The R/S is Required to allow conversions to continue...
Period.
It has nothing to do with 'uplifting' , except to keep
the price of swvc above $0.0001 so dumping can continue.
After the R/S , it will take about 1 month for new-swvc
to sink back to new-$0.0001 , and the converters will
'convince' the Only-1-voter to 'vote' for another R/S.
The 10 Billion Authorized will not need to be raised,
because, with every R/S, the A/S is 'automatically'
effectively multiplied by the R/S Factor. In other words,
if the A/S is 10 Billion OLD-SHARES Before Any Split,
it remains at 10 Billion NEW-SHARES After Any Split,
Unless it is specifically changed.
The current Filing will effectively raise the A/S
All The Way Up to 50 Billion, relative to the current
price of swvc. As Follows :
1] A/S from 2.5 Billion UP to 10 Billion = 4x
2] R/S of 1-for-5 = Another 5x Increase in A/S
3] Both combined = 4x Times 5x = 20x Times 2.5B = 50 Billion
And, obviously, even 50 Billion is way too low.
There are already 200 Billion converters on line, Today.
It's openly admitted in swvc's last Friday SEC Filing.
And, that's assuming that swvc never sinks below $0.0004 ,
even as 80 Times MORE New 'shares' convert, and float in,
in just the next few months. [ Which will certainly cause
swvc to sink by At Least another 80/81 = ~99% . ]
And, that's assuming that No More Convertibles are ever
printed + traded to 'acquire' more friendly cash-burners,
and/or to cover the losses of the current swvc cash-burners.
extra, Sincerely.
P.S. ; The 'info' being 'provided' by the big swvc fans
is perfect for the converters, and the shorters. It will
'convince' the averaging-downers to corntinue to keep
'buying' the constantly-available, all-time-cheapies, as
swvc keeps sinking another ~99% in the next few months;
until the averagers pay-off the ~$12 Million, that the
converters are demanding, ASAP. [Before swvc goes BK,
probably by Christmas, this year.]
P.S.S. ; The converters ALL have legally binding contracts,
All Included in swvc's SEC Filings. They are effectively
running swvc, until they are All Fully Paid-Off. swvc has
No Cash to even cover its growing losses; or ever 'acquire'
anything that does not come with more past debt than it will
ever be worth. And, if swvc tries to print + 'trade' more
convertibles, they Must All be 'subordinate' to All of the
existing ones; so, any 'acquiree' will easily see that their
'probable future value' is probably less than 10% [at most]
of their 'face' value. In fact, the 'deal' to 'acquire' the
family wizeguys 'business' was a ~79% 'Discounted' CD ,
because it is 'subordinate' to the Cornell-Types of CD's.
Bottom-lines :
1] swvc can't 'acquire' anything [except negative-value stuff]
until after All of the current converters get All of their
~$12 Million Fully Paid-Off [by averaging-downers].
2] shorters will have a riskless windfall, as long as the
averaging-downers keep swvc above $0.0002 ; and swvc will
'help' by 'voting' for more R/S's , whenever 'the newest
reversed' swvc price approaches $0.0005
3] Surprisingly, swvc did not fall below $0.0003 yesterday.
But, 200 Million swvc 'shares' dumped, at ~$0.0004 , only
cost the averaging-downers $80,000 ; which is only
1-fifth of 1% of the ~$40,000,000 that they already lost,
in just the last 9 months. If they keep doing good, for
20 more trading days [= 1 month, when the R/S rolls in],
it will only cost them a total of 4% More Cash, on top of
their previous near-total losses. They can do it, if they
keep getting cornvinced. There's ~4,000 of them; so, they
only have to keep throwing in an average of $20 per trading
day, each. That's just another tank-o-gas per week. Not much,
to preserve an unvestment that already costed 100 Times as
much, and that some-fan guaranteed would provide 10-bagger
profits, and immediate early-retirement, within 1-10 years.
[We saved a copy of the 'guarantee' , before it disappeared.]
4] Just a guess/prediction : We think that the converters
Must have 'noticed' that ~$80,000 of new cash was tossed
into swvc yesterday, and the swvc price ONLY fell 20%. And,
maybe the converters got half of it, by dumping their last
allowable 100 Million newest swvc 'shares'. Today, there
should be No Converters. If swvc's price holds above $0.0002
we expect that they will 'convince' the only-1-voter to
Up-The-Authorized to at least 5 Billion, effective ASAP,
probably by next Monday. And, probably Not Mentioned until
After All Trading on this Friday. There is No Requirement to
wait around for Any Days, to ONLY INCREASE THE Authorized
'Shares' , especially such a 'little bit'. Certainly the
averagers can explain-away a tiny 2x. And then, they can
corntinue to happily toss in another $80,000 per day,
and keep the swvc price above $0.0002 , and the converters
won't have to wait a month, to re-start collecting ~$50,000
per day. Otherwise, the converters will lose $1 Million ,
forever, if they have to wait around until late August.
We bet that the converters 'convince' the Only-1-voter,
and, we're betting on the averagers to keep bidding the price
of swvc at/or/above $0.0002
Go swvc averagers. Please keep the seaway flowing.
AI
