The company has gone silent. They haven't put out a meaningful PR since the June 29 financing negotiations. The investor relations people are amateurs. The last PR prior to the 8K was a disaster. IMO the reason for the silence is clear. If you read the last quarterly statement,the company stated that the joint venture (JV) is taking longer to draft then they anticipated. That is absolute nonsense. They also said market economic conditions are delaying the financing. More nonsense. They should put out the real reason for the delays. IMO nothing has happened because everyone is waiting for the lab results. So once again, as I have stated many times, everything is dependent on the Detroit Lab results. That has always been the case.The results are suppose to be out by the end of the third quarter. That would be September 30. If they get good results, just watch how fast they get a JV agreement.If they get good lab results watch how fast market conditions become a non factor. This is why they are silent. Thats the bottom line. With good results,this will fly. With bad results it will sink.....JMO

You can't make this stuff up...LOL

Here is an interesting caveat about the recent Department of Justice lawsuit trying to stop the AT&T merger with T Mobile. Guess who the presiding judge is. The one and only Ellen S. Huvelle. And you ask who is Judge Ellen S. Huvelle? She is the same Judge Ellen S. Huvelle who is hearing the Dial around compensation case involving MOBL. And what is the Judge doing with AT&T and T Mobile you ask? Well,less than a month after the Justice Department announced the lawsuit trying to prevent AT&T from scooping up T Mobile, The good judge has ordered a conference to try and work out a deal for a settlement.Imagine that...Two weeks and the judge, the same judge in the dial around compensation suit, orders a settlement conference. Isn't that amazing. And here we are going on 13 years in the DAC case.



http://www.tmonews.com/2011/09/att-department-of-justice-ordered-to-come-up-with-settlement-plans-by-september-21st/




Department Of Justice Ordered To Come Up With Settlement Plans By September 21st

By David, Managing EditorSeptember 7, 2011 11:46 am EST115 Comments

The presiding judge overseeing the Department of Justice lawsuit has set a date of September 21st to discuss the prospects of a settlement. Furthermore, in an order signed this past Monday, Judge Ellen S. Huvelle has asked the Justice Department, AT&T and Deutsche Telekom to file a joint plan by September 16th on both scheduling and managing the case. Judge Huvelle further ordered that “the parties shall be prepared to discuss the prospects for settlement” at a September 21st settlement conference.

While the Department of Justice has expressed it’s concern through a lawsuit that the AT&T/T-Mobile deal would “remove a significant competitive force from the market” they also expressed their interest in negotiation. Their “door is open” were the exact words used by Sharis A. Pozen, acting Assistant Attorney General.

As we’ve been saying for a few days now this entire matter just gets better and better as the week continues.

MEMO to WTCT INVESTOR RELATIONS.

Rule number 1.

NEVER PUT OUT A PR THAT CREATES MORE QUESTIONS THEN IT ANSWERS.

I'm pretty sure someone in IR at WTCT is recovering from gunshot wounds to both feet.

I believe an ancient Chinese proverb applies here To WTCT Investor Relations

"BETTER TO BE SILENT AND HAVE PEOPLE THINK YOU ARE STUPID THAN TO OPEN ONES MOUTH AND CONFIRM IT"

It would behoove WTCT to take note of the tepid response of their stock to a PR that clearly tells its shareholders very little. What are shareholders suppose to gleam from this information. If the purpose of the PR was to be informative to shareholders, the company has failed miserably. The only information I can gather from this PR is that they have gained some funding for the diesel version of the fuel reformer and only for the testing and evaluation phase at the Detroit Lab. It says nothing about funding or the manufacturing of the product. I can only assume that this is a very slimmed down version of the original finance proposal. The first tranche is in the bank...LOL...How much.... $5...$10. It seems to me that this is a very narrow and limited bit of financing until the tests results come in. Maybe thats the reason they are so short on specifics......not very enlightening...JMO

Its tranche. It was incorrectly spelled on Twitter. It means a portion of. Hope that helps.

It is what it is. I might just point out to you that I immediately stated they needed to publish the details. There may be a follow up PR or maybe not. The info is there on Twitter for everyone to see. I would prefer details put out in a PR. That may yet come to pass. This could be the beginning of something really positive or perhaps not. As I have stated before, we shall see. I would think they would be aware that they are shooting themselves in the foot if they don't elucidate on the details rather quickly. As always, we shall see.

