is...2 busy vacationing full-time 2 (put something here)
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copi is shorted constantly...
1] 'Interactive Brokers' even does it IN the U. S. of A.
2] MM's short copi for a living. It's their main job.
3] Brokers short copi, and don't even have to try to
'borrow' shares, if the short is covered within 3 days.
4] Brokers short copi, and sometimes even have 'borrowed'
shares available, from longs who are their clients, or any
long with pennys + pinkys in 'margin' accounts, [= most].
5] copi is even on the SHO list, frequently. And those are
only long-term shorts. Short-term shorts [under 3 days],
are never even published, but account for most pinky shorts.
6] 2-5% of All trades, in the World, every day, are shorts.
7] 50% of all Options + Futures are shorts. They MUST be.
Facts like the above SHOULD be in All Fair+Balanced iBox's.
If not, the iBox is deliberately hiding the most important
facts about their favorite pinky/penny.
Concerning "unmarginable stock" , like copi is Not [we think],
because longs buy it in margin accounts constantly [we think].
But, it does not matter to us, or most Hedge Funds, because
the short is 10x [or more, for others] backed-up by cash,
or nearly-cash collateral. We use Intermediate-Term T-Bill
Bonds [which are better than Bond Funds, because there are
no Mutual Fund fees + expenses]. They just sit in our account,
at our Broker, and make 4+% cash interest, largely tax-free.
They make great collateral, and are better than cash, which
makes Zero interest. Or 'Money-Market Funds', which earn less
interest, and are Not FDIC 'Insured'.
But, 4% Interest per year is too low, especially with taxes
[for those who profit], and inflation [for everybody].
So, flippers + shorters + Hedge Funds use the collateral
[which keeps earning 4+%], to flip + short, from anywhere in
the world where it is ok [and nice to vacation]. And, if they
play with 10% of their collateral, and double their bets,
every year, or 6 months, or 3 months, the make 8%, or 12%,
or much more, every year. And, the risk is very small, with
pinkys + pennys, that bounce high+low, frequently, like copi.
Especially if the constantly dilute, and have 8x-Super-Toxies,
and keep losing money, and 'hope to make some by July'.
[All pinkys hope to make money, and most do, by selling shares.]
So, copi is great for flippers + day-traders + shorters,
because we All already know these facts, and use them,
to make money faster. Some of us on many pennys + pinkys.
Especially the most bouncy, like copi.
Or, ones that have been recently [and still are being]
'over-advertised' , like copi.
We love the recent up-bounce of copi, since we own no copi's,
since we covered. We are just waiting. And, the higher it
bounces up, for no reason, the faster it can drop 20%, and
then we're back, for more quick ~40-80% profit, which,
with bouncy pinks + pennys, only takes 2-4 weeks.
We are exactly like the copi longs, and are also longing
for 0.06 copies, shortly. The, we diverge, like flippers.
extra, Sincerely [and only ioo, as usual].
By the way.
Shorts + flippers don't 'incite fear' any more than longs
who constantly 'over-advertise'. And, the SEC only chases
pump&dumping longs, and their massively diluting CEO. And,
finally, shorts already sold, so they can only buy back.
Whereas, longs already bought too much, so they can only
sell, and make copi go down, fast. And, pumpers always say
that they are buying more 'cheap shares' , and claim that
shorts are trying to buy 'cheap shares'. There are no cheap
copies, and never were. Because copi never made a penny
profit, and we think that it never will make a penny for
any investor, except flippers + day-traders + shorters,
and the CEO, of course.
Bottom-line : Pinks + pennys, that always lose money, and
massively dilute, and are 'over-advertised' , are not a
'good investment' for those who think that others who are
professionals are just 'inciting fear in the susceptible by
doing so' . Anyone who can't absorb copi dropping below 0.02,
very soon, and then drifting lower, should become more
susceptible to fear, ASAP, and act sooner.
WNBD is just like all pennys + pinkys...
1] They All lose an average 90% per year in share value,
since statistics have ever been kept.
2] They All have never made 1 penny profit, like WNBD, and
99+% will never make any profit.
3] Almost all are BK within 3 years.
4] They all dilute, to 'make up' for losing cash, constantly,
and for over-paying their 'executives'.
5] The ones that don't file anything with the SEC, like WNBD,
are worst performers, by far.
6] Especially after a newsless/meaningless pump, like WNBD,
which was just pumped + hyped up, by 2000+%, since January.
7] WNBD was below .001 in December, and over-priced then. It
will be back down below .003 within 2 months, and dropping.
8] At today's price Winnout is a sure winner, for a 90+%
tax loss in 2008, if sold by 31dec2008.
9] Except for flippers + shorters [and its CEO, of course].
Bottom-lines :
Never 'recommend' pinkys to friends, unless you have too many.
Similarly, they are great gifts for mother-in-laws.
extra, Sincerely [and all in our opinion, as always].
From a WNBD + Home Depot ex-customer,,,
who made the mistake of using a Wipeout carpet bleacher.
It's hard to believe that the manufacturer forgot to test
the 'cleaner' on a rug. And, CLUB SODA WORKS BETTER!
How much will WNBD shareholders pay for the new rug? And, how
many more will they be buying? Maybe WNBD should sell rugs.
Or, 'Winning Brands' should sell 'Club Bubbles Cleaner'.
It's even safe to use in mixed drinks. And it works great,
without destroying rugs, and it's cheaper to make, and
nobody sues the bottler of club soda if it spills on a rug.
Here's the 'testimonial' from a 'Winning' rug loser :
***********************************************************
Overall Rating - 1 out of 5
Waste of time, November 21, 2006
By Jeannie from Vancouver, BC
" I tried using this product to remove some food stains on
my carpet. While it did lighten them a bit, the stains did
NOT go away completely, at it TOOK SOME COLOUR from the
carpet fibres.
I finally used CLUB SODA followed by DISH WASHING LIQUID
and was able to completely remove the stain. However,
Winning Colours: Paint & Stain Remover has RUINED MY CARPET.
I would NOT recommend using this product on a surface that
you CARE about. "
************************************************************
P.S. ; In Our Opinion ;
Cleaning products are best packaged in CLEAR plastic
containers, with adjustable sprayers. [If they work.]
NOT, opaque motor oil cans, that are designed to safely
contain hazardous waste products. [If they are damaging.]
Also, buying this 'Winning stock' , could be damaging
to a portfolio of Real stocks. There is a Real reason
why pennys + pinkys sell for pennys + less, and lose
90% per year, ever since statistics were collected.
extra, Sincerely
P.P.S. ; Actually, the idea of Club Soda in a clear plastic
spray bottle is not a bad idea. Or, any soda, or juice.
Great for kids, and fraternity parties.
copi's SEC Filing's said it would NOT be profitable,,,
FOR SURE, IN THE FIRST OR SECOND QUARTER OF 2008.
And, only mumbled that it 'might be' 'cash-flow-neutral',
and that is ONLY because they 'may' defer Top-copi salaries.
That's the Facts. As Filed by the Top-copi's.
And now floating on the SEC website. Just go check.
We shorters always take time out for Factual DD.
