is...2 busy vacationing full-time 2 (put something here)
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Even copi's own execs have quit predicting ,,,
when or if copi would ever become profitable ,
or even 'cash flow neutral'.
At least a year ago , they used to pretend that
they were getting closer to 'cash flow neutral'.
But , they had to quit pretending , when they
had to start borrowing cash , at 30+% Interest ,
to cover their constant cash burning.
And, in 2009 , copi Must Pay Back All Of Those
Very Short-Term Loans. [That's why short-term shorters
keep watching copi. And return , every time it 'doubles'.
And cover when it hits a new post-pump low.]
extra , Sincerely . [And, thanks to the copi fans ,
who just keep averaging-down , while the shorters
keep 'doubling-down'.]
Looks like 2+ More Years of Losses , Guaranteed ...
According to This 'News' [bad as usual] that
was dredged up by the pumpers :
" ... The outcome will be a working 3D projector prototype suitable for development into a final product. Award: $299,932 for two years. "
So ; Maybe a "PROTOTYPE" , in Maybe 2 more YEARS.
[Of course , 3d WON'T OWN IT. Because they are getting
paid to MAKE IT FOR SOMEONE ELSE.]
Anyway, It's only supposed to be "SUITABLE FOR DEVELOPMENT
INTO A FINAL PRODUCT".
But, 3d has already been pretending to do Exactly That ,
for the last 10 years. So, looks like another 10 years ,
at least , before any 3d 'product' , that might be sold.
extra , Sincerely .
P.S. ; Got any more 'news' , that's Not 10 years old ?
sw has Never 'reserved' enough Authorized 'shares' ,,,
to even nearly cover the Already Issued Convertibles ,
NOT EVEN COUNTING THE EXTRA 4X UNDILUTABLES ,
which are ALL OWNED by the CEO ,
so that he ALWAYS OWNS 80% of sw-whatever.
[By the way, we believe that this gross deficiency of
Authorized 'shares' is a violation of SEC Rules ; And ,
a violation of the 'Terms' of All CD 'Agreements' ; Except ,
maybe , for the CEO's own 'Agreement' with Himself , for
his Never-Dilutable 80% Mega-Share.]
Anyway , the CEO apparently tried to 'fix the problem' ,
with the last R/S [1-for-5] Combined with the 4X Increase
in Authorized Common 'shares' [from 2.5 Billion , up to
the current 10 Billion]. The Combination of RS + AS
Effectively Increased the Authorized by 20X [= 5X x 4X].
Which was barely enough , [NOT counting ANY of his own
personal UNdilutables] , to ~"cover" JUST THE PREVIOUSLY
ISSUED CONVERTIBLES , AT THE TIME + PRICE OF THE REVERSE
SPLIT [~2 months ago , which was 0.0004 x 5 = $0.0020].
BUT , since then , MANY MORE Convertibles Were Issued ;
AND , The PRICE CRASHED ANOTHER 95% ; AND , ALL sw-whatever
CONVERTIBLES ARE ALWAYS FLOORLESS [and Always Were] ; SO, The
Authorized common 'shares' MUST NOW BE INCREASED BY AT LEAST
20X [up to 200 Billion] , JUST TO ~"cover" THE Post-Reverse
95% PRICE CRASH.
AND , the Authorized MUST BE WAY OVER 1 TRILLION ,
to ~'legally' [?] "cover" the Newer [+ always continuing]
'Restructuring' Convertibles ; And , the plan-man's
NEVER-DILUTABLE 80% MEGA-'SHARE'-LOAD . [Actually , as of now,
it's a Mega-Mega-Share-Load , = 1 Trillion common plan-men.]
extra , Sincerely .
P.S. ; So , [IOO] ; THERE [probably] IS NO ESCROW , AND
NEVER WAS , AND NEVER WILL BE. But, if there is an 'Escrow' ,
IT CAN'T POSSIBLY BE HOLDING EVEN 5% OF ITS ABSOLUTE MINIMUM
REQUIREMENTS , as required [probably] by SEC Rules ; AND ,
PROMISED [DEFINITELY] IN THE SEC FILING , that lb keeps
'quoting' + believing ; because the plan-man said so , and
also said many other planned things.
O.K. ; That's enough distracting FACTS. Let's All Just Get
Along , and back to believing the plan-man , and buying-up
those conversions , before they go 'no-bid' , and prevent
any more gambling + averaging down.
At the current post-reverse average of $5,000 per trading day,
it will only take about 10 more years for 'significant
dilution' to ~end ; Assuming that No More Convertibles Are
Ever Sold , or given away to friends ; and , no more 'Bonus'
shares are 'awarded' ; And , the CEO Forgets To Ever Convert
Any Of His Own Personal Mega-Mega-80%-Super-Slice ; And ,
he never gives or trades Any of them away.
Let's Roll. Starting in less than 2 hours. GLTA
[However , shorters should wait for a pump above $0.0001 ,
or the next Reverse Split , which can't be before late March ,
according to the 6-month waiting rule.]
Note; It seems like Wells-Fargo is waiting until after the
Christmas Rush to foreclose. Probably because their inventory
can be sold at higher prices now. And at 90% off during
the liquidation sale.]
Can anyone Verify that wnbd common shareholders ,,,
have any 'ownership' of any wnbd 'revenues' , or profits ,
if there ever are any ?
We see a few 'problems' .
All related to the wnbd 'strategy' ,
of staying pink , and Not Reporting Any Key Facts.
Here's the Big Three :
1] wnbd has 5 Billion Authorized 'shares' ; but ,
less than 1 Billion UNofficially 'reported' as floating.
So, who 'owns' [of has 'reserved'] the other 80+% ,
including All Of Those 'Votes' ?
2] wnbd has admitted to being a 'Group' , consisting of
Three separate 'entities'. Which one is 'shared' with any
of the common 'wnbd shareholders' ?
3] The other 2 'entities' are 'Privately Held' , [IOO] .
And, they get paid First , [IOO] . Because , they are
'The Factory' + 'The Distributor' . And , the 'Private'
entities Must Be Paid First , to stay 'in business' ,
since they can't print new Public 'shares' .
extra , Sincerely .
P.S. ; Some of these Facts really should be researched ,
and posted in the iBox , for longs to 'review' . They
really should 'care' . But , shorters don't really care
that much about 'secret info' . They just assume that the
price trend 'reflects' the Facts.
100% Agree with the great advice...
Quote:
"HIT THE BID! You can sell all at .004 and
deduct the losses on your taxes... How nice is that?"
Can't argue with that.
So far , copi is already Down 95% this year .
Most longs are sitting on Huge Potential IRS Refunds ,
but only if they cash out of their Huge Losses ,
before the end of this month.
We expect the tax-loss sellers to start this week ,
and continue to accelerate through Dec. 31 , 2008.
Especially if they are quick enough to qualify for
a short-term tax-loss ; which is worth 25-35% CASH ,
paid back from the IRS. That's more than 5 Times
the current 'value' of copi.
If they let their losses go long-term, they are only
worth a 15% cash give-back. That's like throwing away
half of their IRS refund.
extra , Sincerely .
P.S. ; Just check with your own accountants. They usually
recommend dumping of massive short-term losses , starting
right after Thanksgiving. Usually, by the last half of
December , the massive losers , that are already down ,
more than 50% this year , will be down another 50%.
P.P.S. ; If the daily volume doubles from the recent average,
that's a confirmation of tax-loss selling. [We've already
placed our sell-orders , trying to beat the other shorters.]
wnbd is already Down 90% this year, so far...
We expect the tax-loss sellers to start this week ,
and continue to accelerate through Dec. 31 , 2008.
Especially if they are quick enough to qualify for
a short-term tax-loss ; which is worth 25-35% CASH ,
paid back from the IRS. That's more than 5 Times
the current 'value' of wnbd.
If they let their losses go long-term, they are only
worth a 15% cash give-back. That's like throwing away
half of your IRS refund.
extra , Sincerely .
P.S. ; Just check with your own accountants. They usually
recommend dumping of massive short-term losers , starting
right after Thanksgiving. Usually, by the last half of
December , the massive losers , that are already down ,
more than 50% this year , will be down another 50%.
P.P.S. ; If the daily volume doubles from the recent average,
that's a confirmation of tax-loss selling. [We've already
placed our sell-orders , trying to beat the other shorters.]
commoners will never be able to sell at $0.0002 [IOO]...
Most can't even sell at $0.0001 ; but ,
they can buy 8 Billion more , at $0.0002 , anytime ;
and , they can even pretend to be buying at $0.0001 .
And , nothing will change , until March , when sw-whatever
is allowed to try another Reverse-Split ; assuming that
they can evade BK for that long.
Then , the longs will be locked in again , for at least
2 weeks , again [totally legally , as always] ; while the
Trillions of converting 'shares' re-flood in , competing
Only with the short-term day-trading shorters , again.
No matter what the Reverse is [if there is another] next time ,
the new 'price' will crash ~50% within days , and ~90% within
weeks , straight back down to $0.0001 .
