Tuesday, December 16, 2008 6:16:16 PM
the last Reversi. So, swyv is ~NoBid/$0.0001 until
March 22, 2009 At The Very Soonest.
Assuming that they can evade BK after the Christmas rush ;
which is unlikely , but possible. Since Any creditor that
would try to force swyv into BK , would have to pay cash ,
up front , to their lawyers ; and keep paying , for years ,
and most likely , eventually collect $zero.
The most likely to foreclose is WellsFargo , with their
Air-Tight Contract , and team of Full-Time-Employee Lawyers.
The Hackers Family is obviously toasted. They have no reason
to ever try to get their Money-Loosing Micro-Chain back.
They were lucky to unload it , with its debts.
But , we don't expect the CD-stuckees to go away , without
explaining 'the real world' to Every Member Of The 'Family'.
There are plenty of could-be-headless horses in No.Country.
Finally , for the common longs + averaging-downers. They
may waste more cash by hiring lawyers [who will demand
hefty retainers , and constant re-fills , to Never lose
1 pink penny] ; But , the longs will Never collect Anything ,
Before EVERYONE 'AHEAD' OF THEM IS 100% FULLY PAID OFF ,
PLUS INTEREST , PLUS EXPENSES , PLUS THEIR LAWYER FEES ,
PLUS COURT COSTS , etc's.
extra , Sincerely .
P.S. ; The only 'value' of sw-etc to longs , is as a learning
experience. To never unvest in pinks and/or pink-likes.
[Except as a day-trader shorter.] Our experience shows that
less than 20% of the longs will realize that 99+% of All
pinks + pennys are scams ; no matter if they File , or have
'experienced/honest' management , or bricks&mortar , or
'great PRs' , or iBoxes full of 'dd' , or CEO's who return
phone calls or eMails. So, we just continue following the
other ~80% , via their profiles , to their 'new finds' ,
when their old favorites flatline at $0.0001 , and can't
even Reverse-Split.
GLTA. And, better luck next time.
We'll see most of y'all shortly.
Averaging-down is profitable, for shorters, only.
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