And pay for it by diluting elsewhere. Like copi.
cargo; The 'response' does not say that copi ever gets paid,,,
for anything. And, deservedly so. Because, copi does not
provide anything useful, that is not already totally free,
and fully 'paid for' by ALL U.S. Tax-payers.
Here's a copi of the funniest part of your 'link'
that proves that copi probably gets, and certainly deserves,
and fully dilutedly earns, absolute Zero:
" As compensation for these services, we pay the distributor
contractually determined amounts on a per query basis. The
distributor submits monthly remittances together with the
related monthly activity reports. We have a contractual right
to audit such reports. "
We shorters are rotfloao.
copi can't even get an 'auditur' for it's own pile
of pre-printed 'new shares' + toxies + preffies +
'exec' salaries + raises + bonuses + 'options' + etc's.
The copi run-down to .02 starts in 8.5 hours.
And, Breakfast-at-the-Broker starts in 7 hours.
See ya all shortly. Should be fun.
Will the flippers flip, before the shorters short?
Ni-tall.
cargo; Any Real telannoyer has a high-school programmer,,,
[probably a kid, or neighbor, or grandkid]
who can write a simple program, in a short weekend,
that collects blocked call numbers, so they don't waste
time ever calling them again, and collects unblocked calls,
so that they can keep calling them, FREQUENTLY.
Tele-marketers DON'T make money by calling NON BUYERS.
They, obviously, make a small percentage of ACTUAL SALES.
So, they FOCUS on 'people' who buy from telannoyers,
and quit calling the ones who don't. And, the 'Don't Call'
list is ABSOLUTELY FREE, from the U.S. Gov't.
And, all telannoyers have it. Or can get it, FREE.
So, only the absolutely most novice telannoyers would ever
pay for copi's copies. But, they go BK fast, and never pay.
copi's teen-age weekend programming homework problem
will never be profitable. Because, if it ever gets close,
some teen-ager will program a better one, any week-end.
Just like Bill Gates did. Or, maybe his kids will.
If it was not a guaranteed money-loser, as proven, by copi.
Gotta go now. And call my grandkids. Who can spell 'program'.
cargo; Why did copi NOT say that they get paid ?
Exactly what does this really mean ?
Here's what longs keep repeating :
" To date, the company has processed over six billion calls,
a number equal to the entire global population! "
Shorters know what it means. Longs really don't, but hope.
We think that copi may have tested some low-tech software,
before paying a lawyer, to file a patent, that was not worth
filing, for any Real company that cared about Real profits.
That's why copi has a 'monopoly' on a money-losing 'business'
and no 'competition'. Except, VeriSign actually makes cash,
by hosting copi. Just like Google sells commercials, for
many money-losing pinkys + pennys. But, they get paid, first.
Just as an example, 6 billion repetitions is not such a big
deal. Many people have 3 billion heartbeats, and die, broke.
cargo; That is 1-week old, often-repeated, non-news...
Because, everyone knew, months ago, that it would
easily pass + be signed by the Pres.
Especially in an Election year.
And, he asked his congress rep.s to 'get it done'.
It's only 'election year fodder' , and totally
meaningless to copi, as you have highlighted, in your quote:
" The FTC and the Department of Justice together,
have taken action against thirty-four "
Big deal. 34 cases in 5 years. And, that is the
TOTAL REASON FOR ANYONE TO PAY COPI. Dream on.
That's why copi has 'no competition'.
No one else wants to always lose cash.
Except, if their 'business plan' is selling
newest 'shares' to new + old longs, and voting for toxies.
And now, NO OUTSIDE 'SHARE'HOLDERS CAN EVEN VOTE AGAINST
EXPONENTIAL + UNLIMITED MASSIVE COPI DILUTION, EVER.
So, copi is diluting full bore. In just the last 8 months.
And, here it is :
June 2007 = 50 Million 'fully diluted' copi shares, as Filed.
NOW = 1.2 Billion, that we know of, so far, iaw Filed info.
And, waiting, for the next copi SEC Filing,
where they must admit to the more recent floating floods.
The latest that copi can file, without being late,
AS COPI WAS BEFORE, is 30mar2008. And, it is 'supposed to be'
copi's FIRST EVER AUDITED ANYTHING. copi's last accountant
is no more. Shorters know why. Just Factual DD.
And, copi already knows all of the numbers. Because the
Filing only covers through 31dec2007. But, copi says nothing.
And, neither does their over-paid, outside, IR guys.
Why is copi paying them, to say Zero, and not answer phones.
We shorters think we know 'why'. Exactly. [must not be good]
And, we may bet big on it, in just ~10 hours.
And, the biggest copi longs will be also selling, to flip,
but probably a little too late, ioo, because
professional shorters don't click in their trades.
Click-ins always go behind sit-ins, who go-in,
and have breakfast with their friendly Broker.
It's worth it. Especially for those who do Factual DD.
extra, Sincerely + GLTAS+F
34 winning 'Quit-Calling' cases in 5 years!
How many unionized govvy lawyers pretend to work in the
'DNC' Enforcement SWAT Team? And, what internet law school
did the click on? And, copi's 'business plan' , and total
Gross[ly lacking] 'Revenues' depend DIRECTLY ON THEM.
The sad fact is, we ALL are actually PAYING them, FULL-TIME.
And, have been, for 5 years. And, thanks to congress, and
the pres, and the 'election year', we now have to pay them
forever. So, now they have 'job security'. Which means,
don't count on them to ever do any better.
And, guess who is 'in charge' of that DNC SWAMPED Team ?
We shorters know, because we actually do Factual DD.
Hint: It's not Kennedy or Biden. They would have done
much better. Even though they never won a law case, after
barely passing their Bars. Or, did they ever pass any bars?
GLTA. Only 11 hours to copi kick-down.
We shorters will buy more copi's tomorrow than any long...
As we cover, at .0201 at the end of the day,
after shorting, as soon as the market opens.
We just hope that the longs have saved enough cash
to buy high, as the market opens. Otherwise, copi
will crash too fast, before we short enough shares.
Then, we will have to wait for the next cat-bounce.
They seem to happen more frequently, lately.
We shorter + flippers + day-traders + MM's + Brokers
love it. And, we appreciate [thanks to] the fuel pump.
Less than $5 Million Gross per year for the world,,,
in 'Do-Not-Call' incentives is kinda small.
Quoting cargo : " The FTC and the Department of Justice
together, have taken action against thirty-four parties,
collecting a total of over $16 million in civil penalties
and $8 million in consumer restitution since the
Do-Not-Call Registry was established in 2003. "
They only won 34 cases! Must not be trying very hard.
We get more than 34 annoying tele-marketer calls, every
week, and we signed up for blockage ASAP.
Does not sound like much of a 'growth' business.
Because, there is certainly not much 'enforcement'.
[And, never will be, for very good reasons.]
Probably why no other Real company decided to waste
any Real cash to write a better program, or any program.
Let's analyze this.
1] Small annoying telemarketers don't need telebunk,
because they keep going BK before paying any fines.
2] Big annoying telemarketers don't need telebunk,
because they just make their annoying calls from
almost anywhere off-shore, where labor costs are much
lower, and there is no law against telannoying.
3] So, who's left to pay for this no-tech 'service' ?