I don't know the amount but just the fact that they have money in the bank indicates a signed deal and not an LOI. As I stated in my previous posts, we will just have to wait and see what happens.

I'll reserve judgement...Since they have stated on TWITTER that the first tranche of money is in the bank, It sounds like they have a signed deal and not just an LOI. I know this distresses you but I guess we will just have to wait for further details.

Details starting to emerge. Need more INFO

http://twitter.com/#!/watchittech

This is not going to move until we get details...They need a follow up PR IMO

The Board of Directors of WTCT announced it has finalized investment capital, from a private source, to fund the remaining testing and evaluation on its Diesel Fuel Reformer

Hopefully WTCT is not being cute here. Hopefully FINALIZED INVESTMENT CAPITAL means a signed deal and not a BS LETTER OF INTENT..WE SHALL SEE... If this is for real, there should be a follow up PR with details

We need details. Who is the financier? Is it DBAR or someone else? Is this an LOI or a real agreement? How is this NON-Dilutive. Nice news but I think there are a lot of questions. Could be a very BIG DEAL...NEED DETAILS!!

According to the Board of Directors, "the investment capital will be non-dilutive to the shareholders while creating additional shareholder value. Although the company has been working on the diesel version of the Fuel Reformer over the last few months, most of the emphasis has been on the gas version. With the new funding specified for the diesel version, progress on the diesel version should accelerate significantly."

The Board believes that with the financial backing of the diesel version of the Fuel Reformer, management will be able to access markets in the trucking, military, agriculture, marine and the recreational vehicle industries. According to the Board, this move should allow the company to increase revenue much earlier than previously anticipated.

NEWS
http://custom.fmg.dowjones.com/custom/tdameritrade-com/html-story.asp?guid=%7Be1ad057b-c6e4-4216-a806-5c71582ddd00%7D

Take a look at these numbers:

Security Symbol: WTCT
CUSIP Number: 94110N 10 9
Common Stock (as of 3/31/2011):[/b
Authorized: 1,500,000,000
Outstanding: 674,462,659
Preferred Stock (as of 3/31/2011):
Authorized: 150,000,000
Outstanding: 35,749,208

Security Symbol: WTCT
CUSIP Number: 94110N 10 9
Common Stock (as of 6/30/2011):
Authorized: 1,500,000,000
Outstanding: 1,062,062,659
Preferred Stock (as of 6/30/2011):
Authorized: 150,000,000
Outstanding: 35,828,458

Between 03-31-11 and 06-30-11 the outstanding shares has risen by 387,600,00 shares. Where are these shares. The company hasn't told us. Every time someone calls the transfer agent and asks what the float is, we keep getting the same number...around 488,000,000. However, IMO that is the float as of 03-31-11. If the outstanding shares has increased by 387,000,000 shares, WHERE ARE THOSE SHARES....Now I could be wrong on this but I don"t think the 488,000,000 float that the transfer agent keeps quoting is accurate. It may be accurate as of 03-31-11 but today is August 24, 2011. Hope I'm wrong but I'd bet the current float is higher...JMO

It would appear that all the deadlines for submissions in the DAC case will be completed today. Barring any more delaying legal maneuvers by AT&T, the Discovery schedule should be set very soon. Once the Discovery schedule is set and a time frame is enshrined, I would think a trial date would be set before the end of the year. Since this trial is not about who is at fault, (AT&T is at fault) the trial issue is about compensation plus interest and legal fees. APCC has persevered for over 12 years and there is no reason for APCC not to go to trial. In fact, going to trial only benefits the plantiff (APCC et al and the lawyers.) IMO AT&T has boxed themselves in. Things could get very interesting over the next four months. Lets see what happens.

17,000,000 million shares bought in the last 35 minutes....HMMMMM

Search of epa.gov website for Watchit Technologies fuel reformer was negative.

Another million shares and VFIN hasnt budged. They should make these mms post the real about of shares they have to sell..Its a shame.

That slug MM VFIN on the ask at .008 and an ask share of 5000. 1,000,000 buy just went through and VFIN still sitting there. VFIN up to its old games again. Bogus 5000 ask share.

HMMMMM...MM VERT showing a 400,000 ask size and they are on the bid at .0006..Very interesting!!

http://twitter.com/#!/watchittech

I find it odd that the company hasnt even hinted at the progress of the Detroit Lab results. I would settle for "they are still going on" statement. They have got to have some kind of idea what is going on. Any thoughts?

