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Bullboard - Stock Discussion Forum WebTech Wireless Inc WEWWF

GREY:WEWWF - Post Discussion

WebTech Wireless Inc > not cheap for long
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Post by hiram_key on Aug 17, 2014 9:25pm

not cheap for long

Latest software
Comment by billbarilko on Aug 18, 2014 12:50pm
Can you please provide any reasons for your optimism on WEW? Anything to counter the actual true performance of their own numbers. A 1.1 M restructuring of the R&D??? looks like more blame being passed. "Webtech Wireless Inc. (TSX: T.WEW, Stock Forum) says a $1.1-million restructuring expense related to its research and development operations contributed to a second-quarter net loss of $1 ...more  
Comment by wts2012 on Aug 20, 2014 9:30pm
Here is what has happened. - In June all the developers, and support staff at the Toronto office that were part of the original Interfleet product were let go.  The Toronto staffing levels are at about 20% of what they were 3 years ago.  The staff consists of sales people and project managers. -The new platform that interfleet is related to the Quadrant product.  Support, and ...more