A few Real DD Facts about this 'scam' ...
1] There was no CEO scam. Everything was Filed with the SEC.
2] But, there was plenty of deception. Almost all by those
who deliberately + quickly erased Facts about Seaway's
Guaranteed Failure. Many tried to expose Seaway , some for
more than a year. The real culprits are the erasers , and
their fans. [Guess who we would sue; if we wanted to have
any chance of collecting more than the cost to sue.]
And, they are all still busy ; mostly on even worse scams ,
that don't even File Anything with the SEC , or any Facts
at all. Just 'hopeful' + 'plans' PR's ; which are Not Quite
Illegal ; But ARE HUGE RED FLAGS that the 'company' is a
guaranteed scam. [Shorters know, and follow the profiles
of those 'outsider' helpers , who always find the most
shortly profitable scams , as they begin permanent crashes ,
RIGHT AFTER THEIR 1-TIME-ONLY ~10X PUMP.] [Just check our
recent non-Seaway posts, for 2 more shortly profitable scams,
with the same fans that used to fan here.]
3] The CEO was a 95% Perfect 'Fiduciary' ; because , 95%
of his shareholders are Making Big Money. They were smart
enough to know to Only Accept/Buy UNdilutable 'Preferreds' ,
in Any 'company' with Floorless Toxic CD's . And, they all
already profited by dumping money-losing 'companies' , PLUS
ALL OF THEIR OLD DEBTS , into the Seaways. The CEO will
Never Lose a 'Fiduciary' [or any other] common 'share'holder
Lawsuit , ESPECIALLY IN DELAWARE. And, the 'class' will not
only pay their own lawyer , but, also, All of Seaway's costs
to bat away such frivolous lawsuits.
4] The biggest losers are those CD Holders , who are still
owed ~$12 Million , Floorlessly ; that they will Never be
able to sell into the float. They could Convert Anytime that
there are remaining Authorized Shares ; but never will ,
unless they can IMMEDIATELY DUMP the commons that they get
stuck with , And , without their dump IMMEDIATELY CRASHING
the trading price.
5] Those ~$12 Million will keep trying to dump until swxx
goes BK ; while the trading 'price' keeps crashing ; with
more Reverse-Splits , as needed , every time the price sinks
to $0.0001 + below. It's unbelievable that anyone would buy
a common 'share' , at Any price. Similarly, it's unbelievable
that any long would not sell 100% , ASAP ; unless the total
selling price is less than the commissions to sell all. Even
with 5 Million long 'shares' , AFTER the Reverse Split. That's
~$1,000 Today [= $0.0002 x 5 Million]. The next Reverse will
probably be 1-for-1000 , within 1 month. And, the Re-Reversed
pile will be 5000 'shares' ; re-crashing to below $0.0010 ,
within 1 week , for a total 'value' of $5 ; which is way less
than a Discount Broker's Commission.
There are many more DD Facts. Maybe later, if necessary,
but only if possible. We still expect BK by Christmas ,
or, early November , if Wells-Fargo forecloses.
extra, Sincerely.
P.S. ; We still expect more profits from trading Seaways.
And, it's quick + riskless , with 90% profit in ~1 week.
Just short the newer sw-whatever 'shares' , as soon as they
start trading , IMMEDIATELY AFTER THE NEXT REVERSE-SPLIT ;
and then cover after 90% profit. And then wait for the next
Reverse-Split , and keep repeating , until sw goes BK.
By the way; when shorting, we cover Every Day , and then
re-short the next day [and for more shares] if the crash
is continuing. We are Never short [or long] in Any flaky
stock overnight.
AI