The sw-whatever Death-Spiral Warrant was signed , months ago ,
and is irrevocable , and unpardonable. The only question is ,
how much more new cash will be tossed into the Seaway swamp ,
by averaging-downers ; to be 'shared' Immediately , by
TS + Family + Friends [~70%] , and Brokers + MMs [~10%] ,
and The Shorters [~20%] .
extra , Sincerely .
And Thanks [for] Giving , Happily .
The confusion regarding the copi Non-Contract ,,,
is insignificant ; compared to the pretending that
the copi ~87% Convertible Preferreds don't count ;
even though they are Reported to the SEC , by copi.
And, the constant predicting of when copi might ever
make a profit , even though even copi quit predicting
that they would ever even be 'cash-flow-neutral' .
extra , Sincerely .
P.S. ; But, most important to shorters, is the 'trend' ,
that is reconfirmed with every copi Quarterly Report to
the SEC , that the 'Revenue per Call-Count' keeps dropping ,
as observed by Intel , [30+ years ago] , and so consistent ,
that it was named "Moore's Law". And, it only related to
the Retail Selling Price of Fully Computerized Hardware +/or
Software 'Services'. But, in copi's case , there are 2 extra
layers of ~fixed labor costs , that multiply the decrease in
copi cash-flow per call-count. First, by VeriSign , and then
by the copi burden. And, when VeriSign signs a Contract with
any 'distributor' , there is even another 'multiplier' of
the decrease in cash-flow to copi , per call-count. And,
all of this in the face of a Multi-Year World-Wide Recession ,
[or worse] ; while copi must pay back those 30+% Interest
Loans , next year. And, all of the execs 'Preferreds' are
already pledged as collateral. 2009 will be have to be much
more 'creative' for copi. Shorters expect massive dilution
of the commons ; but, we could be wrong. We thought that we
were once wrong in the past ; but, we were misteaken.
GLTA + HAPPY THANKSGIVING + etc.
Others don't agree that '25 cents is a great deal' ...
Most pay ~$5 for ~40 loads of 'home laundry' soap ,
which is Half The Price of wnbd soap. [Which matters ,
in a World-Wide Recession/Depression , that may last
for many years.]
And, they can buy it ~everywhere , and it's made by P&G ,
which has Never been a pinky. [Which matters , if the
customer is Not satisfied. Which matters , if the home
laundry comes out smelling like wnbd bananas , and has to
be re-washed. Thus, wasting hot water + time + wearing out
home washing machines.]
The latest wnbd PR , about selling wnbd to a Dry-Cleaner ,
North of Toronto , seems to have back-fired. It's all over
the internet. [and funny, especially the part about monkeys]
Anyway, Good Luck.
extra , Sincerely.
According to The SEC Rules ,,,
IF copi Ever makes a Profit , it MUST Report 'Earnings' as
FULLY DILUTED EARNINGS PER SHARE , counting ALL Possible
Conversions from Preferreds and CDs to commons.
But, while copi keeps Losing money, it MUST Report Losses
as LOSSES PER OUTSTANDING COMMON SHARE , NOT COUNTING ANY
UNconverted Preferreds or CDs ; because that would make the
losses per share appear to be smaller than they actually are.
[The SEC calls that 'anti-dilutive' .]
This is well known to Investors who buy shares in companies
that usually make a Profit. But often a surprise to those
who only buy shares in companies that Never make a profit.
So, cargo, we agree with your interpretation,
[that Only the Trading Float counts] , Assuming that copi
will Never Actually Report a Profit , in Any Future Quarter.
extra , Sincerely .
P.S. ; A few Quarters ago , copi used to predict when they
Might become 'cash-flow neutral' [which means , Not-quite
profitable] , but they quit doing even that. Probably [IOO]
because copi had to keep changing [=extending] the Targeted
Quarter , which was not useful for inspiring optimism in
current + potential 'investors' in copi. Or, maybe, the SEC
told copi to quit overly-optimistic projections , if they
could not be fully supported by current Facts + trends. But,
we're just guessing about those Facts ; but not guessing
about the current + recent copi trends.
Exactly. The 'replaced' CD was Not due, for years...
And, 'conversion' is now almost useless , because swyv
is ~'No-Bid' , and can't even Reverse-Split for 4 months.
And, Trillions of new shares are already waiting on line
to try to convert into the float.
So, it was smart for the CD-holder to 'trade-in' for a
non-convertible loan , that Must have its Principal paid
down 25% per year [while also collecting 8% Interest].
Since it is Not convertible , it moves ahead of All of the
remaining convertibles , as far as its 'priority' for
demanding Cash Payments , ON TIME , of Interest + Principal ,
When Due. If swyv is late , the loan-holder can force swyv
into BK , and get 100% Paid-Off [by the BK Judge] , Before
ANY Other swyv Lender , except Wells-Fargo [who has claims
on All Inventory as collateral , and , better lawyers].
The only question is , who traded in their CD ? Actually ,
it was part of a CD , because there was No Previously
Existing CD for exactly $400,000.
Was it a Family-Guy [including TS] , to get paid first ?
Or a Friendly-Guy [with kickbacks to TS] ?
Or a Cornelli-type guy [with 'the Powers of persuasion'] ?
Or, did it even actually happen , Including All Signatures.
After all , we have not seen any SEC Filing confirming it.
extra , Sincerely .
P.S. ; Anyway, it's almost irrelevant to Any common 'share'
holder. They are All still ~guaranteed to get $zero before
and after sw-whatever goes BK. However, as noted above ,
it could be the first cause of the sw BK , and make it
start a little sooner than 'planned'.
Looks like wnbd fans are attracting attention ,,,
in places that they can't ever control.
It's nice to see the hidden side of the wnbd coin ,
for a change.
extra , Good .
gail; Classy PM. +Thanks...
Better than I could ever do , in the past.
But, it worked , on me. So, maybe I'll add it to my quiver.
Most Sincerely , extra.
P.S. ; As a first feeble attempt. Let me add to my
previous post. If you're having fun , for 100 hours ,
it does Not matter at all , if you win or lose $100.
Best of luck to you + yours. Seriously.
Just don't bet more than $1 per hour on pinkys.
Excellent idea...
We are all always looking for new shells.
Especially those involving beer + real estate + restaurants,
that are started by famous experts in the fine points
of creative financing + asset acquisitions.
And, we've all learned so much from Tom + Friends.
Especially Mav + you + me. It should be easy to avoid
overlooking anything important , and never have to
Reverse-Split , even to fix the significant dilution ,
after it ended , many months earlier.
Please keep trying to convince Mav to let us help.
We could probably even dig up an old slightly-used shell
from TS and/or KK , early next year , when they're done ,
and moved on .
extra , Sincerely . [See y'all shortly.]
It's pretty hard to sell ,,,
Always-Money-Losing 'businesses' , that are
6x Underwater in Toxic Debt , and ALL
located in a Permanently Depressed Mini-Region of the US ,
at the Start of a Multi-Year + World-Wide Recession ,
or worse.
However , it was [now] apparently ALWAYS part of the 'plan' .
And now that the common shares are ~No-Bid at $0.0001 ; and
UNdumpable , except for a few $1000 per trading day ; with
$12 Million more in Floorless Convertibles Already Waiting ;
and 4 more months before the next Reverse-Split is even
possible , [assuming no BK or Wells Fargo Foreclosure] ,
since ONLY 1 Reverse-Split is Allowed Within 6 months] ;
It is now time for Phase #2 of the 'plan' .
Phase #1 was done , after All Friends+Family ~BK 'businesses'
were 'acquired' [probably illegally] inflated 'prices' ,
especially considering the Toxic Debt that they dredged into
Seaway's already-underwater swamp. Now, All cash is gone ,
and exec salaries + bonuses Must Be Paid , Before Dec. 31 .
So, it's time for Phase #2 = Liquidation of Anything that
could bring in Any cash , to pay those exec planners ,
before it's too late. In a BK , a Real Judge will decide
who is approved to buy anything ; and how much they must pay.
But, Before BK, the plan-man can set the prices , and sell
Way-Under-Priced swyv stuff to whoever he still likes ,
including his same-old Friends , or Family , or himself.
Then, Drain off All New Cash [if any] , to pay those
Almost-Too-Late exec salaries + bonuses.
When Phase #2 is complete , swyv will be right back where it
started last year. A not-quite-empty shell , with no Assets ,
but loads of Floorless Toxic Debts.
Except, the Debts will be $12+ Million [instead of $500,000] ,
and All $40 Million of Only-Common-shareholder-Cash will have
been re-distributed , according to the plan-man's plan. And,
the 'spin-offs' will be All Privately Owned, and profitable,
after being 'purchased' at liquidation 'prices' ; And with
none of that 'over-looked' + intrinsinking debt.
Seems like the plan-man really is a genius ; and even learns
from his ~legally-justifiable-overlooked mistakes ; and even
fixes All problems ; and keeps the 600+ No.Country employees
on-the-job.
extra , Sincerely .
