GREY:WEWWF - Post by User
Comment by
billbarilkoon Aug 18, 2014 12:50pm
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Post# 22852231
RE:not cheap for long
RE:not cheap for longCan you please provide any reasons for your optimism on WEW? Anything to counter the actual true performance of their own numbers. A 1.1 M restructuring of the R&D??? looks like more blame being passed. "Webtech Wireless Inc. (TSX: T.WEW, Stock Forum) says a $1.1-million restructuring expense related to its research and development operations contributed to a second-quarter net loss of $1.6 million or eight cents per share at the Vancouver-based telematics company. Revenue from continuing operations was down 13.5 per cent to $7 million."