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LMAO tell the board again what the stock price will be when WEST gets bought out for 158 MILLION DOLLARS just like Zep did, since youre so infatuated with that deal. LMAOA In case you all didnt know, thats whats happening to WEST, just like Zep.
Or you can just tell the board that you dont have time to do it.
But Im sure you will respond to this post, and then tell me how you dont have the time. And that I should keep pontificating.
Thats what I though! Useless! You cant! You have nothing! I love it...Dude you are all talk, no substance. You cut and paste one article about the Zep and Solar City deal, and you think you know whats going to happen to this company.
"Oh, but I have been here longer than anyone, I was here when it was Akeena, no one knows more than me! You cant tell me anything about this company, I know more than everyone!" " I have house shares, I was here when you were in diapers. I hired Chan myself. I tell him what to do."
Youre a joke...
Mad, what do you think is going to be on the Q report that is so great. None of the revenue from this Hyundai deal is on there. Let say they do 2 million in sales, 100% better than last Q ...they will still show a net loss, cost of goods is more than sales. Their bank account is almost tapped. They will have a negative cash flow.
Heres a question to all on the board...If WEST cant get enough money from the draw from Southridge, how do you think they will get the money to keep operations going?
Yeah...I was hoping you would make a good case for this better shape that you think WEST is in?
Its difficult, I know...take your time...I'll wait. I made my case for WEST being in worse shape than they've ever been...it didnt take long at all!! Since you know SOOO much, and have been here since the beginning, and have house shares, this should be easy for you.
The other day you stated, " I dont have time to school you"
Well school me! You obviously have the time today because you keep replying to my posts. So school me big man! Put me in my place! Show me how WEST is in better shape than they EVER BEEN as you stated.
My understanding is that WEST had supplier problems because of liquidity issues. They were making late payments to suppliers, who in turn quit doing business with WEST. Now that WEST has new suppliers, they still have major liquidity issues. That was never resolved. So explain to me how WEST is in better shape than ever? I personally thought doing 33.2 million was a little better shape than doing 1.2 million, but I guess in the Mad and spin world, 1.2 > 33.2? umm ok?
WEST had 439 K in the bank as of Sept right? they have 12 employees, 10.5K a month rent, operation costs, sales cost, how far do you think that 439K is going? Not to mention paying the new suppliers etc...AND they will lose money this quarter. Cost of business didnt change, cost of goods didnt change, they lost money every quarter theyve been in business. But yet, somehow they are in better shape??? They can only get so much money from Southridge per month, and that is dependent on the stock price. The lower it is the less money they can draw. Its .02 less than the .0179...better shape??? I, ummm....dont ...quite ...understand?
I know why SCTY bought Zep. I read all the articles that you posted, thank you. It was a great deal for those two companies!
Well, its good to know that even when the company was doing 33.2 million in sales, they were still losing money. .52 loss per share on 33.2 M??? WTF?!?!
Just validates my point that this company was never profitable, and will most likely never be profitable. Next quarterly report, even if it shows 2 million in sales, doubling last quarters numbers, will show a significant loss per share. They just cannot be successful at this business.
One thing is for sure, ADVN sht master will be selling his shares during the next run. So when he tells you that he cant wait till it runs so Jeff can burn, know that he is laughing all the way to the bank!
In all honesty Mad, I dont want to see WEST fail. Its not good for people, its not good for business, and its not good for the economy. If solar is to be the one of the main catalyst to rid our dependency on fossil fuels, then I am on board 110%. I believe shorting stocks is an awful way to earn a living, and dread that it is a way of business on Wall St. It just ruins people financially, it ruins the markets, it creates a lob sided, unfair advantage, and I hate it.
Youre "game changer" doesnt guarantee avoidance of BK, net profitable 10Qs do! Youre putting an awful amount of confidence into a well timed PR about "Andalays biggest purchase ever".
