2.5 Billion Float = 1.23% of swvc 'ownership' ,,,
And 'voting power' , Because the current Fully Diluted swvc,
WHICH INCLUDES ALL swvc FLOORLESS + TOXIC CONVERTIBLES, is :
202.5 BILLION Diluted 'shares' ( x 1.23% = 2.49 Billion Float)
And, ALL 202.5 BILLION COUNT, TODAY, BECAUSE THEY ALL VOTE.
But; we all know that the dumping of those 200+ Billion
newer swvc common 'shares' , by the Converters ,
will 'depress' the common swvc 'trading price' ,
as they try to float in to the already flooded swvc.
Because; THAT's ANOTHER 8000% DILUTION , ABOVE TODAY's FLOAT.
Just the first 2.5 Billion new float-in's will sink swvc's
trading price by ~50%. So, the remaining 197.5 Floorlesses
will AUTOMATICALLY DOUBLE , LEAVING 395 BILLION MORE.
Then; the next 5 Billion will sink swvc another 50%. So, the
remaining 390 Billion Floorlesses MUST Double Up to 780 Bil.
Continuing on :
The next 10 Billion Conversions leave 770 Bil x 2 = 1540 Bil
The next 20 Billion Conversions leave 1520 Bil x 2 = 3040 Bil
The next 40 Billion Conversions leave 3000 Bil x 2 = 6000 Bil
The next 80 Billion Converts leave 5920 Bil x 2 = 11840 Bil
The next 160 Billion Converts leave 11680 Bil x 2 = 23360 Bil
The next 320 Billion Converts leave 23040 Bil x 2 = 46080 Bil
The next 640 Billion Converts leave 45440 Bil x 2 = 90880 Bil
Next 1280 Billion Converts leave 89600 Bil x 2 = 179200 Bil
Next 2560 Billion Converts leave 176640 Bil x 2 = 353280 Bil
Next 5120 Billion Converts leave 348160 Bil x 2 = 696320 Bil
Next 10240 Billion Converts leave 686080 Bil x 2 = 1372160 Bil
[Let's switch to Trillions, + round off, to simplify.]
[Still 10 Trillion Converts leaving 686 Tril x 2 = 1372 Tril]
Next 20 Trillion Converts leaving 1362 Tril x 2 = 2724 Tril
Next 40 Trillion Converts leaving 2684 Tril x 2 = 5368 Tril
Next 80 Trillion Converts leaving 5288 Tril x 2 = 10576 Tril
Next 160 Trillion Converts leaving 10416 Tril x 2 = 20832 Tril
Next 320 Trillion Converts leaving 20512 Tril x 2 = 41024 Tril
Next 640 Trillion Converts leaving 40384 Tril x 2 = 80768 Tril
Next 1280 Tril Converts leaving 79488 Tril x 2 = 158976 Tril
Next 2560 Tril Converts leaving 156416 Tril x 2 = 312832 Tril
Next 5120 Tril Converts leaving 307712 Tril x 2 = 615424 Tril
Next 10280 Tril Converts leave 605144 Tril x 2 = 1210288 Tril
[Let's switch to Quadrillions, + round off, to re-simplify.]
[Still 10 Quad Converts leaving 605 Quad x 2 = 1201 Quad]
Actually, that's enough, to see the obvious 'trend' ,
which is , there IS NO END TO THIS DEATH-SPIRAL 'TREND' .
[After 10 Trillion Converted, there were 1372 Trillion left.]
[After 10 Quadrillion Converted, there were 1201 Quad's left.]
So, we can 'project' that after 10 Quintillion more Convert,
there will still be 1051 Quintillion more waiting on line.
extra, Sincerely.
P.S. ; All of the above assumes that the swvx Reverse-Splits ,
and/or Increases in Authorized 'Shares' occur, when required ,
BY CONTRACT LAW.
P.S.S. ; And, assuming that swvc somehow delays BK , forever,
because, Death-Spiral 'Financing' NEVER ENDS, until BK.
P.S.S. ; Don't count on any 'R/S Proxy Vote' letters.
Because, the plan-man UNDILUTABLY OWNS 80% OF ALL VOTES,
Already, and only 50.001% are needed. And, he can even
'vote' himself more, anytime he votes again, all by himself.
Also, the other Converters currently own 18.77% of the
remaining 'votes' , and they don't even need a proxy.
And, ALL of the swvc common 'share'holders, COMBINED, are
only sharing 1.23% of All 'votes' , so they certainly don't
need any 'proxies' . Just a total waste of ~4,000 postage
stamps (each way) + printing + vote counters.
By the way, No 'shareholder notification' is needed to
increase Authorized Shares. Just 'approval' of the swvc
'Board Of Directors' ; which is 2 guys , neither of whom
own ANY swvc COMMON 'SHARES'. [Unless they recently bought
some, just to 'look good' . Or, just to try to hold swvc
above $0.0002 , for a short time. After all, it only costs
~$400 to buy 1 Million swvc common 'shares' Today.]