Looks like we are getting close to August 19th. Thats the date the replies to Dispositive Motions are due. Unless something has changed, all the nonsense paperwork should be in shortly and I would think they should be getting around to Discovery.

Filed & Entered: 11/19/2010
Set/Reset Deadlines
Docket Text: Set/Reset Deadlines: Discovery due by 2/15/2011. Dispositive Motions due by 7/1/2011. Response to Dispositive Motions due by 8/1/2011. Reply to Dispositive Motions due by 8/19/2011. Plaintiff Rule 26a2 due by 3/1/2011. Defendant Rule 26a2 due by 5/2/2011. (gdf)

gmoneypenny.....I did not get a chance to reply to your message yesterday as I had to leave. I can see that my honesty on WTCT rubs some people the wrong way. Be that as it may, I can assure you , I have no intention of cutting off my nose to spite my face. I am in this stock and have been for around ten months. I have made money on the two earlier runups this year. The reason I made my posts is because I want the company to succeed. I am not in this stock for a quick pop as many people here are. I am looking for pennies. I believe the company has a shot at succeeding. I also believe it could all fall apart. Thats all part of the risk game. My problem is with IR using twitter to try and stimulate interest in the stock and hold people here by doing what they just did. I have said many times,"pinkies do not withhold really good news. IR comes on Twitter and gives everyone almost a weeks notice that good news is coming. They are trying to stir interest in the company. What they actually are doing is hurting themselves by creating expectations that they know wont be fulfilled. Consequently,people get frustrated and leave. I was 95% sure that the news coming would not be the news we were all looking for. I said this very clearly on Tuesday morning. I also said, "I hoped I was wrong. Well I was right and I wasnt happy about it. That is what I meant when I said I hate when Im right sometimes. If you listened to the tenor of the posts on WTCT for the last week, it was clear to me that peoples' expectations of the news were way higher than what was actually coming. I was just trying to be real.
If the company had great test results or a solid financing deal or a contract, do you think they would have put a note on Twitter stating Good News coming next week...LOL... They couldnt get that news out fast enough. I have no problem with the company trying to update us. However, IMO this kind of news should have been placed on Twitter early Tuesday with a byline that a company update will be coming out on Wednesday. Instead, they imply things and hang them out there and that makes people crazy when nothing happens.
As I said earlier, Im in. I dont pump and I dont bash . I try to be honest about how I see things. I stand by everything that I posted. I have also said many times that if this company is to be real, first and formost they must:

1. Replicate the lab results. Without this we have nothing.
2. Must have a finance deal that will pay the freight.
3. Get a contract
4. Mitigate dilution big time.

We should find out in the near future if the company is for real when the results from the lab comes in. I am hoping they succeed. I will call it as I see it. A spade is a spade.....GLTA

I do own this stock. However that does not change the nature of the PR. What we need are positive test results. That is what will make this go. It is what it is. If you are looking for a cheerleader, I am not your man. A spade is a spade. GLTA

Sometimes I really hate it when Im right.....Fluff...announcing negotiations for funding is easy. Actually getting financing is a whole other story..Moral of the story and Cardinal Rule of pinkies
COMPANIES NEVER WITHHOLD REALLY GOOD NEWS.
So thats how the financing deal is being shaped without the test results. Moving toward an LOI....Letters of Intent are about as good as Congress...LOL

As many of you may know, Brian Riley is the head of investor relations with WTCT. He also seems to be chronologically challenged in that he never seems to get his time frames right when announcing on Twitter that a PR is coming. He just misses those time frames most of the time. So, in the interest
of WTCT shareholders, I am going to suggest a homework assignment for Brian.
On a sheet of paper, you need to write the following ten (10) times:


The beginning of the week is MONDAY

Early in the week is TUESDAY

Mid week is WEDNESDAY

Late in the week is Thursday

The end of the week is Friday

I hope this helps...LOL

I am getting the feeling that perhaps things may have run into some snags.

1. They announced on May 5th that thet were going to submit the fuel reformer to a Detroit accepted lab to try and replicate the results. Its been over three months and we havent heard a single thing about lab results. Kind of odd....This is not rocket science...Where are the results?

2. On June 29th they say they are going to Texas in the middle of July to start negotiations with Dbar leasing for a finance package. How do you negotiate a financing arrangement without first getting the lab results from Detroit. Who would finance a company without good lab results from the Detroit Lab.

