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Bullboard - Stock Discussion Forum WebTech Wireless Inc WEWWF

GREY:WEWWF - Post Discussion

WebTech Wireless Inc > Q1 Results
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Post by dpunt32 on May 09, 2014 5:37pm

Q1 Results

weak quarter, disappointing showing no growth, valuation is so cheap that it really did not matter...positive is have bought 2m shares as part of NCIB , does not look like they will be doing acqusitions with cash..so this will sit around here with company buying back stock...need Brazil issue to get resolved before anybody takes this over..once it is I think company is gone
Comment by randeman on May 09, 2014 6:47pm
Did they mention the reverse split? Their results are always the same, between - .01 to +.01. They did say another order came through just after the quarter, so it will reflect next time, as well as another order pending.
Comment by randeman on May 09, 2014 10:00pm
NVM. Got my answer. The reverse split has been approved... https://finance.yahoo.com/news/webtech-wireless-inc-announces-voting-230000976.html
Comment by fountain3 on May 10, 2014 12:12am
When is taking place, do you guys think its a good Idea, how are we going to get this price Moving in the right direction
Comment by uranium08 on May 13, 2014 10:59am
"putting lipstick on a pig" lol google if reverse splits EVER work...lol the only thing that will get this stock to move is if they get rid of the CEO! Anyone that thinks otherwise is being paid off by him. he is what is holding thic company back and just look at his track record. he is a joke in the indistry and everyone is laughing at him behind his back. all in my opinion and ...more  
Comment by fountain3 on May 14, 2014 11:13pm
Good or Bad this transaction, cant get any Eorse can it ????
Comment by wts2012 on May 15, 2014 12:45pm
It can get worse.  The company is wasting money on a share buyback.  You buy shares or investments in things that will have a greater value in the future.  Unfortunately the company has this backwards.  The company was aware it was heading for losses in 2014 as it was stated in the notes of the year end financials for 2013.   Read the complete financials don't ...more