P.S. ; Don't expect Any No.Country Judge to Over-Rule Any
'plan' that keeps those 600+ employees working. However ,
for those averaging-downers who still have more cash ; we
expect that most of those 'Private' spin-offs , will morph
into Public Pinkys , probably. With no need to waste cash
by reporting to the SEC separately , on each of them. Just
another lesson learned by the genius plan-man , who won't
make the same mistake twice ; unlike his newer unvesters.
P.P.S. ; The best part of 'the plan' was that ONLY 1-for-5
Reverse-Split. We never saw such a mini-Reversi. But, now
it's purpose is obvious. NO MORE REVERSE-SPLITS ARE EVEN
POSSIBLE , FOR 4 MONTHS , AS swyv SINKS INTO BK. So, All
Insiders + Converters MUST AGREE To Privately Spin-Off All
swyv stuff [except the Toxic Debts] , at liquidation prices.
Insiders get everything of any cash value. And, common
shareholders get everything of negative value ; = All
$12 Million of left-over + Floorless Toxies ; and a tax-loss
of ~$40 Million [which actually has some cash value , now ,
but was not worth the cash loss , except for those who learn
from the exciting experience , and/or enjoyed meeting new
friends for a year].
By the way , those ~$12 Million 'worth' of Floorlessly
waiting Toxic Convertibles , will take 2,400 Trading Days
to convert+dump , at the current rate of ~$5,000 per day.
That's only about 10 More Years. Pretty good , for only
about 1 year of planning + working + travelling + hiding.
But, we could be All Wrong ; if those secret Bio-Hazard
and/or Escrow 'Theories' pan out of , and/or China Money Guys
dive into , the already-6x-drained Seaway swamp. Or , 1812
grows past Coors + Bud ; or Hackers drives Wal-Mart into BK.
Anything is minimally possible. After all , the start-up US ,
beat the World-Dominating British, in the War of 1812.
gail; why is swyv = xxx ? [not eom]
It seems more perfect for your rules than anything possible.
1] It bounces between 0.0001 and 0.0002 , Every Day ,
2] With Huge daily volume , of 50+ Million shares ,
3] And , it Can't even Reverse-Split for 4 more months .
Because it just reversed ~2 months ago , which is only
allowed once , in any 6-month period .
4] And , it even files with the SEC , and has $ Millions
in Real + Verifiable 'brick+mortar' Revenues per Quarter ,
and growing , for many quarters. The only 'problems' are
that swyv's Revenue Growth is always exceeded by its growth
in expenses , and newly printed common 'shares'. [Which is
99++% normal for All pennys+pinkys.]
But, swyv could go BK , and/or 'No-Bid' , and/or just quit
trading , and/or get down-listed to pink or gray ,
overnight , just like Any 'stock' that trades at 0.0001.
[That's why they are priced as low as possible.]
By the way , your 'method' can be tested + analyzed ,
using actual historical data ; and basic 'screening' tools ,
that are available for ~free , by many large Brokerages.
Its a much faster way to find out if a 'plan' might work.
And, much less expensive, and time-wasting. And, much more
accurate than believing posters who say that they made a
profit , but 'forget' to admit to losses.
We expect that any 'method' that involves long [as opposed
to short] flipping of Any penny stock , especially pinks ,
will lose 90% per year , even if Commissions were $zero.
The Real Factual Data , from World-Wide University Research
Studies , is even available via links that are referenced
on the SEC's .gov website.
And , for those who flip only 1 Million shares , at 0.0001 ,
[for a total of $100] ; just 5 round-trips of breaking-even ,
will burn up $99.90 or more , unless the commissions are less
than $9.99 per trade.
Finally , there is the Fact that 'time is money'.
Even if somebody beats the huge odds against pennys+pinkys ,
and makes $100 per month ; it's not really worth the time ,
If it takes 100 hours per month .
extra , Sincerely .
P.S. ; But , on the bright side ; for those who Must keep
fooling with pennys+pinkys , your 'method' is useful ; in
that it slows down the rate of losing. It's almost impossible
to lose $20,000 per year by flipping shares that are only
bought at $0.0001 , even if All of the picks go to $zero.
P.P.S. ; There is 1 good way to make big bucks on 0.0001's.
Just wait for them to Reverse-Split [usually ~1-for-1000] ,
and then short-sell , ASAP + AMAP , on 'opening day'. All
Reverses Must have a new 'trading symbol' , so all of the
old longs are 'locked-out' of selling , until their old
shares are re-issued. Which usually takes ~2 weeks. During
that time , the reversed price will usually sink 50-90% ;
and even more , when the old longs finally get their newly
reversed + tradable shares , that they can then try to dump.
Not quite. wnbd was Down 15+% today ,,,
while the S&P-500 was 'only' down ~6% .
And , from their highs in 2008 ;
wnbd is now Down ~90% , while the
S&P-500 is 'only' down ~45%.
[Google + Microsoft are down even more this year : But are
~90+% sure to at least double , back to near or above their
old/recent highs for 2008 , probably within 5 years.]
That's the good news , for wnbd.
The bad news , for All pinks , is that 90+% of All of them
lose 90+% per year , Every Year , ever since pink statistics
started being collected [~25 years ago]. And, 90+% of All
pinks quit 'trading' within 3 years [usually due to BK].
In those 3 years, every $1,000 'invested' long , drops
to $100 , and to $10 , and to $1 ; so it really does not
even matter if the pink goes away , or BK. However, wnbd
has that extra 'Secret Share Structure' problem ; which is
Really The Biggest Risk for any long who buys + holds ,
and keeps averaging down.
While the average S&P-500 stock goes Up , an average of
~8% per year [since the early 1920's , Before the 1929+
Real Stock crash] ; and, the average S&P-500 Real Stock
even pays an Additional 2+% Cash Dividend , for a total
compound annual growth rate of 10+% per year , Including
All crashes + Depressions + Recessions.
This coming year , the average S&P-500 Dividend will be
Over 3% , based on today's much lower real stock prices ,
even if half of the 500 Companies reduce their Dividends.
extra , Sincerely .
P.S. ; Anyone 'investing' in wnbd , for 'safety' ,
or 'growth' , or to 'beat the S&P-500 , in any future year ,
had better be betting 'play money' , or shorting.
Especially at today's S&P-500 prices. History shows that
the S&P has a 90+% chance of 90+% 'recovering' from any
'crash' within 3 years. If so, the S&P should rise ~64% ,
within 3 years , from today's prices. That's a compound
annual growth rate of ~18% per year , for the next 3 years ;
Plus the ~3% Average Annual S&P Dividend. While pinkys
just keep losing ~90% per year , as always , in good times
or bad. [The above Facts are available as links on the SEC's
.gov website ; and the data sources were research studies ,
conducted by Top-Notch World-Wide Universities.]
"Maybe you've never been in a "big box" store before."
They are All 20+ feet tall , and are Not Allowed to have
their Emergency/Fire-Evacuation Routes clogged up by
ANYTHING , especially any pink wnbd 20" midget roll-aways.
Maybe that's why wnbd can't roll into any U.S. Big-Boxes.
Why would any U.S. super-high-tech Big-Box retailer , like
HD or WM or K-Mart/Sears , allow any foreign pinky , like
wnbd , clog their aisles , with their only-1-product roll-aways.
It's a fire/evacuation hazard , and , it wastes time when
they drive in their fork-lifts , to re-stock their real
products , that they have been buying+selling for decades
from Real U.S Non-Pinky S&P-500 Companies , that have been
PROFITABLY IN BUSINESS FOR 100+ YEARS.
P.S. ; In addition , IOO , day-trader-shorters have only
profited from wnbd , during their last year's ~90% crash.
And, expect exactly the same, this next year. Mostly,
because, NOBODY KNOWS THE wnbd SHARE STRUCTURE,
except that THERE ARE 5 BILLION AUTHORIZED COMMON SHARES ,
AND A LOAD OR TOTALLY UNDEFINED UNDILUTABLE CONVERTIBLES.
And, IF they Might Be Convertible To Commons ,
THEY 'SHOULD BE' FULLY COVERED BY 'AUTHORIZEDS' ,
except , maybe , by Non-U.S. pinkys , for 'awhile'.
extra , Sincerely .
P.S. ; Shorters love wnbd's frequent ~100% pump&dumps.
Especially the shorting day-traders. Who follow the profiles
of wnbd's longest-term fans , and their other favorites.
By the way ; All of the above is well-known , by most.
But, often ignored by those who are underwater , thanks
to their new best friends.
We agree , as often ...
But, the most interesting part of wnbd's current plan is ,
that they won't even tell if they won , or lost , any NA.
And, the longs think that 'no news is good news' .
And, it seems to be working. As more admit to buying.
extra , Sincerely .
P.S. ; IOO , the day-trader shorters are just waiting
for the current buyers to get 'all-in' . And, when they
quit buying [probably brand new wnbd 'shares'] ; we expect
that wnbd will run down quickly below its post-pump low.
P.S.S. They even expect dilution , to pay for those wnbd
roll-away carts. Real 'Big-Box' stores , like HD + WM don't
ever like them. Because they clog floor space, and don't
reach 20 feet high, and only pump 1 product, which annoys
all of their other competitive products, that have done very
well, for many years. [And, are Not 'produced' by a pinky.]
Informative 10-Q , mostly for shorters ...
IOO , totally confirms/explains why 3D is now -1D ,
and down ~90% in the last year. We expect BK within 1 more.
Here's why [as reported in the latest 10-Q] :
*********************************************
3DIcon CORPORATION
(A Development Stage Company)
BALANCE SHEETS
September 30, 2008 and December 31, 2007
September 30, 2008 (Unaudited) ; December 31, 2007 (Audited)
Assets
Current assets:
Cash $ 123,186 $ 705,519
Accounts receivable 3,500 -
Prepaid insurance 24,727 15,944
Total current assets 151,413 721,463
Property and equipment, net 28,022 11,832
Debt issue costs, net 67,046 97,249
Deposit-other 2,315 -
Total assets $ 248,796 $ 830,544
Liabilities and Stockholders' Deficiency
Current liabilities:
Current maturities of
convertible debentures payable $ 590,000 $ 700,000
Accounts payable 1,007,778 484,513
Accrued salaries 36,976 -
Accrued interest on debentures 8,845 8,854
Total current liabilities 1,643,599 1,193,367
Convertible debentures payable,
less current maturities 676,979 558,375
Total liabilities 2,320,578 1,751,742
Stockholders' deficiency:
Common stock; $.0002 par, 250,000,000 shares authorized and
145,496,328 and 127,125,232 shares issued and outstanding at
September 30, 2008 and December 31, 2007,
respectively 29,099 25,425
Additional paid-in capital 8,143,073 6,451,906
Deficit accumulated
during development stage (10,243,954 ) (7,398,529 )
Total stockholders' deficiency (2,071,782 ) (921,198 )
Total liabilities and stockholders' deficiency $ 248,796 $ 830,544
**********************************************
IOO , the 10-Q shows that 3D is ~out of cash ,
and still burning cash , faster than ever ,
thanks to the 2 new exec's salaries + bonuses.
extra , Sincerely .
P.S. ; Since 3D has no 'products' to sell , to cover their
growing expenses + losses ; they Must Dilute [faster than
ever] , or go BK , if the averaging-down does not pick up.
WOW - copi pps is Down 93% in ~10 months ,,,
since the copi commons peaked at $0.11 , just last January ,
and yesterday copi commons closed at $0.0075 . [Which, as usual,
is No Problem at all to the 87+% UNdilutable copi 'Preferreds'.]
Probably because [according to the latest 10-Q] ,
Revenues are Down , and Expenses + Quarterly Losses are Up ,
when compared to 1 year ago ; which was even before the
6 Billion [apparently Never-Paid-For] 'call counts' were
mentioned , many times , right here.
Back then , when things were supposed to be looking great ,
even the copi execs were projecting 'cash flow neutral' ,
in 2008. And, since then, there has been mostly 'good news'
reported by the copi execs. [Except for the 10-Qs.]
But, the 10-Qs always Trump the PR's , and their expansions
and interpretations by the buyers + holders of copi's.
So, copi had to borrow $300,000 , Twice , This Year ,
at 30+% Interest + 'fees' + 'warrants' + expenses ,
and even had to pledge All exec Preferreds as Collateral.
And, it All MUST BE PAID BACK in 2009. So, IOO, we see no way
that copi can borrow Any More Actual Cash ; or even pay back
their short-term loans , without resuming massive dilution.
[Which, IOO, already began, as copi just Filed with the SEC,
via their latest 10-Q.]
Which includes :
1] Printing+dumping more 'common shares' ; and/or
2] Selling more First-Priority + NEVER DILUTABLE 'PREFERREDS'
The Never-Dilutable Preferreds ALREADY Own 87+% of copi ;
Including 87+% of All copi 'assets' + Votes. So, they can
always just 'vote' for more Never-Dilutable + Convertible
Preferreds , when useful/necessary ; without even informing
any common 'share'holders , until eventually required , in
their next copi 10-Q or 10-K.
Since copi is low on cash , and burning cash faster than ever
[according to their latest 10-Q] ; IOO , we see No Possibility
of Any useful [and certainly Not Profitable] 'acquisition' .
Here's why. Why would Any Already-Profitable Company , ever
consider 'selling' to a ~10-year cash-burner , [like copi] ,
and get $zero Cash , and just copi 'stock' , that is Down
93+% in just the last ~10 months , and very near its all-time
post-pump low , and just released its ~worst 10-Q , ever ?
extra , Sincerely .
P.S. ; IOO , the day-trader shorters are expecting copi to
drop below $0.005 , very soon. And, we agree. And, we expect
that All copi common shareholders to be $zeroed out in 2009.
Probably by a VeriSign 'buy-out' , at way less than the
minimum , to pay back the 87+% 'Preferreds'. Especially if
the 2 copi execs get an ~1-year "transition/consulting" deal.
Let's see what happens. And, maybe even 'sticky-copy' this
post , just to be Always Useful + Currently Available Info ,
to any new potential copi 'investers' , or anyone else.
If not , why not ?
Interesting 10-Q , including lots of insightful info ,,,
that has never been included before. Looks like some of
the old longs , and most of the flippers read it. And, see
the Facts, that revenue is decreasing, costs are increasing,
cash is almost all gone , losses are increasing , and common
share dilution may already be ramping up , as it must, soon.
If the 10-Q is read carefully , it actually/finally reveals
total quarterly 'call-count' , and revenue per call-count ,
[gross to VeriSign + net to copi , before copi costs] ,
And , the FACT that The Retail PRICE of copi's basic
call-screening service Is Still , In FACT Dropping ;
According To Moore's Law , as expected. [Even without a
Worldwide Recession.]
Plus , as predicted , copi IS running out of cash ,
Faster than ever. There is No Way that copi can ever
'acquire' anything , except stuff that loses money
even faster than copi. Otherwise, copi would have to
get another cash loan. Which is unlikely , because the last
loan was 30+% Interest , and must be paid back in Cash ,
IN 2009 ; and, the 'execs' already had to 'pledge' all of
their Preferreds as Collateral ; leaving nothing to back-up
any additional cash loans , to 'acquire' something of any
actual value. Especially anything profitable.
The most insightful Fact in the 10-Q is that even copi
only 'values' their 'patents' at ~$20k. Which means , to us ,
that copi's old-tech patents could be easily surpassed by
just a few average programmers , in just a few months.
And , if it has not happened yet , it surely will ; if , or
whenever it might be profitable. Which It Has Never Been ;
ever since copi began , ~10 years ago.
extra , Sincerely .
P.S. ; We think that , by next month , many longs will be
hoping that copi gets back up to $0.0050 , before it goes
BK ; or gets 'bought out' at such a low price that even the
Preferreds + Converters can't be paid off. And , we all know
that All commons Must get $zero , unless All others get
100% of their Principal Back , + Interest , First. Which is
Not likely. IOO , if copi could even be sold , the Preferreds
would probably not even get 50% of their Principal Back.
And, the most likely buyer, who already runs 95% of copi's
'operations' , is currently trying to cut its own costs.
IOO , sw++ will never 'pay back' anything ,,,
to ANY Common shareholders. Or 'acquire' anything
of any positive value. Or, make it grow into any
positive value. sw++ is Down 99+% for good reasons.
Their 'plan' was always 'just the usual' for pinkys ,
[= PRs + paid promoters + pump&dump + dilute until BK].
However , the CEO was 'experienced' , so he cleverly
added a few twists , worth ~$40 Million , so far ,
ALL Paid Only By sw++ common 'share'holders , including a
few who are still [inexplicably buying +] paying .
Here's the 'plan' :
1] 'File' stuff with the SEC , to look better than the
average pinky , [until the SEC notices, which usually
never happens, Except for plan-men , who over-reach].
2] 'Own' only Brick+Mortars , with 'revenue' , to try to look
like a 'real + growing company' , [especially in No. Country,
which is a permanently depressed mini-region , where
real-looking 'assets' are much cheaper ; And, local family
politicians can 'arrange' special 're-development' gifts ,
to keep the locols 'employed' ] . It may have actually
worked for more than just 1 year ; except for the unplanned
World recession/depression + credit melt-down.
3] 'Buy' only money-losers , because they are much cheaper ,
[+ MUST accept Floorless Toxies , instead of cash ; just to
try to off-load their own Toxic Debts ].
4] Always collect excessive 'salaries' [+ bonuses + expenses]
for as long as possible , by printing+dumping new 'shares' .
