Wednesday, July 02, 2008 11:37:12 PM
'on paper' already; and will probably File by Christmas.
And, the 10-Q will drive swvc's price below $0.0005 ;
within ~2 days of the public release of the 10-Q.
By Sept, the always-averaging-down longs will still be
hoping + pretending that swvc will be 'back up' to $0.0010 ,
'as soon as the dilution subsides' ; While the shorters
will be back, in full force; and risklessly re-profiting,
and hoping that the longs keep averaging-down, to extend
the shorters' gravy train , for a few more stops + bounces.
Nothing else is even Remotely possible, because :
1] All of swvc's 'businesses' have always lost money; and,
the next 10-Q will prove that they are losing more cash,
faster than ever.
2] The new NCH money-losers will Have To Be Reported, for
the Very First Time, and Every Future Quarter. Along with
the new COO 'salary + bonus + etc's'. Along with the CEO's
$250,000 per year salary ( + bonuses + etc's). We can't
believe that the longs pretend that their CEO forgot to
collect his salary in 2007; EVEN THOUGH, IT WAS SPECIFICALLY
ITEMIZED, IN 1 LINE, ALL BY ITSELF, IN swvc's ALMOST-LATE ,
AND VERY FIRST 10-K , THAT WAS FINALLY FILED WITH THE SEC
IN APRIL 2008.
3] The 'Inventory Loan' is Max'ed Out, and swvc has Never
Met ANY of WF's Absolute Minimum Requirements. When WF
re-calls the loan, due to Gross Non-Performance, swvc will
be BK on that day. With Zero Warning to common 'share'holders.
4] swvc can not only Not get a Real Bank Loan; but, swvc
can't even get any more Floorless + Toxic CD 'loans'. There
are way too many already. And, All [13+?] are already , and
permanently lined up way ahead of any possible new Toxies.
5] The only way that swvc could 'sell' another Toxie, is to
'trade' it for an 'acquisition' of another always-money-losing
'business' , that is 'worth' less than $zero; Even before
adding the debts of the 'new business' that swvc would be
forced to assume. (Wait until the longs see the August 10-Q's
First-Ever Disclosure of the NCH OLD DEBTS, that are NOW
the 100% Responsibility of swvc common 'share'holders, ONLY.)
But, all of the above are just the Facts, that are the
driving force behind swvc's never-ending price decline.
Even the 'average' pinky Only drops 90% per year. But,
swvc is Much Faster Than Average. swvc is already DOWN
MORE THAN 98% , IN JUST THE FIRST HALF OF THIS YEAR.
And, it will be down another 90% (or more), from today's
'price' before Christmas, which is less than 6 months away.
Here's why :
1] All Insiders + Shorters know that swvc is already BK ,
'on paper' , and there is No Way Out , and they won't
'contribute' any new cash of their own, because they know
that it will All be lost by swvc's always-money-losing
'businesses' , and 'exec salaries + bonuses' + etc's.
And, they know that swvc can't get any new cash from ANY
Bank, and not even a new Floorless Toxic 'lender'. swvc is
already Max'ed Out with the worst of the Super-Toxic guys.
2] So, 'What's a poor Insider to do?' We know what we would
be doing. Just cash-out, ASAP, before BK, at any 'price'.
3] In the last few months, 1 Billion New Common 'Shares'
have floated into the flooded seaway. Driving the 'price'
of each common 'share' DOWN 98%. But, THERE ARE AT LEAST
30-100 BILLION MORE NEW 'CONVERTING SHARES' THAT MUST
FLOAT IN, AND BE BOUGHT BY AVERAGING-DOWNERS, BEFORE BK.
Otherwise, the Insiders lose their 'investment'. (They don't
like holding while the 'price' of swvc averages-down to BK.)
4] Even If the 80% CEO guy does Not dump ANY of his classey,
and Never Dilutable Class E's ; THE OTHER INSIDERS STILL
HAVE TO DUMP THEIR REMAINING 10-20 BILLION. And, just in the
next 6 months, before swvc Must File For BK. (Or, earlier,
and Any Day That WF Recalls Their Inventory 'Loan'.)
There are a few longs that pretend to be flipping 'parts'
of their 'collection' , as swvc bounces ~50% every month,
while trending Down 30+% Every Month. And, they love their
'charts' , which are 'mathematically based' ; but, EVERYONE
KNOWS THAT CHARTS ARE USELESS IN THE FACE OF MASSIVE, AND
CONSTANT DILUTION, THAT IS CONTROLLED BY A FEW INSIDERS.
From here on, for a few more months, [until swvc Files BK),
Only the Dumping Insiders, and All Shorters, and a few
'lucky' ( = Insider ) Flippers will make money in swvc.
And, those last remaining profits from trading swvc, will
All be 'hopefully' provided by the few longs, who keep
averaging-down, while they keep Not selling their 'core'
holdings, even if they pretend to be flipping Any 'shares'.
But, none of this is surprising, or the least bit unusual.
It happens to All pinkys. And All 'companies' that act just
like pinkys; even if they File 4 pieces of paper per year.
And, 'marginal businesses' + home-owners are going BK
faster then ever, since the 1929 Depression. While swvc
pretends to 'grow' a load of always-money-losers, in one of
the most + always depressed mini-regions of the U.S. , at
the beginning of a multi-year U.S. Recession, and U.S.
Bear-Market for even Real Stocks. Just in case anyone forgot,
even before the U.S. Recession started, 30% of the 'homes'
in swvc's mini-region were ALREADY VACANT. Just go 'visit'.
Hotel Reservations are Not even needed, because when the
old + foreclosed 'home-owner' moves out, there is no need
to lock any doors.
Averaging-down is profitable, for shorters, only.
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