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Re: dirkv post# 9028

Wednesday, 10/15/2014 9:00:11 PM

Wednesday, October 15, 2014 9:00:11 PM

Post# of 10143
Re: WH

It's probably a zero. No financial statements since 12/31/12. Most of the Directors resigned.

It looks to me like all of the Chinese assets are gone.

They sold the US operation in 2012 - where did the cash end up?

They have assets in Thailand, but I don't see any detailed valuation. And they have debt in Thailand too.

It might be a zero because all the money and value is gone. It might be a zero because there was money but the CEO took it. If there was value remaining then maybe some of these directors would have stayed.

For some reason they are still making occasional SEC filings so maybe it's not a zero.

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