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Wegener Corp WGNR

Wegener Corporation is engaged in digital media management and distribution technologies for digital signage, radio, and television. It designs, manufactures, and distributes satellite communications electronics equipment in the United States and internationally. Its Digital signage manages thousands of screens from a single content management system over satellite or Internet protocol (IP)networks. Its radio satellite or IP delivery to affiliate stations, including centralized management, localized playout, advanced copy splits, and sophisticated verification. The television manages localized campaigns and program insertions from a central location. Its WEGENER iPump professional audio server is an IP/satellite audio distribution platform designed specifically for the radio network. Its professional radio products include iPump 8640 four-channel professional audio server, iPump 8620 two-channel professional audio server, and iPump 8610 single-channel professional audio server.


PINL:WGNR - Post by User

Bullboard Posts
Post by Barrister111on Jun 07, 2021 4:24pm
54 Views
Post# 33342257

Something is happening here

Something is happening hereSome thing is happening here!! 
I just dont understand what and why..
@3 million shares have traded in the last 2 days. 
That is almost 50% of all shares not owned by Novra Technologies.  
Price has gone from 2 cents to 12 cents.
Looks like existing share holders have taken advantage of the demand to get out of the stock.  
There is no rationale for the price to skyrocket as it has. 
Sales average $2.5 million per year and combine last years sales with 2021 sales and you get exactly that.
Novra Technologies has a controling interest in Wegener. 
Wegener carries a lot of debt and if it was not for Novra Technologies, the secured creditor would have liquidated the Company long ago
Bullboard Posts