Replies to post #25934 on Seaniemac International Ltd (fka BETS)

[Chimaera1950]

Can you prove these "facts", please?

[Drugdoctor]

Absolutely false info posted by extra - we have asked for any proof of these allegations and none has been provided.. re


"copy is Not quite 'full disclosing' ...

They 'forgot' to post the total text of their latest 3
toxic 'Preferred' deals, and who knows how many other
deals + things."

Total text is in the SEC filings and links are posted in the I-box!!!!! And have been ever since the filings were made!

And, they forgot to post the news about the conversion
of those 7x-sweet "Preferred" deals.

The Preferred shares were just sold to accredited investors. They have 6 months restrictions before they could be sold anyway...
They have NOT been converted!!!!!!, or there would be SEC filings. COPI, being one of the the most ethical companies on the OTCBB, that administers FTC and SEC compliance with the United States Government regulations passed by the U.S. House of Represenatives and the U.S. Senate, and signed into law by President Bush, and now by the Government of Australia, Inida, and the Phillipines, and run through the servers and networks of Internet Security giant VeriSign, is absolute the highest of ethical companies...

The allegations posted here border on libel, imo!

[MinnieM]

COPI...
extra...I'll repost my previous reply to you.

COPI...

Hello extra...I've just finished reading all of your posts on COPI and have a question for you.

1. If in fact, you are part of a large hedge fund that is about to short COPI, why would you talk it down now? Wouldn't it make better sense to simply stay quiet until after the stock pops and the short is acquired?

Regarding preferred shares:

The shares weren't given away to its best insider friends.

1. 44% (Serial A Preferred)of them were sold at $1 per share to accredited investors in exchange for cash.

The definition of an accredited investor can be found here:
http://www.sec.gov/answers/accred.htm

Most people I know that buy preferred shares are in to hold the stock long term. They generally aren't the type to convert and sell for pennies asap.

2. 22% (Serial B Preferred)were sold to 2 affiliates at a price of $1 per share in exchange for cancellation of debt. I doubt these two individuals are going to dump their shares anytime soon. They lent the money because they believed in the company when it was very risky to do so. They'll want to stick around and reap the benefits.

3. 33% (Serial C Preferred)were sold to six persons and entities, including 3 affiliates of the company for a share price of $1 per share in exchange for cancellation of debt.

The entity recieving shares here is the only one that may sell off shares anytime soon. And, they only hold a % of 33% of the outstanding preferred shares.

The bottom line is that most of the preferred shares are in hands of affiliates that are fully aware of the long term potential and aren't in desperate straits to sell. The entity that originally loaned money also knows what they are holding and I doubt they will convert and sell right away.

It is possible they will convert, but to hold, not sell. They will make much more money years down the road rather than selling now.

Btw, no stock goes straight up or down. We can have opposite positions and still be green. It's all a matter of entry and exit points. ;) I just feel being short is a bit of a gamble here unless it is a quick flip. The overall trend is up. Don't buck the trend for the long haul on a growing company like this.

Please don't forget to answer my question from up top.

I wish you the best of luck in your trading, as I'm sure you wish me luck. ;)