Also, if you read the exact words of the copi PR's, it is
obvious that copi DELIBERATELY DID NOT SAY, that they got
any 'revenue' from 3 or 6 billion screened calls, or even
how many might have been 'blocked'.
Our guess is that copi's programmers were just practicing,
during a weekend of 'development + testing', to see if their
program kinda worked ok enough, to hire a lawyer, to file
a 'patent'. And, it worked good enough. So, copi got a
patent, that has produced 5 years of losing cash. Which is
ok, as long as longs keep buying more copi's.
And, it's still working. Because longs keep buying.
Just 12 hours until this week's copi kick-off.
We are still betting on a kick-down, near .02 ,
especially if the shorters use the new Down-Tick play.
cargo; We may agree, regarding repetition...
And, what a great way to save time at copi,
and have more time + posts for other copi-like opportunities.
Let's ALL, NEVER re-post ANY "info was previously posted
and discussed". Besides, iHub considers constant repetition
to be spam, [we believe/hope], although it is rarely
enforced, especially here [and swvc], and certainly not
regarding 'good news', like 'copi was $1.60', and several
other projections/hopes, like 'copi may eventually not keep
losing money' and 'copi may not have to keep diluting, faster'.
Anyway, from now on, let's ALL just post ONLY Brand New, and
Independently Verified Facts, directly relating to copi.
That would exclude ALL projections, except for the few of
us that usually get it right-on. And, ALL PR's, until they
are Independently Verified. And ALL IR stuff, assuming
that they ever stuff anything out, or answer a phone.
And, all of the old copi info can be stuffed into the iBox,
which, [we believe/hope], is the actual + only purpose of
the iBox. We suggest 4 sections for a totally redesigned, and
exceptionally useful, and time-saving, copi iBox, namely :
1] Old 'good news' about copi [a huge section]
2] Independently Verified old good news about copi [tiny]
3] Old 'bad news' about copi [small, but most important]
4] Independently Verified old bad news about copi [same as #3]
There. We're in. But ONLY if everyone agrees.
extra, Sincerely
P.S. ; Obviously, new potential buyers or flippers or
shorters or day-traders of copi, should be warned ASAP,
and be allowed a few repetitive + unverified-info posts.
But, within a dozen of so posts, they should be playing
like the rest of us old-timers, and ONLY posting Brand New,
and Independently Verified Facts [only], that are directly
applicable to making money by flipping copi, long of short.
Is it a deal? We all could use the spare time,
and some of us need to ration our free posts. Let's Roll.
copi's growth in fully diluted IS rising, exponentially...
Outstanding Shares went from ~50 Million in June 2007 ,
up to at least 150 Million now.
You never know for sure, [except you know it's exploding],
because, copi always loses cash, And, copi never reports
new 'shares', until they must, in an SEC Filing, And,
copi keeps its TA + IRG gagged regarding the booming float,
and the 'awarding' of Toxic Debts + Preferreds.
And, just last week, copi had to finally File their
previous recent 'award' of 30 Million More copi options,
that were only good enough for the Top-2-copi's, who are
already grossly overpaid, considering that copi has never
made 1 penny of bottom-line, after-tax, profit.
But, by far, the worst thing about copi is those
8x-Super-Toxic Convertible "Preferreds" , which guarantee,
TO INSIDERS ONLY, [at the immediate direct expense to
outside shareholders, only], that every time 1 New copi
floats in, the Preffies get 7 more, extra copies, for free.
Plus 7 more votes. And, insiders are guaranteed to have
87% of all votes, at least + forever. So, outside common
'share'holders can never vote against more dilution, or
more toxies, or more preffies, or more salaries + options
+ bonuses for the Top-copi's. Basically, all outsiders,
combined, own Zero, if copi is sold, or goes BK. And, one
of those is sure to happen. Probably within 1 year.
Only flippers + shorters [+ insiders] can be sure to profit
with copi. But, copi is a great play, because it bounces
so much, and it is thinly traded, and it keeps all current
+ useful Real valuation information a total secret. And, no
Wall Street Analyst follows it, and longs don't care. They
make their own 'projections'.
So, 8 months ago, there were ~50 Million 'fully diluted'
copies of copi. Now, there are at least 1.2 Billion, because:
1.2 Billion [diluters] = 150 Million [floaters] x 8 [toxized]
What we like about copi is, that is does not ever matter if
copi keeps losing cash + diluting, or, if it starts profiting.
Because, it just keeps diluting faster. That, ioo, IS
copi's obvious 'business plan'. And, it's working just fine.
extra, Sincerely
By the close tomorrow, in 22 hours, and counting down,
we will all know who won Monday's play-off game,
between the shorters + flippers + sellers + day-traders,
versus the buy+hold+buyMores. [Seems unfair, but who cares.]
We are pretty sure that several/many big longs will be
selling + flipping, early + often, as the shorters drive
the Down-Ticks, to the goal line, which is .02 ASAP,
and .01 within 2 weeks.
Don't forget to rest up for the game, and arrive before 0830.
Lots of SAI info available here: WEBSITE:http://www.saic.com/
and a little in the iBox above.
Basically, SAI is somehow involved in almost everything
that is funded by the Fed. Gov't.
They have an 'Energy Group' , [or 'Business Unit'],
or whatever they call it. It no doubt includes 'Clean Coal'.
SAI hardly ever builds 'big systems', or big hardware,
like tanks + missiles, etc, but is always 'involved',
usually in the new technologies before production, and
'Systems Integration' + Testing as a new system is developed
and deployed. Sometimes they also get long-term contracts
to operate high tech systems.
Much of their work is very 'high level', and rarely discussed.
Occasionally, SAI does something 'public', for fun.
Recently, they were on the winning team for the unmanned
vehicles that 'raced' from Barstow, CA to Primm, NV.
Previously, they were on an 'America's Cup' team, and worked
on hydrodynamic design of the hull + keel.
SAI hardly ever advertises, because they don't sell to the
public. And, all of their potential Gov't customers already
know them very well, because they already work everywhere.
Usually at the very highest levels of large + new-tech
Gov't programs, especially DoD + DoE.
SAI has always had an amazing ability to 'get lucky', every
few years, almost as if it were planned + scheduled. Could
be, because, when you work at the highest levels of new
technologies, that receive long-term Gov't funding, you have
an 'insight' into what is coming [and will be profitable].
My favorite SAI 'got lucky' story, was their 100% cash
purchase of a small private moderate-tech company, for
$50 Million in ~1997. Even though SAI was private [until
Oct 2006], they did an IPO for the small company, and a
'Secondary Offering' a little later, and finally, a sale
of their last remaining ~22% to VeriSign. All-in-all, SAI
collected ~$4 Billion in profits, within ~5 years, from
their 'lucky' purchase of small company, with only 1
'sole source' Gov't contract, which the Gov't soon decided
to 'put out for competition'. Thus, the 'monopoly' held by
the small company was gone, forever. That's usually very
bad news, like losing your only patent, and having to start
competing with the 'big boys', who are now allowed to copy
your technology, and undercut the price. And, that's exactly
what happened. As a monopoly, their 'product' sold for
~$70 for the first 2 years, and ~$25 to renew, annually.
