Seaniemac International Ltd (fka BETS)

[extra]

The latest copi 10QSB was scary. Here it is...

http://quotemedia.10kwizard.com/download.php?ipage=5277762&action=RTF&src=quotemedia&msrc=68a2dcc319463f7fa6367eee2437b37d

It seems that most longs have not read it.
And it is rarely mentioned here, though it is full of facts.
But, many hopeful projections are posted, that are not even
supported by Press Releases from COPI.

And, copi has never issued a 10K. Which is supposed to be
Independently Audited. It is supposed to be filed in March,
but, since it must be Audited, copi has undoubtedly prepared,
and probably delivered all '10Q-Equivalent' Finanshills to
the Auditor, for copi's very first scrubbing.

The fact that copi is saying nothing about their Q4 and
Full Year 2007 'Performance' is not a 'good sign' of things
sure to come, and be filed + published just next month.

Thus, copi will certainly not be able to justify a share
price increase until April, after publishing the 10K.

Meanwhile :

1] copi has lost more money every quarter, for many years
2] copi is way over-loaded with toxic convertible debt
3] copi recently increase its 'Authorized Shares' to 2 Billion

Just previously, the 'Authorized' was 500 Million,
with 'only' about 100 Million currently Floating.

We shorters know exactly why an always-money-losing company,
[like copi] is quick to increase its 'Authorized' , when its
current Float is still way below its previous 'Authorized' ,
TEMPORARILY.

Then there's copi's , basically, only1 'product' ,
which is distributed, basically, by only1 company [VeriSign].

We see 2 possibilities. Neither are good for copi longs :

1] copi's 'product' is good enough for VeriSign to control it
while copi keeps losing money, and can't pay its huge debt.
Then, VeriSign 'buys-out' copi, but must assume copi's huge
debt. Leaving Zero value for all outside common shareholders.

2] copi's 'product' is not 'good enough' , and is easily
'copied' , and 'enhanced' , by VeriSign [our guess], or anyone
else. It would take just a few months, and avoid any 'patent'
infringement nonsense, which copi could not afford to even
start, much less fight, for many years. And then, the newer
and much better Call-Blocker program is sold to all of copi's
current + future customers, because it will be less expensive,
and include more useful features, which are constantly and
quickly added, because a real software/security company is
doing the programming.

Finally, 'The DNC Bill' that was just signed.
copi longs keep cheering about the 'great news' , but,
again, it's not such good news, because :

1] Everyone knew it would pass, and be signed, especially in
an election year. Both Parties sponsored it in Congress, and
it was always supported by the President, assuming it was not
loaded-up with 'Earmarks' , which it wasn't [although there
were a few feeble attempts]. So, now "The News" is out, and
it's time for a copi crash, due to the well-known rule of
"Buy on Rumor, but Sell on News" , ASAP.

2] But, even worse, specifically for copi, that claims to be
'the world leader' in DNC-blocking. And, they could be, now.
Because, until the DNC Bill was signed, and made permanent,
it did not make any business sense to jump in, and lose money,
as copi always did [by selling penny shares, and toxic debt].
We believe that, within 6-12 months, several better copies
of the old copi software will hit the market, and undercut the
price. While copi can't even make money at the current price,
which is way overpriced, due to copi's temporary monopoly.

So, until Tuesday, everyone is cheering, longs AND shorts.

But, shortly after Tuesday, it won't be long, until the real
business facts 'adjust' the price of copi to its real value.

[Which is very clear to shorters in the most recent 10QSB,
and will be documented fact when/if Independently Audited
Financials are actually filed with the SEC next month.]

Have A Nice Two More Days.
[While we don't even need to use our 29 more posts.]
[Or, buy infinitely more, for a few bucks, like the longs.]