That's most of it. The Class B's had a fatal flaw,,,
that had to be 'fixed' before the deadline.
And, it Was fixed in time, by inventing Class E's,
and TS owns ALL of them. And, there is no more deadline.
Anyone who has a significant [to themselves] long investment
in swvc, should now pay about $500 to a lawyer who
specializes in "Securities Law" . And, ask him to determine :
1] Are the Class E's legal + unchallengeable, as written, Now.
2] If they are ALL Held by 1 guy [as they are, Now], does
that essentially mean that All Common Shareholders own zero.
We do this 'share structure' analysis FIRST. Then we look at
the secondary's, like, debts + dilution + CEO biography +
BoD biographies + profitability [now + future]. Then, lower
level stuff, like business areas + technology/patents
[not for swvc, but certainly for copi] + competition in a
niche market [for copi + wnbd] + poor location [swvc] +
effects of an obvious economic trend [swvc].
We don't care at all about 'Technical Analysis' , especially
for massively diluting pinkys + pennys. Because, "TA" is
based on Real Math, with the Fundamental 'Assumption' that
there is VERY LOW DILUTION [ideally, NO DILUTION].
It is clear that "Scotch" is an amateur in share structure
analysis, at best. And anyone that thinks that swvc's new
Class E's may be 'a good thing' , in Any Way, is 'suspicious'.
Further, the fact that most of the 'talk' here, 'trusts' that
swvc will voluntarily 'fix' the share structure, is also
suspicious. Most of the 'work' at swvc deals with getting
Toxic Debt, and assuring that 1 guy has UNdilutable
ownership of enough Votes, to assure that the same 1 guy
can own All swvc Assets, if/whenever there are any, that
exceed the priority debts [like WF + YA + etc].
For this reason, we [+ many others] send updates to 'those
who are paid to care' , regarding swvc actions + share
structure + known insiders + those who act like insiders.
swvc longs, especially those who buy + hold + 'average down'
have lost way more than $5 Million since swvc's last pump.
We believe that info is being collected regarding several
'outsiders' , who seem to 'specialize' in 'companies'
similar to swvc [like copi + wnbd]. And, those who are
more-than-willing 'helpers'.
extra, Sincerely. But, just IOO, as always.
Except for the Facts, that we use to draw opinions.