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Rent time again... PR released just like clockwork....
who releases a PR about an incompetent CEO travelling somewhwere to hook up some gizmo at a RESEARCH facility.
a RESEARCH facility....that means no money generated for wtwo, just another LOI, term sheet,etc,
These are terms that McLaren is very familiar with, and terms that incompetence generates ...lol ...
wtwo 's got 10000 LOIs, no sales, no cash, a ton of debt, questionable potential, and a paper seller for the CEO, and no way out...lol
What that really means to Arise, imo, is this:
let's try this gizmo, see if it works, If it does, then go back and fix/customize it for me, and maybe I 'll buy one. That'll take another six months
wtwo needs to hire sales ppl, get a real LEADER at the top,
stop seling shares to survive, be considerate of your investors
nnaaaww... that'll never happen
aj
Seriously? how about a CEO that has some credibility. This CEO has done nothing to make wtwo anywhere near profitable. Quite the opposite in fact
Don't y'all agree that any CEO should be, and would be fired, if, after 15 consecutive years, that company was still unprofitable,
still selling shares to survive, and headed in all directions, but the right one.
Opinions about the CEO's ability are welcomed...lol
Would'nt a CEO that had any integrity, or one who wanted to display his CEO skills, have moved on to another company to persue his upwardly mobile carreer?
makes sense to me...
Who would hire McLaren in 2011?
If you saw his 15 year resume of futility with wtwo, would you?
no way I say.. nobody will hire this guy
That's why he's still the ceo of wtwo... nobody wants a loser
What has he been doing for wtwo and it's shareholders....seriously tho, nothing but fluff PRs, LOIs, Term Sheets, Technical mumbojumbo, golf carts...on and on
wtwo, lol ....Jack of all trades, and master of none
Maybe the road to profitability is to produce revenue by selling shares, under the guidance of the CEO. That what he's an expert at, not guiding a company to profitability
imho ajja
This one may get deleted...let's see
I'll say it... TIMMMBBBBERRRR !!!. ... The pump didn't work, even tho' they brought in the whole team of 'optimistic posters'....lol
IMO
aJJa
Wish i had some of what you are smoking...Here are the FACTS, directly from the company not wishful thinkingof optimistic sharholders....
WTWO, the Company does not have significant cash or other current assets, nor does it have an established source of
revenues sufficient to cover its operating costs and to allow it to continue as a going concern. In the interim the Company expects to raise operating capital primarily through the sale of its common stock.
In WTWO's opinion, not mine.
If the Company sez it's so, who are you to say it isn't so
How can you predict a a pps of .01 when McLaren sez they got no sales, no revenue, and will be dilluting to pay the rent?
Important WTWO info from the comapny
The Company does not have significant cash or other current assets, nor does it have an established source of
revenues sufficient to cover its operating costs and to allow it to continue as a going concern. In
the interim the Company expects to raise operating capital primarily through the sale of its
common stock.
During the quarter ended March 31, 2011 the Company issued
3,000,000 shares of preferred stock as payment for the issuance of RTN Machining, Inc.Common Stock Issuances – During the quarter ended March 31, 2011 the Company issued
31,437,908 shares of common stock for cash at an average price of $0.002 per share, resulting in
total cash proceeds of $62,876. Additionally, the Company issued 59,250,000 common shares as
payment for services rendered
Now we know who's been diluting...Thanks McLaren
Read the horrible financials b4 predicting pennyland... lol
Note the incompententcy of the wtwo CEO, Mike McLaren
Development Stage Company ….
The accompanying financial statements have been prepared by the Company without audit.
NOTE 2 - GOING CONCERNThe Company does not have significant cash or other current assets, nor does it have an established source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern.