3. After the June 29th announcement on beginning finance talks, the company goes strangely quiet for six weeks with just a few marginal comments about news coming this week.

4. The company is hinting at "GOOD NEWS" this week. If the company really had good news do you think they would be withholding it. One thing about the pinkies; when companies have good news, they dont withhold it. They are climbing over one another to get the news out and shout it from the rooftops.

CONCLUSION.... Something is definitely going on and I dont know if its good or bad. When companies go silent, something is up. I tend to think whatever news is coming this week is probadly going to be "FLUFF" at best. I hope I am wrong.

3 buys in last 20 minutes. VFIN and NITE on the ask at .0009. Nites ask share hasnt changed in the last 2 hours. Total shares bought 1,280,000. Vfin doing its thing with the bogus 5000 ask share.

The below excerpt is from the June 29th PR about the DBAR leasing negotiations. I find the highlighted section interesting just by the fact that they even mentioned it.

"Although the negotiations have just begun and are in the early stages, paramount to any major finance deal is that it mitigates dilution and increases shareholder value," stated Dr. Max L. Bennett, President and CEO of WatchIt Technologies Inc. "Having funding in place allows the management of WatchIt Technologies to accelerate its business plan and bring value to the shareholders."

Lots of stuff is put out in PRS...Lets see what happens.

I dont think institutional investors would be a good fit for this type of stock. In any event, if WTCT wants to be real they must deal with this issue. Other than bad Lab results,this is becoming the single largest impediment to the stock price rising. I know current management inherited this problem, however they are stuck with fixing it. Fix the convertible debt with some creative financing and get good lab results and then this company has a good chance to fly IMO. If they don't address it then they simply aren't serious about being a real company.

The numbers you are quoting are as of yesterday. If you don't think debt holders are converting into shares then I would like someone to explain where VERT and BKRT and to a lesser degree VFIN are getting all these shares that they are selling. They certainly haven't been buying any on the open market Just look at the bid price for them on Level 2. Either the MMS are printing shares or they are getting them from the debt holder who is converting IMO. If someone has a better explanation, I am all ears. As for why the non restricted shares has not changed, I can only guess...perhaps the paperwork takes time, but I would think they will show up sooner or later. I do not see another reasonable explanation. BTW VFIN is at it again with a bogus ask share of 5000. Watch what happens when people start buying.They will sit there till they are finished selling.

I can only guess that the shares havent shown up yet. If you look at the three stooges...BKRT....VERT and VFIN you will see the bid price on LEVEL 2 is too low for them to be buying any shares. They havent bought any shares that I can see. So where are they getting all these shares that they are selling? Logical conclusion...From the debt holders that are converting IMO. Just noticed VFIN moved up to .0007. VERT at .0001 and BKRT not even on the bid. IMO it looks like VFIN and BKRT are done selling for now. Now we have to see what VERT does

I have been following this stock for ten months. I have made money on both earlier runups this year. I am in this stock now. I find yesterdays hysterical postings rather humorous.There has been so much speculation about shorting, the company selling shares, people were suckered into this and my personal favorite... LOL...what a terrible job Atlanta Capital Partners is doing...LOL..Of course they have only been on the job one day...but thats no excuse..LOL...Of course IMO absolutely none of this is correct. The one thing these posters did get right but for the wrong reason is that their is DILUTION going on. What really made me laugh was that the hysterical posters were shocked by all the shares that were being sold. If you look back I warned people that VERT and BKRT were sellers.I guess I didnt make it clear that I meant they were sellers of shares of convertible debt held by WTCT. I told everyone it would be hard to get past VERT and BKRT...and later VFIN joined the party. Im in this stock and I warned everyone. The reason most people were shocked was because everyone is looking for a quick pop and people did not do their DD. The convertible debt is from 2010 with LILY marketing. If you had been following this stock for a while and done some DD those people would have known this. We have discussed this many times. I have been here ten months and if you read my posts you will see I dont pump this stock and I call a spade a spade whether im in the stock or not.
What is really going on is this..... There are some good possibilities on the horizon for this stock. That is providing interest in the stock. When the volume and price start to rise, the convertible debt holders are converting the debt to shares and making a profit. Thats it. THAT IS WHATS CAUSING THE DILUTION.
THIS IS OLD CONVERTIBLE DEBT FROM 2010 WITH LILY MARKETING. This happened before the current CEO Max Bennett was running the company.
I have discussed before what this company must do to be a real company.
1. They need to replicate the mileage results.
2. They need to get financing.
3. They need to get a contract.
4. Thet need to pay off the convertible debt.

