is...not in
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No action, no volume... Still 1000% higher than what you predicted just over a year ago:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51075237
Tick... Tick... imagine what she'll do if Simmonds comes through on just a tiny portion of his promises...
I would hope Simmonds has entered Sunbay into this expo as well. Though, I haven't seen anything to suggest that he has.
I would also hope Simmonds can get his act together with the filings and Fanotech acquisition before the expo... That seems like it would be a good opportunity to get the word out about our company.
I don't know how this works, but apparently we are also trading in Germany (with considerable volatility, but zero volume):
http://www.bloomberg.com/apps/quote?ticker=WAI:GR
Even the much ballyhooed zippiswap is gone:
http://www.appexplorer.com/?cs=0&gs=0&aso=&so=&q=zippi
Maybe it's costing them more to maintain their front, than they earn selling shares.
This guy's got a funny fixation on making video simulations of Fanotech trucks:
Canada Waste & Recycling Expo exhibit floors 90% sold out
The Canadian Waste & Recycling Expo (CWRE), Canada’s only trade show serving the waste, recycling and public works markets, will bring its 14th edition to Montreal, Quebec for the first time November 9 – 10, 2011 at the Palais des Congrès de Montréal.
Organizer Messe Frankfurt, Inc. announced that the exhibit floor is already 90 percent sold. Exhibiting companies are booked from North America and Europe including several that will be displaying equipment at the show such as BFI Canada Inc, DURABAC, Fanotech Enviro Inc, J.Y. Voghel Inc, Labrie, London Machinery Inc, Machinex Recycling Services Inc, Mack Canada, Molok North America Ltd, New Way Trucks, Palfinger North America Group, Peterbuilt of Canada, Plastique Rotek Inc, Precision Waste Systems Limited, Universal Handling Equipment Company, Waste Management and many other leading companies that provide products and services to Canada‘s waste management & recycling industry.
The 2011 edition of CWRE anticipates more than 200 exhibiting companies with thousands of attendees from Quebec, across Canada and the United States this November. “We are thrilled at the excitement being generated by both the exhibiting companies as well as the attendees about the show being held in Montreal for the very first time,“ states Arnie Gess, Consultant for Messe Frankfurt, Inc., “we are experiencing the build-up to the most anticipated Canadian Waste & Recycling Expo ever this November.”
The 2nd Annual Canadian Waste Sector Symposium (CWSS) will be held in conjunction with CWRE and will be held at the Hyatt Regency Montreal, Quebec, Monday November 7th – Wednesday, November 9th, 2011. CWSS is produced by the Ontario Waste Management Association with support from sponsor partners Conseil des Entreprises de Services Environnementaux (C.E.S.E.) and RÉSEAU environnement.
CWSS is a national focal point for waste management and waste managers in the public & private sectors across Canada and from around the world. It will serve as a forum for the discussion of waste sector policy and technology, topics including Hazardous Waste Management, Organics Waste Management, Green Energy, Green Management of Waste, Waste Disposal and Transfer and more.
CWSS is a 2 ½ day event providing waste facility tours, over 40 workshop sessions, several networking opportunities, evening cocktail receptions and dinner with keynote speaker – PLUS free entrance into the Canadian Waste & Recycling Expo that begins on November 9th, 2011 at the Palais de Congrés de Montréal.
For more information on CWSS, visit http://www.canwastesectorsymposium.ca/
http://www.scrapmonster.com/news/canada-waste-/1/2481
Regardless of the delays, Enwise seems to be adding products hand over fist to their site. You CLEARLY haven't taken your own advice and called Fanotech (and others involved) yourself... Have you even bothered to checkout our websites?
Here's a new product (and a new website) I found from Innovative Solutions (Innovative "Energy" Solutions). Click on the "Contact" link and you'll see that this is in fact "A Vertility Division".
http://www.aircosaver.ca
http://www.aircosaver.ca/images/stories/aircosaver%20web%20brochure.pdf
You shouldn't have to read down far to find the info you're looking for:
http://investorshub.advfn.com/boards/profile.aspx?user=161680
Thanks for your response, and again I'm sorry, I just had a tiny bit of déjà vu there. Regarding your other questions. I couldn't even begin to guess how (or if) Simmonds will actually be able to pull everything together with our limited financing (though I don't want to suggest it isn't possible). It wouldn't surprise me that there are problems, especially given the significant delays in our filings. What kind of people are getting their payments suspended? Are you talking about vendors? Our receiver?
I'm sorry... I do appreciate your input, and I don't mean to be insulting, but I feel I should ask just one question for the record... Are you by chance the same person that was once posting here under the alias John_Vallay?
I haven't seen anything on NLI's 19.9% of Sunbay... I'm guessing that since NLI hasn't yet paid what they said they would pay for Sunbay, they haven't yet received their portion. I'm expecting (hoping) this will all be resolved around the time when WLSA submits their filings, which is when Simmonds suggested the final WLSA-NLI debt restructuring will take place.
