GREY:WSCEE - Post by User
Comment by
bart.barkon Dec 23, 2011 6:11am
357 Views
Post# 19347936
RE: BIG NEWS
RE: BIG NEWS WOOOOOWWWWAAA - BIG NEWS.
Is there a date set for the funeral. Is this the regular update promised by Power. This company just looks worse and wose.
- Massive debt
- Huge salaries and annual bonuses i.e more debt
- CEO quits
- Shareholder action fizzles and then bombs.
- Capital raising fails.
What next:
From here - deep in this pit - not a lot that looks good for shareholders. Likelyt a debt for equity deal - then a capital consolidation back to 3 million shares - and then "an unrelated party" will vend in some other asset - or the board just resigns and that is the END of that............ Given this is OTC and the shell value is - NOT MUCH - the directors will just walk.
Prove us wrong - raise some capital - make this techcnology commerical - make shareholders happy.
Chance of this happening - oh share price is lets see -
0.004 - that looks like value.