WebTech Wireless Inc WEWWF

The Piggies of Webtech

[EdmondScott]

I realize that Uranium is pulling our collective legs re: Webtech's geniuses - but I took the time to look through their financials for the last several years - it appears that Webtech has NEVER made a profit and management seems to hide behind EBITDA - not a very good way to analyze a company.  What's even more amazing - if Nextbus's considerable profits/cashflow weren't counted, Webtech would be deep deep in the hole.  It feels like WebTech is a criminal enterprise - that it only exists to pay the exorbitant salaries of its execs and the exorbitantly high directors fees.  If capitalism ever falls it will be because of pigs like those at webtech feeding at the trough of greed.