Penny stocks are a systematic way of funneling peoples money out of their hands and into the hands of the wolf's, so to speak. There are so many actions going on behind closed doors that you are not privy to, and wont be until its too late. No matter the amount of DD, putting together clues, connecting dots, you will never see whats really going on. That run to .023 Friday was a well orchestrated PR to create volume for a massive sell-off. And people jumped right into it thinking theyre on board to the next big thing.
Remember one thing Mad, you will only know what "they" want you
to know.
Solar stocks are doing well today! Except for WEST...wait WEST is a solar company anymore, they sell panels with plug and play?...no wait, theyre an installation company now? no wait they changed to a licensing company that just...licenses! no wait, they are a company that offers expertise and knowledge to customers yes! no wait...I KNOW theyre a social media company that is going to generate hundreds of millions of dollars! no wait I think they went back to selling panels, but with licensing, and with expertise and service, and installation, and...
WAIT I KNOW! They are a PAPER COMPANY, selling PAPER! I just got my first order over the weekend! I had it rushed fex ed priority! I was very excited to see how it worked in my cat's litter box...and let me tell you all on this board. IT WORKS GREAT!
I went on Yelp, and gave 5 start review, best litter box liner on the market! It really absorbs the urine better than most Ive tried. You just put down 5K shares, and BAM! Instant absorption!
Wow, very exicted to get some more at .013! Maybe Wednesday!
You know spin, what I thought was funny was when you "threw it in my face" when WEST ran that Friday to .023 and you said something to the effect of , ha! see? Take that! But what you failed to realize that it was just Southridge dumping all the shares that they bought over 2014 at a hefty 40-50% gain, all to the detriment of the brand new newbie bag holders created. You say I know nothing, and albeit true in some regards, I am right on the money with this stock. "But why would Southridge invest in a company that would fail?" LMAO They will make a KILLING here!
So tell everyone that I know nothing, and as you buy and sell out of this garbage because youre a good trader, and know how to profit. Just keep egging them on tho hold for the BIG RUN to .12 so YOU can dump this sht along the way.
You can fool Mad and Tim because you can see how naive they are, but I got your number.
Tim, please dont lie. you have read every one of my posts. Not because you want to, because you have to see just what this dumb mf'er is going to say next. And because its entertaining. You might think I am short, long, have no postiion at all. I could be saying all this just to try to keep the share price depressed long enough to acquire as many shares possible. I could be a dis information board troll to try and get you to sell your shares at a loss. I could be a 13 year old kid in daddy's basement with nothing else to do but annoy you guys...You just. dont. know!!
So Cali, remember, everything isnt what it seems on message boards. Thats the beauty of it all!
Cant wait to rub it my face? What? that we are going to .12??? Mad predicted .08, and most here that love WEST think thats ludicrous! Cali would be happy with 1.50, which, I guess according to Roy, once WEST starts generating add revenue from their social media web site that has hundreds of millions of subscribers, that will be attainable! Maybe we can put Mad's "spider web of excellence" as the WEST home page to drive some internet traffic!! LMAO
Thinking that this short covering will jump the stock price is the least of my worries. I have a nice comfy secure net underneath me woven extremely well by Southridge! As long as I have WEST spending money that they dont have, the SR deal will easily prevent any forward movement! Back when that rush to .12 happened, it was done under 30M shares. But I know you knew that ADVN shtmaster because you have been here since the beginning, we know, and we all know you have house shares, we know, you tell the board everyday to make sure that everyone here knows that you have free money here, and that whether WEST fails or succeeds, you will not lose anything. Can you tell the everyone here again so they know for sure that you have house shares, and that people here like Mad Cali and Tim who have hard earned money on the line, that you have house shares and are playing with free money, and that it doesnt affect you either way because you have house shares? Thanks, they will want to hear that from you as soon as possible.
After a quick glance of each company's web site, projects they are involved in, partners (what manufactures panels they use) mega watts installed to date, and history of their work, it was very impessive to see the just how fast and far solar has come in the US.
Not one web site mentioned Andalay or listed them as a partner.
It made me very happy to know that WEST is NO WHERE to be found.
