The confusion regarding the copi Non-Contract ,,,
is insignificant ; compared to the pretending that
the copi ~87% Convertible Preferreds don't count ;
even though they are Reported to the SEC , by copi.
And, the constant predicting of when copi might ever
make a profit , even though even copi quit predicting
that they would ever even be 'cash-flow-neutral' .
extra , Sincerely .
P.S. ; But, most important to shorters, is the 'trend' ,
that is reconfirmed with every copi Quarterly Report to
the SEC , that the 'Revenue per Call-Count' keeps dropping ,
as observed by Intel , [30+ years ago] , and so consistent ,
that it was named "Moore's Law". And, it only related to
the Retail Selling Price of Fully Computerized Hardware +/or
Software 'Services'. But, in copi's case , there are 2 extra
layers of ~fixed labor costs , that multiply the decrease in
copi cash-flow per call-count. First, by VeriSign , and then
by the copi burden. And, when VeriSign signs a Contract with
any 'distributor' , there is even another 'multiplier' of
the decrease in cash-flow to copi , per call-count. And,
all of this in the face of a Multi-Year World-Wide Recession ,
[or worse] ; while copi must pay back those 30+% Interest
Loans , next year. And, all of the execs 'Preferreds' are
already pledged as collateral. 2009 will be have to be much
more 'creative' for copi. Shorters expect massive dilution
of the commons ; but, we could be wrong. We thought that we
were once wrong in the past ; but, we were misteaken.
GLTA + HAPPY THANKSGIVING + etc.
Averaging-down is profitable, for shorters, only.
