Where's the 'best news ever' for swvc? We see these Facts...
swvc, an Always-Money-Losing, late-Filing Sub-penny,
merged with an Always-Money-Losing, Never-Filing pinky,
and they DON'T PLAN TO FIRE ANYBODY, which is the ONLY
reason that Real Companies merge [i.e. , to SAVE money],
but, they will waste CASH to pay Lawyers, and Who-evers,
and issue another load of Toxic Debt to erase the
No Country Hospitalized pinky 'shares' , and to pay off the
pre-existing NCH Toxies, and to pay off the NCH 'execs' ,
etc, etc.
So, where's the beef? We see a DECREASE in swvc "IV" .
Maybe nurses at No Country Hospital will administer the IV.
Meanwhile, the No Country website 'financials' are laughable.
$1 Million in Totally UNdocumented 'revenues' , because they
NEVER FILE ANYTHING. But, they "PROJECT" $2.5 Million this
year [which is already 30% done], and $5 Million in 2010 ,
and $7.5 Million in 2011 . And, they think that their pinkys
are 'worth' $13 Million. Their 'projector' must also be
their full-time, day-shift, beer taste-tester, and their best
night-shift customer.
A previous post today mentioned that swvc has No Good News
left to announce, after boasting about this 'acquisition' .
Well, a 'merger' is Not an 'acquisition' , even if swvc has
to pay off the NC 'execs' + pinky 'share'holders. And, if
this was the last bit of swvc 'good news' , we can only say,
that for swvc, No News Is The Best News.
Finally, it sure was fun today. Flippers [long + short]
must have made 10-25+% , in just a few hours. And, the
shorting day-trader flippers were all legally naked, since
they covered on the same day that they shorted. [Legally,
they could have even waited 3 days to cover.] And, they
won't show up on any 'short-list' , because they covered
before the market closed. Hopefully, the old longs learned
a lesson. When playing pinkys + pennys, Always Sell into a
pump, because, the 'trend' is always Down, 90+% per year.
Or, at least sell ASAP, when the pump peaks, or stalls, and
especially when it starts re-tracing back down to where it
started.
extra, Sincerely. But, just IOO, as always.
P.S.; The funniest part about today's 'acquisition' news,
was that it was NOT news. Everybody knew all about it,
months ago. And, it was even ~mentioned in the 10-K. The
Most Important Part of today's 'news' is, that it Left Out
All Of The Most Important Stuff. Like, HOW MUCH WILL IT BE
COSTING swvc 'share'holders, TO 'ACQUIRE' ANOTHER TOXIC-DEBT
OVERLOADED, ALWAYS-CASH-BURNING, PINKY. And, how much cash
did the 2 merging CEO's, who are now [or were] 'best friends',
personally collect, directly + immediately from swvc longs?
