Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum WebTech Wireless Inc WEWWF

GREY:WEWWF - Post Discussion

WebTech Wireless Inc > The Piggies of Webtech
View:
Post by EdmondScott on Jul 03, 2012 4:01pm

The Piggies of Webtech

I realize that Uranium is pulling our collective legs re: Webtech's geniuses - but I took the time to look through their financials for the last several years - it appears that Webtech has NEVER made a profit and management seems to hide behind EBITDA - not a very good way to analyze a company.  What's even more amazing - if Nextbus's considerable profits/cashflow weren't counted, Webtech would be deep deep in the hole.  It feels like WebTech is a criminal enterprise - that it only exists to pay the exorbitant salaries of its execs and the exorbitantly high directors fees.  If capitalism ever falls it will be because of pigs like those at webtech feeding at the trough of greed.
Comment by scanner5 on Jul 04, 2012 7:11am
This outfit has been an investors night mere. This is what you get, if a bean counter is trying to run a company. You do need hands on management to get things done. Amen   SCAN
Comment by morningstar4 on Jul 04, 2012 7:49am
  SCAN, absolutely agree nice salaries and perks for no shareholder value created. This thing was recommended years back again and again as top pick on BNN (formerly ROB TV). What did we end up with? A lame CEO. MS
Comment by uranium08 on Jul 04, 2012 9:10am
come on now, this is a turnaround and these CA's have impeccable track records. google management and their past careers and you may find a record for some of management in their past rapidly rising ascension to the top of this 24M dollar behomoth on the TSX. they are at or near all time lows besause the market just does not understand the value they bring as they have been ...more  
Comment by Outremer on Jul 06, 2012 1:40pm
Your joking of course and I like your ironic approach as it makes one laugh. I remember when the stock was at $6+ ah those were the days when we were trail blazers in the industry and were led by men ! LOL