Wavefront Technology Solutions Inc V.WEE.H

press release summary

[fluvius]

Yes we have had a flurry of PRs about on-boarding customers and the market seems to sense big orders to come.  One PR that got a little overlooked was the one on the M$ 12 credit line.  For WEE to fulfill a purchase order from a reputable company, WEE needs cash on hand, otherwise a reputable customer would not place an order with them.  In most biz transactions you should show between 10 to 25 % of the value of the order as liquidity.  Would you do business with a builder for a 2 million $ home, if that builder has no cash-flow and no credit?   So for me, that Wavefront made a deal to have access to M$ 12 in liquidity is a sign that they are expecting very big things to come -  very BIG.

[gojotv!]

There's an interesting wrinkle in the Alumina deal - one which gives current investors a say in the value of the agreement. As the price of the offering is determined by the market, it behooves investors to value our own stock and sell high, or it will be badly diluted. At $0.35/share, $12M would buy just over 34 Million shares, which would represent a huge chunk of our share float. KInd of