TSXV:WEE.H - Post by User
Post by
wittmannon Mar 29, 2019 8:43am
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Post# 29552856
News release
News releaseDigitels repost recaps what we alreadt know..however appealing to Berger may prove fruitless.As a large shareholder he may be in a blackout as would be management as well during a strategic situation.As a business everyone here has to remember WzEE has no money...so..if big contracts were to be announced Wavefront would need cash...right?.And since a few here seem to think the Saudis are the place to be,it's almost impossible to assume a Canadian bank would lend them money to invest in the middle East.with it's dubious track record.No Canadian bank likes doing business there.So it leaves raising capital through private equity...and with Wavefront ,and it's history that's not easy.Theres always hope of course..hence strategic options...but there's just too many unknowns.Investors don't like unknowns...that's the only reason I see it at 14 cents.
BTW...I consider it rather amateurish at best to call a shareholder for an opinion..on an anonymous BB,by an anonymous poster,to a person that can or cannot be who you think it is.There is no security on Stockhouse,some will argue zero credibility too.,and as such no definitive proof that any answer from Berger is actually him.Its been said here recently ,that anyone that invests based on what they read on Stockhouse may be making a big mistake.DD must be done on ones own...always.