You might be surprised what is overlooked on that one. Big news is Lewis and Cataldo are coming into town in a week and a half so I doubt he will be dwelling on the bad. It will be real interesting seeing if Cataldo has the skillz to pay the billz this month. Also noticed where ceocast is pumping a different voip company this week. Maybe they never received the check for january.

FWIW from local radio show
Well if you live in or near the Wilmington, NC area Danny Alvis says there will be a "town hall" type meeting with Shawn Lewis 2 weeks from today. No other details at this time. He says the proxy has been approved by the SEC and that a shareholder's meeting will probably be early march. He also says the current loan payment has been made but I'm not sure if that means the quarter million already due or the million due next week. He is also rumoring a deal with another company that starts with "v" which is code to him for Vonage IMO. I believe he believes what he is saying. Keep in mind he is friends of one of the brokers for Newbridge Securities who sold several hundred thousand shares today. All is fwiw and I don't personally trade on his advice unless its in the opposite direction anyway. Thre have been a couple of unusual post on the marketwatch boards today as well. GLTA

wester
Never thought of it like that. Maybe he can learn a new trick or 2 from the previous ceo's. Certainly a lot to choose from LOL.

If he was dumping it would have been a long long time ago IMO. The shares were registered almost a year ago if memory serves but not a good day for holders none the less.

The proxy's have have been changed due to the SEC requiring changes before a shareholder's meeting to take place. Several of the convertable deals at .26 were made pending "shareholder" approval of raising the o/s limit to 400 million shares. They got half their shares already and half after the share limit is raised. Currently the company can issue no shares as they are up against their limit. This is forcing the bridge loans IMO. Since the shareholders meeting has been delayed for at least another month (originally it was scheduled for December 18) I imagine another convertable financing deal is in negotiations. At this price, all previous ones will of course be reset and big time dilution continues. Proxy's have gotten more specific as to the convertable financing deals and WQN's part in them as they have been reissued. The latest one for the first time explains about an employment disagreement between Shawn Lewis and the company fwiw. All along Danny Alvis has maintained 10-12 million per quarter from google revenue. In December Lewis made a statement in an Orlando newspaper article that the company was hoping for a 20% increase in revenues next year to about 60 million dollars. Also a deal for financing has been on the table for months that states if the company can maintain cash flow break even for I think its 90 days a "more fair" deal for cash can be struck. Hope this helps.

Danny's not a disc jockey but a certified financial planner who somehow talked someone into giving him airtime on a weekly basis for maybe 3+ years now. He has had tons of winners and I mean big ones, so he has plenty of supporters, but somehow he fell in love with this stock. He drank the kool aid. Some of us believed in his "google" voip research and bought in heavily due to his close relationship with former ceo Stephen Ivestor on the cheap. We did the dd, knew the risks, and knew when to take profits. Most however did not and this stock has created some very bitter bagholders. The fact that Danny's other big pick at the time was FRPT and it started moving around the time of the VOII spike has given long term holders in this area a big headache. Of course Danny uses the roller coaster past of FRPT as an example to keep folks holding on. He weekly tells frpt folks to cash in for a profit and roll it into...voii. I have to call in once a month to tell folks the latest dd on frpt to keep it from happening. What does Danny get? Don't know for sure but at one time he had at least 400,000 shares here. Not sure how he got them but IMO he deserves every share he has ever gotten/bought. Did you notice the ceocast newsletter this week did not even mention voii? Wonder why? Maybe enough of us emailed the SEC complaint line, maybe their check bounced, or maybe they don't want the price to go up at this time. Who knows.

Yeah the show had no news on voii to speak of. The host who has been in bed with those guys for 2+ years is still big on the company but what else can he say at this point? He still thinks the 8k forclosure filing followed by the 8k/A were orchestrated but who doesn't believe that either? I can't believe the SEC doesn't do a better job on these OB plays. I think it was funny that after the earlier december pump and dump around the ceocast interview with Cataldo, that scottrade would not allow you to purchase the stock on line. You had to call in for the disclaimer and I was told that it was due to irregular volume and at that time was being looked into. Since then resolved. Also somehow folks who own the stock were sent a pump and dump flier in the mail from cvdt and of course it crashed 2 days later. Crap like that is what makes insiders/funds big bucks off unsuspecting retail bagholders. Oh well, everybody has to learn I guess.

flatfixer
The boards are at marketwatch.com and just enter the symbol. Yes Kittie and I and many others on these boards live in the Wilmington area. I prefer not to comment further on these boards or to directly email anyone. If have questions you can PM me at the Investor village voii site if you choose. GLTA

flatfixer
More information that has been given on this show has been posted for over a year on the cbsmarketwatch board usually under the headings DA,Danny Alvis, or radio show. Many poor folks are in this stock thanks to the pumping on that show. He has had the original ceo and felon Stephen Ivestor on multiple times, as well as shawn Lewis and lately Cataldo. He has also visited the company on multiple occassions and even set up a private "shareholders" meeting last December in Wilmington NC but it fell through the day of the "meeting". He also has actively promoted private placements the company has offered in the past and if he hasn't sold his shares, which he says he has not, owns a minimum of 400,000 shares. He pumped the google relationship for months before the 8k filing was released this time last year. He has unfortunately lost alot of folks in this area a lot of money with his calls on this stock. I would have PM'd you this info but I am just a "free" member here and these are not my home boards. If you care to discuss any of this further PM me on the investorvillage.com voii boards. If not no biggy. Blood hound keep up the good work.