GREY:WSCEE - Post by User
Comment by
mlucci22on May 04, 2010 8:40am
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Post# 17059528
RE: RE: RE: Confused and Frustrated..
RE: RE: RE: Confused and Frustrated..Teetogrn, I have to disagree. Shareholders do not need to hear more talk. We've been getting talk for over 5 yrs and nothing has materialized.
We need units in the field produceing reveneues. The closest we are to seeing to h2omaxx revenues is Cancen and that is turning out to be a long drawn out thing just like anything else Wescorp has embarked on. The one and only h2omaxx unit they have is supposedly going to Cancen. My guess is Cancen will test the unit on site before they complete the construction of more units. That is just my guess. I know if it were my money, I'd like to see if the unit performs as they say it does to see if it needs any tweaking or modificiations. This is all guesswork on my part and I derive this from the fact that the share price is at its lowest level in 6yrs and we are supposedly on the verge of growth. So the share price tells me that this technology is not close to produceing revenues for quite a while...... OR shareholders and potential investors want to see PROOF that this tech really does work as management leads us all to believe. The latter part brings me back to having units in the field produceing revenues! No! No more talk from management! Shareholders need to see results! Can they show us?????? I suspect they make an announcement of the unit placed at Cancen..... and then we hear nothing about this unit for months. Well, that's what the share price is telling me and that would be typical Wescorp fashion.
As for me, I'm gambling that this tech is real. And I am putting high hopes that R Power will put the right people in place to take this tech to the next level if it actually does what they say it does!