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Frankie, I am still here with all my position. Just gonna take a vacation and visit my family in India. Lets hope will get some good new by the time I come back (around may). Its just depressing to see WRNW at this level :(
Good Find :) Well, does it really matter even if you get the dividend today itself? There is no trading interest in DVFI. Fact is all the investors are screwed the moment deals with Team/Cementers were off :(
Frankie, i guess all the investors of WRNW are big time screwed. And i dont see any hope as far as i can see :(
Volume is really drying up...Wish Great WRNW Management have eyes to see that.
Last email i received from Great Yotty was around new year. I send another email to him yesterday as i mentioned in my earlier post, but so far no update from him yet. Still waiting...
I Just emailed yotty again. Lets see what he has to say this time. But I think WRNW is a gone case now :( Hard Money that we invested in this one, looks like is gone :(:(
Mr Yotty,
Happy New Year.
Thanks for the update.
Now question is, can we expect some news this/next week as you mentioned earlier? Or the history will repeat about " Keep your eyes peeled for some news soon"?
We really want something positive from the management this time than FALSE HOPE.
Please advice.
Thats what i clearly mentioned in my email to yotty/rees and told them how frustrated all the shareholders are and how everyone is leaving this company one by one. So i guess its the management who has to react to it and show us REAL progress rather than FALSE HOPE.
It was from yotty. Atleast the response from his email account (don;t know if anyone else respond behalf of him from his email address).
Response from great Mr. Yotty:
Happy New Year.
Good news is M&A’s are very close to closing….but mid-Jan is now the new date as Xmas holiday had the attorneys go on vacation.
PR news will have to wait until then….but WOW will it be a good year from then on.
WDY
Original Email:
Mr. Yotty,
Merry Christmas!!!
Well, as you mentioned earlier we can expact the news this week. But unfortunately that thing never happened. Oh well, we still have monday so lets see if management is sticking to their WORDS or not.
Lets hope company is doing anything at this point.
I am about to give up with the company (i guess majority of us longs already did), i really don;t want to but COMPANY MANAGEMENT left us with no choice. Everytime we all get FALSE HOPE about something big coming.
Good Luck WRNW!!!
Paras
Same here... Yet to sell a single share.
Another thing about Mr. yotty is, rather giving the answer to the questions we hear something like "News should come out next week. Many opportunities coming to fruition." couple of days ago :)
WTC/Frankie/AmericanDSS,
What you guys think about WRNW now? Do you guys see it going up again? What are the positives on hand that you see now?
Looks like this year Christmas is ruined for us at least :( Don't feel good about it at all.
WTC, Any details are welcomed :)
I m still in with all my position.
Any reason behind ZERO volume today? Is there any share restructure going on? I hope something GOOD is going on with WRNW and hope that we will get notified by company this time (not to mention, news is due long time).
Will it EVER go up?
You can count me in the group, but couldnt do much at this point cuz of job limitations. :) Still holding all my 10MM+ position and yeah down with 20K+... But oh well time will tell us all who kept the faith on this one.
So far, this month i send 2-3 emails to Rees/Yotty/Info@WR, but no update from anyone yet. This simply sux.
Agree. I am holding all my 10MM+ position tight. Just wondering, if anyone get a chance to get some info on finance from hunter wise. I thought everything was finalized to get finance from them. If so then I dont see why they not able to close the deals.
And i havent seen great selloff lately to validate that company is selling silently (if they know deal is off or evenif they get some sorta hint that it wont work out, i'm sure they will predict that PPS will crash and they will starting the sell before anyone). But again thats just me.
I am still firmly believe that all the deals are in place and its just a matter of time. And in penny land, it doesnt take that long to move from 0.00x level to 0.0x level. CYBL is a recent example (http://finance.yahoo.com/q/hp?s=CYBL.OB). They moved from 0.003 (Sept 13, 2007) to 0.034 (Sept 28, 2007).
I am sure, with WRWN, its just a matter of first signed off deal and we will fly. No doubt.
Difference of opinion.
I don't understand why people has to fight over everything here. If someone thinks that its a SCAM why they even bother WASTING their precious time here on this board talking about it again and again and agian that its a scam.
If they think its a scam, then its a scam for them.
If they ("we") think its REAL POTENTIAL DEAL, then let us think that way. We would love to see this dream. And hey, if you see dream there is a chance that one day it will come true unlike others(I'm sure again they will do clueless firing on this one too).
