InvestorsHub Logo
Followers 20
Posts 1007
Boards Moderated 0
Alias Born 09/18/2006

Re: Drugdoctor post# 46554

Tuesday, 03/03/2009 11:57:11 PM

Tuesday, March 03, 2009 11:57:11 PM

Post# of 119915
copi's future has been easy to predict, profitably,,,
for all shorters, and a few 'lucky' flippers,
and a few fans who communicate Directly with copi execs.

But/since copi Files with the SEC, and keeps proving that
they keep losing money, and running out of cash, with no
longer even a mumble about ever even being profitable ,
or even close to 'cash-flow-neutral' , especially as the
economy crashes ; there is not even any need for 'inside
info' , to Know that copi Must be closer to BK , every day.

copi may be able to delay paying off their $600,000 loan,
for a few months, because the lender Has No Real Choice.
If he demands Full Payment, + 30% Interest , On Time,
According To The Legal Contract, Which Was Filed With The
SEC; copi Must get another even-subber-prime 'loan' , or
File For BK.

In which case, all copi common 'share'holders will get to
share $zero , and probably most of the 'Preferreds' .

The only real question is : When will the first of the big
longs start exiting? There are several who have claimed to
own many Millions of copi common 'shares'. Just the first
'ASAP-at-the-bid' bailer will probably sink the copi common
price by 75+% , [and we quote, from unohu] :

" ... because there has been such thin trading of the stock below .01! "

extra , Sincerely .

P.S. ; We believe that it is deliberately + flagrantly
deceptive to claim that it even matters that copi might
be making a 'gross profit' from VeriSign's sales , which
account for ~90% of All copi 'revenues'.

For at least 3 reasons :

1] copi's UNavoidable Expenses are ~3 Times the cash that
VeriSign dribbles to copi.

2] If VeriSign did not profit First, copi would get $zero.

3] And, [ioo], we believe that VeriSign is just waiting
for copi to go BK ; and have the BK Court 'Award' the copi
software + rights to VeriSign , for the slight cost of
paying off copi's current bills, To Outsiders Only, with
All Commons + 'Preferreds' Getting $zero , and All copi
'exec' salaries being $zeroed-out.

Just watch for a few more months. With the shorters.
We will know that the end has started, as soon as the
daily volume starts increasing. With or without Any
PR's , or Filings , or 'Acquisitions' , or 'News' .
Just the volume-driven down-ticking is All that matters
to the shorters. And if/when copi goes BK , the shorters
don't even have to cover. They just collect 100% profit,
without even a close-out Commission, to Any Broker.

Who knows if copi ever even had a chance Before the economy
tanked? [We never thought so. We think that they just had
to 'go public' , after losing money for 10+ years.] And,
who knows how many $'s the longs have contributed since the
copi IPO ; just to cover copi 'exec' salaries for a few more
years , along with their $12,000 car expenses [each] , and
all other possible expenses + conventions + etcs. We
estimate that the already-spent tab is over $10,000,000 ;
and already fully paid by the longs. There are still ~250
Boardmarkers. So, that's just an average of $16,000 each.

Averaging-Down is profitable for shorters, only [and All pinky CEOs].

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.