But, the experienced guy went 1 step too far , and tried to
claim his [obviously UNearned] salaries , as just 'untaxable'
repayment of loans to 'acquisitions'. [IOO , that annoyed the
IRS , who woke up the SEC , + many other agencies + politicos]
That was the 'Achilles Heel' , that accelerated the obviously
inevitable sinking of Seaway.
But , the experienced plan-man even tried to add a few extra
friends+family benefits.
1] 'Overlook' all Not-At-All 'empty shell' Floorless Toxies ,
And , blame it All on the sw-lawyers , who 'forgot' to read
Any Of The 100% Standard + Toxic + Death-Spiral BOLD Print ,
which is Always In All Cornell stuff. And, then, 'forget' to
ever blame[=sue] the NEWLY-HIRED sw-paid-lawyers.
Just guess why. And, who may have 'instructed' them.
As we recall, sw++ 'hired' some new 'lawyers' ,
Right As the plan-man 'bought' the NOT-AT-ALL-EMPTY-'SHELL' ,
FROM AN 'OLD FRIEND' , THAT HE 'WORKED FOR' ,
WHO EVENTUALLY FIRED HIM 'FOR CAUSE' , AND
NOW THEY ARE NOW ALL IN COURT SUITS , Forever.
2] Meanwhile , get sw++ to 'acquire' the Scozza-Family-Owned ,
AND ~$6 MILLION debt-riddled + SHOULD-HAVE-BEEN-BK wizeguys ,
And, have new sw++ 'share'holders pay cash for the 'deal'.
3] And later , since it seemed to 'work' , try doing ~the
same thing with a new 'friend' ; who just happened to also
live in No.Country , and also 'owned' money-losers , with
massive debts , that also needed to be 'acquired'.
We can only guess the 'status' of the 'new sw acquisition' ,
that was PR'ed ~5 months ago , by the plan-man. We guess that
it must be already BK ; or so much worse , that even Cornell
sees Less Than $zero Toxic 'Value'.
extra , Sincerely .
P.S. ; We still can't figure out why Anyone keeps buying Any
sw++ common 'shares' , Including Any MM's. Especially since
it's now below $0.0001 , and essentially 'No Bid' , forever.
And, sw++ can't even try to Reverse-Split again , for at least
4 more months ; Because :
NO 'STOCK' , REAL OR PINK OR GREY OR NOT ,
CAN EVER REVERSE-SPLIT TWICE , WITHIN 6 MONTHS.
IOO , clearly [IOO] , sw is really BK already ,
and really has been, from day #1 . [Thus, we short.]
They just did not Yet get sued by WF , or
anyone else that they did not pay On Time.
Probably because , it costs more to sue ,
than anyone will ever collect from a Massively In-debt BK.
But, sw++ is still a great short , if they last
long enough to Reverse-Split again , in ~4 more months.
If/Then , we shorters will re-play. But, Only if the
old longs keep averaging-down , for 4 more months ,
and keep paying sw++ expenses + salaries , to barely
keep sw++ 'trading' , until the their next legal Reverse.
It's really just that basic. And, all Insiders know it.
Including those who try to look like 'outside' unvesturs ,
just like the other 4,000 who already unvested $40 Million.
P.S.S. ; IOO , When/If the SEC + IRS [+ others] ever collect
Any cash from the plan-man + family + friends ; Not 1 Penny
will Ever be paid to Any sw++ common 'share'holders.
Never has been ; and Never Will. It's ALL 'fines' ,
to 're-pay' the 'fund' for the Govt's sw++ 'expenses' .
[Which is currently ~$1 Trillion under the Seaway.]
"consent" from the wnbd "legal department" ,,,
is Not a problem , if the Expected PR only says :
1] We got it. or,
2] We lost it. or,
3] The NA delayed their decision until some new date.
[Probably another 3 months , as usual.]
ALL that is Maybe 'required' for the "legal department" is
that the Identity of the 'NA' Not be Disclosed. [Assuming
that the 'legal department' can over-rule the CEO of a pink.]
And , All flippers [long or short] , know exactly how this
time-delay [+ keep dumping new common shares] works.
So , if there is no report from the wnbd CEO ,
by THIS WEDNESDAY , at the Latest , we expect the Flippers
to flip OUT , Totally. They don't Ever like waiting.
Especially , beyond a published + exact-date deadline. And ,
More ESPECIALLY SINCE THIS IS THE THIRD TIME that wnbd has
played this Exact Same Game , just since last April.
[But , it always seems to attract flippers , long + short.]
Also , we find the latest 'info' about some Fix-a-House TV
show , that won't even be produced until March 2009 , to be
way more than a little 'suspect'. Especially , right before
the Big NA is Supposed to make their Big 'Decision'. Nobody
can ever possibly see that 'new episode' For ~6 MONTHS.
And then , at best , wnbd will just be included in a 'crawl'
of 100+ corntributers , that Nobody can possibly read.
To us , it looks like another good opportunity and/or set-up
for wnbd to dump new shares , to cover their constant losses.
And , since wnbd is pink , nobody ever really knows if wnbd
is [still?] massively diluting. Even if wnbd 'posts' any new ,
And TOTALLY UNVERIFIABLE new + increasing float numbers on
their web-site ; since wnbd Never Files With The SEC.
[However , that does not At All get wnbd 'off the hook' ,
because many report , when $Millions are 90+% cleaned away ,
Every Year that any pink 'survives' , by diluting, Massively.]
And , wnbd is a 'biggie' , that is heavily 'reported'.
[Just ask any of the 'info collectors' .] Because , wnbd
has caused U.S. Taxpayers to Lose ~$10 Million , in
Less than 1 year. That Does Not EVER Go Un-noticed.
And , ~everyone knows that wnbd is still burning cash.
Even the wnbd CEO admits that Cash Will Be Burned Until
The Middle Of "Phase #4" , at the very least.
And, wnbd is still in "Phase #1" , and always has been.
"Phase #4" is Years Away , at the very least [IOO] ; And it
won't even matter to any common shareholder , even if it is
accidentally 'achieved'. [For reasons explained below.]
So ; wnbd MUST Always Get More New Cash , SOMEHOW. And ,
~all pinkys get new cash the Same Exact Way. That's why
they're Deliberately Pink. And, STAY PINK. Usually Forever ,
which usually ends within 3 years , during BK. Meanwhile ,
pinkys ~always sink 90% per year , until BK. And , it's all
warned by the SEC , on their .gov web-site ; including
references to Published University Studies. [= Real pink DD.]
extra , Sincerely .
P.S. ; We still believe that the major 'unknown' about wnbd
is their 'share structure' , for 2 reasons :
1] We think that the 'Preferreds' own 80+% of all wnbd
'votes + assets' , and can 'vote' themselves up to 99+% ,
anytime they think it might be worth it . [IOO]
[wnbd has 5 Billion Authorized Common 'shares'. Why?]
2] We think that wnbd common shareholders only 'own' shares
in the non-profitable part of the 'wnbd group' ; While the
other 2 parts [Factory + Distributor] are Not Publicly
Traded , and will clean up All eventual wnbd 'profits' ,
even if wnbd out-sells P&G . Why not ? No long knows.
Except the wnbd CEO. And that explains the always secrets.
And , why else would the wnbd CEO keep All Important 'info'
a big secret , from All wnbd common shareholders ? Unless ,
they all-together 'own' less than 20% , of the only
sub-group of the 'wnbd group' , That Will Never Profit.
Certainly , a potential wnbd 'NA customer' would much prefer
that their 'possible future supplier' NOT KEEP SECRETS.
That may be why wnbd keeps Not Getting any U.S. 'NA's .
The U.S. Corporate 'NA's are All looking for 'bail-outs' .
So, They All Have A Dis-Incentive To 'Deal' With ANY
Foreign + TOTALLY NON-REPORTING PINKYS , just like wnbd.
[News Flash : Circuit City went Chapter 11 , Today.]
P.S.S. ; We shorters expect wnbd to achieve a new post-pump
low , within 1 week of Not PR'ing a 'win' of a U.S. 'NA' .
Let's see what happens , in less than 9 days from now.
However , most of the day-traders + flippers + shorters will
be all done within 2-3 trading days. And, then waiting for
the next 'possible NA' advertised date. [As will we.]
But , we all love wnbd's multi-year 'phased' plans ; That
ALL Have Absolutely NO SCHEDULES , or Trackable Metrics ;
and the ways that they fit shortly into our personal , and
continuing retirement plans.
P.S.S.S. ; We are betting on a new , wnbd , all-time ,
post-big-1-pump , low , within 10 trading days. No matter
what the wnbd CEO says , or the wnbd fans try to infer.
We just hope for more wnbd volume , in the next few days ;
to allow more $'s to drift to those who collect Real 'DD' ,
personally , and who Never inhale UNverified blog-smog.
gail; Your new method is really working good ,,,
For all of us short+cover day-traders .
What is Most Important to most serious traders is
either of the following :
1] Increased profits , per hour invested .
And / or
2] Decreased Net losses , also counting hours invested .
