TSXV:WEE.H - Post by User
Comment by
BenVest99on Oct 14, 2010 8:27pm
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Post# 17566847
RE: BTV Features Wavefront...
RE: BTV Features Wavefront...Very interesting promotional video. The target audience is clearly the average Joe investor who doesn't know WEE yet. Nothing technical and everything is kept very simple.
This won't hurt, but what will really move the stock and keep it going in the right direction are results, sells and cash flows. So I hope that they spent at least twice as much money for a video intented for decision makers in the oil industry.
One interesting point that caught my attention in this video is the fact that the insider well known for his chronical share dumping actually expresses that he's confident that the near future will be bright for Powerwave : "... Powerwave is in that sweet spot. With our doubling of revenues it gives us confidence that we are moving closer and closer to that thicking point where it gets mass commercialization." Combine that with the goal set by the CEO to build a $1 billion company (about $11 / share using a count of 90 million shares), it would be a tough blow to management's credibility if insiders still dump shares now and get more cheap options the next time around. You have to put your money where your mouth is ,especially when you're a director of a company. Otherwise, this video will only look like it is part of a pumd and dump operation and that won't please the big investors. Sprott already sent his moppet on TV to send his warning, so I hope the message has been heard and well understood and that people will act accordingly.
Confidence is now getting back slowly in this stock and hopefuly the good news will keep coming.
GLTA