TSXV:WEE.H - Post by User
Comment by
himmleron Jan 13, 2018 9:46am
177 Views
Post# 27348790
RE:Question for the veteran investors.
RE:Question for the veteran investors.I'll try to answer some of your questions honestly.And I dont pump stocks.I find that concept silly.First of all my opinions are based on my experience as an investor in Wavefront for over 10 yrs,so it puts me in a catagory different from most here.
Having said all that,I will tell you that Wavefront has over promised and under delivered throughout that entire time...they're original business model was simple...rent the tools to countless oilco's and reap the monthly rental windfall.
It never happened .
We ,as investors were always kept in the dark with so called clients...(they were never named) and the excuse was confidentiiallity.
It all began in Canada with Canadian companies and as far as any of us know...it ended in Canada...so they targetted the US..after a few tears..the end results were the same...
Zero contracts.
So then they went farther south...and thats where we are partially today....
Next they move oversea's to the middle east.
Thats where we are today.
Much has been touted about Wavefronts tech...how wonderfull it works,etc.
As an investor YOU should look at things logically..
If its all so wonderfull as the blind pumpers on this BB would have you believe..
Why as an investor ,do I have to wait over 10YEARS for acceptance???
After more than 15 Years of collecting data for new clients..should we not be accepted yet?We are at a price not seen since over 15YEARS AGO
All I can say is the investing world..along with potential clients..are much more sophisticated than a couple of posters on this BB that post polite pumping,or worse yet interpret tweets as a sign of Wavefronts mass acceptance.
If you want to invest in Wavefront ..go ahead...but 2 things you will see...we are in the 20 cent range for a reason...and secondly..we arent even able to hold a lead.
As for me?..well I was dumb enough to believe the hype all those years ago,and Wavefront hasnt went bankrupt...yet...,so theres always a chance...but its a tax loss for me.
No matter how this turns out.