What is happening here is no conspiracy...
It's just 1 guy, ~legally, accepting donations,
from ~4,000 long-term followers, who keep believing
stories + excuses, that are planted on the internet,
by penny/pinky flippers + shorters.
swvc is clearly going to have to File for BK, soon.
And, all of the last-remaining common 'share'holders
will get zero$. The ones who wait the longest, before
accepting the Facts, will get the least.
Everything that swvc 'owns' , loses money. So, all of
its 'businesses' are worth less than zero$. Thus, its
'assets' are just the salvage value of swvc's furniture.
It's 'stores' are just leased [= long-term liabilities],
and the few that are 'owned' have Negative Equity, because
the are sub-prime 'mortgaged' for more than they could be
sold for, in a Declining Real Estate Market, in a permanently
Depressed + small region, During the start of a Recession.
Then, there's the cash Debts. The WF 'deal' is already used
up, and in default, and could be recalled, Any Month, because
WF Requires On-Time Reporting of Hacketts Financials, EVERY
30 DAYS. And the CD's require Interest Payments of 10-15%.
And, they are ALL DUE to be 100% paid-off in a few years, or
Less. Or, they 'convert' + SELL INTO THE FLOAT, Overnight,
at a huge 'discount' , to the last few days 'trading price',
causing a never-ending down-only-death-spiral, as they keep
floating in. Yesterday, 5 Million floated in, as the very
last 'trade' of the day, for ~25% LESS Than the previous
trade. From now, on, EOD-big-block-dumps should be expected.
But, the worst part of swvc is its World's Record, Fully
Diluted + Fully Convertible + Fully Dumpable share structure.
There are at least 30-50 Billion more 'shares' that could be
floated in, ANY DAY, STARTING YESTERDAY. And, just the first
3% of them, WOULD DOUBLE THE swvc Trading Float, so the price
would drop by 50%, and the remaining 29-48 Billion dumpables
would Immediately Grow Up, to 58-98 Billion MORE TO GO.
IT NEVER ENDS. That's why they call it 'death-spiral'.
Now, for the biggest swvc myth of All. And, it's ALL just
made up, by internet posters. And Never Confirmed, or even
Hinted, or Mumbled, Officially by swvc. And, it has Never
happened with Any Real Stock, let-alone a pinky/penny. And,
if it did 'happen' , it would be ILLEGAL, because it would
prove that swvc was Deliberately Hiding Most Of Its Actual
Assets, on All of its SEC Filings. Here it is. "swvc has a
'secret deal' that someone will pay them back for the toxic
shell, and/or, it actually has some 'hidden' value."
Oh. Almost forgot the other myth. Which is Not Illegal, but,
has Never Happened, Ever. [Although it was a rumor, 1 time,
among some Real Shareholders of GM-Class-H stock. They hoped
that they would get a 'Special Dividend' , from the hidden
cash, that must be somewhere in the Howard Hughes Estate.]
OK. Here's the other swvc myth. "The swvc CEO will just gift
some of his 80% stuff, directly to swvc common 'share'holders,
because they are so loyal."
Then there's even another illegal myth. "swvc is deliberately
driving the stock price down, to buy-back common shares, as
they are converted + floated in, by the toxic financiers."
Now, for a little math. There are ~4,000 'outside' common
'share'holders of swvc. Who, All Together, yesterday, 'owned'
~1.2 Billion swvc common 'shares' , that closed at $0.0022
Which is: $2,640,000 [ = $0.0022 x 1,200,000,000 shares].
And, Most of those 4,000 longs, are just going to 'leave it
on the table' , and watch it float away, down the seaway,
after they already watched their first $25 Million , crash
over Niagara Falls, in less than 10 months. Which is the
total time that swvc stock has ever existed, since birth.
Now, for some statistical guesses. Usually, statistically,
the largest ~10% of all shareholders own ~50% of all shares.
And, the largest 10% of those 10% probably own ~25% of all
shares. So, the 40 biggest longs [4000 x 10% x 10%], probably
still own $660,000 'worth' of swvc [ = 25% x $2.64 Million].
That's about $16,500 EACH [ = $660,000 / 40].
And, those 40 WiseGuys Buyers, are planning to just
leave it all on the swvc yard-sale table, as a 100%
additional donation. Right After They Already Donated
~$150,000 EACH, directly to the swvc CEO, in just the
first 10 months, since he invented swvc common 'shares'.
Conclusions :
1] The swvc CEO really is a genius.
2] Probably 40 other geniuses Already Lost over $100,000 EACH.
3] And, Most of them 'plan' to lose another $15,000 EACH.
4] There may even be 4 super-geniuses, Already losing $500,000
5] EACH, and planning to lose $60,000 MORE, EACH.
extra, Sincerely. But, just opinions, based on Facts,
as Filed by swvc with the SEC [so it's ~legal].
P.S. ; Math is Never Wrong, but, the assumptions could be.
Could there really be 4 more guys, planning to lose $60,000
MORE, EACH, by watching swvc drown down to zero$, in just
a few more months? If so, who could they be? And, what do
they do, every day? And, what other stocks do they like?
[That's the secret to success, for pinky/penny shorters.]
GLTA. And, please Save part of Memorial Day, for those who
Volunteered to Pay Everything, [Usually at a very young age],
Directly to All 300+ Million of us, who can Never Thank Them,
Directly, For Their Total Service To Our Country.
AI