But ; either way , even if there is No profit or loss ;
Real Life-Time is ALWAYS Constantly Used-Up , IN REAL TIME.
Which is THE MOST MASSIVE REAL COST ; Which is NOT EVER
replaceable. [Waste not , want not.]
In addition , it is time subtracted from much more valuable
things , [like family] , for just a few bucks per hour.
Obviously , it's worth much more , to have any real job ,
for even minimum wage ; than to pump + flip totally pink ,
obviously GUARANTEED LOOSERS , that are 'trading' at 0.0001 .
They are All There For A Blatantly Obvious Pink Reason.
And All of them are just about to Reverse-Split , because
they can't dump any more newest 'shares' below $0.0001 ,
And, NONE OF THEM HAVE EVER MADE A PROFIT, + NEVER WILL.
So, They All Must go BK , right after they can't dump
any more newest 'shares' , without assistance from uNoHu.
NONE of them have Ever Made 1 penny , and Never Will.
So, they All Must Dilute , Forever , just exactly like
paim/znxt/swvc/wnbd/copi/tmmi/tdcp/wwat/etcs.
And ALL Other Pinkys , Forever.
Until they are BK , which happens when bottom-fishers
eventually quit buying at $0.0001
However , they are all great money-makers for us shorters.
But, we shorters do love this 0.0001 site ,
especially the multiple + frequent new picks + shuffles.
We watch them all. And any one that accidentally pumps ,
immediately becomes one of favorites , for a short time ,
right back down to 0.0001.
extra , Most Sincerely . [And, continued thanks, as always.]
P.S. ; All pinks lose ~90% per year , until BK. Until then ,
they keep dumping new 'shares' . Their CEO usually collects
about 75% , FOR NOTHING. The other 25% goes Directly to MM's ,
and Brokers , and short-term , day-trader shorters. [Thanks+].
$550 znxt's traded all day ; but , cleverly ...
Probably just cost $200 , with swaps between 2 Insiders.
Just 1 over-ask buy , then re-sell to the other over-asker ,
and re-sell back to the original over-asker.
Result = zntz 'Apparently' Up 354+% ;
for just ~$200 + 5 commissions.
What a great/cheap show.
Let's see if it attracts any znewbeez.
extra , Sincerely . [While LOAO]
P.S. ; The Princess + Her Pea swapper forgot to completely
sweep up before eod closing , and remove the trash evidence.
[Note: The bid/ask still closed at $0.022/0.040 ]
So, they'll have to re-play their back-flip trick tomorrow .
Otherwise, znxt is right back Down to ~$0.022 , and Down ~78% ;
for a whole week-end of bad PR ; UNLESS , no Outsider tries
to play tomorrow. We bet that somebody slaps the ask at $0.04 ,
for ~100 'shares' , just for fun.
DD for wnbd pps = $0.0009 by May 2009 ...
It's all expected + predicted by the steady pps downtrend :
~$0.0400 pps at the wnbd pump peak in Feb 2008
~$0.0040 ~now , in Nov 2008 {ignoring $0.0025 last month}
That's Down 90% in 9 months.
So, in another 9 months, we expect the 90% downtrend
to just keep continuing , steadily ; except , maybe ,
for the usual ~monthly temporary bumps , due to CEO comm.
Thus : We expect [and bet on] $0.0004 by August , 2009
And, by mathematically + geometrically interpolating ;
we get to $0.0009 by sometime in May , 2009 ; which should
be the first + biggest taste of the triple decker ,
followed by continued melt-down.
And, All of the above is Unchangeable Historical Fact ,
And, Fully Reported in Near-Real-Time. Unlike all of the
guesses about wnbd's sales + cash-burning + share structure.
Further; 90+% of All pinks sink 90+% per year anyway ,
according to 20+ years of Published University Studies ,
some of which are even referenced in the SEC's website.
extra , Sincerely .
P.S. ; Shorters never "buy now and short the stock to triple
zero's" later. They Sell-Short FIRST , and Buy-Back LATER ,
when they May (2009) 'cover' at triple zero's .
We would like to see Any Factual DD to back up any other pps
targets ; Not Counting Hopes + Assumptions that the wnbd CEO
hides All Fully Reportable + MOST IMPORTANT Facts , relating
to wnbd Share Structure + Cash-Burning ; for some much more
Important Reason. [ Actually, we think that there really are
several more important reasons. All benefitting the wnbd CEO
Only [+ All Other Insider Preferred Shareholders , if any ] ].
For example ; Can anyone prove , with Factual DD , that All
of the wnbd common shareholders , Combined , even 'own' 50%
of wnbd's assets. They certainly Don't own 50% of wnbd's
Votes , Because they never get to vote on anything.
We guess [IOO] that they own less than 20% right now [until
further 'voted' down] , because there are 5 Billion common
shares already Authorized , but way less than 20% of them
are now actually owned by Outside common shareholders.
Also ; "The wnbd Group" has at least 3 sub-groups. We think
that the 'wnbd common shareholders' may only 'own' a small
share of only 1 sub-group ; which Does Not include any of
'The Factory' or 'The Distributor' ; And, they are probably
Not Public Companies , so they Must Make A Profit , just to
stay 'in business' [because they can't sell common shares].
So, All losses Must/Probably be 'transferred' to the 'exec'
sub-group , which Can publicly sell common shares , as
required , to cover the actual cash-burning of All Three
sub-groups. [It's legal , and easy , even for low-paid
lawyers + accountants , no-matter which sub-group pays them.]
sw can't R/S again until 6 months after the last R/S...
So, the Converters just have to keep trying to dump ASAP
at $0.0001 , until the MM's go away , and sw goes No-Bid.
But, there is some hope.
About 4,000 longs already lost ~$40,000,000 ; = $10,000 each.
And, the Converters 'only' need ~$12,000,000 to be paid off.
That's only ~$3,000 more , for each of the original 4,000
longs. We know that it's possible. And, some are even still
trying. Let's get that old long team back to averaging-down.
If they can do it , before sw has to file for BK , sw will
be able to Re-Reverse on ~23 March 2009 ; And if they 'plan'
for a 1-for-10,000 ; they could re-start trading at ~$1 , and
then immediately try to uplift to a higher exchange, maybe.
extra , Sincerely .
P.S. ; IOO , it's the best [+ only] chance for sw ,
and all of its 4,000 old longs , [ and flippers ,
and shorters , and Converters , and Preferreds ,
and the plan man + family + friends ] , + any new guys.
The next swyv 10-Q will probably 'report' ~$20+ Million in
'assets' ; certainly it should be worth another ~$12+ Million
in averaging-down to save those officially-reported assets.
We love companies with bricks + mortars + sales + employees ,
and assets , that always report officially + accurately ,
and on-time , to the SEC. It tends to keep them honest ,
especially when everything they own is anchored in the U.S.A.
Including most of the personally owned assets of All of the
Insiders + execs + fiduciaries. And friends + families that
provided the intrinsunk 'acquisitions' ; and the politicians
who earmarked the start-up 'grants + loans' .
We have noticed that all of the valuable stuff from the NCH
deal has been reversed back to the seller. But, what about
the Hackers Family Heirs , who now own only IOU's from the
plan man [who pays himself an 'exec' salary]. And, all of
those old Scozza family owners , who 'sold' WizeGuys , but
also own only IOU's. And, the Cornell-type lenders , who
really don't expect to lose their investments. They All Must
be paid back , on-time , with Interest ; otherwise , they
will be forced to re-negotiate ; according to their own plans
and methods. While Wells-Fargo , and the Hackers Family will
probably just use the traditional high-priced lawyers , and
the local Courts + Judges.
By the way ; We bet that the ~150 years-old Hackers Family
probably have many more friends+family in No. Country , than
anyone within 100 miles of any sw corporate or personal
friends+family 'asset' [ except the condo in Florida , or
any other stuff that moved away , further south , or east] .
happy.. Flippers love copi when it bounces ,,,
especially when the $-volume increases to ~$10k per day.
And, 10-Q reporters , like copi , that always seem to be
on the verge of BK , always get volatile , with much bigger
$'s trading , right before + after any 10-Q or 10-K.
But, copi is even extra profitable for short-term shorters ,
especially right after any 10-Q , for so many reasons ,
[ as have been previously explained ] , considering the
~unchangeable Moore's Law trend , and the 80++% 'ownership'
by Insiders , and the 10+ years of cash-burning , starting
way before copi finally had to 'go public' last year to try
to sell common shares , to replace copi's ever-burning cash.
extra , Sincerely .
P.S. ; We have noticed that many of the big copi fans have
admitted to having flipping accounts , in addition to
[maybe] long-term buy + hold + averaging-down accounts.
Even for longs , in a permanent down-trender like copi ,
it makes sense to long-flip the frequent 2x bounces. That
way , it is possible to profit as a long flipper , even
in a fully-reporting , but always-money-losing penny ,
just like copi , that still sinks ~90% per year , just like
most other non-reporting pinkys.
We're still hoping to see $0.02 , before the 10-Q .
