.<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
Averaging-down is profitable, for shorters, only.
