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Westaim Corp V.WED

Alternate Symbol(s):  WEDXF

The Westaim Corporation is an investment company, which specializes in providing long-term capital to businesses operating within the global financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Skyward Specialty, Arena and Arena FINCOs. Skyward Specialty is a diversified specialty property and casualty insurance holding company that underwrites select property, casualty, surety, and accident and health insurance coverages. The Arena FINCOs includes specialty finance companies that purchase fundamentals-based, asset-oriented credit and other investments. Arena Investors operates as an investment manager.


TSXV:WED - Post by User

Bullboard Posts
Comment by MoverShakeron Jun 14, 2006 9:02pm
277 Views
Post# 10990962

RE: Oh, no! WED is rising!

RE: Oh, no! WED is rising!Not sure how many folks here have experience in corporate management and in particular with a technology industries involving both the Japanese and Chinese. Toss in WED need to protect intellectual property and the difficulty of dealing with the Chinese government only scratches the surface of what WED needs to contend with. From a corporate viewpoint, the Japanese corporations (who have a tremendous amount of experience in the electronics field), are always looking for the latest blockbuster technology to give them an edge. The amount they put into WED is not peanuts but it's also not their life savings. Having said this, IMO, if this technology takes off, Sanyo and DNP will very much be part of the ifire future. My knowledge of business in Asia is through a family member who was involved in corporate negotiations when GM first set up shop in Shanghai and the legal implications combined with the language/translation of legal documents would make your head numb. If you can imagine legal documentation in plain english that legal eagles here can twist your words into a knot but try doing that in a language that has no direct english translation. This process is not like making instant coffee and WED is a spec stock... you guys should be able to figure out why the first JV takes time to secure. Please stop complaining and bashing management and your fellow posters here. Management is concerned with everything they need to do to get this technology to the marketplace and holding crying investors hands is not apart of their job description. For those armchair CEO's and presidents here, sit back and sip some koolaid.
Bullboard Posts