But , it will probably require ~1 Million shares
per day in volume. That's $15,000+ per day of buyers ,
who are expecting a good 10-Q. With all the recent
good news , why don't the old fans buy much faster ?
While new buyers must be waiting for the 10-Q , ~next week.
The key will be revenues. If they are down , and expenses
are up [as usual, especially from the new copi exec hires] ,
watch out below. Those new copi salesmen have a tough job.
They must double copi's 'paid call counts' , every ~18 months,
just to keep up with the continuous price cuts , due to
lower cost new competitors , with newer 'tech' , and lower
expenses. [According to Moore's Law , which directly applies
to Totally Computerized Services , for the last 40 years.]
That's also why the cost of long-distance phone calls has
been constantly dropping , for the last 40 years. We now pay
just 3.5 cents per minute , anywhere in the 50 states , and
at any time of any day , with No Monthly Minimum or 'Plan'.
It's All Computer-Automated , just like copi's 1 product ,
and its dozens of lower-cost competitors.
extra , Sincerely .
P.S. ; If copi keeps losing money , how can they keep
covering their losses? They already used up their last
super-sub-prime , 30+% Interest , short-term loan. And ,
copi even has to repay that loan next year. And, the
copi Insider execs had to pledge All of their Preferreds
as Collateral , just to barely get that loan.
We really think that the VeriSign squeeze is on. And, the
copi 'buyout' price is dropping fast. At this point , we
don't think that the Insider Preferreds will even get their
original investment back , with zero Interest. But, they
own 80++% of All of copi's 'votes + assets' ; So , if they
'vote' to sell-out copi , and don't get at least 100% of
their Preferred investment back ; then , All common copi
shares must share $zero ; since commons get $zero , unless
Preferreds get at least 100% , First. That's why they call
them 'Preferred' .
TS + "the company and its management" ,,,
are All now the targets of the SEC , IOO.
Here's the full quote , from the SEC letter to Seaway :
*******************************************************
"We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filing reviewed by the staff to be certain that they have provided all information investors require for an informed decision. Since the company and its management are in possession of all facts relating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made".
*******************************************************
And , here's who at the SEC signed it :
" You may contact Scott Stringer, Staff Accountant at (202) 551-3272, Donna Di Silvio, Senior Staff Accountant at (202) 551-3202 or me at (202) 551-3720 if you have any questions regarding this comment or related matters.
Sincerely,
Andrew Mew
Accounting Branch Chief "
*******************************************************
IOO ; typically , the "16 points" in the SEC letter would
have been more than enough for the SEC to suspend trading
of sw-whatever. In addition , some of the '16 problems' are
related to personally taxable profits from sw-whatever's
'acquisitions' of way-overpriced 'businesses' , directly
from close relatives , and 'friends' , and relatives of
the friends , including 'friends' with previous histories
of similar 'problems'.
We have never seen such a 'strong' letter from the SEC ,
[And , signed by a high-level SEC Manager] , without any
immediate Action. We suspect that the SEC is probably
giving All of the sw-whatever 'managers' , a little more
rope , to hang themselves , and/or blame each other.
Possibly in a coordinated 'deal' with other 'Agencies' ,
who have just started deploying their Seaway Fishing Nets ,
and want to hook a few more big fish , as they try to spit
out their first bites of the bait that binds All of the
Insiders , who keep feeding off the ~$40,000,000 that was
lipo-suctioned from the ~4,000 swvc common 'share'holders ,
IN LESS THAN 1 YEAR.
We would not be surprised if the spreading net includes
several 'outsiders' , who have helped swvc [and several
similar + inter-related + near-BK 'companies'] , play their
nearly identical games , all in the same 1 year , for a
total of over $60,000,000 combined. Including 1 'helper'
that even admits to direct pay , directly from the Seaway.
We suspect that there are at least 10 more , who recently
quit 'helping' , and submerged , totally. And, at least 5
more , who have recently become much less obviously helpful.
And, many more who seem to have tried to switch sides.
extra , Sincerely .
P.S. ; We expect that sw-whatever will soon , again , be at
the Top of the iHub 'Most Read + Posted' boards. As the
grinding wheels start crushing through the No. Country
wheat fields , and quarantining the bio-hazards.
All of the above is just opinions , of course , as always ;
which Legally Goes Without Even Saying , Ever , on any blog.
IOO ; This new info is unusually revealing ...
*******************************************
Eric dropped a line about his email footer:
"It is a term that describes the alliance of cooperating or related companies and trademarks, to make it less confusing for suppliers. Winning Brands Corporation itself, Niagara Mist Marketing Ltd (dba “The Soap Factory), XMG Corporation (master distributor of Winning Colours). When we use the word group, it is easier for our business contacts to understand that we might be speaking with them in a particular matter from one of these three perspectives. Nothing has changed."
There we go -- the official answer. Just a nice way to wrap it all up into a single footer.
*******************************************
And, here's why , IOO .
There are 3 SEPARATE ENTITIES :
1] Winning Brands Corporation
2] Niagara Mist Marketing Ltd (dba “The Soap Factory)
3] XMG Corporation (master distributor of Winning Colours)
We believe that all wnbd common shareholders own Only some
as-yet-unrevealed 'share' of #1 Only. And, it has 5 Billion
Authorized Shares ; with probably less than 1 Billion in the
current float. No one knows , because the TA is gagged , and
wnbd is a non-filing pink. And, we also know that there are
"Preferred" Shares ; but no one knows how they 'convert' to
commons ; or , what 'interest and/or dividends' they pay ,
before they are converted. We are 99+% sure that the current
Preferreds own at least 50+% of All wnbd 'votes' + assets.
And , maybe as many as 80+% ; Because , 80+% of the
Authorized Shares are Not Yet in the Currently Trading Common
Float ; But , The Authorized MUST Be High Enough To ALLOW
All Of The Already ISSUED Preferreds To Be ABLE To Convert.
Anyway , that's why It Is Most Important To Know The Current
'Share Structure' ; AND , if All common shareholders ,
combined , own Less Than 50% of All 'votes'. If not , the
'Preferreds' can just 'vote' themselves up to 99+% , anytime
that 'they' think it's 'worth it' . And, in wnbd's case , we
believe that the 'they' , that own All of the 'Preferreds' ,
may even be only 1 guy , who keeps it all a secret.
Continuing on to the other 2 wnbd 'entities' . They are
'The Factory' + 'The Distributor' . And, they don't sell
common shares [as far as we know] ; So , they Both Must
Always Make A Profit , to stay 'in business'. And, since
they Don't sell common shares , they will never reveal their
profits ; or , even who 'owns' them. But, we can guess.
We also guess that 'The Soap Factory' and 'The Distributor'
own ~All of the soap patents + copyrights + trademarks , and
anything else of any real value. Certainly, the wnbd sales
guys did not invent + patent the soap chemical formulations ,
and production processes. That's the Main Job of The Soap
Factory ; and it 'existed' way before wnbd ever sold its
very first common or Preferred 'share'.
Thus ; now we also know [IOO] , why wnbd keeps all of their
'financials' a secret ; and stays pink , to make it legal.
Because , wnbd financials would Not ever show any of the
profits that are kept by 'The Factory' + 'The Distributor' ,
before some small commissions are paid to wnbd , to pay its
sales guys.
So , what's the chance that wnbd common shareholders will
ever share in any windfall profits ; even if the wnbd sales
guys are successful , worldwide , with HD + WM ; and even
if they sell the entire wnbd 'company' to P&G.
extra , Sincerely .
P.S. ; We do agree , that wnbd's products are very good.
And , even competitively priced ; but, only if the average
consumer figures out that the retail product should be
diluted [ = watered down] by 5-10x Before Using , UNlike
its major competitors. IOO , that's the main job for the
wnbd sales guys. Consumers don't like dilution. They even
buy tap-water in plastic bottles. And, these days, even
very few soups are sold, where the buyer must add a can of
water before 'heat + serve'. We bet that the wnbd sales guys
won't convince the world to dilute , wrt their soap ; but
they may continue succeeding , wrt their common shares.
swyv would have been BK last year without YA/Cornell/etc...
YA-types are the only ones that ever allow plan-mans
to build up their intrinsinking value 'companies'.
And , YA-types Hardly Ever Lose Money , except in swyv.
So ; many shorters unvest in YA-type 'borrowers' ; because ,
they are All Guaranteed to quickly sink into financial
'death-spirals' , and BK. Just like rpt always said.
We are currently shorting several more YA-type 'clients' ,
that are All crashing 90+% per year. YA is an Always
Money-Making + Professional Real Company. And, all of their
Floorless-Toxic-CD-Borrowing 'clients' are 99+% guaranteed
scams. Otherwise, they would not ever have to 'sign-up' for
Any Death-Spiral 'financing'.
So, we think that YA is Certainly NOT a problem. Rather,
it is an excellent resource ; For Shorters looking for
Guaranteed 95+% Profits Per Year. In fact, if YA was a
public company, we would buy their stock , very long ,
and even keep on averaging-up.
extra, Sincerely .
