GREY:WSCEE - Post by User
Comment by
otcmoonboundon Apr 18, 2006 3:17pm
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Post# 10705033
I want to know
I want to know1. Why are sales are DOWN sequentially?
Q3 Sales: $638k
Q4 Sales: $633k
Why is the company taking on debt at 14% interest and issuing warrants and shares left and right when they have stock worth $4.5m of an UNRELATED company? Synenco is a nice company and it's done fabulously well for shareholders, but the trade is done. It has nothing to do with the Wescorp's core business. Sorry, but there is no SYNergy.
3. What is the status of the 1.9m related-party loan from AHC?
4. There better be a good explanation for these share issuance penalties.
Certainly, the big picture is Flowstar and Ellycrack, but you really have to wonder whether management can pull it off given what has transpired.