TSXV:WEE.H - Post by User
Comment by
5Caraton Oct 06, 2011 10:08am
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
197 Views
Post# 19125117
RE: RE: RE: RE: RE: RE: Imminent deployment by Pem
RE: RE: RE: RE: RE: RE: Imminent deployment by PemWEE has virtually wasted 1 1/2 years with $25 million on its balance sheet acting like a bank investing to earn 1% interest as its patents lose another 1 1/2 years. 1 1/2 years of patent life could be worth a fortune. The market value of the business model has been driven to virtually nothing, net of cash. WEE has shown time and time again that it can't predict industry acceptance, forcasting 1000 installs in 2008, a long list of international clients that it has failed to deliver to this date, and has failed to deliver much in the way of new clients, or the implmentation of its historic backlog, or expansions this year. It may have only delivereed 36 installs in the in 1 1/4 years given the Cantech article. WEE has spent another year losing money, lost the patience of investors, and failed to convince much of industry. It needs to do something.
I wonder if additional options and a raise may provide greater motivation? The CFO and CEO salary has leeway to augment. A healthy income breeds determination. Cheers.