Thank you sir. And yes these prices are a steal IMO. Congrats

Can someone post a screen shot of L2? tia

F'n unbelievable. We moved 20,000,000 shares with no dilution and we are below 0.0027?.... can anyone post a shot of L2?

Agreed. Very exciting stuff here with incredible potential.

ya mms been shaking out the weak. This is gonna explode soon.

Man, Who was lucky enough to get those 0.0022's!!!!! Nice!

FRZT!!!!!!!!!

GLTA

Someone posted on here a week or so ago that the note(s) are due July 1. I don't know how accurate that is but clearly notes are being converted here for the last few weeks....dilution, as much as it dismays me to write. Gotta average down now and hope for the best.

GLTU

gotcha...ya it wasn't an AON order. I still have it in just in case lol. Go FRZT! GLTA

thanks guys for the info. Any one know why my bid at 0.0024 didnt get filled on that dip to 0.0021? (congrats to whoever got those)

thank you. I wonder who's selling down here?

Had a bid in at 0.0024. Although shares were sold beneath my price I didn't get filled. And my order was not an All or Nothing.

Can anyone tell me who the mms on the ask are? My L2 is down. TIA

Scooped some 9's....lots of promise here...GLTA

Man, I wish they hired you instead of Chan, lol. But seriously you make perfect sense. And yes, it's all about sales and if you want to take it a step further it's about how much of that is actual profit. Which goes back to my point about cost of operation.

Again thank you for your effort and insight and I hope we all make some money here.

Well said and thank you for being pro active in trying to help the company and those of us invested... definitely dismaying that they haven't at least corresponded with you on this. Not a good sign in my opinion.

I was also not thrilled about their operational costs particularly with the fact that they are not generating real sales, they need to trim the fat big time and tap into the big contracts you have mentioned.

GLTU and all

I've read some very well written posts in the recent past dismissing the dilution issue. HERE'S THE FIRST INACCURACY/LIE ABOUT DILUTION: "oh there's not enough volume, if it were dilution they would have dumped a gazillion shares in a day or so"....WRONG. The entity diluting doesn't want the PPS to drop to nothing right? They want to get top price for THEIR FREE SHARES, so its a slow drip but at the same time yes, destroying PPS. I was surprised to see this stay in the 0.02s for as long as it did with BMAK and company unloading shares on a constant

This only has a chance if the company gets profitable and they stop selling shares/taking on loans.....GLTA

Yes and well said. I and others too have pointed out the dilution issue.

Good luck pointing out that dilution has indeed been the current reality here.

Yes as of now they have to sell shares to stay alive. They are operating at a $3,400,000 loss....that's not an small amount to overcome for an already struggling company.

Hope Chan is restructuring their operations and cutting costs where needed in addition to getting their product where it needs to be....

Not gonna happen overnight.

And the plot thickens....lol. BTW that's a $30,000 investment. Not too shabby.

I hear that!!! Apparently she didn't have very many....

Very nicely written....thank you for the detailed response.

Ok good it's not Razz dumping, but some entity is as you acknowledge.

Umm you assume alot when you write that I'm mad...far from it. As I wrote "it's a worth while risk buying in this price range". Of course I know enough about pennies to know anything can happen and I could lose money and not make money...Im comfortable with that risk.

Just throwing ideas around and opening dialogue on other points of view. For example through my prompting you have informed the board of Razz's shares and debunked my accusation. Happy to be wrong! LOL...

Dude it's not retail investors, it's plain ol' dilution or whatever one wants to call it. SOMEONE IS RELEASING NEW SHARES INTO THE MARKET.

No way millions of shares sold from 0.025 to 0.018 is frustrated investors. Bet you alot of these shares is Razz cashing in on whatever "parting gift" WEST has given her. And convertible debt from a loan is a fair guess too....

Why wont some of you embrace reality and stop skirting what's really going on here?

Your perspective is noted and I too have seen folks mistakenly scream dilution when it's not. But I don't think that's the case here.

As observed by others here beside myself, the MMs associated with dilution have been on the ask for a while now, and with hidden blocks of 10,000 (However it may be a good sign that one of them was backed off today, but we will see).

You are right that they have to inform the public but I think that's if they dilute directly themselves (I think) with the dreaded form D (there are other forms too).

If it is convertible debt from a loan than it might have already been mentioned in a previous document that I overlooked. I admit those forms confuse me sometimes. Or perhaps they will mention it in the upcoming Q...

I'm no expert but I think it's pretty clear some entity IS releasing shares. I can't see where these millions of shares are coming from week after week being sold at the lowest PPS...That's not retail investors bailing or shorting...