In the interim the Company expects to raise operating capital primarily through the sale of its common stock.The ability of the Company to continue as a going concern is dependent upon its ability to
successfully accomplish the plan described in the preceding paragraph
NOTE 3 - SIGNIFICANT EVENTS
Preferred Stock Issuance – During the quarter ended March 31, 2011 the Company issued
3,000,000 shares of preferred stock as payment for the issuance of RTN Machining, Inc.Common Stock Issuances – During the quarter ended March 31, 2011 the Company issued
31,437,908 shares of common stock for cash at an average price of $0.002 per share, resulting in
total cash proceeds of $62,876. Additionally, the Company issued 59,250,000 common shares as
payment for services rendered. These shares were valued at $0.002 per share, resulting in an
aggregate value of $118,500. The Company also issued 6,525,500 shares of common stock in
order to acquire various subsidiaries and related intangible assets. These shares were valued at
$0.002 per share, for an aggregate cost of $13,051.
Formation of W2 Hydrokinetics Subsidiary – During the year ended December 31, 2010 the
Company formed W2 Hydrokinetics, Inc. for the purpose of bringing to market various products
and services derived from certain acquired patents relating to a Hydrokinetic Electric Power
Generating System. As of March 31, 2011 W2 Hydrokinetics has zero assets and zero liabilities.
Acquisition of Free Drive EV, Inc. – During the year ended December 31, 2010 the Company
acquired Free Drive EV, Inc. (“Free Drive”) through the issuance of common stock to the
shareholders of Free DriveThrough the year ended December 31, 2008, we did not generate any revenues from any of our
technologies. Our development plan is to enter into joint venture relationship and strategic partnerships with third
parties to help develop these technologies
To date, we have for the three months ended March 31, 2011, compared to
We had a net loss of $224,556 for the three-month period ended March 31, 2011, compared to a net loss of
$92,769 for the corresponding period of 2010. Our net loss for the period from October 1, 1992 (inception) through
March 31, 2011 was $20,784,791.Liquidity and Capital Resources
Introduction
As of March 31, 2011, we had total current assets of $194,790 and total current liabilities of
$1,317,325. During the period from October 1, 1992 (inception) through March 31, 2011, we incurred a net loss of
$20,784,791.
Our ability to continue as a going concern on a long-term basis is dependent upon our ability to generate
sufficient cash flows
Although we have been mildly successful in the past in raising capital, no assurance can be given that sources
of financing will continue to be available and/or that demand for our equity/debt instruments will be sufficient to meet
our capital needs.
To the extent that we raise additional capital through the sale of equity or convertible debt securities, dilution
of the interests of existing shareholders may occur. If we raise additional funds through the issuance of debt securities,
Operating Activities
Our net cash provided by financing activities was $14,330,695 for the period from October 1, 1992
(inception) through March 31, 2011, and was primarily the result of the sale of our common stock.
From 1992 to 2011....so much for potential
FIRE THE CEO,...14 million down the wtwo drain, thanks to imcompetent Mike McLaren
'nuf said
ajJa
Deja vu all over again, lol...the end of the month run. Rent's paid for June... watch it sink slowly back to 002 until the end of June, where the rinse and repeat cycle begins all over again for July.
It's time to fire the non productive CEO, Mike McLaren. For years and years He has never produced no revenue for this company, just massive debt. He would've been fired at any other company long,long ago.
I guess it's a lot easier to sell shares than sell a revenue producing product, cause you don't need no expertise to sell shares from the printing press.
And of course selling potential only works if u got product that backs up the 'potential'
imo AjjA
that's my one post per day that I'm limited to on this POS...probably a good thing...lol
It's time to fire the CEO, Mike McLaren. After 12+ years as the leader of WTWO, the company has never ever turned a profit. The CEO at any other company would be fired.
It's time to fire the CEO, Mike McLaren. Any CEO who can't land even one contract, that they can attach a $$$ Value to, and be proud to PR should be fired.
If wtwo release one PR that had a $$ attached this stock rise would rise...wouldn't it?
This would attract new savvy investors
So instead of blaming bashers for the pps tanking, look internally.
WTWO get your crew of 'youknowwhos' off the message boards, and do some sales of your products, generate some income, so investors can feel confident in buying your stock. Get rid of your incompetent CEO.... Fire this non-productive CEO for producing and approving nothing but fluff for 10 -15 years.
McLaren would've been fired by any other legit company
DD wwti, wwen and look at the pattern of deceit.
They deleted my last post on this topic, so this one will likely be deleted too....
