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WebTech Wireless Inc WEWWF



GREY:WEWWF - Post by User

Comment by wts2012on Jun 20, 2014 11:56am
214 Views
Post# 22679900

RE:RE:What is going on

RE:RE:What is going on
Their recent press release concerning the city of Mississauga shows how little sales activity is going on this quarter.  This is not new business just and existing customer making use of a new feature.

I doubt the board is going to move any time soon.  The board was put in place by the existing executive team so they scratch each others backs.

The year end earnings for 2013 mentioned in the notes that the company did not expect to be profitable in 2014. So with only two weeks left to sell  product in this quarter I would expect another loss when earnings come out around the first week in August.    Lets see how many more press releases come out about business activities that don't add to the bottom line.
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