sw can't R/S again until 6 months after the last R/S...
So, the Converters just have to keep trying to dump ASAP
at $0.0001 , until the MM's go away , and sw goes No-Bid.
But, there is some hope.
About 4,000 longs already lost ~$40,000,000 ; = $10,000 each.
And, the Converters 'only' need ~$12,000,000 to be paid off.
That's only ~$3,000 more , for each of the original 4,000
longs. We know that it's possible. And, some are even still
trying. Let's get that old long team back to averaging-down.
If they can do it , before sw has to file for BK , sw will
be able to Re-Reverse on ~23 March 2009 ; And if they 'plan'
for a 1-for-10,000 ; they could re-start trading at ~$1 , and
then immediately try to uplift to a higher exchange, maybe.
extra , Sincerely .
P.S. ; IOO , it's the best [+ only] chance for sw ,
and all of its 4,000 old longs , [ and flippers ,
and shorters , and Converters , and Preferreds ,
and the plan man + family + friends ] , + any new guys.
The next swyv 10-Q will probably 'report' ~$20+ Million in
'assets' ; certainly it should be worth another ~$12+ Million
in averaging-down to save those officially-reported assets.
We love companies with bricks + mortars + sales + employees ,
and assets , that always report officially + accurately ,
and on-time , to the SEC. It tends to keep them honest ,
especially when everything they own is anchored in the U.S.A.
Including most of the personally owned assets of All of the
Insiders + execs + fiduciaries. And friends + families that
provided the intrinsunk 'acquisitions' ; and the politicians
who earmarked the start-up 'grants + loans' .
We have noticed that all of the valuable stuff from the NCH
deal has been reversed back to the seller. But, what about
the Hackers Family Heirs , who now own only IOU's from the
plan man [who pays himself an 'exec' salary]. And, all of
those old Scozza family owners , who 'sold' WizeGuys , but
also own only IOU's. And, the Cornell-type lenders , who
really don't expect to lose their investments. They All Must
be paid back , on-time , with Interest ; otherwise , they
will be forced to re-negotiate ; according to their own plans
and methods. While Wells-Fargo , and the Hackers Family will
probably just use the traditional high-priced lawyers , and
the local Courts + Judges.
By the way ; We bet that the ~150 years-old Hackers Family
probably have many more friends+family in No. Country , than
anyone within 100 miles of any sw corporate or personal
friends+family 'asset' [ except the condo in Florida , or
any other stuff that moved away , further south , or east] .