You think Chan has his work cut out for him??? Guess again! I dont think anyone here truly understands the scope of just HOW FAR BEHIND Andalay is. Actually I dont think I did either. To see the 45-1000 mega watt projects these companies have done in the past and are contracted to do this year is crazy!
And to be so foolish as to think no one is going to be able to do anything without going through WEST for their plug and play???
I will be laughing all the way to the bank with YOUR MONEY!
Thank you...I mean it sincerely. THANK YOU! For convicing people to hold on to a dream, and not only hold on to the bag, but to buy more on the way of this garbage!
Thank you Roy for comparing WEST's ability to be great someday with the likes of Google, and Apple, and Twitter. (that gave me a good laugh this morning)
See...all you say is weak, lame, I could school you but I dont have time. You add nothing to this board. Did I say WEST won a patent case? Please provide the post number where I said that...
At least Mad does some digging. I have respect for Mad because he tries! You do nothing, you say nothing of interest. You have zero value here. Please stop posting until you have some else to say except, weak, lame, you know nothing. Dismissed
You make me laugh, along with shtmaster...you try to discredit me by saying, "lame" and "weak" its laughable. If you want to discredit me, refute what I say with facts, not call me names..thank you!
Your lack of intelligence shines "threw" with your use of the English language. "shines threw"??? LMAO No wonder your "spider web of excellence" looked like something put together by a 6th grader...IT WAS!!! (as long as you want to throw juvenile insults, I will play at your level)
Thank you for telling me a flame is hot...I was on the fence about that...
I dont need people to believe me Mad, the stock is shorted by 69% (according to Royallen I think)
The problem is too many people think like me, and theyre putting their money where their mouths are by shorting WEST. You are the one who needs people to believe you, and judging by the efforts of you "spiderweb of excellence" (i cant even type it without laughing) campaign, YOU are the one who needs people to believe in you.
Maybe you should have spent a few more hours on what looks like an 6th grade science project.
Ok here you go...
Tell me how they Plan to win over the American market with no product? They cant, they need a product, and unfortunately, hardly anyone was buyng it the entire time it was on the market.
Why would they bail on a product they fought for in court and won?
They didnt
Why would Andalay never change Their ticker 17 months later?
changing tickers involves fees...they cant afford it
why would westinghouse abandon patents that are key in the industries growth that they have been focusing their entire game plan around for 12 years? Is this a trick question?
Happy?!
You keep asking these questions like, " why would Chan take a job at a company that would fail" "why would Southridge invest 5 million in a company that would fail" "why would, why would why would" I get it!! I see the picture your trying to paint Mad, but I think its a crappy painting! The only thing that could change my perspective on this company is consecutive net profitable quarters, at least 300K net profit. That would show the ability to be successful at their core business, with the ability to reinvest money back into the business and grow. But they cant do even do that!! And they dont have the volume to do that kind of cabbage. You keep talking of these new and big things happening but they are not profitable at what their supposed to be doing, which is selling fricken solar panels! So spare me your constant questions about bigger pictures and brighter futures! People are claiming all this expertise, service that Andalay has..who cares? Every company who sells panels and does solar installs has service and expertise. The only difference is, everyone elses panels are on the fricken houses EXCEPT ANDALAYS!!!!!
THIS is your great twitter spider web of excellence thing you were putting together??? You pasted a bunch of company logos on a poster board along with a back to the future picture and some ?? on a 2 tier company phrase? OMG Thank you! I actually laughed out loud! You made my day Mad! That is the funniest thing I have seen in a while!
Hey Muvucker,
I dont think I am over analyzing at all. I think people here are under estimating just how bad their predicament is. Its a matter of perspective, thats all. Its not even a matter of who is right or wrong, its a matter of survival. Can they survive the toxic financing, and the downward pressure of so many betting against it. Sometimes thats enough to BK a company.
Solar is global, and the big players are condensing, buying out smaller companies left and right. I think Canadian Solar bought 8 companies in 2014 alone! Just like Walmart forcing out the mom and pop shop grocers, the same tidal wave effect is going on in the solar industry. WEST cant stand on its own two feet, let alone be competitive against these giants. Its a losing prospect, and its a fight that Chan will go down, albeit swinging with all his might, it wont be enough.