P.S. ; It's incredible that pinky longs blame everyone
except their own scammy 80+% CEO , who controls all 'votes'
and 'decisions' + 'acquisitions' + PR's + IR-guys + T/A's ,
and hired-paid-pumpers.
Bottom-Line : THE sw PLAN-MAN HIRED YA FROM DAY#Minus-1 ,
DELIBERATELY . The only question is ; How Do They Split
The Profits , from the ~$40,000,000 unvested by commoners ?
The only 'interesting' thing about sw-whatever , is that
YA-Cornell-etc may actually lose some cash in this 'deal'.
They very rarely do. And, we expect that the plan-man will
'somehow' pay it All back , somehow , before Christmas ,
or not even move to Florida.
tdcp volume + price keep dropping fast ...
We're betting on tdcp price below $0.08 within 2 weeks ,
followed by continued sinkage below pre-mini-pump lows ,
very soon after the next 10-Q.
PR's won't help. Only Reported Cash-Burning , and
continued Massive Dilution ever count in pinkys ,
and/or pinky/likes , like tdcp. [~10 years of Always
losing money , And Increasing Salaries , And 'hiring'
even more 'execs' , and even giving them bonuses ,
before they even do anything.] [And, the 2 new recent
'execs' are ex-Govt+Union 'employees' , who never sold
anything for a profit. In fact, never made anything that
could ever be sold.]
extra , Sincerely .
P.S. ; Watch out for raisins re-posting tdcp 'company' PR's.
So far , they are Always 'good news' , while All tdcp longs
have steadily lost ~75% in just the last year , like all
pinks + pink-alikes. We expect similar [or slightly worse]
'performance' next year , since the 2 newest 'execs' will be
paid twice as much for a full 12 months of experimenting.
And, typically, average pinkys+pennys crash ~90% per year.
Especially in world-wide recessions , or worse.
True; wifi is a great money-maker ,,,
for All short-term flippers.
Especially for intra-day short&cover flippers.
Best times are Immediately After the ~Annual Reverse Split.
Next best is right after any pump peaks , and drops ~20%.
It's almost impossible to lose by shorting wifi Anytime ,
because it Always Trends Down ; But, some times are much
faster + profitable + less risky.
Long flipping is riskier , because the entry point is a guess.
Short flipping is a no-brainer , because the short&cover
times are obvious. And, it does not even matter if you cover
a little too late , or short a little too early ; because
the wifi long-term trend is always down.
extra , Sincerely .
P.S. ; wifi is Definitely Not for cryguys , who only like to
Buy + Hold + Keep-Averaging-Down. The wifi game is obvious ,
and consistent , and reliable , for 10 years , so far.
And, it's Totally Legal. The SEC will never touch it ,
and never has. It even has a public U.S. Address [that many
have even visited , and photographed]. And, the CEO often
makes Public + Pre-Announced Personal Appearances. We suggest
that the cryguys learn to play the pinky game , rather than
complaining that they always lose money in pinkys.
Bottom-Lines : wifi is the Absolute Best Shortable Stock ,
Ever , For Many Years , pinky or not. And, the best time
is Immediately After Any Reverse-Split , which happens
almost every year , when the price drops below ~$0.0005 ;
So , the next wifi Reverse-Split is already overdue ; and
just waiting for the minimum 6 months after the last Reversi.
wifi has dropped 98+% , just since its last Reversi , only
4 months ago. In that period , we "doubled-down" 4 times ,
with a 2x profit each time , for a multiplied total of 16x.
[Note: Shorters "double down" to multiply their profits ,
while longs "average-down" to multiply their losses. On a
guaranteed down-trender , (and wifi is best) , shorters
will often re-unvest their profits , every time they double ,
and then cover and re-short Twice the amount of $'s , and
keep playing , for twice as many $ profits in the next round.]
We will be asking The WellsFargo IR folks tomorrow ...
If Seaway fails to pay the Absolute Minimum ,
on their super-sub-prime Inventory Loan ;
WellsFargo's Real Shareholders will demand to know
Exactly Why WF does not Immediately Foreclose ,
and sieze All of Hackers Inventory , and start their
Garage-Sale Liquidation.
Also, That would be a great Christmas Present for All
nearby residents , in the permanently-depressed mini-region ,
named No. Country , N.Y.
Also , we're checking on those 'Dede-Redevelopment-Loans' ,
to 're-open' wiseguys , after Ames went BK. Then wiseguys
went 99+% BK , but was 'saved' by Seaway , just in time for
the wiseguys to be 'bought out' for ~$6 Million , PERSONALLY ,
AND , ALL OF THE wiseguys DEBTS WERE ALSO 'BOUGHT' BY SEAWAY ,
AND FULLY PAID BY ONLY SEAWAY COMMON 'SHARE'HOLDERS.
And, the wizeguys who profited include Only Dede + Family ,
PLUS , the guy who 'presided' over the Ames BK , [ and other
previous 'companies' ] .
extra , Sincerely .
P.S. ; Too many coincidences spoil the game.
wifi is returning to being useful ,,,
for flippers [long + short] to make money.
Which is , the Only reason for trading Any pinky.
And , the new wifi Mod is perfect for that job.
Hopefully , this board will re-start discussing
flipping strategies , and price-points ;
and quit allowing repetitive complaints from
disgruntled ex-unvesturs in pinkys , who favor
the 'strategy' of buy + hold + average-down ,
through yearly Reverse-Splits , until they or their
favorite 'company' goes BK.
extra , Sincerely .
P.S. ; Just check the profiles of the wifi complainers.
All of their other unvestmunts are pinky/penny/ponzys.
Past + present + future. [ Which is useful , for shorters ,
who follow them to their newest + hottest current stocks
that only pump&dump + dilute&reverse , to make up for the
cash that they lose , every year. ]
doesn't look like any Mod wants to pump here now..
Since the truth is out about tdcp.
It's just another constantly diluting pump&dumper.
To make up for constant cash-burning , and never making
anything that can be sold , but always paying 'exec'
salaries + bonuses.
As if it wasn't bad enough , after 10 years of losing ,
tdcp hired 2 more 'execs' , just this year.
Both are ex-Govt/union employees. The main things they make
are Vacation Plans.
Meanwhile , All tdcp longs are down another 90% this year ,
as usual.
Just like the average pinky.
extra , Sincerely .
P.S. ; At least this site is now ~50% Factual ,
since the raisin backed away.
My WAG is 5 Nov 2008 4:15 am
one heck of a short...when that be the case ,,,
which is ASAP after Any future swyv Reverse-Split.
While the current swyv longs , will again be locked out
of selling anything , again , for another 2+ weeks.
And the Still-Waiting-On-Line Converters will again be able
to re-flood the Seaway , and crash the next new Reversed
sw-whatever price by another 90+% per week , until it sinks
back down to ~$0.0001 Again , After The Next Reverse-Split ;
No Matter How Large It Is [even 1-for-1000].
Assuming that :
1] Anyone keeps averaging-down ; and
2] Wells-Fargo re-delays foreclosure ; and
3] sw-whatever still somehow delays 'operational' BK ; and
4] it's maybe 'legal' to do 2 Reverse-Splits within 6 months.
extra , Sincerely .
P.S. ; Can anyone explain who is buying any Reversed swyv's ?
About 30 Million per DAY are being dumped at ~$0.0002 , for
a Total 'Investment' of ~$6,000 per DAY by some new buyers ,
and/or some old longs who are still averaging-down. And, all
of that new daily cash is going to Converters + Shorters ,
every trading day. [Maybe some goes to swyv , if the plan-man
has a 'sharing-arrangement' with the Converters , and they
let him dump in some of those newest 1 Billion 'Employee
Bonus Plan' common shares.] Anyway, as long as the longs keep
buying , the sellers will keep selling , until sw-whatever
files for BK. There's over 1 Quadrillion new swxx's on line.
P.S.S. ; If they don't All sell out before BK ; the biggest
$-bagholders [not counting the $40 Million Already unvested
by the commons] , will be the Waiting-On-Line-Converters ,
including the $12 Million 'owed' to CASH LENDERS [who never
are happy to lose , and never forget] ; And , the other
'friends + family' converters , who 'own' ~95+% of Seaway's
'assets' , [which are currently 'worth' ~MINUS $20 Million].
So ; the Seaway 'friends + family' , will never actually get
another micro-penny from their UNdilutable Cornvertible
Preferreds ; Unless they cornvince YA To Lose Money. That
hardly ever happens. But, let the games begin.
By the way ; If we were longs , who ever lost cash in this
Seaway ; we would get a lawyer to 'track' those 'unusual'
'politically approved' 'redevelopment funds' that 'financed'
the 'buying' + starting of 'wiseguys' , after the old failed
Ames went BK. It seems to 'tie in' Almost Everyone , who
eventually profited , while everyone else lost 99+% per year.