Wednesday, February 13, 2008 5:28:37 PM
and, when it hits .005 , the new toxics are triggered.
And, the CEO won't really mind. Because, every time
1 toxic share converts in, he gets 4 more added to
his own personal toxic "Preferreds" .
'Fully Diluted' share count is way over 5 Billion now.
Plan on 10+ Billion by summer. Especially if there are
any more toxic 'acquisitions' . Or, a new 'series' of
super-5x-toxic 'Preferreds' , for friends + family.
Also WF has Not loaned swvc 1 penny. And, If they ever do,
it will be at least 2x collateralized by brand new
inventory, at wholesale/liquidation prices. And, watched,
very carefully, by WF. If swvc tries to divert Any of the
inventory loan cash, it's curtains for swvc, in 1 day.
And, possibly, the suspension of swvc trading, the next day.
Averaging-down is profitable, for shorters, only.
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