It takes years of 'experience' to learn how to make,,,
several personal fortunes, for friends + family, quickly,
by buying Toxic Shells, with common 'share'holder cash,
and stuffing the shells with more Toxic stuffings, which
are paid off by more new common 'share'holder cash.
All, while collecting a cash 'salary' of $240+k per year,
also paid by newer common 'share'holder cash.
The key to success is , Do It All Very Quickly.
Today's 10-K is the first glimpse at the approaching BK.
It only shows the best 2 months of Christmas Season sales,
And, swvc STILL BURNED CASH. So, swvc must be burning cash
much faster, for the last 3.5 months, which is still
totally UNreported, even though the CEO knows the FACTS,
but won't tell. 2008Q1 ENDED 15 DAYS AGO. And, the 10-Q
FOR 2008-Q1 WON'T BE AUDITED, AND WON'T BE FILED FOR AT
LEAST 1 MORE MONTH [or later, like today's LATE 10-K].
We expect that super-fast dilution is already fully planned,
to try to stall BK as long as possible. If the longs don't
start 'averaging down' , faster than ever, swvc won't even
make it to the next money-losing Christmas Season.
Also, regarding the 'simple math' comment. Read the 10-K.
Here's a little more of it :
" ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth certain information regarding the "beneficial ownership" of the Company's common stock as of April 12, 2008 by each of the Company's directors and executive officers, all current directors and executive officers as a group, and persons or groups owning MORE THAN 5% of the outstanding Common Stock. In computing the number of shares beneficially owned by a person and the percentage ownership of that person, shares of common stock subject to options or warrants held by that person that are currently exercisable or exercisable within 60 days of the date hereof are deemed outstanding. Except as indicated in the footnotes to this table and pursuant to applicable community property laws, each stockholder named in the table has sole voting and investment power with respect to the shares set forth opposite such stockholder's name. On April 12, 2008 there were 997,941,917 SHARES of the Company's COMMON stock issued and outstanding as well as 100,000 shares of SERIES E PREFERRED Stock and 1,458,236 shares of the Company’s SERIES C CONVERTIBLE PREFERRED Stock. The following table sets forth the number of the Company's shares beneficially owned by each person who, as of the closing, will own beneficially MORE THAN 5% of either class of the Company's voting stock, as well as the ownership of such shares by each director of the Company and the shares beneficially owned by the new directors as a group.
Name of Beneficial Owner Amount & Nature of Ownership Percent of Class of Stock Voting Percent
Thomas W. Scozzafava 100,000 Series E Preferred Stock 100.0% 80.0%
Dierdre K. Scozzafava 442,150 Series C Preferred Stock 30.3% 3.1%
Frederick E. Scozzafava 398,100 Series C Preferred Stock 27.3% 2.8%
Silver Hamilton, LLC 186,290 Series C Preferred Stock 12.8% 1.3%
William M. Scozzafava 140,000 Series C Preferred Stock 9.6% 1.0%
Joseph G. LaChausse 102,500 Series C Preferred Stock 7.0% 0.7%
The list above only shows the Top-5 Owners of Series C Preffys
Together, those Top-5 Friends + Family Guys own 1,269,040
of the total of 1,458,236 Series C Preferred Stock. So,
Other Friends and/or Family Guys must own the missing 189,196
Thus, there's your simply mathematically NOT Missing 1.1%.
[ Actually, it's not 1.1% , IT'S 1.3+% ! So, the commoners
DON'T EVEN OWN 10%. IT'S ACTUALLY LESS THAN 9.8%. And, that's
only 'as of' 12apr2008. It's probably lower by now, since the
CEO has had 3 more days to vote for more, all by himself,
using his Can't-Ever-Be-Diluted 80% Super-Toxic Preffys. ]
[By the way, they used to be "Series A" , but now they are
"Series E". We shorters know why they were 'exchanged' , and
what the 'changes' were. Let's see if the differences, and
reasons are ever 'explained' in a PR, and/or ever stuffed
into the fairly unbalanced iBox. After all, it is a more
important FACT, for common 'share'holders to Know About,
than Everything Else in the iBox, Combined. ]
extra, Sincerely. But, just IOO, as always.
AI