NLI's latest filing has somewhat conflicting statements on the matter. I wouldn't read much into this though. The filings are poorly constructed, and appear to be a compilation of paragraphs that were copy-pasted from PRs and other sources. Therefore, any apparent conflicts in the filings simply represent the fact that these are snapshots of deals involving a certain sequence of events (And actually these quotes are reasonably consistent to anyone who has some background knowledge).
I hope you realize that that wasn't actually "a big Press Release". It was posted on the part of their site, where they post stuff that isn't worthy of a "real" press release.
Enwise Adds Lennox Brand Comfort Systems To Energy Efficient Lineup.
Enwise Home Services Inc. (Enwise) is proud to announce it has added Lennox brand comfort systems to our full line of energy saving heating, cooling and indoor air quality solutions. Enwise always strives to offer homeowners a full selection of the latest energy saving technologies through our affordable financing and rental programs.
The added lineup provides homeowners more options and access to consumer manufacturer rebate programs offered by Lennox throughout the year. Combined with the proposed federal rebate program, homeowners are able to maximize their investments when upgrading their heating and cooling equipment.
Lennox Residential is a leading provider of high-efficiency home comfort systems...
http://www.enwisehomeservices.com/announcements/enwise-now-offering-lennox-comfort-systems
http://www.enwisehomeservices.com/Promotions
I don't know if that is sarcasm or not, but I would love for people to take some more recent pictures of the operations. I was just thinking that we should do a little more Googling... I've been kind of slacking in that department lately.
I started buying at 35 cents, at 25 cents, and then again at 35 cents... Meaning that I did experience a somewhat "epic fall from grace". And after all that, my average STILL falls within the range you provided for yours... So don't try to suggest you weren't snookered into paying more for a good chunk of shares than you probably should have.
And I really think one of us, at some point, should do some DD on these folks, that extends beyond the PRs we are given.
dumar, I specifically mentioned the drop in 2009 - 2010. I am well aware that you did not start buying until 2009. I even posted the chart of period 2009 - 2010 I was referencing, which doesn't have share prices anywhere near .25. Why would you think I thought you purchased at .25?
To refresh people's memory, this is what the last half of 2009 and the first half of 2010 looked like. Correct me if I'm wrong dumar, but didn't you buy at least some of your shares in the beginning of this window? This is what I'm talking about. This is when Newlook was selling millions and millions of shares. 2.3 million in the last three months of 2009 alone.
And again, regarding the new management, I admit that I haven't yet researched the people as much as I probably should. Though no one has provided ANYTHING that would refute Aletheia1's claims that these people have a reputation for participating in P&D schemes. And Aletheia1 said some interesting (and verifiable) things, which should at least give someone pause.
And as far as the "smart, high profile and previously successful people he has brought on board as well". Do you remember Aletheia1's comments on this matter? For all we know, these people are nothing more that paid promoters, who will ultimately allow Simmonds to unload his millions of shares on unsuspecting people like us (again) for a significant personal profit.
And if we are smart... We will have the opportunity to sell along with him... But looking at all the people here (including you dumar) who held their shares through the drop of 2009, while Newlook cashed out on over 5,000,000 of their WLSA shares, I'm thinking that a good portion of us will maintain enough faith in Simmond's promises to ride the wave back down again.
Ok, I'm realizing that the portion of my statement that says "without ever providing anything substantive" is distracting people from my point. Let me say it again without that:
"The only other explanation I can think of as to why Simmonds continues to lie to his shareholders, is that he actually gets some satisfaction out of this notion that he can lead us on month after month, year after year. I picture him gloating to himself over his "skills" as a salesman... Evidence to himself that he's still got it... That he can quite literally "sell" anything."
I don't mean to suggest that Simmonds is doing nothing behind the scenes. I DO mean to suggest that he is intentionally putting misleading statements in an attempt to keep stringing people along indefinitely. I DO mean to suggest that Simmonds would say the same bolstering things regardless to what is truly happening. I DO mean to suggest that the man can't be trusted.
Does anyone else want to propose a theory as to why the things he said would happen last year, never happened last year? How about two years ago? Three years ago? Four years ago? Five years ago? Etc. Etc. Do you really think Simmonds is that much a victim of circumstance, that he would have come through with all those promises, if it weren't for some unexpected fluke?
As far as the shares he purchased... THAT is what suggests to me that there might be something more happening. But despite the comfort I might get from knowing that he has FINALLY put his money behind his promises, his lying still pisses me off!
The guy is clearly not bothered by the fact that the majority of what he says is ultimately proven to be inaccurate... Because if he was, he would have taken steps to rectify the problem long ago. The only other explanation I can think of as to why Simmonds continues to lie to his shareholders, is that he actually gets some satisfaction out of this notion that he can lead us on month after month, year after year, without ever providing anything substantive. I picture him gloating to himself over his "skills" as a salesman... Evidence to himself that he's still got it... That he can quite literally "sell" anything.