The price today is as low as $1 per year, but, they are
still 'in business' and making a profit.
In case you have not yet guessed. SAI had bought NSOL, and
did the IPO + Secondary, and sold the rest of it to VeriSign,
which still owns it. NSOL = Network Solutions, the Real
Inventor of the Internet, as we know it today. In the early
days, only the Federal Gov't needed an internet, to connect
the largest computers in the U.S., to do research that
required most of the world's computer power, at that time.
No outsider know what could be the current 'insights' of SAI.
But, as an investor, and an early-retired former employee,
I personally know that my first shares have a current basis,
after many splits, of $0.042. And, last Friday, they closed
on the NYSE at $19.13 each. So, that's up, 45,477% ,
in 31.25 years, since October, 1977. If you do the math,
That's a compound annual growth of 22.4% , for 31+ years,
with no taxes, if you don't sell. Except for a 33% 'Special
Dividend' in Oct 2006, right before the IPO, to return a
huge cash hoard to the employees, who earned it, since 1969.
SAI is an amazing company. And only the tip of its iceberg
is publicly discussed. Most believe that SAI has 'created'
thousands of Millionaire$, including secretaries, who, like
all employees, got ~4% as a yearly bonus, in SAI stock, paid
into a tax-deferred retirement plan. Many stayed employed
for 20+ years. Just for fun, do the math and see what happens.
The Miracle of Compound Investing.
Save $1000 yearly, for 27 years, compounding 22.4% annually.
extra, Sincerely + GLTY
cargo; When copi shorts cover within 3 days,,,
Their shorts are NEVER reported, Anywhere, and Legally.
Just like ALL MM shorts. They/we do it for a living.
That's their/our main job. They/we 'balance' the 'market' ,
especially for thinly-traded, over-priced, pinkys+pennys.
If MM's could not short copi, they would not bother with it.
They love the volatility, and the pump&dumps. It's profitable.
So, no copi short 'shares' are ever 'borrowed' , or ever need
to be, because it is NOT necessary, and, a total waste of time
for Brokers who know their best copi clients are always
less-than-3-day-trading shorters. Especially with copi's.
In our opinion, copi is going down, soon, and faster.
Because it was way over-pumped, and still is, and
more overloaded with toxies, than a basement chem lab.
And, it does not matter at all if copi has 'more revenues'
or Zero revenues. All that matters is that copi is grossly
over-priced, and still massively diluting with 8x-Super-Toxies
and, 1 guy can vote for more, any night, forever, and
no common 'share'holder will ever vote again, and
[as Homer Simpson says], "a bunch of other stuff".
extra, Sincerely. + GLTA
All of the above is Only In Our Opinion [oioo],
which may be Factual + Profitable History, in 32 hours.
The earliest bird, re-turns the copi's,
to Real 'market value' , since the Facts are out.
[all over the internet, just check]
[in between googling tellabunk, and verysink]
copi will never buy back a share. No pink or penny ever does.
When pumpers start blaming shorters,
and inventing buybacks, we know we are
fully insured.
cargo; We short + cover, as copi bounces...
Just like flippers. But we just sell BEFORE we buy back.
Because, copi is trending down, since the pump failed.
cargo; It does not matter if 'copi does good' ,,,
or 'has revenues' , if
copi keeps losing after-tax cash
and
massively dilutes constantly, using toxies.
[Although, we don't blame them. They must offset losses.]
.<font color=orange>Shorts never lose on copi, if...
they just wait for the pumps to peak out, and drop 20%.
Just check the price-history charts.
It's almost too easy to profit in copi, shortly.
We know of no shorts who ever lost on copi.
And, we know many who usually profit.
And, we have never seen any proof of any shorters ever
losing, especially from the guys who always want links.
They think, every time a pumping stock doubles,
some [or all] shorter[s] in the world goes BK.
Or, at least they think that some long will buy that.
They may be right. They bought copi.
Markets re-open in less than 34 hours.
The early short gets along sooner, + later.
.<font color=blue>elf; We agree with you on this : " At least with Cornell we knew who and what we were dealing with. "
And, some of us know why copi HAD to ever 'deal' with them.
But, at least the Cornelli's could be re-called, if copi
could find some temporary cash. And, they did.
From Insiders, who got an even better deal [ioo].
That's how these refi's usually work, for 'companies' that
always lose money. When they default on the old loan,
they must get a new + worse loan, ASAP. Like all sub-prime
borrowers, without a cash-positive job.
In copi's case, it's a little subtle, but,
at least it's all Filed, recently, with the SEC.
Here goes :
Cornell could be dealt with, and probably was [?]. But,
do the longs really know what they are 'dealing with' now.
In our view, a much worse set of 12% 'dividend-paying' toxies,
that can never be diluted. But, here's the worst part.
Even though the 'replacements' CAN also be re-called, if
they are 'paid-off' early. They probably never WILL be.
Because, the Top-copi Insiders who now own those gems, are
the same guys who now own 87+% of all copi votes. They
just voted to repay Cornell, as default approached, and then,
immediately signed copi up for a better deal, for themselves.
Why would they ever 'vote' to recall them early. And, they
can 'vote' themselves more, anytime. BUT, only after they
dumped the Cornell 'deal' , because, it did not allow such
obvious games. [Cornell has good lawyers. That's their biz.]
By the way. copi seems to have good lawyers too.
Their frequent SEC Filings are very specific, and detailed,
and way too long + complicated for most longs to interpret,
correctly.
We could be wrong. But, if we were, why would we be here ?
And, why are the longs still here, believing other longs ?
Monday will certainly be interesting. Like last Tuesday.
And probably very profitable, for those who get up
extra early. Sincerely.
[We hate it when those biggest longs jump ship before us.]
.<font color=green>Preferred copi's are much better than commons...
We might even buy some 8x-Super-Toxic Convertible Preferreds.
But, so far, copi only 'sells' them to Insiders,
while outsider common 'share'holders have already
starting paying for them, via super-massive-fully-dilution.
They were on sale for $1 each, and are 'worth' 100 commons,
including 100 votes, even before 'converting'.
So, the Insiders just paid $0.01 per common.
Which is why the common is going to $0.01 , soon.
And, some of the "Preferreds" get 10% yearly cash 'dividends'
or is it 12% , or whatever the rules are, for the different
A + B + C Preferreds.
But, the best thing about Preferreds is :
Every 1 new share that drifts in to the copi common float,
as some outsider buys it, and/or some insider 'exercises' it,
is a totally free gift of 7 extra free shares to the lucky
winners of the Preferred game.
And, this Preferred game is far worse for ordinary common
copi longs, than any Cornelli's ever were. [by the way,
swvc is playing exactly the same game, and has many of the
same fans, and may be re-visited, shortly, when time permits]
extra, Sincerely
.<font color=red>0.02 for copi on Monday is possible!
If so, the re-shorters will be among the first sellers.
And, in our opinion, right along with them will be
the largest outside common copi shareholder, who watch
most carefully, and have the most to lose. Or gain,
by selling early while still able to unload in the .03s ,
and buying back later, in the .02s , or waiting for .01s ,
or the .0009s
We are not sure if copi is growing, or fast enough to ever
become a 'going concern' , that does not need to keep
borrowing more cash, to cover losses + inflated 'exec'
salaries + bonuses + options + etc.
