RE: RE: Re no earningsRetsina - you did very well and congratulations.
Perhaps I should have said "misinformed" speculators - I think you can agree that buying shares of this company at the elevated levels it achieved made very little sense. Many people read the stock summary pages for information - you will notice they still list WRG as having 32.25 million shares and a current market cap of 9.67 million.
To say the total number of shares outstanding does not matter is not correct. Depending on how many of the warrants have been exercised WRG probably has +/- 183 million shares outstanding.
At
.30/share you could say the management team is worth upwards of 60 million - and perhaps that is fair - who knows. It appears the existing business is worth very little.