Wescorp Energy Inc WSCEE

well isn't this interesting

[goldminegirl]

A few points

The group that has JV'd takes the minority shareholding and does so because they have certain strategic advantages. They would not position themselves like this unless they were confident that their position was worth it to them and that the company they were JVing with had the abilty to carry the ball. Otherwise they would go for control or ignored us completly.

They would not have come to this decision unless they were confident in the company and in the product and that would indcate to me that they have seen  the technology and done their due diligence and they believe that they can make serious money from this association and the technology we bring to the table.

I would also hazard a guess that while certain companies/potential customers have had the technology to use and test (and the company has suffered the slings and arrows of people vexed at the seeming delay) Wescorp has been able to take advantage of having a real life display to take other due diligence seekers to see.
Nothing sells like seeing a full scale real life working application.

And now we wait for more -because there WILL be more.
I refer you back to an earlier post that discussed the reaction of those of us who hold shares right now. How many current shareholders who bought stock at over 25 cents are going to be dumping stock now? How many shareholders who bought stock at 8 to 12 cents are going to bail out just as it looks like the party is starting? More likely both groups are going to cramp up and not be supplying stock to the new buyers and that means a potential for stock price increase as those on the outside try to entice somebody to sell. We should see some standoff days (and may have already) where we see 500 shares traded because buyers and sellers are postioning themselves and little bits of shares as odd lots and leftovers get grabbed at lower price but when those are gone the next step is the staring contest with buyers and sellers waiting to see who blinks first.
And thats where a bit more news can break the stalemate and make the buyers blink.
This is a game where it isnt just the technology its the ability to time the news and the promotion of both product and company and I see Mr. Power in my minds eye as a late night TV marketer saying to the already excited audience  - "But wait there's more!!!"
LOL funny image but potential for some serious benefit for us all.

[stockdom]

Allied has absolutely nothing at risk and if anything they negotiated an insurance policy just in case the maxx tech really performs. My guess is they do about the same as go.com before them and that is wait until a unit is sold to provide direction. You sound very much like a pumper from a year or so ago.

[rxpbrute]

No kidding!  About the time WSCE was gong to save the gulf.

[goldminegirl]

Excellent point rxp. Though it was before I got on board those were heady times indeed. A crisis and an opportunity and Wescorp was not the only company that thought they could make inroads. There were pronouncements every day from companies and individuals who claimed to have the solution. Some even had the backing of movie stars whom we know are vested by their profession to be experts in

[mlucci22]

Goldminegirl, Sounds like you are sold on the technology. So what do you think of wescorp's management?

[pioneer69]

With regards to the Gulf, knowing what I know now, there is no way Wescorp could have mobilized and constructed units quick enough (or at all). However, giving them the benefit of the doubt, I wonder if the Jones Act played any role whatsoever? That door may have been  slammed shut. Not sure. I do recall Rob Power stating recently sea going capabilities have yet to be proven

[goldminegirl]

My first comment about management would be that I have learned from bitter experience that it is way easier to be the person rocking the boat than the person who has to row the boat. Decisions made by capable people to keep things moving forward are not always clear to those of us, whom by virtue of our investment, get to watch them struggle to make us money while we get to criticize them for not

[stockdom]

Sorry to jump in but your statement about racing says it all. "Let’sface it Mario Andretti driving a car with engine problems will not giveyou a true picture of the man's potential as a race car driver butpeople who know him can vouch for his ability."You are absolutely right but the point to take away here is that mario is sharp enough not to knowingly jump into a car with engine