Thursday, December 18, 2008 2:56:27 PM
to the 4000 previous common 'share'holders ,
[probably 6000+ by now].
And, less than 700 even READ this board.
And, only 1500 HAVE EVER POSTED on this board.
And, more than half of those only POSTED 7 OR FEWER TIMES ,
IN MORE THAN 4 YEARS.
The current float is 'only' ~3 Billion. There are plenty of
uninformed penny/pinky unvesters who would love to brag
about 'owning' 1% of the swxx float [who don't care, or
even know that the Preferreds + CDs Always Own An UNDILUTABLE
~99% OF THE FULLY DILUTEDS]. [So, the 1% floater only really,
and TEMPORARILY 'owns' 0.01% of the CURRENTLY tradeables.]
Anyway, the '1% float owner' only has to buy 30 Million
'shares' , at $0.0001 , which is just $3,000 ; to purchase
his Temporary bragging rights. And, only 100 of those guys
could buy the WHOLE FLOAT. That's JUST 2% of the probably
~5000 current common 'share'holders.
So ; there is No Shortage of Uninformed continuing buyers
of swxx , no matter how many times it Reverses. Only a swxx
BK will EVER stop them. And, the CEO + Family + Friends
Know it , and are Counting on them [and FROM them].
extra , Sincerely .
P.S. ; It's amazing that the longs think it is somehow
'significant' and unexplainable that swxx can Always Keep
Dumping Billions of Newer common 'shares' [until BK] .
Just do some simple 'dd' , and basic math , on the Few Facts
that are actually Known about the swxx Share Structure.
That's why the shorters are still watching , and waiting for
the next swxx Reverse-Split. If TS can evade BK until March,
the shorters will swarm [again], right after the Next Reverse,
and make Another Quick + Riskless 90% , in Less than 2 Weeks,
while All of the current longs are re-Locked out of selling
Any old common 'shares' [again].
Originally , we thought that swvc would be BK by Christmas.
And, it SHOULD be. Except, NOBODY [Except Wells-Fargo] HAS
ANY INCENTIVE TO FORCE swxx INTO BK. Because All of the
Creditors [Preferred + CD holders] would get Zero$ , after
many Years of Paying for their own Lawyers. So, it's much
better for All of the Insiders to just share the NEWEST cash
that KEEPS FLOATING IN from the ~5000 old + averaging-down
longs.
Averaging-down is profitable, for shorters, only.
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM
Oohvie App Update Enhances Women's Health with Telemedicine and Online Scheduling • HLYK • Nov 11, 2024 8:00 AM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM