Friday, March 19, 2010 11:37:31 AM
WTCG(.0063) DD Compilation
Read below to see what all the buzz is about and why she will be over .01 by EOD
UPDATE: Someone called CEO last night:
Hey JimmyBob spoke to the CEO of WTCG just now. I contact Wayne allen root at (888) 444-ROOT. He picked up and I spoke to him about how they acquired the 2 websights. I also asked him if they were going to put a PR out about the new changes and he thoght there was a realease already. I told him there has not been one. So he told me that he was going to check into it for me.
Make sure you mark the board ~
BOARD:http://investorshub.advfn.com/boards/board.aspx?board_id=11832
On March 10th, WTCG was pretty much a shell... its stock received little to no attention by the investment community, and it traded between .0013 and the subber range for over 2 years.
That all changed after the close on March 10th, as the company filed an initial company disclosure statement. WTCG received record trading volume and hit a 3 year PPS high of .01 past two trading days!!! Why do companies file these documents with Pink sheets??? Here is the answer: Information required for compliance with the provisions of the Pink Sheets, LLC,
Guidelines for Providing Adequate Current Information
The company is looking to upgrade its status on Pink Sheets! This is usually the first step in many to become a current company on pinksheets. So why would a company file a 15-12g in Oct, which is usually filed by companies looking to save money in auditing and filing costs, only to put together the disclosure statement on March 10th, which included financials!?!?!?!?
Well the obvious answer is there are things in the works. Things that will only add value to WTCG, which before March 10th, really had none.
Here are a couple reasons why I think WTCG is a powder keg, ready to explode to the upside in a huge way.
Acquisition of 1.4 million dollars in assets!! : This alone should send WTCG over .01. One day WTCG has zero assets, next day 1.4 million dollars in assets.....
CEO is a national public figure who is on all the major news networks, has his own books, and was a Vice Presidential candidate of the Libertarian Party. See him on Fox news, CNBC, with Bill Maher, and now with Sarah Palin.
New company business plan: Company intends to expand this into television and other venues and media platforms, generating income through sponsorships and expansion onto other networks, with various media offerings and products featuring Wayne Allyn Root as the Company's spokesperson.
Tight Share structure. Only 90 million float. CEO owns 46 million shares. Trading volume since Oct 2009 is only 28 million shares. Fridays action set a 2 year high in WTCG’s PPS. Should make new highs throughout the week.
Company not planning any type of Reverse split as it starts it’s new business plan: At the present time, the Company does not anticipate that it will effectuate a future stock split, stock dividend, recapitalization, merger, acquisition, spin-off or reorganization.
Tom Gaffney given 5 million restricted shares to serve as a business development advisor. When this was given in Feb, the stock was at .001 which equals 5,000 in compensation. Peanuts IMHO ~ this is a good sign that the PPS is going much higher here. Would be in the best interest of the company, Tom, and the shareholders...
Chart shows little to no resistance above .0065, think we gap above that on Monday and never look back.
I will have much more DD on this one throughout the week. Those items above make this a enough of a compelling story for the stock to break above .01+ IMHO.
Ground floor of stock coming out of a 2 year hiatus, CEO at the helm who is a national public figure, tight share structure, with 1.4 million in newly acquired assets.
Here are the Daily, weekly, and Monthly Charts:
As always, do your own DD folks!!!
- Jimmybob
Read below to see what all the buzz is about and why she will be over .01 by EOD
UPDATE: Someone called CEO last night:
Hey JimmyBob spoke to the CEO of WTCG just now. I contact Wayne allen root at (888) 444-ROOT. He picked up and I spoke to him about how they acquired the 2 websights. I also asked him if they were going to put a PR out about the new changes and he thoght there was a realease already. I told him there has not been one. So he told me that he was going to check into it for me.
Make sure you mark the board ~
BOARD:http://investorshub.advfn.com/boards/board.aspx?board_id=11832
On March 10th, WTCG was pretty much a shell... its stock received little to no attention by the investment community, and it traded between .0013 and the subber range for over 2 years.
That all changed after the close on March 10th, as the company filed an initial company disclosure statement. WTCG received record trading volume and hit a 3 year PPS high of .01 past two trading days!!! Why do companies file these documents with Pink sheets??? Here is the answer: Information required for compliance with the provisions of the Pink Sheets, LLC,
Guidelines for Providing Adequate Current Information
The company is looking to upgrade its status on Pink Sheets! This is usually the first step in many to become a current company on pinksheets. So why would a company file a 15-12g in Oct, which is usually filed by companies looking to save money in auditing and filing costs, only to put together the disclosure statement on March 10th, which included financials!?!?!?!?
Well the obvious answer is there are things in the works. Things that will only add value to WTCG, which before March 10th, really had none.
Here are a couple reasons why I think WTCG is a powder keg, ready to explode to the upside in a huge way.
Acquisition of 1.4 million dollars in assets!! : This alone should send WTCG over .01. One day WTCG has zero assets, next day 1.4 million dollars in assets.....
CEO is a national public figure who is on all the major news networks, has his own books, and was a Vice Presidential candidate of the Libertarian Party. See him on Fox news, CNBC, with Bill Maher, and now with Sarah Palin.
New company business plan: Company intends to expand this into television and other venues and media platforms, generating income through sponsorships and expansion onto other networks, with various media offerings and products featuring Wayne Allyn Root as the Company's spokesperson.
Tight Share structure. Only 90 million float. CEO owns 46 million shares. Trading volume since Oct 2009 is only 28 million shares. Fridays action set a 2 year high in WTCG’s PPS. Should make new highs throughout the week.
Company not planning any type of Reverse split as it starts it’s new business plan: At the present time, the Company does not anticipate that it will effectuate a future stock split, stock dividend, recapitalization, merger, acquisition, spin-off or reorganization.
Tom Gaffney given 5 million restricted shares to serve as a business development advisor. When this was given in Feb, the stock was at .001 which equals 5,000 in compensation. Peanuts IMHO ~ this is a good sign that the PPS is going much higher here. Would be in the best interest of the company, Tom, and the shareholders...
Chart shows little to no resistance above .0065, think we gap above that on Monday and never look back.
I will have much more DD on this one throughout the week. Those items above make this a enough of a compelling story for the stock to break above .01+ IMHO.
Ground floor of stock coming out of a 2 year hiatus, CEO at the helm who is a national public figure, tight share structure, with 1.4 million in newly acquired assets.
Here are the Daily, weekly, and Monthly Charts:
As always, do your own DD folks!!!
- Jimmybob
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