Water Ways Technologies Inc WWTIF

Man this keeps getting hammered

[Pocketfulofhope]

Market not liking this water play.

[Tslayer]

Waiting for year end financials to be posted but based on quarterly fins, I would be surprised if they hit $7.5m in 2023. They did $10.8m in 2022. I would think this will drive SP down to $0.015 - $$0.02 for the next 2-3 months. The only thing that might help is to turn a profit in 2023. It wouldn't be large, maybe $250k but if they take a loss in 2023 combined with a drop in revenue, it's

[Castortroy2020]

Damn.... I am way under water almost 90% down on this one... Not sure should I try to average it down or just leave it like that. Any of you guys trying to average down?

[Tslayer]

I would stand pat. The proposed RS is the wild card. If that was off the table, I would be buying and buying at $0.035 and $0.04. Business concept is good and they are selling worldwide. They lost slot of business in Eastwrn bloc countries when Putin went over the edge. Concentrating efforts in Canada and US but it takes time.  They do a RS at 1:300 and your average cost is above $0.10 and

[Possibleidiot01]

I sold because the company I invested in changed their business model. The company , whose promise I bought into was a multi continent play , with some risk selling to customers around the world- China , Kazakhstan, Peru, Ethopia, Uzbekistan etc.. Keep in mind this is company is based in Israel. While the move to a North American business makes sense , especially with the conflict in the world