But, we are sure that copi's 'fully diluted' is growing
far faster than the longs admit, and way faster than anything
that we have ever shorted, recently.
If copi ever starts showing 'after-tax-earnings' , like
Real companies, we may even buy into copi's story. But,
we would never buy 1 common share. Which has recently
suffered from massive 'fully diluted' dilution. Which can
continue, any day, with no common shareholders ever voting.
Like it did again. Just last week. 30 Million brand new
options, for just the Top-2-copi's. And, when they float in,
the 8x-Super-Toxic Convertible Preferreds get 7x as many
TOTALLY FREE DILUTIVE SHARES. And, they don't even have to
pay anything, to 'exercise their options'. That's 210 Million
totally free, more, new shares, just added last week,
to the 'fully diluted'. A gift from all common shareholders.
The only way we would ever buy any part of copi is,
if we got the same 'deal' as the 8x-Super-Toxies, AND,
with legal language that no better 'deals' can ever happen,
and, All salaries + bonuses + etc's must be 'in-line' with
Real + Profitable, Tax-Paying Companies.
And, think about this. The 30 Million Brand New Option Shares
must be bought, for $0.026 each. Which may be a little high,
if the time ever comes. But, the guys who have to pay for
them, also own the 8x-Super-Toxic Convertibles. So, it is
'worth it' for them to over-pay, by 8x, because, each option
share that is exercised, and floats in, launches 7 more
totally free shares for those same 8x-Super-Toxie holders.
Bottom-line :
copi has recently 'restructured' itself, in a way that is
terrible for any long + common 'share'holder. And, it will
'correct', as it is corrected by the Real Stock Market,
which includes shorters + Hedge Funds. And, posters of these
confusing Facts. And others, who don't like to discuss these
Facts. For whatever reason.
extra, Super Seriously
ALL 1.2 Billion copi 'fully diluted' shares,,,
VEST IMMEDIATELY, with NO RESTRICTIONS, if copi is ever sold.
That includes :
1] All Options [with NO waiting for 'vesting']
2] All 8x-Super-Toxic Convertible Preferreds [A+B+C+?]
3] And, anything else that copi has not mentioned yet
3] And, anything else that copi adds in the future
So, today, the outside 'share'holders of copi really only
'own' no more than 13% of copi. And, it's all
OFFICIALLY FILED, BY COPI, ON THE SEC SITE.
Right where it belongs, and ALL supposedly legal.
copi is only 'worth' what it can be sold for. And, the
outside 'share'holders own ONLY Their Tiny Part Of The
Current FULLY DILUTED Shares.
copi was recently pumped up to $0.09+ when these FACTS were
not known, or understood, by investors. The pump started
in mid-December, RIGHT AFTER THE 8X-SUPER-TOXIE FILING,
in early December.
They pumped it up ~900%, starting at $0.01 , up to $0.09+ ,
right after 'fully diluting' it to no more than 13% of
copi's previous 'market value'. Without pumping, the market
would have 'adjusted' copi down 87%, to LESS THAN $0.0013
Then, last week, copi added ~30% MORE 'fully dilutive'
Options [as Filed also, on the SEC site], and gave them all
to the 2 Top-copi's, ONLY. So, copi should be DOWN another
30% , to $0.0009 , AT MOST. It should be on the verge of a
Reverse-Split.
And, in our opinion, it will be, very soon, as soon as the
Real Market 'digests' the REAL FACTS, AS FILED WITH THE SEC,
BY COPI, IN THE LAST 2 MONTHS.
Two 'scenarios' are possible [ioo] :
1] copi is bought-out, and all outside 'share'holders divvy
up their less-than 10% of all left-over cash from the sale,
after paying every possible current debt + expense, and
whatever is added on by lawyers + accountants, before the
check clears. [ioo, that will be $0.001 per share, or lower.]
2] copi will drift and/or bounce and/or crash, down to its
Real Market Value, of $0.0009 [and lower], as these FACTS
about the 'fully diluted' real value of each common share,
is more fully disclosed + understood, by those who were
pumped into buying any.
We will continue to post these Facts, and short copi,
until copi's True Market Value is achieved. Please be
careful with opposing 'points of view' , that directly
contradict the Facts, based on the Official Filings,
by copi, on the SEC Website. [Our best posts are usually
highlighted, by I-Hub, with that new green arrows thingy.]
extra, Very Sincerely
1.2 Billion Shares = 8 x 150 Million floating...
The 8x-Super-Toxic Convertible "Preferreds" can't be
diluted from their 87% control. EVER. No matter how many
new shares float in. Including the 30 Million Brand New
Options, just 'awarded' to the 2 top guys of copi, ONLY.
So, however many shares are floating, and growing,
there are always 7 TIMES MORE CONVERTIBLE "PREFERREDS" .
And, 'the shareholders' never even voted for this.
Just, ONLY 7 Insiders, who collectively owned 54+%
of all shares, at just the right time. They only needed
30,141,741 million shares on the "Record Date" .
NO other outside shareholder voted, or was allowed to
vote, or even got a proxy, or any notification.
They could have found out, [a little too late], by reading
all of copi's Filings, ASAP. And, they could still read
the Filings now, [way too late].
It was all Filed with the SEC in this :
Form DEF 14C
COMPLIANCE SYSTEMS CORP - COPI
Filed: December 03, 2007 (period: December 04, 2007)
But, it gets much worse. Now, as a result of that barely
50+% 'vote' , by 7 cozy copi Insiders, and ZERO other
Outsider 'share'holders, the copi-leaders Never need to ask
for any more votes, ever again, because they can now even
do THIS, Anytime, [which was also SEC-Filed] :
*************************************************************
" Anti-Takeover Effects Of Provisions In Charter Documents "
" Pursuant to the terms of our Bylaws, our authorized but unissued common shares are available for future issuance without having to obtain stockholders’ approval. These additional shares may be utilized for a variety of corporate purposes including but not limited to future public or direct offerings to raise additional capital, corporate acquisitions and employee incentive plans. The issuance of such shares may also be used to deter a potential takeover of the Company that may otherwise be beneficial to stockholders by diluting the shares held by a potential suitor or issuing shares to a stockholder that will vote in accordance with the Board’s desires. A takeover may be beneficial to stockholders because, among other reasons, a potential suitor may offer stockholders a premium for their shares of stock compared to the then-existing market price. "
*************************************************************
Just 131 little legal words, not counting the title, [we just
counted them all], that mean [to us shorters, in our opinion],
that all of the outside 'share'holders really own almost no
part of copi, all together. Right now, they may own as much
as 13%, combined. But, it could be less, right now. And, it
could be reduced, at any time, with no outside 'share'holder
ever voting again, ever.
If copi goes BK, it does not matter. But, if copi is sold,
all Outside 'share'holders will get no more than 13% of the
final scraps, After paying off all bills + debts + CD's ,
and lawyers + accountants + everything else they throw in,
or out.
And, if the 13% is a little too much to just give away to
the Outsiders, it can just be reduced, right before copi
is sold.
That's a darn good insurance policy, for shorters, only.
extra, Sincerely
And, all oioo [only in our opinion], oc [of course].