They have a shot but they must do these 4 items IMO. Could it all fall apart. YES. Could something good happen...you bet... The one thing I dont have is a crystal ball. If you were looking for a quick pop and didnt do your DD thats why you are where you are. If you are willing to wait...You might be rewarded.. PINKIES ARE VERY RISKY..I THINK WE ALL KNOW THIS. Take this for whatever its worth from someone who has been following this stock for ten months.GLTA

MMS.... BKRT....VFIN....VERT...THE THREE STOOGES..Just as I predicted yesterday...All sellers of convertible debt shares IMO. Unfortunately this debt was taken on by previous management. Not the fault of current management.

WatchIt Technologies Inc. Appoints Atlanta Capital Partners, LLC for Investor Relations

Last update: 8/3/2011 8:30:01 AM


ARDEN, N.C., Aug 03, 2011 (BUSINESS WIRE) -- WatchIt Technologies Inc. (WTCT) is pleased to announce it has retained the services of Atlanta Capital Partners, LLC to assist with its investor relations effort. Atlanta Capital Partners helps public companies, private companies and venture capital firms communicate with Wall Street, investors and the media. In addition, Atlanta Capital Partners will assist the company in expanding its current business model.

"We are pleased to retain a firm the caliber of Atlanta Capital Partners," said Dr. Max L. Bennett, President and Chief Executive Officer of WatchIt Technologies Inc. "We expect many exciting opportunities for both our Company and our shareholders. Atlanta Capital Partners will play an integral role in ensuring we reach the investment community with our message and increasing shareholder value."

Dr. Bennett continued, "We are excited about the potential for our Fuel Reformer, especially since the Obama Administration announced an agreement to double overall fuel economy to 54.5 MPG by 2025. We believe that Atlanta Capital Partners is best qualified to help us deliver our message and expand our shareholder base as we work towards commercialization of our product."

David Kugelman, President and CEO of Atlanta Capital Partners, LLC said "We are both excited and enthusiastic about WatchIt Technologies Inc. and its potential." Mr. Kugelman went on to say, "Our research shows that the new agreement of fuel standards represents the single most important step we have taken as a nation to reduce our dependence on foreign oil. In my opinion, the Fuel Reformer from WatchIt Technologies could prove to be one of the most significant contributions towards achieving the reduction of our nation's dependency on foreign oil."

About Atlanta Capital Partners, LLC

Atlanta Capital Partners, LLC helps leading public companies, private companies and venture capital firms communicate with Wall Street, investors and the media. Drawing on its carefully built relationships with Retail Brokerage Firms, Investment Bankers, Analysts, Fund Managers, and Independent Investors, Atlanta Capital Partners, LLC takes a unique approach to investor relations by being a shareholder.

About WatchIt Technologies Inc.

Originally founded in 1968, WatchIt Technologies was heavily involved in the energy industry. Its current investment and development strategy is to serve as an "incubator" for emerging "Green Technology" businesses with innovative proprietary products or services. We seek companies that have the attributes of being highly innovative and "first-in" within their respective sector, while mitigating risk and producing returns to investors.

Safe Harbor Act: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the SafeHarbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

SOURCE: WatchIt Technologies Inc.
WatchIt Technologies Inc. Max L. Bennett, 828-483-4131 or Investor Relations: Atlanta Capital Partners, LLC David L. Kugelman, 404-856-9157 Toll Free - U.S. & Canada: 866-692-6847 dk@atlcp.com
Copyright Business Wire 2011

Dont know anything about MM BKRT. Never seen them before. They maybe pulling the same stuff VERT DOES. Fake share ask on level 2. They have an ask share of 100,000 and they have already sold 2 million. Best I can tell BKRT is a new market maker. Looks like they are sellers.That ask is Bogus. If you notice BKRT and VERT are on the bid side at .0001...LOL. Going to be tough getting past these two sleezebags.

Beware MM VERT lurking at .0013. that is a bogus 5000 ASK share. They are a seller. Wont find VERT on the BID side level 2. Thet are sellers not buyers VERT just popped up on the bid side. Maybe we can get by. We shall see.