Dumar had the theory that they couldn't follow through with the original plan because the previous exchange wouldn't let them. If this was the case, hopefully this has been resolved since the date of that filing.
I understand your reluctance to "jump to the conclusion that we are being lied to", but at some point I also think people need to start confronting Simmonds on the perpetuality of his inconsistencies and delays.
OK. Maybe it's a bit premature for me to attack Simmonds on this particular matter. He's said multiple times that the final settlement between NLI and WLSA wont take place until the filings are released... So there's still hope that Simmonds will prove me wrong... That NLI will reimburse WLSA for the purchase price of Sunbay... And that NLI will reduce its ownership to the promised 20%. There's still hope that Simmonds will do the right thing... Come on Simmonds! Do the right thing! Please? NLI has taken so much from WLSA, the least they can do is offer this tiny token of appreciation.
You're probably right... But if it does turn sour... I bet Simmonds will find a way to keep us from seeing it...
Now lets not start this again... Even if we are going to be screwed, at the very least, I expect for Simmonds to repeat his 2009 moves... Which is to pump this thing up before NLI dumps another 8.4 million shares.
Which I think has earned me the right to call Simmonds a liar!!!
So hopefully, everyone is now convinced that NLI did NOT return any of WLSA's shares to WLSA!
Running my calculation again using the precise numbers:
NLI had acquired 31,594,767 shares of WLSA (purchased in 2007). Subtract from that 3,203,360 (shares sold in 2010), and 5,258,950 (shares sold in 2009), and NLI should have 23,132,457 shares. That EXACTLY matches the 23,132,457 listed in their latest filings... Gotta love that!
I don't quite know where you are getting your estimates of WLSA's share total. I am getting mine directly from NLI's latest document. It actually says precisely (which is only slightly different from my estimate).
I found them... NLI's audited financial statements submitted August 2010:
OK, a correction to this post: According to the filing I just posted a minute ago, NLI had acquired 31,594,767 shares of WLSA. Subtract from that 3,203,360, and 2,929,600, and NLI should have 25,461,807 shares. They claim to have around 23,135,973 shares (36% of 64,266,592), so we are missing about 2,325,834 shares. Let me see if I can't find those shares somewhere...
And check this out, right after NLI paid $795,659 for controlling interest in WLSA, Simmonds had WLSA pay NLI $1,324,618 for 2,680,307 of their shares. So, right off the bat, NLI made their initial investment back... Everything after that has been gravy for them.
And I realize that there were a few other forms of "payment" NLI offered to us as summarized by Brad in this post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62792505
Though, I won't believe that those deals actually went through as promised until I see them in our filings.
BTW, I got the 53% value from NLI's Audited annual financial statement dated Jan 28 2008. It might be worth reminding people that NLI only paid $795,659 in cash and 1,018,432 NLI shares to acquire that 53% ownership of WLSA. Which is unfortunate considering the fact that they were able to use that control to extract over 11 million dollars from our subsidiary (according to stocksurf). And now they are "repaying" us by throwing a meager 600k at us?
The original ownership was 53% of 58,000,000 or something close to that. That would be around 30,740,000.
Subtract just the two quantities of sold shares I mentioned, and you're down to 24,607,040... As of the filing, WLSA had 64,266,592 shares outstanding, so 36% of that is 23,135,973. The disparity between 23,135,973 and 24,607,040 is way smaller than the 3,000,000 shares they offered to pay for Sunbay.
There were several other times where they sold shares too, here's one of my posts where I mentioned sells in 2009:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50503745
Actually, looking at the change in NLI's ownership of WLSA shares during 2010, it's clear that they DID NOT offer any of their own shares toward the purchase of Sunbay. The change in their ownership from 42% to 36% resulted primarily from their sale of shares for their own gain.
You're probably right that management is having some difficulty squaring all the "shady deals" between the companies.
You brought up the example that if Newlook offered Sunbay as repayment, then there might be tax liability associated with the exchange... Did we ever resolve the issue of how Sunbay was purchased? Simmonds seems to be standing behind this story that we received Sunbay as payment, but even in NLI's most recent CNAQ Listing Statement (dated 03/28/2011), it is clearly stated that WLSA purchased Sunbay using its own resources. Brad had the theory that the shares WLSA used were given to them by NLI (and were therefore technically WLSA's at the time of purchase), but there is nothing in the filing that indicates NLI made any payment whatsoever (except for the $600,000 or so paid to the receiver).
Why is it that when you notice a change in the spread, you conclude that "WLSA is Grasping for life", and follow that with the assertion that "The market tells you the real truth"... But when I mention a change, you bitch and whine and say day-to-day fluctuations are meaningless in a low-volume stock?
"My Stocks" is up, "Followers" is down. I can't figure it out either... Unless these new people have been watching for a while, and only recently decided to jump in.