GLTA [great legally tight arrangement].
Welcome play. Looks like we are they...
Do you own any SAI?
I bought my first 100 at $5.04 , in 1977.
Then, they split 2x + 5x + 4x.
Then the IPO was another 2x + $15 Special Dividend.
Bottom-line is a basis of $0.042 per share,
with no taxes for 31 years, on the unsold shares.
I retired 15+ years ago, based only on SAI stock.
It's up almost 48,000% since my first buy.
What brings you to this SAI board?
ioo, next week, wnbd will close below .028 ,,,
and the shorters will move in.
And, correct the price to .018 within 2-4 weeks, and cover.
Then, a small + short bounce, to the low .02s ,
followed by another short ride down to .008
If wnbd does not start Filing, ASAP,
there must be a very good reason for them to Never File.
We shorters can easily guess why they never file,
and that makes wnbd a great short.
There is nothing better for shorters than a newsless
20x pump, on an always money-losing, constantly-diluting,
pinky/penny, that refuses to file anything with the SEC.
Maybe they think that shareholders don't care.
Maybe they will start caring, shortly.
extra, Sincerely
swvc Fires its Independent Accountant, for being Independent + Reporting the Truth.
Hope the new guys are at least as Independent + Truthful.
Here's the news :
********************************************************
SEAWAY VALLEY CAPITAL CORP: 8-K, Sub-Doc 1, Page 2
Item 4.01 Change in Registrant's Certifying Accountant
On February 8, 2008, the Board of Directors of Seaway
Valley Capital Corporation ("Seaway Valley Capital")
dismissed Rosenberg Rich Baker Berman & Company, P.A.
("Rosenberg Rich") from its position as Seaway Valley
Capital's independent registered public accounting firm.
The audit report of Rosenberg Rich on Seaway Valley
Capital's financial statements for the period from inception,
January 14, 2006, through December 31, 2006 contained an
explanatory paragraph expressing SUBSTANTIAL DOUBT ABOUT
Seaway Valley Capital's ability to continue as A GOING CONCERN.
The audit report of Rosenberg Rich for the period from
inception, January 14, 2006, through December 31, 2006 did not
contain any other adverse opinion or disclaimer of opinion or
qualification other than the explanatory paragraph noted
above. Rosenberg Rich did not, during the applicable periods,
advise Seaway Valley Capital of any of the enumerated items
described in Item 304(a)(1)(iv) of Regulation S-B.
Seaway Valley Capital and Rosenberg Rich have not, during
Seaway Valley Capital's two most recent fiscal years or any
subsequent period through the date of dismissal, had any
disagreement on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope
or procedure, which disagreement, if not resolved to
Rosenberg Rich's satisfaction, would have caused Rosenberg
Rich to make reference to the subject matter of the
disagreement in connection with its reports.
Seaway Valley Capital has requested Rosenberg Rich to
furnish a letter addressed to the Securities and Exchange
Commission stating whether or not Rosenberg Rich agrees with
the statements in this 8-K. A copy of that letter is filed
as exhibit 16 to this 8-K.
On February 8, 2008, Seaway Valley Capital retained the
firm of Dannible & McKee, LLP to audit Seaway Valley
Capital's financial statements for the year ended
December 31, 2007. Dannible & McKee rendered an audit report
on the financial statements of Wisebuys Stores, Inc. for the
years ended January 31, 2007 and 2006 that was included in a
current report on Form 8-K filed by Seaway Valley Capital.
Dannible & McKee also rendered an audit report on the
financial statements of Patrick Hackett Hardware Company, Inc.
for the year ended December 31, 2006 and the nine months ended
September 30, 2007 that was included in a current report on
Form 8-K filed by Seaway Valley Capital. However, at no time
during the past two fiscal years or any subsequent period did
Seaway Valley Capital consult with Dannible & McKee, LLP
regarding any matter of the sort described above with
reference to Rosenberg Rich, any issue relating to the
financial statements of Seaway Valley Capital, or the type of
audit opinion that might be rendered for Seaway Valley Capital.
Item 9.01 Financial Statements and Exhibits
Exhibits
16 Letter from Rosenberg Rich Baker Berman & Company, P.A.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
Dated: February 8, 2008 SEAWAY VALLEY CAPITAL CORPORATION
By: /s/ Thomas Scozzafava
---------------------------------
Thomas Scozzafava
Chief Executive Officer
************************************************************
We wonder which Accountant has a higher rating.
Actually, it does not really matter if swvc has an outside
accountant, or if swvc ever files anything. Because the CEO
personally owns 80% of all swvc votes + assets. And, he
could vote to raise it to 99% he decides to vote again,
anytime, even overnight. And then, all common shareholders
would just split up their 20% [or 1%] 'share'.
Why would any long buy 'shares' in a 'company' ,
that already took away 80% of their total combined share,
and, could just as easily, overnight, take another 95%
of their remaining 20%, and leave them with 1% [or less].
P.S. ;
It has been done before. [znxt is "up to" 40% of the old paim.
And no common shareholders voted to give back 60%, for free.]
Live + learn. Sooner or later.
extra, Sincerely
It helps to read plci's latest 10-Q. Here's some of it...
*********************************************
" Loss per share and common share equivalent:
The Company's basic and diluted net loss per share is computed by dividing net loss by the weighted average number of outstanding common shares. Potentially dilutive securities, which were excluded from the computation of diluted loss per share because to do so would have been anti-dilutive, are as follows:
Nine Months Ended
September 30, Three Months Ended
September 30,
2007 2006 2007 2006
Stock options 18,030,338 5,625,993 18,030,338 5,625,993
Warrants (1) 85,151,188 39,543,930 85,151,188 39,543,930
Convertible notes 612,379,400 644,263 612,379,400 644,263
Total dilutive shares 715,560,926 45,814,186 715,560,926 45,814,186 "
******************************************************
Sorry for the spacing, but, here's the bottom-line,
copied from the bottom line above, in plci's latest 10-Q :
" Total dilutive shares = 715,560,926 "
And, that was 'as of' 5 months ago, on 30sept2007.
So, IF " the A/S is only 200 million "
IT WILL HAVE TO BE RAISED BY 4X, UP TO 800,000,000
JUST TO 'COVER' WHAT plci GAVE AWAY AS OF 5 MONTHS AGO.
And, plci's current Filing, which will only cover
through 31dec2007, will probably be worse.
And, plci won't say what it is today, until they must,
which won't be until May'08, unless plci is late again.
P.S. ; If any long reads the 10-Q's + 10-K's, don't miss
checking the 'executive salaries + bonuses' . That's cash
that should have been going into common shareholder value.
It's amazing what the commoners pay to the 'executives' of
a 'company' that never made a penny profit, and never will.
Good Luck
extra, Sincerely
'factoring' is the key word regarding the 'loan' ...
Our guess is that the 'loan' is based on no more than
50% of the wholesale cost of the inventory, which
remains assigned as collateral.
And, the interest rate is probably worse than sub-prime
credit-card rates. Our guess is ~24%, which is 2% monthly.
And, just wait until WF starts getting phone calls from
its Real shareholders, asking why they are loaning new
cash to a penny/pinky, that is already way overloaded
with 5x-Super-Toxic debt.