Hey California, welcome to the board! Glad to have ya.
My trash talk isnt with a vindictive mindset. Its with a realistic scope of just what is exactly in front of this company moving forward. You say the past is the past, and to just let it be, but its not that simple. Much damage has been done to their credibility, credit worthiness, and loss of market share that in my estimates, is just too much to overcome at this point in the game.
When you have no options left to play, you get stuck in financing deals that are under horrific terms. These equity deals that WEST is taking are equivalent to giving a person who has a court ordered lien on his home, a repossessed car, 100K in credit card debt, and a minimum wage job a credit card at 30% interest rate. Its financial suicide! For a business with negative cash flow, insurmountable losses, and debt that cant be repayed, its a dead end. (And contrary to Mad saying that the reason Suntech doesnt call in on that debt is that the stock is just too valuable, lol, is far from the truth. A more realistic guess is that Suntech figures that if they call in the debt, surely it will BK the company, and they get nothing, as opposed to waiting to see if they can somehow be profitable in a couple of years, they might recoup that 900K.)
Southridge is here to make money, thats it. Everytime they buy WEST stock that they are contracted to buy, I could all but guarantee that any movement upwards in stock price, and they are selling like mad. I'll bet they made a hefty profit on that Fridays run to .023, knowing good and well they would have to buy more when it dropped back down because it wasnt going to be long before WEST needed more money. Wash, rinse repeat. Southridge is NOT getting stuck holding the bag on 85 Million shares. Problem for small retail investors like people here, is that Southridge is doing it in million share blocks, which inhibits any momentum from holding on. You just cant keep gains when someone is diluting the market with millions of shares. Most investors of pennies dont have this vision of grandeur that this is the next big thing. This is a company in turmoil, hence the 69% short rate. They smell blood in the water, all they want is to get a bite before it dies. When you have too many sharks nibbling on the carcus, its just a matter of time...
While I applaud Chan and crew for pressing forward, I cant share the same vision that people here have. The odds are too great of failure. Unfortunately, too many investors think like me, and arent expecting for that hail mary to find the receiver in the endzone. When you have that much downward pressure from SO much money, its suffocating any air being breathed into the company.
Are they charging momey for this "expertise"?? Or is that included in the panel and hardware cost that they lost money on?
Until Jackie starts functioning as a CEO for his company at the most basic level, being profitable at your core business, I dont care what this guy does.
And Hyundai has no loyalty to Andalay. You make it sound like Hyundai is going to have Andalays back in a fight. NEGATIVE! Hyundai is making a whopping 1 MW of panels on a trail basis.
But I would expect the spin master to try to spin something from nothing. DENIED! NEXT!
UNless you have a Linkedin account no one can see your resumes of Jackie Chan and execs that you sent. (at least thats what Im presuming you sent to show me that great people are at the helm.
Margins are not negative industry wide. Canadian Solar operates at 19-21% margin. WEST's are negative. You keep talking about this added value package, but I fail to see where they are adding value to anything, and to whom? All of these new customers that dont exist? All these mom and pop shops? 1 house at a time? LMAO
I think ADVN sh!tmaster said that CSIQ infringed on WESTs patents. CSIQ has 800 million cash in the bank. WESTs entire market cap is 4.3M LMAO I have no worries that WEST can do anything about it. Maybe that tweet CSIQ sent out back in November about Andalay was to let WEST know that they were taking there patents! LOL
WEST is nothing, has always been nothing, and will amount to nothing. The entire world is going solar at a break neck speed, and WEST cant pay a debt from 2009. WEST isnt on the map of solar. WEST doesnt know where to get money next if Southridge deal doesnt play out in full.
If it stinks like shit...its probably shit...
Youre assuming that there is some sort of permanent contract that Hyundai is here to stay. Not so much. So its sounds like WESTs entire future rides on Hyundai...better hope that MOU was in blood! LMAO
No sh%t sherlock! WEST makes nothing, they build nothing, they service nothing. Everything they do is subcontracted out to someone else, who most of the time they cant pay in a timely manner anyway. This is s fricken shell company with nothing but a couple of patents. I imagine that WESTs reputation for not paying its suppliers will get to a point where they cant secure a contract for supplies anymore!
