the shorts are the ONLY ones that have made money here ,,,
and, we are all looking forward to the 1-for-5 R/S ,
and the 9.5 Billion Newest Authorized swvc commons.
They should start dumping out at ~$0.0020 ,
but, the first half-Billion will double the reversed float ,
so the price of swvc common 'shares' should quickly sink
down to $0.0010 , possibly within 1 week [= next week].
Let's check some math.
Those first 500 Million Conversions should float in
at an 'average price' of ~$0.0015 , [as the 'price' of
the Massively Diluting swvX commons sinks from $0.0020 ,
down to $0.0010 ] , for a Grand Total of :
$750,000 = $0.0015 x 500,000,000
Assuming that there are enough still-averaging-down longs ,
who are still playing the plan-man's game, + still have cash.
If so , this is our plan :
1] Longs buy $750,000 'worth' of New swvX , AFAP.
2] Longs can't sell Any old swvc , since the old symbol dies,
As ALWAYS Required, for ANY Reverse-Splitter. [even pinkys]
3] Longs just wait, [probably 1-2 weeks], for their newly
reversed 'shares' , WITH THE NEW SYMBOL , to show up in their
Brokerage Accounts. [Remember, the swvX TA is allowed to
stall for a week. And then, there's the snail mail. And, the
individually slow Brokers.]
4] But, the Converters resume Dumping, ASAP + AFAP + AMAP .
5] And, so do the shorters , who usually get ~25% , in All
very-well-publicized + pre-scheduled reversi's [exactly
like this one].
6] But, the plan-man gets 0% , because he can't print + dump
Any Brand New swvc common 'shares' , until the Converters ,
who gave 'Official Signed Notice' [in accordance with their
Legal Contracts, signed by the plan-man] ARE ALL DONE.
So, here are the Bottom-Lines :
1] $0.00 to the plan-man [who really Needs cash, to pay WF].
2] ~$562,500 [= ~75%] to the Converters,
3] and ~$12+ Million more Floorlesses still waiting on line
4] which will be Converting BELOW $0.0010 , ASAP
5] until the 10 Billion Authorized are All Used Up ,
6] and the 'price' of swvX sinks to Below $0.0001
7] While the shorters split ~$187,500 [= ~25%] , Next Week.
8] And , corntinuing, as the 10 Billion Authorized float in
9] Then, we all wait, for another reversi.
Another 1-for-5 would be just fine. And, the 'Authorized'
would stay at 10 Billion. So, another 8 Billion Floorlesses
could re-start floating in. And, the shorters would just keep
collecting their usual ~25%.
This will corntinue, until the swvXYZ longs run out of cash,
and/or 'decide' to quit averaging-down, and/or swv? goes BK.
[Which the still-waiting + Floorless Converters will Not
'appreciate' , and they will make sure that the plan-man
Personally 'fixes' the mess that he cleverly planned ,
before the Converters start doing the fixin.]
extra, Sincerely.
P.S. ; Personally, we only really care, short-term, about
#7 Above, which provides $187,500 in riskless cash profits
to short-term swvX common 'share' shorters, Next Week.
That's their usual ~25% share, that All of the shorters
must share. We expect a ~30% share, because we are Totally
pre-set+ready, with our sell-short orders already waiting, at
our friendly Brokers, who just need to fill-in the new swvX
post-reversi trading symbol. [btw; 30% x $187,500 = $56,250 ,
minus commissions, and maybe a business trip, to collect.]
