Friday, June 06, 2008 12:32:58 PM
this Always-Money-Losing + Constantly-Massively-Diluting ,
Hedged + Leveraged + Toxic-Debt-Overloaded Holdout
'company' has to file for BK.
Because, swvc's bills + expenses keep growing, and
swvc's cash keeps shrinking, as it keeps losing money,
faster every Quarter. And, swvc can't even get a loan
anymore.
And, swvc's "Authorized Shares" are almost ALL USED UP.
The Only Way that swvc can [slightly] stall BK, is to
keep printing + dumping newer common 'shares' , to the
few remaining old longs, as long as they keep averaging
down. [By the way; We think that the biggest old common
longs are actually pumping + dumping also; for the last
2 months, at least. The Outsider longs' dumpings started
in April, as swvc crashed below $0.0050 , when the First,
and LATE 10-K was finally 'released' , with NO PR from
swvc 'explaining' their massive admitted 'problems'.]
extra, Sincerely. But, just opinions, based on Facts.
P.S. ; The swvc shorters will return, for the next huge
swvc plunge, as soon as the 1 voter at swvc is forced to
raise the Authorized Shares. And, then re-start another
round of super-massive dilution. The CEO is Not even in
'control' of the new 'shares' , already floating in. Many
other swvc Insiders have been free to dump for many months
already. And, even if their newly converted 'shares' are
'restricted' [for less than 6 months], they must still be
covered by enough 'Authorizeds'.
P.P.S. ; The new 100 Million Outstandings admitted today,
were the ones dumped last week. [Even an UNgagged TA does
Not have to admit to newly-addeds, even if they know it
has already happened, and must be reported soon.] We expect
another delayed admission of this week's new dump, at the
end of next week. And, at the current rate of dumping, the
current 'Authorizeds' will be All Used Up, Before July 4th.
Averaging-down is profitable, for shorters, only.
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