GREY:WSCEE - Post by User
Comment by
grinchon Mar 24, 2005 4:22pm
287 Views
Post# 8808191
RE: Relax
RE: RelaxWell put cerebus.
I rarely write on the bullboards but this group has very intelligent, and sometimes emotional discussion. I have been in this since the cobratek days and have riden through it all.
Lets get some perspective:
1. Stock traded @ 53 cents middle of November and as of right now @ $1.09. I'll take a 100% ROI in 4 months anytime.
2. We have a decent product and R&D projects on the go.
3. Implemented a new management team and are executing on a business plan.
4. We currently trade on the OTCBB. Worst exchange. Valuation means nothing on this exchange. Look at recent trades, stock has greater volatility on a 500 share trade then 10,000 share trade. Love those market makers!!!
5. Note: not a single 144 stock cert has been cashed in. No insiders selling.
To validate what I know which checks & balances to what Andy has shared is as follows:
a) Priority is to get SB10 filed by next week.
b) Final review of info to retail & institutional investors to be completed in the next two weeks. SB10 priority. Need this for moving to bigger exchange.
c) Start promotion
d) Engineering on Pilot plant for Ellyc.
We have no debt, sales are moving ahead, cash in the bank to finance 2005 growth (inventory) and R&D projects. More technology acquisitions to come and a real exchange to trade on. Sounds like a good business plan to me.
You are up 100% since November, enjoy Easter and have a nice drink and lets toast WSCE to a good 2005.
Happy Easter everyone.
G