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You can't have audited financials without an audit and you can't have an audit without an auditor also no auditor will sign off on imaginary numbers. The SEC saw through all of this. THAT'S WHY KMAG IS IN THE GRAYS.
There is a positive...there's no place to go but up (wink)
Well at least you admit you're bipolar so anybody reading your posts can't rely on anything you say. We appreciate your clearifing that for us so we could move on. What's crystal clear is WTWO has all the ingredients of becoming a leading alternative energy company in the future and the pps is very attractive to any new investor here today. Recent and expected news dictates a high expectation for a nice pop between now and the first of the year. In fact, I'm adding to my share collection next week. Weeee Weeeeee Weeeeeeee!
Hi and welcome. This is a great time to invest here. Recent PR's include signed POs, financials, and new products. Development phase just ended and MFG is starting which mean revenue. Hop aboard.
Merry Christmas everybody. W2 Energy rocks!
hey that's excellent!
you mean dollars
Most pinks are scams one way or another but they pop and this one's no different. Patience pays...
No deal in Washington will send markets over a cliff...KMAG will go first
Merry Christmas all but not to you Mr. JR Humbug...
I agree WTWO is nasdaq bound...
sounds good
I just dropped Joe an email regarding my concern with the financials. I tried calling he wasn't there so I decided to do it that way. Today's close was expected...nothing doing before the holidays. After the holidays we take off.
I want one of those. I wonder if dedicated shareholders get them. (wink)
I'll call him. I have the number. thx
If that's the case, revenue is understated. Let me give you an expample:
Let's say WTWO did 100K worth of work under a contract: that would be shown as revenue on the income statement.
Now lets say they collect 50K thats cash on the balance sheet. The other 50K is accounts receivable. 50 + 50 = 100
Cash + A/R must = revenue
So there's a problem, we need more explaination. Something is very wrong.
Diddy - I still have a problem with Accounts Receivable. If they're contract moneys not received at end of qtr then revenue is understated and the financials are wrong. Trust me, I did accounting for almost 25 yrs. My guess is the revenue is correct and A/R is wrong.
I'm just wondering why there aren't more eyes on here. Some of us have posted on other boards about WTWO. There doesn't seem to be any interest yet.
WTWO is a good bet now...was in R&D phase...now in MFG producing revenue...early birds get the worm!
Exellent post Diddy
Alot for a basher to overlook
They'll keep reminding us about dilutions
That's all they have
The WTWO express is about to leave the station...All aboard!
~|""|\________|""|._._._.._.________|"|_________|""|_^
| WTWO..........WTWO........... |--\--|----|."/"."/"."/"."/"."/"."/"."/"."/"."/"."/"."/"."/"."/"."/" []<
|_____________ | |===|==|====|=============|====================l>l>l>l>l>
"(@)(@)--(@)(@)"-"(@)(@)--------(@)(@)(@)(@)-----(@)(@)(@)(@)
If the SEC made a mistake, KMAG would've been back in the pinks months ago. Scam'n Jeff is all smoke'n mirrors...he's not to be believed...
Sheep...look behind you, is that the reverse split you're talking about?
WTWO will be uplisted in a week or so. First revenues are shown on the financials and PO's are coming in for more work. This will take off very soon. You may want in...
Great, thanks
Agree, uplisting should start it... I don't expect a miracle but we are undervalued here. You have stronger contacts with the company than I. When you have a chance, could you confirm what makes up the receivable number?
I'll continue to accumulate...if we don't get a run this qtr, we will the next. Investors will come around.
If you only look at the share selling, you're missing the boat. This company has potential of major revenues. There's a lot going on here.
We should get a nice run out of this. The fact that revenues were posted confirms a ligitimate business. I'm assuming we'll see a 10Q filed shortly. After the receivables are confirmed I'm happy. (wink)
Perhaps that's what it is. We need to confirm...
I'm glad the financials are out but how could there be over 400K in accounts receivable and only 115K in revenue? I wonder what else besides revenue is being reported in those receivables? What am I missing?
I'm not looking for financials until after the first of the year.
Correct and while they complain the company is moving forward with production...$$$$$
WTWO has a plant in Canada...hello is anybody home up there?
probably hiding under the financials...
just waiting for financials
bingo, bingo, bingo
you made money here already...congrats
Your right, bad luck but my time is coming...WTWO is going to be huge... bigger than KMAG
Will pull back to 3 by Friday... mark it
Cool heads will prevail...you will regret selling