The only thing WEST does is prints worthless paper! They tell Southridge, hey buy some of our shares, were broke right now. But even that well is limited.
Whatever light you see at the end of the tunnel is a mirage, a figment of your diluted imagination that this company can survive at this rate of losses.
Here is a scenario for you since you like science fiction from Mad so much. A company steals WEST patents, builds its micro inverters, AC hardware and mounting to exact specs in China somewhere for a fraction of what WEST does it for, and uses it for all their solar installs. By the time WEST can even start the litigation on patent theft, this company has made millions and becomes the standard of residential solar installs. They will drag out the litigation for years in court. A fight that WEST cannot afford, or remain solvent for any extended period of time in doing this. By the time any settlement is reached in some indefinite time frame , WEST will have had to file BK, or reverse split their stock, drop off the OTC onto pinks, then grays, and will become a distant memory of a company that tried to fight the big boys and lost.
Service, support and expertise??? LMAO What people are doing this? Does WEST have a customer service team hot line that people call? How are they getting paid???
No margins in panels? The cost of goods is higher than the revenues!!! They have negative margins! They lose money every time they sell a unit!! Please explain to me how a company can lose money on every unit sold, and stay in business. I would love to hear that busines strategy!! Anyone??
The only life line they have is Southridge and there is no guarantee that WEST can even use the 5 million available to them... "There is no guarantee that we will be able to fully utilize the Equity Line. There are limitations on the number of put shares that may be sold in each put. The number of put shares that Southridge shall be obligated to purchase in a given put shall not exceed the number of shares that, when added to the number of shares of our common stock then beneficially owned by Southridge, would exceed 9.99% of our shares of common stock outstanding. Thus, our ability to access the bulk of the funds available under the Equity Purchase Agreement depends in part on Southridge’s resale of stock purchased from us in prior puts. If with regard to a particular put, the share volume limitation is reached, we will not be able to sell the proposed put shares to Southridge. Accordingly, the Equity Line may not be available at any given time to satisfy our funding needs."
What then???
AAL will always be the one that got away from me. I bought at .39 and sold at 3 something, thinking I hit the jackpot with my first 10 bagga! To my dismay it went on to do what it did. Thats where experience and balls of steel are needed!
We'll see how those qualities are needed here to be your next big hit! GL
Well, when the good is an MOU from Hyundai and a tweet from CSIQ, and the bad is a court judgement, a zero balance on the WEST atm slip, and pink slips for most employees with no severence...I think its safe to say the bad outweighs the good...
OMG Mad you figured it out! Canadian Solar, with their superior panels, cant afford to pay WEST their little licensing fees for their hardware so will probably abandon their own panels that are made in house at great profit margins, and use Andalay panels instead! What did CSIQ do this last quarter in revenue? 178 Million dollars?
Please stop with the licensing scenarios. You know nothing about it, so for you to make these wild assumptions is just silly. Lets leave the licensing to the billion dollar market cap companies, and leave the t shirt shooting into the crowd to you.
People have said it before on this board, in the grand scheme of pennies, you really dont get a better stock and chance on the OTC than WEST of succeeding.
I have my reservations. I think people here are overly optimistic about this. I understand that when youre at the roulette table and your cheering for 22 to hit, deep down inside you know its probably not going to. But its that exhilaration that trumps your good reason that its a bad bet. Thats how I feel here. However you look at it, its a terrible bet. But people are convinced that this will defy the odds and Chan will push it through.
(And please dont come back and tell me its a great bet people, its not. Any company that has NO money, is cash flow negative, judgements against them for hundreds of thousands of dollars of bad debt from years ago which was actually 3.7 million, laid off most of their employees, has sold 330 million shares of stock in the last year and a half and isnt anywhere near stopping, is a horrible bet.)
I did look at that tweet you said to look at with csiq twitter.
