The new copi 10-Q re-proves a few things...
1] Moore's Law applies perfectly to copi ,
since ~all of copi's revenue comes from trying to
sell time on a many-year-old computer program .
So , the retail price per use [= 'call count']
must keep dropping ~50% , every ~18 months .
2] It won't even help copi to try to increase their
retail sales ; because , for every $1 in retail sales ,
copi LOSES ~$1.50 ; as documented in the 10-Q .
{ From page 14 , of the copi 10-Q , Filed 8/14/2009 :
" Results of Operations for the Periods Ended
June 30, 2009 Compared to the Periods Ended June 30, 2008 "
' Loss attributable to common stockholders ,
for the 6 months , ended June 30
2009 ( $895,408 ) = ( 151.8% )
2008 ( $695,531 ) = ( 73.5% ) '
' Loss attributable to common stockholders ,
for the 3 months , ended June 30
2009 ( $411,158 ) = ( 148.0% )
2008 ( $270,706 ) = ( 56.5% ) ' }
3] These losses would be even much worse , if copi did not :
3a] Fire their over-paid + temporary sales 'exec' ;
3b] 'Defer' most of the salaries of their top-2 'execs' ;
3c] 'Defer' over-due interest payments on the "Preferreds" ;
3d] 'Pledge' all of the copi company assets , And the
personal assets of the top 'execs' , to keep barely be able
to obtain super-high-interest + very-short-term loans ,
to try to delay the inevitable BK .
There's much more proof in the 10-Q ; but just the above
is more than enough for the flippers + day-traders , [long
and short] , to re-start profiting from copi ; as the PPS
of the commons re-sinks below 1 penny , within 1-2 months ,
[IOO] ; followed-up by new all-time-lows , after the next
copi 10-Q , in 3 months , re-proves that the accelerating
trend is their permanent friend .
extra , Sincerely .
P.S. ; With special thanks to Dr. Moore ,
for enforcing his Law , for More than 20 years ,
and still arresting 50% of the old-tech cash-burners
every 18 months , using 10-Q speed-bumps , every 3 months .
P.P.S. ; We still can't figure out why copi keeps wasting
any cash by Filing stuff that proves that copi just performs
like the typical always-more-cash-burning pinky ; And , with
the super-typical pink Share Structure , where the commons
can Never Vote On Anything , because the "Preferreds"
own 85++% , and can 'vote' themselves More , overnight ,
WHILE STILL COLLECTING [or accruing 'deferred'] CASH
'DIVIDENDS' [at 15% per year , as we seem to recall ] .
P.P.S. ; Don't forget ;
If copi ever Must try to sell-out , ALL CASH Goes
to 100% pay-off copi's Bills + Lenders , FIRST ;
and then to the 85++% Insider "Preferreds" ,
for their Principal , And their 'deferred' divi's ;
and then to the deferred-salary 'execs' ;
BEFORE 1 PENNY can sink down to Any common copi shareholder .
[ ONLY copi 'execs' (and shorters) benefit from any copi
sell-out 'agreement' , as a 'settlement' to stall a BK . ]
Averaging-Down is profitable for shorters , only [and All pinky/penny CEO's + Brokers + M&M's].