copi is Not even predicting 'cash-flow-neutral' ,,,
EVER , anymore , like they used to do , last year.
And, this year, copi Must Pay Back that 30++% sub-prime
loan, from Last Year, which Required The 'Pledging' of
All copi 'assets' as 'collateral'. So, copi can't even
borrow any more money to cover copi's guaranteed continuing
forever losses , or even pay back the super-sub-prime loan.
[Fugettabout any copi 'acquisitions' , unless they are more
debt-ridden + cash-losing than copi ; and they get ~$zero
cash , and 'accept' nothing but copi "Preferreds" ; which
are Never worth less than copi common 'shares'.]
And, the only customers for copi's low-tech + easily copied
~only 'product' , are TelAnnoyers , who are going BK faster
than toxic banks [who sometimes may get bail-outs].
And, copi only gets paid from VeriSign , if VeriSign profits.
So , as VeriSign writes-off dead-beat TelaBunkers , copi
takes the total hit. And, VeriSign collects ~90+% of copi's
shrinking 'revenues.
Meanwhile , back at the copi common averaging-down ranch ,
[which Does Not Mention the copi "Preferreds" , who have
ALWAYS OWNED MORE THAN 83% OF ALL copi "Assets" ] :
Volume--Avg Volume---Mkt Cap---O/S Common Float
25,500-----153,400--$700,600---140,119,995
So, the copi common longs still have 140+ Million common
copi 'shares' to try to unload [which ONLY 'OWN' LESS THAN
17% OF copi's 'VOTES' + ALWAYS NEGATIVE ASSETS].
But, the "Average Volume" of copi commons traded per day is
less than 160 Thousand per Trading Day.
Which means , when/if copi files another 10-K , proving that
copi is burning cash faster than ever [as the recession+
grows in the world] , the last remaining copi longs must
rush , to be the first to bail out. How long will that take ?
Well: ~140,000,000 float / 160,000 daily dump = 875 Trade-days
= 3.5 More Years [JUST FOR THE CURRENT COMMONS].
AND THERE ARE AT LEAST 5 TIMES MORE CURRENT copi
"PREFERREDS" ; AND THE "PREFERREDS" ALWAYS GET TO BAIL-OUT
100% BEFORE ANY COMMONS.
But, not even the "Preferreds" will get their unvestment back.
Because , [IOO] , the copi 'execs' will 'vote' to go BK ,
or 'make a deal' to sell out to VeriSign ; where All commons
will get $zero [ABSOLUTELY 100% FOR SURE] , and All Preffys
will get less than 25% of their unvestments back [if lucky] ,
and the 1 or 2 top copi 'execs' may get a very-short-term
'contract' for personal cornsulting , as VeriSign erases All
evidence that copi ever existed.
extra , Sincerely .
P.S. ; Even the shorters have given up on copi. It's not
worth trying to profit from a sinker that barely 'trades'
an average of $500 , less than 250 days per year , and is
always sinking ~90% per year , in common 'share' price ,
And in daily $ 'trading'.