Also, how come there is no PR with a link to a copy of the
Actual Loan Document, including such 'minor' details as :
1] What is the interest rate ?
2] What constitutes default ?
3] What happens if the loan defaults + swvc can't pay up ?
4] How fast can WF seize anything + everything of any
salvageable value from swvc, including cash registers ?
So many questions. And so little disclosure.
We may buy 1 share of WF, and then call the CEO of WF,
since swvc keeps forgetting to spill the beans, about
all of the most important things.
Probably because swvc doesn't have to [or want to],
because 1 guy owns 80% of all swvc votes + assets.
At least until he votes again, to award himself
another raise, up to 99% of all votes + assets.
Why not ? He already took 80%, when only 51% was 'necessary'.
Not quite. swvc is clearly overpriced,,,
to those of us who focus on Facts, and skip over
PR's, and the subsequent exaggerations + repetitions
by the longs who have a vested interest in making
their hopes come true, at least until they flip out.
Shorters just find Factually overpriced stocks, and
correct the price, for a fee. Whereas, longs try to
silence any negative facts, as is clear to those who
read the boards. Especially for pennys + pinkys, like
swvc [and copi, and znxt, and tmmi, etc.]. Where very
little Real info is available, and no Real Wall Street
Analysts waste their time trying to watch. And, the SEC
says, never buy any of this junk, and they don't care
if you do.
Assuming that we all have the profit motive, which group
do you believe is more honest, and informed? In addition,
if a pinky is not a scam, no shorter can hurt the price.
All swvc must do, is File an Independently Audited
Financial Statement, showing a profit, or decreasing
losses, and decreasing dilution.
And, cancel their 5x-Super-Toxic "Preferreds".
And let all common shareholders vote equally,
and share equally in any build-up in equity.
If, AND ONLY IF, a CEO increases shareholder value,
should he be rewarded. And NOT by Hoarding 80% of
All of swvc's Votes + Equity. And, with the ability
to vote, all by himself, any night, to raise his own
personal cut up to 99+%.
It is incredible that longs keep buying + holding,
and buying more 'shares' in any company like swvc,
[or copi, etc.]. But, if they do, they just cause
a Zero-value 'share' to be over-priced. And, we shorters
correct the price [quickly + risklessly, for a nice fee].
And, in the end, the pinky and/or penny goes to Zero
anyway. And, the quicker it does, the fewer dollars are
lost by long investors. But, our motive is Not to save
any longs, although it is a major unintended benefit,
to them, and not to us.
extra, Sincerely
Some of us profit, as the Real Facts about swvc,,,
are slowly exposed. It's a typical toxic dilution
nightmare, wrapped under a few rented storefronts.
And, the best insurance for us shorters, are the
5x-Super-Toxic "Preferreds" , that the CEO voted
for himself [only], and now, he permanently owns
80% of all swvc votes + assets. No matter how much
dilution floats in. Every time a new share arrives,
he gets 4 more, for free. Very sweet deal. Who knows
if it's legal, but other pinks are trying it [like copi].
And, if he wants a bigger cut, he can just vote
for more, all by himself, any day, or overnight.
swvc is already sub-penny, and headed for a reversi.
And, if swvc is ever sold-off, to some other pinky,
the CEO gets 80%, and all the commoners split up the
remaining 20%. Unless, he 'votes' to increase his 'cut'
to 99%, before he 'sells' swvc.
Please tell us if we are incorrect.
And, we'll find some new 'advisors' .
extra, Sincerely
copi is NOT PROFITABLE , but, we will save this,,,
" - Balance sheet restructured... "
[Another penny/pinky classic.]
What did copi do ?
Multiply its bottom line losses by Minus 1 ?
The IRS usually does not like that.
And, no Real Accountant will ever sign such nonsense.
And, even copi's CEO says that they can't possibly
be 'profitable' until after July 1, 2008 .
Which won't even be reported until late November,
at the earliest, or later, or maybe never.
We shorters love the "DD" that is made up by copi-fans.
No wonder why copi bounces so high, and low, and often,
and very quickly. Perfect for shorters + flippers,
and day-traders + MM's + Brokers.
Thanks Again.
cargo; Great Article. Thanks. It seems to like us shorters...
It also explains how pump&dumps work, like copi's.
But, since it was a short article, it did not mention
the Fact that Only Pumpers ever get prosecuted, and
several have lost, and have been disgorged, and worse.
And, they earned it
And, even the article says :
" Short selling is the practice of selling borrowed stock in
the hopes that the stock price will soon fall, allowing the
short seller to buy it back for a profit. The SEC has made it
a LEGAL activity for several GOOD reasons. First, it provides
the markets with MORE information. Shorters (traders who
practice selling short for a living) often complete EXTENSIVE
and LEGITIMATE DUE DILIGENCE to try and discover FACTS and
FLAWS that support their suspicion that THE TARGET COMPANY
IS OVERVALUED. Because most shorters are SCRUPULOUS and
ETHICAL, their actions are CONDUCIVE to the HEALTH of the
MARKET. Finally, short selling also provides investors who
own the stock (have "long" positions) the ability to generate
some EXTRA income by lending their shares to the shorts. "
Thanks Again,
extra, Sincerely
[We always knew we were helpful, and do a great job.]
[That's probably why the longs pay us so much, and often.]
P.S. ;
Also, the short article was actually discussing shorting
of Real stocks. The value of Real Facts exposed + posted
by shorters of pinks + pennys is even more useful, since,
as seen with copi, the pink + penny longs hardly ever
mention the gross weaknesses of their favorite risky
pinkys and/or pennys. And, no Real stock market analysts
ever cover them, except when they go BK. Or their schemes
are exposed, [often by shorters]. Or, their pumpers and/or
'officers' show up in court [like sljb, tmmi, paim, etc.].
We don't think that will happen to copi, because they don't
over-hype themselves, and hardly ever issue PR's. [Which
probably explains why copi does Not issue PR's.] But, that
does not stop the copi-fans.
P.P.S. ;
Class-Action suits against pinkys + pennys never work out
for the defrauded investors. Because all pinkys + pennys
are always BK, even if they were not forced to File, yet.
copi is NOT profitable now, according to its own CEO,,,
who even publicly Filed, that copi can't possibly even
hope to be profitable before July 1, 2008.
We shorters view that admission as way overly-optimistic.
But, we love excessive optimism. It makes for bigger, and
faster bounces. Which increases profits + reduces risks,
for shorters + flippers + day-traders + MM's + Brokers.
Why do those copi-fans keep doing that, unless,
they are also flippers + day-traders, at least,
and possibly even shorters. We know that are short
trades are being trailed, so there is at least one
other. But, we're not sure that they post anywhere.
Most don't. But we do. Because, it helps copi correct
back down, faster, when it bounces up way too high.
extra, Sincerely
We expect .035 by noon, or sooner...
Then the copi shorters will be back,
and drive copi down to .025 by Monday or Tuesday.
Then another weak volume bounce, like yesterday,
because the over-invested longs are out of cash.
Then, another round of shorting, into the high .01s
Once copi is back in the .01s , its stuck,
except for drifting down ~10% per month,
like the average money-losing, diluting, pinky + penny.
