RE:No More Money
OutVestR wrote: I was a bit too optimistic on the Something Is Up.
There is NO WAY I will give this company more money.
it's time to sue and sell assets
Sue to get contracts paid out Drag these cash rich non payers through the courts and blast their name over social media. And I know how to do this
Suing someone in the US especially if we have a contract can pay huge dividends.
(Tort law may also be contrasted with contract law, which provides civil remedies after breach of a duty that arises from a contract. Obligations in both tort and criminal law are more fundamental and are imposed regardless of whether the parties have a contract.)
US courts can look at contract law with huge damages
I don't care if these companies never use WEE tools again... they are the reason we are in the position we are in!!
We then sell our huge tax losses for 50% .. a non asset share sale
We sell the technology to people that pay.
All in we may get .50 a share...and get out for good !!
I'll bet paychecks are cashed this month
I will probably stick up a Shareholders website soon and start looking for input . A shareholder vote will be required
This may be done without a receiver. No existing management should be used . Time to move on.
I'm pissed !!
Merry Christmas to you all.
This could be a blessing in disguise
it could finallly be our out.
Why didn't Brett and Brad look into a financing at a low price? Ex. 30 million shares at a dime, could have brought in $3 million. Or did they?
Why didn't operations go into survival mode? Ie., cut all costs to bare minimums (staff layoffs, salary cuts,, etc.) and put everything on hold till payments received. Renegotiate lease, put equipment in storage, etc.
While in survival mode, Brett could have explored other avenues? Waiting for work with huge overhead didn't make sense. Or was WEE lead to believe that work truly was coming?
Only spouting, not sure as to what efforts occurred or are occurring.
Maybe Brett will form a partnership with Wee and another group?
Maybe Brett will be able to salvage some sale?
Maybe Brett will have a Zoom meeting with question and answering?
maybe Kuwait will make a buy for the tech?
Many oil companies may want the technology at firesale?
wtf?
Have no clue as to any progress.
Install another group to take over? Sideline Brett except for technology knowledge?
There are probably other management teams which could finance and lead the company?
SOS!
Rampling a bit too much. Constructive input is welcomed. There are shareholders who may offer a creative solution.
I do wish everyone a Merry Christmas. Health is most important.