benefits + dilution + etc's.
So, for WNBD :
$0.024 x 3 Billion [~ Fully Diluted Shares] = $72 Million
Which means : WNBD 'shares' are 'worth' $0.024 today,
only if WNBD sold $72 Million 'worth' of soap, LAST YEAR.
And, only if WNBD never dilutes again. [Unlikely, but oooo.]
SWVC 'dilution' is no longer required...
SWVC 'voted' for 5x-Super-Toxic Convertible "Preferreds" .
Which are far worse than any Cornelli's. Because,
the only 1 guy who personally owns All of them,
and 80% of All SWVC votes + assets, can vote for more of them
any day, just for himself.
Basically, SWVC longs really own nothing.
Unless they sell it all, before the next 'vote'.
Even Cornell could never 'vote' to increase its take.
WNBD can't miss [maybe]...
Even it's common 'share'holders are selling Wanings
plastic soap bottles to their best friends, and
neighborhood stores.
Just like Amway. And that other 'Pink' Cadillac company.
Except, those other [successful] companies actually paid
cash commissions to their professional sales promoters.
And, the promoters actually made money, and Filed
Income Tax Returns, as did their Real companies.
Instead, WNBD just sells their promoters new pink 'shares' ,
for new cash. And, gives them each only 1 free sample.
And, without any SEC Filings, or any Income Tax Returns,
for years. If so, why don't WNBD-fans ever post 'em.
In fact, WNBD does not even make their 'product' , or
the packaging. And, there are no 'patents' , or safety
test results. Which could be a 'problem' if their unlucky
customers are legally injured, or damaged, as their rugs
are ruined. As has been mentioned, on public websites.
The WNBD-fans think that does not matter, or is not true.
While the WNBD-shorters don't do 1-sided 'dd'.
extra, Sincerely; but, oioo, as usual.
'no preferred should be hitting the market',,,
and probably won't, because they never need to.
The 'preferreds' just own 87% of All copi votes + assets,
+ profits, and low-tech 'patents' , that are very easily
outdated by a Real high-tech company, like VeriSign.
So, copi common 'share'holders have many Huge problems :
1] They only 'own' 13% of what they think that they own.
2] The 87% Real copi owners can vote, any day, to vote
themselves more "Preferreds" , and dilute the 13% 'ownership'
of the commoners, all the way down to 5%, or much less.
3] And, they will. Right before copi goes BK, or,
gets bought-out by VeriSign.
4] But, our guess is that VeriSign, as copi's only Real
customer, has more than enough 'insight' , to develop +
patent a much better + higher-tech call-blocker, with way
more bells + whistles, integrated with its current VeriSign
products, and sell it for much less than copi gets away with,
under copi's current [but feeble] low-tech 'monopoly'.
We were 'somehow involved' in VeriSign's Real Buy-out of
NSOL [Network Solutions, Inc.], which was a publicly-traded
Real company at the time. No copi-fans have ever done any
real 'DD' [or any DD at all] regarding that NSOL-Buy-Out
'deal'. We shorters know all about it. Because we actually do
meaningful + factual 'DD' , and don't just hope to get lucky.
So, that's why we have a sure bet that copi is going to ~Zero,
at least as far as outside common copi 'share'holders are
concerned, which is all that really concerns us outside
common copi shorters.
And, copi will be easy pickins compared to NSOL. NSOL was not
a pinky or penny, and was traded for years on the Nasdaq, and
had a hugely successful IPO, and 'Secondary Offering', and
had Real Patents, and U.S. Gov't 'Sole-Source' contracts for
many years. [NSOL actually did 'invent the internet' , and
got paid for it, by the U.S. Gov't.]
copi has nothing unique, or useful, that can't be copied,
and greatly improved, and patented, and sold cheaper; by
VeriSign, especially. And, they could do it all in a week.
And, copi runs all of their low-tech 'stuff' directly through
VeriSign; so, it's all convenient for weekend 'research'.
Just ask any old NSOL shareholders if they were happy with
the VeriSign takeover/sale. The by-far-largest shareholder,
at the time, 'hedged' the whole deal [= shorted vrsn]. And,
soon after, vrsn dropped 90%. So, the shorters were correct.
copi will be much easier. And, only depending on the cost
to exceed copi's no-tech 'patent'. Which should be very low,
especially for the 1 Real high-tech software company, that
almost-totally controls All copi's revenues + 'software'.
The only questions are :
1] How soon will copi have Zero 'revenues' ? And,
2] Will copi be 'bought-out', because it's cheaper,
than a Real company to File a much better, high-tech patent,
that makes copi's no-tech 'patent' permanently worthless?
extra, Sincerely, but, oioo, as usual.
P.S.; If it is cheaper to just 'buy-out' copi, and its
no-tech 'patent' , then, the "Preferreds" will just 'vote' ,
their 87%, and win, overnight, to raise it to 99+%, and
All of the outside only-common copi-'share'holders, will
be lucky to split-up their less-than-1% 'share' . So, if
copi's no-tech 'patent' is 'worth' $1 Million, and the
commoners 'own' 1%, that's $10,000 for all of them, to
split-up. But, even copi-fans admit that there are over
100 Million common floaters. So, each copi-common-'share' ,
in the very near future, will be 'worth' no more than :
$0.0001 = $10,000 / 100,000,000
Seems like riskless, short-term profit, for copi shorters,
who actually do 'DD' , instead of hopeful projections,
that are not even 'supported' by the copi-fans 'company' ,
or, the IR guys that they are overpaying, to provide no Real
facts that relate to the Real lack-of-any-real-value of copi.
All of the above will probably happen within 1 year.
And, way before copi-fans do even minimal/useful nsol dd.
Which shorters already did. That's why we're here.
Clearly, the longs are just over-unvested in the recent copi
pump. And, the 'new' law is 5 years old. And, was never
really 'enforced' , and never will be. And never made a penny
for any tele-bunker 'company'.
Why is SWVC on the Regulation SHO Threshold List again?
According to this reliable [?] Nasdaq-tracking source :
http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold
We suspect that 'somehow' the owners of all of those
brand new SWVC Toxic "Preferreds" , or CD's, or maybe some
Brand New ones, that have Not Quite been 'Filed' yet, are
'somehow' getting them to be shorted, somewhere, by someone.
Maybe a good old friend/buddy/partner, in the Caribbean?
Who knows? And, how could any long ever know?
After all, it's 'supposed' to be quite difficult
to short pennys + pinkys. And yet,
there's SWVC, Again, on the RegSHO List.
A Regular, on that Short List.
But, it is certainly good 'business sense' , and
profit insurance, for those who loan cash to a 'company',
whose 'stock' keeps sinking. Especially after a recent pump.
And SWVC is known to always lose money, and need more
and more Toxic Financing, and 'acquire companies' that are
already overloaded with defaulting toxies, even some that
were previously owned by 'friends'.
And then, there are those 5x-Super-Toxic Convertible
"Preferreds" , that only 1 guy owns. So, he is the only
voter, forever. Including, 'acquiring' more Toxic 'companies',
or, raising his 'ownership' of all SWVC 'assets' , from 80%
today [we think], to anything higher, just with 1 vote.
Just like znxt/paim. And, no longs ever complain.
But, it certainly is good 'insurance' for shorters.
AND, THERE IS NO DOUBT THAT SWVC IS BEING SHORTED.
ITS ON THE SHORT LIST, AGAIN.
extra, Sincerely, but Only ioo