This post is about the company, it's not about wtwo posters, a copy was fowarded to the Ihub admin for obvious reasons....
imo,
ajjA
I managed to bail out yesterday with a small, and expected loss of couple of hundred bucks ...no big deal. It was gambling money.
Many others here have lossed thousands, over many years of chasing wtwo's advertised potential, as opposed to it's actual substance, or lack of substance.
It's too bad that you can't take all that potential to the bank... they don't accept that currency as easily as the 'optimists' posters here, especially 'unkowwhoyouare'
giveit2me - I'd be ashamed to re-post all those fluffy PRs, that all went nowhere, just in case the newbies see them, and bolt before rent day....lol
martymech - just because one buys a stock, doesn't mean it's a good stock. If any product that I buy, turns out to be crap, imo, it's only right to inform the world that the product is defective. I'm sure you would agree, being a reasonable mann....lol
Well, that's my one post that I'm allowed per day, you better read it fast, b4 they hit the delete button again
God bless America, where freedom of speech is reserved for those with an agenda to enforce and protect.
imo as always,
aJjA
I bought at .0051 last week, now I'm down to .004, 3 days later... the charts don't agree with your unknowwhoyouare' optimism.
martymech, I hope you are right, my 10% profit target looks like a distant dream
lol.. they banned me again, limited to one post per day on this pig
I don't understand why some posters don't banned for comments like, 'buy, buy, buy' and 'almost ready for a big run up' statements...lol
It looks like it ready for a big run DOWN, imo, as shown perfectly in the charts...
look at the accumulation/distribution, the Money Flow, and Chaikin indicators...uugggghh
Hope my 10% profit is not a pipe dream...lol
Is is time to ban me again? Let's see...
What do pink sheet investors love more than anything else?
a PR, yeah, PRs, they can't wait for the next PR.
The scam companies know this and exploit it, as is obvious in pinkyville
Companies that puts out 5 PRs a week, every week, caters almost exclusively, to this audience, cause that's where the get their rent money.... by selling shares on fluff news
are u still with me here? Good
Good companies almost never put out PRs, (at 900.00 apeice) unless they are relevant, or like scam companies, they want to sell shares.
How many ineffective PRs has uknowwho put out so far ? a sh!tload...
And what are the results? you don't have to do much DD to see the results... lol
To delete or not to delete this post.... that's the question
We all know the answer, don't we...
that's imo of course
aj
The pump won't work, cause the newbies were alerted...lol
Marty,u sure sound/write like an insider? i.e., ur knowlege of wtwo processes/production stages, etc
But u wouldn't pump ur own company... or would u?
cough ! cough, I'm choking on the latest fluff, no substance PR
W2 Energy, Inc. (OTC:WTWO) is pleased to announce that on April 1 it began operating the first stage of the SunFilter 2 system filled with a special algae that creates a valuable vitamin as a by-product.
OMG - ppl are lined up to buy vitamins from wtwo...not quite yet,
how long before REVENUE is generated from vitamins? many months, if ever, and likely never. There's more vitamins on the market than the whole of China can swallow...lol
wtwo, the PR machine, don't seem to be attracting many new investors these day, thanks in part, to the honest investors on this board, of course the dishonest ones knows who they are....lol
newbies...watch out for the 'buy, buy, buy' statements
The deleted posts, those are the posts that tell the truth...like this one, destined for the deleted bin...lol
Think I'll send a copy to the Ihub admins...
imo
AJja
agreed... kinda. I expect a dead cat bounce to at least 0006, mostly because ppl want to average down....lol, I might even buy some, not.
Nothing like throwing good money after bad
I'd wait for the next RS, judging by the JUNK's past, an RS is coming sooner than later
.009 to .004 in one week ...buy, buy, buy, get wtwo shares cheap ...get em while they're cheap, or wait another week for .002, and get 'em even cheaper
this is hotest stock on the market...going to da mmmoooonnn
y'all better read this post fast, before the mods delete it ...again
the sow is wearing lace, but it still smells like a pig
didn't I warn y'all about this absolute pos ??