Hey hope I'm wrong and you're right and PPS flies. I'm long because I like the sector and at these prices I think it's a worth while risk.

Again I hope some time from now we are all bragging about how smart we were to get in WEST now and we are laughing to the bank.

GLTU and ALL

I've never witnessed continuous dilution for such an extended period of time, but I have seen companies dilute on and off for that long and longer, just not continuously.

Dilution kills PPS because the entity selling has free shares to sell at any price because, well, if you sell millions of shares at $0.02 (for example like WEST) the seller makes a nice profit regardless.

Also harder for PPS to recover being there are now more shares in the OS than prior. Simply put too much supply vs. little demand.

Companies dilute because they need money to continue operations being they are not profitable. Usually it comes from convertible debt from a loan (like Southridge among others) although companies can and do dilute directly without a loan to raise capital.

From what I read of the last report, they lost $3,400,000 or so in operational costs...not a good sign for a struggling company. Chan has his work cut out for him.

The PPS is tanking daily because some entity is releasing new shares into the market.It's clear as day. It's called DILUTION as some have pointed out. It could be Southridge converting debt and/or Randazzo selling her shares now that she is leaving (gotta love how these clowns get rewarded for failure at shareholder's expense)

Even if there is positive news, if dilution continues, down she goes. Many companies dilute into positive news btw.

So the question remains, who is this entity and how many more shares do they have to sell...hopefully they are done selling or close to it.

In my opinion this is a long term gamble....

Thank you. i haven't even gotten to the Southridge stuff and I already don't like what I see in regards to their Net losses in 2013.

Operations are a $3,200,000 loss? Really? Wanna bet that figure is mostly the result of obnoxious salaries for am incompetent board of management?

What are the salaries if anyone knows of the top brass of this company?

Do you or anyone on this board want to venture a guess as to who is the entity selling??

Well said. Agreed

No sugar coating. Just stating my position. I don't think this is a one quarter fix btw. I don't expect much in the up coming Q....clock may be ticking but it's gonna take time to fix this...again a gamble for those who have stomach for it...I'm more concerned with the entity responsible for these new shares....

I want to preface this by saying I own shares in this company and have for almost 3 years. I've played it's dips and runs a few times when it was in the 0.25-0.30 range and now have a core position in the 0.02 range. Of course like all of you, I'm hoping Chan and company can turn this ship around and everyone wins big.

I see this as a high risk, long term but hopefully big reward situation. It's a sector with many possibilities and getting in on the ground floor of a company that we all hope will turn itself around could prove wise...time will tell.

Having said that, our current situation in terms of the stock price seems to me that we have the usual suspects (MMs BKRT, VNDM) with hidden blocks on the ask, a clear sign that new shares are being sold into the market place and as a technical trader, I'm not crazy about the fact RSI hasn't even reached OVERSOLD status yet, which could mean we have lower still to go.

None of my negative criticism is meant to bash, I hope in the future I am writing about how smart we all were for getting in now. Just keeping it real.

Best to all

Why are you guys ignoring what is realty? Some entity, whether through debt conversion or perhaps even Randazzo!#$% (whatever her name is) selling her shares....BUT THESE ARE ALL FORMS OF DILUTION and is evident that is indeed what is going on here...the release of new shares sold into the market/

Again the MMs associated with dilution have been on the ask now for at least 2 weeks selling causing our new 52 week low (breaking previous support in the low 0.02s)

Many companies dilute into news and Qs as I'm sure everyone who has gambled on these penny stocks has painfully experienced..

Again the question is who is the source of these newly released shares and how many more shares are they going to be releasing into the market place....

Some entity has been/is converting debt, dumping shares into the O/S hence the price drop. As someone else on this board noted, the MMs associated with dilution are also on the ask. Question is how many more shares are they going to dump.

AGREED! FRZT!

Nice!!!!!! congrats!

Who was lucky enuf to get those 0.0078s? Jealous.....

In at 0.0008 seems like this has potential.

Nite plays these games on all stocks. Always short, always putting up ask blocks to stop runs or intimidate people. And when there is low volumes Nite really puts the hammer down. Can't wait to put the hammer down on him....

Until VNDM and VFIN get off the ask this will languish at this level..seems convertable debt or something IMO.

NITE does this in every penny stock I've ever watched. Clearly he represents shorts or is some kind of shorting entity....absolutely hate that MM.

Keep the pressure on NITE make him chase!!! Can't ya smell his fear?

If no one sells to NITE on bid this thing goes beyond. He is constantly trying to accumulate shares on bid and throws them right back an uptick higher on ask to keep PPS down. DON'T SELL TO HIM!