"cash flow neutral" projections re-appear in the filings ,,,
every time copi re-files another unaudited 10-Q.
And, "the business plan is intact, and Dean has always
delivered on his business plan... if not right away..."
And, the business plan is still to 'eventually be cash
flow neutral' ; Maybe next year , as projected last year.
And, for the last 9 previous years.
But , next year , things could be quite different. The Two
30+% Interest , Very-Short-Term Loans will be all used up.
[We should see evidence of that in the next 10-Q.]
And, next year , copi EVEN HAS TO PAY THEM BOTH BACK ;
100% Principal + 30% Interest. Can copi possibly find any
other 'lender' ? Even at 50+% Interest ? In a Recession ?
If not ; it's probably back to trying to print + sell
more new common shares ; To pay back the 30+% loans ,
and to cover the ~10 Year Old Not Nearly 'cash flow neutral'
bookkeeping problem.
And, the cash-burn-rate is now much increased , with those
new sales 'execs' now charging full-time , for full
Quarters , plus , their extra new salesmen 'expenses' ,
plus secretaries , plus etc's , while often 'on the road'
at 'TeleMarketer Conventions' . [See previous analyses.]
By the way ; Did the new sales 'execs' all also get the
usual $1000 per month lease-cars , like all of the previous
copi execs ?
extra, Sincerely.
P.S. ; Those new copi salesmen have a tough job. According
to Moore's Law , THEY MUST DOUBLE copi's CALL COUNTS EVERY
~18 MONTHS , JUST TO KEEP copi REVENUES FROM DROPPING. If
they could really double any company's widget sales , every
18 months ; they should start their Own New Company , selling
anything that does Not sell for 50% Less , every ~18 months.
We can hardly wait to see how copi did last Quarter , as
should be reported in the next copi 10-Q , in ~3 weeks.
Also , we noticed that a recent copi ~PR re-mentioned those
6 Billion 'perfect call counts' with ~zero failures. But ,
they never showed up as 'revenues'. And, with no explanation.
We still think that they were 'internal' + unpaid tests , to
convince VeriSign to take a risk on copi. So far, so good,
for VeriSign. And, we still think that VeriSign is squeezing
copi into a sell-out. Where copi 'Preferreds' are partially
paid-off ; and copi Top-'execs' get a few extra 'parachutes' ,
while All copi common 'share'holders get to share ~$zero.
Anyway ; We should all have some better Real Info , if copi
has to File another Audited 10-K , after copi's next 10-Q.
Meanwhile ; We all eagerly await copi's next , and [IOO]
probably last 10-Q , before VeriSign submits a low-ball
'buy-out' to the copi 'Preferred' Insiders , who Always
'own' at least 83+% of All 'votes'. Unless , copi longs
can average-down fast enough to keep covering copi's
cash-flow-negatives , via new common 'share' absorption.
We all hope that the copi longs can keep copi floating ,
for as long as possible. Let's all keep rolling. +GLTA.
Averaging-down is profitable, for shorters, only.
AI