0002 exactly as predicted
I think u meant...Timber !!!!look out below
five steps backward, one step foward is more accurate
five steps backward, one step foward is more accurate
delete this post too, and I 'll be contacting ihub about your gestapo tactics
jdoms - can u translate that mumbojumbo u posted into english?
jdoms -it's better to be a barker than a winer like you
marty - try using paragraphs, it makes your long-winded post much easier to read, do you have an address or location of any of these wtwo plants?
That's one way to move the PPS...likely the only way,,,lol
insiders trying to buy above the ask
W2 Energy Begins Testing Coal-Water Slurry Reactor
W2 Energy, Inc., a clean energy company (www.w2energy.com) (PINKSHEETS: WTWO), is pleased to announce that it has developed a new plasmatron reactor capable of using a coal-water slurry as a hydrocarbon feedstock.
W2 Energy has begun construction on a new NT Plasmatron low temperature gasifier which will gasify the coal-water slurry.
The NT Plasmatron can use this new feedstock to make clean energy from coal. The addition of the water immediately makes the coal 40% cleaner than conventional coal. In addition, this coal-water slurry can be used as a transportation fuel, with a vehicle powered by a small NT Plasmatron and a fuel tank giving a range of potentially hundreds of miles with a cost per gallon of cents rather than dollars.
Based on preliminary calculations, coal-water slurry from inexpensive coal or lignite would contain approximately one-half of the energy per pound of gasoline at well less than one-tenth of the price.
"We think our coal-water slurry will usher in a cleaner age of energy production," says Mike McLaren, President and CEO of W2 Energy. "Our NT Plasmatron can take coal, which has been considered a dirty fuel, add plain water, and make a cleaner and etc etc
Note the liberal use of 'can' and 'will' and 'we think' lloll
Got any signed contraacts?
imo
lol...insiders buying to make it appear that this POS is going to da moon. More BS PRs with no substance....Anyone can generate fertilizer that no one buys. I dont see any companies lining up to buy that plasmatronic BS, except insiders trying to create false interest, like uknowwho and MM
10 Previous PRs moves the PPS down, then MM shows up, pumps it, up and....looks like the rent's been paid for the next 2 months....lol
Martymechlaren, where's this plant again? Anybody got an address? Can shareholders visit? Got a picture of the facility? Any proof that wtwo exists?
imo
Larice, martymech, bcl999 - have they started building the expanded facility yet, at 335 Woodlawn Road, West in Guelph. Is it near completion? Is it in production? exactly what stage are they at?
can you help me answer this question?
since it appears you have done some in-depth DD, wrt WTWO
Thanks in advance for your prompt response....
of course, I understand that you may not know the answer.
ajja
where is this "plant" located ?
what Street, and City ?
You have pictures of the expanded warehouse?
uugghh !! look at these disgusting Financial reports
http://www.dailyfinance.com/quotes/w2-energy-inc/wtwo/nao
Don't buy this stock.. Read previous fluff PRs, all fluff, no substance, check it out bb4 making a serious mistake
imo
ajja
W2 Energy Continues to Expand - 2011-03-03 11:07 ET - News Release ...roflmao...how many times can u regurgitate ( puke up )the same garbage ?
The facts of the matter will be released shortly...
Do some DD...you will want to stay far away from this pos
The answer is they don't have the goods, never did, and never will.
This POS exists to mainly to sell paper.
Despite years and years of fluff PRs about hi-falutiong thermal energy, and green plasmocrapology crap, issuing countless useless PRs, outlining fruitless LOIs and term sheets intentions that never become a reality
The latest blantant $100.00 pump attempt, by , u know who, fizzled just like this POS company will.
Nobody buys their garbage... except bcl999/larice/Mike Mclaren.
imo, of course
ajja
you should wait for .001, it's coming real soon, right after the next fluff PR about LOI's and "term sheet" agreements....
looks like the pump sprung a leak....
lol... expect a PR with massive fluff any day now...
up 10% on 200k shares...yawn, wake me up when some real trading starts...lol
can someone post L2 please?
Trader vic - here's how to get rid of me...
Post ONE revenue generating product that WTWO has produced in 10 years...