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Re: bradakus post# 132658

Thursday, 02/14/2008 12:55:21 AM

Thursday, February 14, 2008 12:55:21 AM

Post# of 245693
Anytime the CEO converts his "Preferreds" ,,,
he owns 80% of all swvc shares at that time,
even if he has to vote [all by himself]
to increase the number of Authorized Shares.

And then, he can vote [all by himself],
to 'authorize' more "Preferreds" for anyone, or only1.

And, this plan appears to be all legal. Who knows, or cares?
But, it is all fully documented in the PR's + Filings,
since swvc is not-quite-pink. We all like that.
SEC oversight is nice.

And, since he did it before, he can probably do it again.
And, everybody even likes it. Especially us shorters.

At least we all are totally sure that swvc will never
have to worry about a hostile take-over.
And, swvc is definitely very valuable, for the CEO,
and us shorters, and a few lucky flippers, and insiders.

Averaging-down is profitable, for shorters, only.