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watch the close for what, volume or price?
are you sure about that? the share volume is still crankin up. if he has been done, where is the rest of the volume coming from?
soup, what happened to "here we go"? at this rate we will be back to 0.0001 by next weeks end, only with a lot less $ than before the split.
if this would close green, it would make me feel better!
if the float is 70 mil ish, we will trade over that today it looks like, smells like dilution.
looks like were going no where but down, this is rediculous!!
know what? why so elusive?
what's up with the huge volume today, not even lunch time yet?
how do you know today is the last day? in the last few days, we have seen volumes of around 100mil, and the day is not over yet.
when is this note going to be done bring the price down everyday? does anyone know when the selling of the note began and how many shares were being sold?
i didn't think the dilution (limited i know) was happining now. i thought it was mentioned for the future. i will reread release.
what note are you talking about? also, how do you know?
just received a reply from mike...
Hello,
I am very concerned with your share price since the reverse split. Most shareholders that have stuck by your company have lost 90% of the money put into your stock. While I think the reverse split was needed, it should have been more. Also, you should have had some good news to release when the reverse split hit, everyone knows in pennyland the share price plummets after a reverse split unless there is actually something good going on with the company that is announced. As for the recent PR, more dilution, ARE YOU KIDDING ME!!! We just got hammered on the reverse split and now you want to put more shares on the market, what are you trying to do to your shareholders? If you are not trying to scam all your shareholders, I suggest you get things together, and soon. Enough with fluff PR's, empty promises and dilution. When is there going to be some good news that may move the stock higher as opposed to lower?
A concerned shareholder
He only replied the following (hopefully it IS something that will move the price UP)...
Look for some good news in the AM...
any more pr's expected this week? if so, hopefully they are juicy enough to move this!!
anyone getting shares at 0.0002?
if anyone is interested, here are some invites to the moola website. there are now some new games and it is pretty fun. it is still free with no spam. have fun...
http://www.moola.com:80/moopubs/b2b/exc/join.jsp?sid=4d544d744e7a4d344f544d3d-2
has anyone been able to sell at .0002? i have heard about a lucky few, but i have had a sell in at .0002 forever and no luck.
has anyone been able to sell at .0002? i have heard about a lucky few, but i have had a sell in at .0002 for days and no luck.
did you buy this at .00005 and sell at .0001 or are you looking at L2?
oops brokers not brockers, lol
are there any online brockers that will let you trade in 5 decimal places instead of 4? ie. 0.00015 instead of 0.0001
are there any online brokers that will let you trade penny stocks up to 5 decimal places? ie. 0.00015 in stead of just 0.0001 or 0.0002? tia
are there any online brokers that will let you trade penny stocks up to 5 decimal places? ie. 0.00015 in stead of just 0.0001 or 0.0002? tia
are there any online brokers that will let you trade penny stocks up to 5 decimal places? ie. 0.00015 in stead of just 0.0001 or 0.0002? tia
has anyone been able to sell at 0.0002 in the last few weeks? i have tried, but to no avail.
has anyone been able to sell at .0002?
gail,
did you answer that question about buying at .0001 and selling at .0002? i am also wondering how to do that because i can never get filled at .0001. i use td ameritrade. tia
when was the last time anyone was able to buy at 0.0001?
any comments on the pr that just came out?
so much for the update this week, great job mike!
anyone know mikes email?
where is the pr that was supposed to be out this week? i know the week is not over yet, but come on already!!
anyone still watching/playing this?
hello all, i have been in lurking mode for quite some time, but today i emailed pagnano and i received a reply i thought i should post...
Mr. Pagnano,
I am currently a stock holder of WEHI. I am writing concerning the recent press release and the reduction of shares. I am wondering if the 95% reduction will result from the company repurchasing the shares on the open market and retiring them, or if there is going to be a reverse split. I am aware that the company is stating there will be no RS, but as you may know penny stocks are full of crooks and empty promises. I am wondering if this stock repurchase (if that is what will happen) has begun, or when it will begin. I am also wondering where the money will come from for the repurchase. Thank you for your time.
Sincerely,
xxxx
Thank you for your e-mail. I have received a number of e-mails reflecting this concern and have prepared a statement addressing this:
Our staff is highly against a reverse split as I and other members of our board are also invested in WGL Entertainment holdings. It is of our opinion that the stock is severely devalued. It was advantageous for the company to attempt to buy the majority of shares (95%) and cancel them. This would then theoretically increase the value of the shares still held by our loyal stockholders by 20 times the current value and restore credibility to the company. In order for this to happen the company must purchase extremely large portions of stock to decrease the trading costs. The company is close the target, but still needs more time for the repurchases. New, preferred stock would then be distributed in place of the former devalued stock. I¢m sorry for the misinterpretation taken by so many shareholders on this matter.
The company has endured a wealth of new income as stated in the last press release. The MDSO airing in Europe and will produce revenues close to $300,000. The national cable airing for the MDSO beginning in mid November will create revenues of about $500,000 and the casting of Hot Days and Hot Nights is currently under way in Las Vegas and is scheduled to be completed the week of November 11, 2008, which will produce another $500,000. The enormous amount of business executed and scheduled this quarter alone has made this an exciting time for the WGL Entertainment holdings.
Sincerely,
Mike Pagnano
What is the deal with this stock? It has been going down for a while now. Do any of you have positions in it??