So don't fight. Just wait and watch. Let the time tell whats the truth here. Fact is no one at this point has any clue about whats going on but the management. Lets wait for next PR update and we will take it from there.
Peace......
If its a scam, they should have dumped already, why would they wait till 0.0004. Simple question.
I guess you got the point.
Its always good to dump the share at 0.0004 compare to 0.01 or 0.005 or 0.0025. And that really make sense as we are dealing with "dumb" management here. :)
Some lucky ones still manage to add more at 0.0004 (don't know why people are selling at this low PPS, they making what couple of hundred bucks here- which again doubtful)
So does I american. I added almost 2.5MM yesterday to my position and joined 8 figure club. Averaging my position down to mid .002 :)
Hoping for a big news soon, till it comes, working on my full time job along with few of my websites. :)
Sometime I wonder, what the hell this software developer doing here in stock market :D But oh well, there's a big money down here, so why not.
Lately its the same with me. I havent heard back from yotty, usually he is prompt responding but not this time.
I am holding ALL my position and waiting for a big chunk here, .005 to .01 atleast. I think, we will have clear idea soon (make it or break it).
Thanks WTC. I am almost down 75% and hate to even login to my brokerage account. But i know, evenif one deal gets done, we will fly and evenif it wont fly too high, I will be in good position ;)
I personally think that its all in management's hand now. WRNW has lotta potential PROVIDED management steps up and provide useful information to all the shareholders. Till then i guess its a wait game :(
I hate current PPS, but good thing is there is a huge potential to make big money here.
Just joined 8 figure club...2.4MM today!!!
Lets hope it pays off and wont drain me down :(
DVFI... NO VOLUME TODAY
Now question is, does management really care about shareholders? This is going DOWN DOWN DOWN, and seems like there is no movement from the management to stop this penny to going further down.
Looks like all the shareholders are in no mans land now :(
Seems like lowman has lost his interest in well renewal. Haven't seen any posting from him in a while.
:)
Love iHUB
Thanks WTC for your response :) Looks like its time to put some more money and add to the position.
Thanks man. I am just holding my position tight before we go on roller coaster ride. I have no doubt on well renewal. It will surely hit the penny. Question is how soon, ever since it started going down from penny its going down down down.
Good thing is, i started to see the positive thoughts running across the board. Thats a good sign. Lets hope we started going up soon.
does anyone has any recent update from Rees/Yotty or anyone else on the deals?
Since when this penny started doing after hour trading? :D
Lets hope we move up soon with the big news hit the market. Dont know what to say after seeing my portfolio all RED since months :( We really need a good news now. I'm almost down with 24K. And at this point cant add more to my position to make the average better.
According to Mr. Rees from his last PR:
- Ongoing M&A activity begun early in 2nd Q appears headed for final completion.
- SEC audits have been completed
- Lender and equity partners are completing their final due diligence.
I think its just a matter of time now. Its worth waiting than fight over. I am still in with my 8MM+ position. And may add more to my position.
Further, Mr. Rees stated; "that ongoing M&A activity begun early in 2nd Q appears headed for final completion. SEC audits have been completed and lender and equity partners are completing their final due diligence."
You are right. Well my average is still bit on a high side, so surely want to get it down as quickly as i can :) But yes, unless news about Team/Cementers hit the market, I am not buying more.
Today's news is surely a plus. And give many shareholders a confidence that was lacking since past few months. Surely a big boost. Lets see how market reacts tomorrow on and how soon WRNW closes the pending deals.
Plus Points from Today's PR:
1). $1.92 Million Deal (More than earlier estimated original deal of $1.8 Million) to boost ongoing mergers
2). Ongoing revenue from the sold leases
3). Ongoing M&A activity begun early in 2nd Q appears headed for final completion
4). SEC audits have been completed
5). Lender and equity partners are completing their final due diligence.
I dont mind if it ranges between ZERO.01 to ZERO.99 ;)
Guys, any prediction on tomorrow's PPS? I am planning to add more again :)
Wish, people stops complaining and start talking positive about this company. I know, they took little bit longer but nothing wrong in waiting when waiting pays off good.
God bless california, god bless WRNW :)
I had my 3MM order, didnt fill in :( Oh well... there is always a tomorrow :) I trust WRNW and I'm sure there is nothing to regret. This is surely kinda investment I want and only thing is its little bit time consuming. But oh well!!! who cares as long as it pays off, not just pays off but pays off GOOOOOODDD!!!!