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Wescorp Energy Inc WSCEE



GREY:WSCEE - Post by User

Post by teetogrnon Apr 24, 2010 4:07am
532 Views
Post# 17027084

Confused and Frustrated.. Am I Alone?

Confused and Frustrated.. Am I Alone?

Is there anybody out there who is having similar thoughts or am I just missing the boat?
This may turn out to be a long read but for those who got the time, please bear with me...  
To those looking to invest realize that this could be an excellent opportunity for you at these share prices, do your own due diligence as the technology seems positive.  This post is merely a long term shareholder looking for clarity.... 
To sum things up, I’m frustrated and confused.  I acknowledge that my frustration and confusion may very well be because I’m focusing on a subset of news releases (ie: i’m not savvy enough to totally understand quarterly and annual filings which may answer a lot of this) so if anybody out there can fill in the blanks for me, please do.  I caution that the following views are mine only based on my own view of things so I reiterate please do your own due diligence.  Having said that, I’m trying to understand why I am perceiving things a certain way so I thought I’d start by looking at the news releases on the company website.  I have enough faith in management to assume that everything that has transpired to date has been for a reason.  But I think the problem is I feel like I’m only getting bits and pieces as per below, so when you stand on the outside and look in it’s tough to understand the big picture.  Years ago I told friends and family about this company and many invested... now I try and change the subject whenever I think it may come up because like me they are three or four times below their purchase price.  And unfortunately, we are too uncomfortable to average down.  If other shareholders feel the same way it might explain why any news releases, even when they seem positive, aren’t getting a lot of traction.
The news releases only go back to January 30, 2007...  good news is that is shortens this post... bad news is it doesn’t give the full picture...
Brooks and Associates chosen for IR firm a couple years ago... I was excited at the time.  I think maybe later they switched to  Renmark.  More recently, Bibicoff + MacInnis chosen for IR firm.  This may be worth getting excited about but it’s difficult to be because previous changes haven’t yielded the desired results.
Navigator Process Management software introduced... seemed like a decent product... I recall there may have been some clients but did it ever take off?
Solution to locate and track oilfield equipment... seemed like a good product at the time and to be honest it still does... is it being used?
IFMWorks... I missed this one... is it still in use?
Excellent results from H20Maxx Independent Testing... excellent news!!  But if I recall correctly we had excellent independent testing results for Flowstar and Ellycrack... so again... tough to get excited about.
Weatherford... exciting from the aspect that it was a reputable company and there was no non-disclosure documents in place so we actually got to hear who the business parter was... is this dead or is it a work in progress?
H20Maxx set up in Kansas for site visits... excellent news!!! Now we are building a mobile unit.  Wouldn’t it have been cheaper to just fly some people out to Kansas... lots of people?  If we just paid to get them out to Kansas over the last few months wouldn’t we be saving a year or so of time and in turn giving ourselves a year or more of an advantage over the competition?
Some posters sounded excited about the fact that it was a reputable company putting together the trailers for the mobile H20Maxx units... again, great news.  But if I remember correctly I was excited a few years ago because a reputable engeineering company was doing the Viscositor upgrades when the unit landed in Canada... what came of that?
Lease agreement for 256 water remediation units... where are we at with this?
Cancen... seems like a positive relationship.  Does this replace Weatherford or complement it?
Flowstar gone... tragic from my point of view... I thought independent studies showed this thing paid for itself within a few months (ie: small foot print, better readings, less site visits).  Didn’t it work on coal bed methane gas sites as well of which there were a ton in Alberta alone... why did we move it to Texas?!  How did this not become a home run?
Viscositor... didn’t this also have excellent independent results?  Wasn’t there a building all ready for it at the research council... what happened?
I think we have the goods... there appears to be depth in the management team... why are we where we are?  What needs to be done so that more are aware about the positive benefits H20Maxx offers? 

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