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In would if it wasn't nonsense.
Come on. This is the same stuff you said months ago. Most of your comments I can appreciate. They usually make me think, but this is weak. How could they possible be presenting in New York in October if the tech is no good? I guess the people in NY are a bunch of 3rd world immigrants who don't know any better. I don't think so.
I'm not saying you are wrong but Mitch owns exactly 5%? I would expect to see a number with a decimal point. Unless you found that in the fins? Is it right next to where they said they were locking up the shares?
Right on
That's just it. I liked the path it was on but do to lack of communication I can't tell if it has moved down the original path. I want nothing more than for this to be successful.
I am excited for new products also. Updates about all the previous dealings is what I am really interested in. This pr is disappointing. There has to have been some other developments.
Don't forget the distributors. One of there last prs was pretty ambitious as far as distributors.
WLAN sells the boxes to Wifidelity for a reasonable profit. Then Wifidelity will sell for what ever mark up they believe is reasonsble. If demand increases, which I hope, both will demand a greater price. WLAN is not the first business to distribute a product. Focusing on this relationship is a waste of time. IMO of course.
Agreed.
So your saying it's a fact that Wifidelity gets all the profits? LOL That's ridiculous!
Very insightful.
Theory by definition is not a fact. It is an educated guess. In science a theory is considered fact until it is proven otherwise. These are bonds not time travel.
There is a post on the wifidelity Facebook stating 6 months with an option to extend. Would like to see this from WLAN but...it is there.
I'm not mislead. I have no clue if the bonds are real or fake. Based on that, he is important to someone or some group (ING).
He is holding over a billion dollars in bonds. He sounds important to me.
Agree, 100%
I knew you would say that. Lol
Someone responded on the Wifidelity Facebook page to a question asking when the agreement expires. They stated 6 months with an option to extend.
All speculation. Thank you for the financial advice. The only fact in your statement is the insiders shares can be sold.
You misunderstood. I believe Wialan will and can be successful and will. In addition I don't expect the dumping some are talking about. I may be wrong. If it goes to pretty much worthless so be it. I can't bring myself to give up on this one based on nothing but speculation on a message board.
Correct. Keep in mind Wifidelity will purchase the equipment from Wialan. The idea that Wialan will sell the boxes to them at next to no profit is ridiculous. I'm sure Peabody would like to that. The other majority shareholders would never let that happen. The fins identified Peabody as the only related party in that arrangement.
The only fantasy I have come across lately on this board is that the fins mentioned the restriction on the shares being extended. Lala land.
I went through it 3 times and can not find mention of the restriction being extended. I may be over looking it, so if anyone can advised it would be much appreciated.
Sidestyle, can you tell me what page of the filing it states that? Thank you in advance.
Hard to tell. Shareholders have some decisions to make. A lot of speculation out there, and not much info released from the WLAN. Good luck everyone. I am curious to see how this plays out. JMO
Agreed. Is the building in Palm Springs open? Did they hire anyone? What's up with the new distributors? Anything happen with the hotels? Pilot program perhaps? New developments? Is anybody there? Anyone?
Come on NVOB let us know what's going on! Pretty please.
How do you know for sure that the shares will hit the market? Just because they can sell there shares doesn't mean they will. If they do....well that's not good.
There due by weeks end.
Wow...I can't wait for the fins to get released. Go WLAN.
Agee with you. Attention to detail. Income statement looks good, but are the figures accurate? I suspect they are but read the thing over for god sake.
If you look back at some of his prior posts, it was probably just dome and gloom and maybe some tips on prepping for the zombie apocalypse.
Slow decline to being worthless.
I was just reading the fins from may. I was paying special attention to note 1 and the language for the preferred shares. They have a value of 1 million a share. I think it goes on to tell me that they can't get that million until the bonds are redeemed. So if the bonds end up being real does that mean that all the funds are going to who ever owns the preferre shares?
There's a couple thousand shares. Opinions please.
That's funny. I haven't been on this board for about a month and he was saying it then. I guess he is proud of himself.
Whenever the Financials are released, there should be a statement about the agreement with Wi-Fidelity. In that statement I expect it to identify the related parties. Fingers crossed.
I knew I followed you for a reason.
I am in awe at how professional that response is.