It was 202+ Billion at 0.0004 swvc = 0.0020 swyv ,,,
So, it would be 2.02+ Trillion when swyv drops to $0.0002 ,
according to the latest SEC 14C Filing by Seaway.
PLUS, the latest 1 Billion Bonus Give-away to the execs ,
which is ALSO Floorless , based on an assumed swyv price
of $0.0015 ; which would re-compute to 7.5 Billion Brand
New Bonus Gifts , when swyv drops to $0.0002 .
And, as the 2+ Trillion try to Convert + Float in , that's
another ~800x Dilution to the current Float ; so , the price
of swyv Must drop by another Factor of ~800 [= Down 99.875%].
So, the Remaining Floorless 2+ Trillion Converters , won't
be done , until they grow up to ~1600 Trillion [ which we
math + physics guys call 1.6 Quadrillion ].
extra, Sincerely
P.S. ; We've Never even seen Any pink ,
that already has Fully Diluteds SOLD , that are
GUARANTEED TO GROW INTO QUADRILLIONS.
Of course there MUST be Reverse-Splits along the way ,
every time the trading price approaches $0.0001 ; otherwise ,
the stock quits trading, and the Converters can't keep
Dumping. Just 2 Reverses , at 1-for-1000 each , would be
most cost-effective. But, none will be necessary , if swyv
can't pay that $800,000 of New Cash to Wells-Fargo , by the
end of this month. And, find more new cash , to keep
covering the daily losses of all of their money-losing
'businesses' . And making interest payments on those
~2 dozen other loans . And more cash to build-out + stock-up
those new planned store-fronts . And more cash , as a
'partner' , to build that wheat-gas bio-chruNCher.
We know of no better current short-flipper than swyv + sw?? ,
except for 2 problems :
1] swyv does not trade enough Dollars per Day.
2] swyv will probably quit trading before Christmas ,
or sooner ; if WF quits bending Banking Rules , and
Not Enforcing its own Contracts ; that clearly specify
The Absolute Minimum Requirements that Seaway MUST MEET ,
BUT NEVER HAS MET , and is less likely to ever meet , as
the months float away.
But, we shorters do appreciate the 'potential business
analyses' , that have kept Seaway trading , by cornvincing
some longs to keep averaging-down , in spite of the above
Facts , which were All Filed With The SEC , By Seaway.
P.S.S. ; What's the rush to reverse + unlock any of the old
swvc common shares ? No holder needs them , except to sell
them ; which they should have done BEFORE the Reverse , if
they ever really planned on selling , near-term. They said
that they were long-termers , holding out for 2-10 cents ,
and we're not quite there yet. And, with the price of Seaway
Down another 80% , just since the Reverse , they should be
buying More of those New swyv all-time-cheapies.
Which they could easily do , even without any of the old
swvc's ever being 20% replaced. Because ;
swyv IS TRADING EVERY DAY. AND,
ANYONE CAN BUY AS MANY AS THEY EVER WANT ,
until it also reverses , or swyv goes BK.
Averaging-down is profitable, for shorters, only.
AI