When/if the 10-K is posted, we expect it to show
copi's biggest loss ever, IF, it is actually signed
by an Independent Auditor.
Then copi goes sub-penny, and tries to find more toxies,
as it keeps burning cash, that it does not have, and
keeps losing, every quarter.
This is just our prediction, after doing our DD,
and comparing it to the average penny/pinky.
copi is much worse than average, in 5 big ways :
1] The 8x-Super-Toxic "Preferreds" , that control all voting.
2] The excessive/repetitive/hope-base optimism of copi-fans.
3] Continuing massive dilution because no profit is even
possible for many moons, as even admitted by the CEO.
4] A gagged TA, who can't say what the 'Fully Diluted' is.
5] The lack of PR's, even though copi pays for outside IR.
[Why do they waste cash for an outside IR that does nothing?]
extra, Sincerely
and, we'll be back, shortly, and frequently,
until copi quits bouncing, and settles back down,
into the .01s , where copi was, ~2 months ago,
before copi's massive toxic dilution was explained.
The only secrets about copi,,,
are what they refuse to tell outside shareholders.
They know the float every day. And,
they know the bottom-line loss as of 31dec2007.
And, they are paying an outside IR guy, to release NO PR's.
Regarding : 'revealing all' of our secrets. We always do.
The more that is Factually known about copi, and its
traders, and their biases, and actions, and exaggerations,
and repetitions, THE FASTER COPI RETURNS TO ITS TRUE VALUE.
In our opinion, that price is the pre-pump price of 0.01 ,
and dropping, 90% per year. No one should fear the truth.
Those who hide from it, cannot change it. But, they are
certainly asking to learn it too late, the hard way.
copi will be back at, or below, 0.01 by July,
and will never see 0.10 again, until after the Reverse-Split.
copi already has a 'Fully Diluted' of near 2 Billion.
When copi is about to go over 2 Billion, they will raise
the 'Authorized' again. To at least 4 Billion. And then,
the coming Reverse-Split will be obvious to all, who care
to see the truth, and act fastest.
A few Facts about shorting copi...
1] Shorts are not even ever reported, if they are covered
within 3 days, which works great for pinky + penny bouncers,
which copi has proven itself to be.
2] When pink + penny longs start blaming shorters [and
especially NSS], for the lack of any Real good Factual +
Officially Filed news from copi, the crash is near. Also,
PR's from copi, or their paid IR guys, are not Facts. Nor,
the repetition + exaggeration + hopes + guesses of copi-fans.
3] Shorts hardly ever get margin calls on pinkys + pennys.
Because we must provide at least 10x collateral. So, we
just wait, if necessary, as almost all pinks + pennys lose
90% per year. Meanwhile, the 10x collateral is always safely
invested in Real stocks + bonds, that creep up 4-8% every
year, on average, while we wait for the next copi bounce.
4] The professional shorters + Hedge Funds prefer faster
action, with minimum risk. So, we short Only After at least
a 2x pink/penny pump peaks, and then drops 20%. They always
peak + pull back, while we wait, risklessly. copi is much
better than average. It recently had a newsless 10x pump.
So, it's sure to provide a much faster + larger + riskless
profit, for post-pump professional copi shorters.
5] Almost all retail + Hedge Fund shorting of pinks + pennys
is off-shore. We prefer the Caribbean. Canada is too cold,
and Germany is not too friendly.
Our guess is that it is too difficult to short pinks + pennys
in the U.S. , because of Lobbyists. And, we don't mind.
Otherwise, too many Americans would be shorting pinks/pennys,
and the easy 90% profit per year would shrink down to the
normal free-market profit of ~6% per year.
It is really hard to believe that most copi longs still think
that they can't short pinks + pennys. 2-5% of all world
trades, every day, are shorts. And, everyone knows that
Hedge Funds specialize in shorting Billion$ every day. And,
we know where they do it. So, we work/vacation there, often.
Most of us have beach-front 'offices' there. And, we love the
low prices, great food, and the etc's that are not illegal,
and/or over-regulated, as they are in the U.S.
Finally, regarding the copi-fan 'analysis' , that shorters
were recently wiped out, 100 times, every time that copi
bounced up 100% -- well, it's partially correct. The copi
bounces certainly did attract us shorters, who love the
fast + constant copi bounces. Especially since the 'trend'
is down, 90% per year, thanks to massive dilution, and no
good Filings, and, best of all, those 8x-Super-Toxies.
extra, Sincerely, + GLTA
P.S.; Looks like copi is shooting for the .036 trigger.
The last hour today, and early tomorrow morning could be ...
predictable, as expected.
We covered in the mid .03s , just as planned...
But, just a lot earlier than planned. copi is nice that way.
We think that some others are trailing out shorts.
But, they are surely all covered by now.
Probably waiting for us to re-short copi at .036
If so, look for the next crash at .035 , down to .025
If it starts at eod today, it will be done by noon tomorrow.
Then, the weaker copi longs who sell on the way down,
will have a little new cash, to buy on the way
back up to ~.035 , on the next quarter-cat-bounce.
These bounces will continue for a few weeks, until copi
is back down below 0.010 , where the first of 2 big pumps
started. It can't miss, because the Real Facts about copi's
massive + ongoing dilution are now out. And, the 10-K will
show another big loss. copi already said that even they
themselves can't possibly show any profit before July,
which won't be reportable until November.
That's way too long for pink + penny longs to wait, and
battle day-traders + flippers + MM's + shorters, and a
constant continuing flow of massive dilution, and very
disappointing news. Especially when compared to what the
copi-fans keep posting.
extra, GLTA
We also expected .05 , but the volume is gone...
If .045 is all that copi can do on this bounce,
then our trigger is .036 , with freefall to .024
If copi sneaks up to .050 , the trigger moves to .040
But, that will require much more + fast support,
with posts + especially much more $ buys, at the ask, ASAP.
Longs did pretty good today. We thought it would happen
tomorrow. Usually the longs get new cash on Friday. But,
sometimes, when they are over-anxious, they write checks
on Thursday, that they hope won't clear until Friday,
after the automatic paycheck deposit hits.
At this point, it looks like the longs are already out of
new cash. A perfect time for the M&M's to start snacking.
eod today should be interesting. If the next copi crash
does not start today, we see a 90% chance for an even
quicker + deeper drop on Friday, starting at the open.
extra, GLTA
Hedge-Fund + Caribbean Shorts are never 'wiped-out' ,,,
or even ever get a 'margin call' , especially with
ASAP crashers like copi, and our 7 other 'advised'.
As long as our other 'real stock' and 'cash-equivalent'
assets are 10x the always-temporary 'paper-losses' in our
shorted pennys + pinkys, like copi. At least with our 'deal' ,
which is ~standard, but a little better than 'average'.
No shorters of copi [that we know of, and we know most],
ever had the slightest problem shorting the copi crash.
And, they are all currently winning from copi. Big-Time.
They all shorted the recent, newsless + Factless pump.
It's not rocket science. It's blatantly obvious, to some.
Although, most are now covered + waiting, like us,
for the current copi 'half-dead-cat-bounce' to play out,
as the oldest + pumpest copi longs play out of new cash.