copi's next 10-Q will drive the price down ,,,
another 50% , as always. Just check the price history charts.
copi's 3rd Quarter ENDS TOMORROW,
without any hint , in many months, that 'revenues'
may have increased, OR , cash burning may have slowed.
In Fact, there is Proof that copi expenses keep Increasing,
with the new 'sales guy' + helpers + 'bankers' + 'IR guys' ,
ALL of whom ADD ~ZERO TO REVENUES , AND BURN CASH FASTER
THAN EVER FOR copi. IOO, there is Zero possibility for copi
to ever have a profit. Even if copi did not have to always
fight Murphy's Law, which Always cuts copi's 'revenues per
call-count' by 50% , EVERY 12-18 MONTHS.
So, we shorters just assume that copi is closer to BK.
Especially since they had to cash-out their LAST + FINAL
super-sub-prime , short-term 'loan' , at 30+% INTEREST .
[Plus 'costs' + 'fees' + options + who knows what else.]
And, the copi execs/Insiders could only get their last + final
super-sub-prime + super-short-term 'loan' , BY 'PLEDGING' ALL
OF THEIR SUPER TOXIC CONVERTIBLE PREFERREDS AS 'COLLATERAL'.
And, those Insider Converters Own 87% of All copi votes
[and 'assets' , like rental liabilities , and out-dated
'patents'] ; so, they could just 'vote' themselves UP to 99+%,
AnyTime it might be worth the trouble. [Like, in a 'buy-out'.]
We shorters still believe that VeriSign is just slow-rolling
copi into BK; as copi keeps burning cash, and running out of
super-sub-prime 'loans'.
IOO , within 1 year, the copi 'execs' will be 'working' for
VeriSign, with short-term 'sweet-deal' Golden Parachutes ,
and All common copi 'shares' , Combined , will not be worth
1 pink penny.
extra, Sincerely. [Just mark this post/poster. And, check
our history/profile. ALL of out favorite shorts are Down
90+% in the last year. Which is no big deal. Because ~All
pinkys/pennys/ponzys crash 90+% per year. It's just S.O.P.]
Averaging-down is profitable, for shorters, only.