Yeah, impressive. I wonder why there wasnt a PR put out by WEST themselves that there was a collaboration going on. Was it that CSIQ contractually forbid them from saying anything?
My thought is that if WEST is going to get these deals with csiq and Hyundai and others, it only seems to be for the patented mounting and installation hardware. What about the panels themselves? Im sure there is a nice margin on the panels, right?
Can WEST big a big player in the field of solar installations if they are licensing out their ace in the hole plug and play to everyone and anyone who wants it??? Does that take away their edge against their competition?
Im not sure which direction Chan is taking this, but if these collaborations keep gaining steam, is their enough revenue in the licensing stream to be a big fish! I'll refer to PLUG power again because that was a stock at .16 that went to 11 in months with a deal from Walmart. Does WEST just need a huge contract to put this stock in the stratosphere?
All good questions...
What...we cant have a little fun talking sh!t?!?!
Everything has to be serious?
You should be happy the short interest is at 69%. The RSI is probably getting low. Volume increase precedes a big move, and volume has been steadily increasing since Fridays big move. Short squeeze in the works? MM has been hard at work moving those 200K blocks around.
Perfect storm right before earnings release?
BACK DAT TRUCK UP BEEOTCHES!!
Keep the fruit basket! That money would be better spent on more WEST stock. There is a TON available at .0165 and below. 200K and 300K blocks going out like crazy! I bought 50K just to have some scratch paper for my printer at work. Why buy the good stuff at Staples when this shit is on sale!
As long as every 10K they put out says this, I have no fear at all:
"We currently face challenges meeting the working capital needs of our business. Our primary requirements for working capital are to fund purchases for solar panels and microinverters, and to cover our payroll and lease expenses. We have incurred net losses and negative cash flows from operations for the quarter and the nine months ended September 30, 2014, and for each of the years ended December 31, 2013 and 2012. During recent years, we have undertaken several equity and debt financing transactions to provide the capital needed to sustain our business.
"Our significant operating losses, negative cash flow from operations, and challenges in rapidly securing alternative sources of supply for solar panels, raise substantial uncertainty about our ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty, and contemplate the realization of assets and the settlement of liabilities and commitments in the normal course of business. There can be no assurance that we will be able to raise additional funds on commercially reasonable terms, if at all."
I had a feeling I might have interpreted that wrong. Thank you for straightening that out.
Sadly they can not pay their debt even with a 75% discount.
I still think that Mad is Steven Chan. This is his great marketing team to sell solar installs. Mad and ADVNspitmaster at the helm of getting WEST back to greatness.
Ummm, yea, I ll bet against that!
Im glad to see that you had the sense not to refute my posts, as you cant. It made more sense to you to go to a personal attack, seeing as Duvane put you in your place earlier!
That drawing was for Madhouse. Maybe he can add that to his twitter account for his "spider web" something that he is doing. Mad, you have my permission to use that drawing I made for you. Enjoy!
As far as 10Ks go, I would rather WEST not put out a 10K, that way we dont know JUST how bad things are over there. I told you dude, I dont have to bash, WEST does that for me by their daily operations.
Not sure what you mean by nice try. Your post shows that as of Dec 2013 Suntech hasnt decided to enforce a court judgement!! WOW thanks for setting me straight that WEST is a horrible credit risk! All that tells me is that Suntech has them by the balls.
How are they going to move forward and pay new vendors to make new hardware for the new contracts when they cant even pay the 2.7 MILLION dollars they owe from now defunct operations???
Oh thats right...Sell more stock!!! They cant pay their vendors, they cant pay their employees, issue more worthless paper that no one wants, and thats obviously the case because 3 of the 4 vendors that are owed the 2.7 million dont want paper. THEY WANT MONEY, like they were promised.
Did WEST issue an MOU to Suntech saying, Hey we have an understanding that you build our garbage panels that no one wants, and well shove it in your ass when the bill comes???
"I'm pretty sureeeee...they paid off their existing debt last year during q1 or q2 "
Is pretty sureeeee a financial term that means talking out of your ass???