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WTCT huge NEWS out VOLUME 135 MILLION
FLOAT LONG GONE!!!
WE TRADED 600 MIL++ THE LAST THREE DAYS!!!
FLOAT IS 543,304,309
WTCT NEWS!!! BREAKOUT LURING!!!
WTCT NEWS OUT!!!!!
Military Sub-Contractor Has Interest in WatchIt Technology's Diesel Version of the Fuel Savings Device
SOURCE: ih.advfn.com/p.php?pid=nmona&article=47824115
WTCT NEWS OUT!!!!!
Military Sub-Contractor Has Interest in WatchIt Technology's Diesel Version of the Fuel Savings Device
SOURCE: ih.advfn.com/p.php?pid=nmona&article=47824115
WTCT NEWS OUT!!!!!
Military Sub-Contractor Has Interest in WatchIt Technology's Diesel Version of the Fuel Savings Device
SOURCE: ih.advfn.com/p.php?pid=nmona&article=47824115
I'm very confident that's what will happen, the accumulation has been big, and some profit taking is to be expected, and after the profit taking we see the next leg up witch will be very explosive because the float will be tightly held. Like i said before:
WTCT FLOAT LONG GONE!!!!! FLOAT IS 543,304,309 AND WE ALREADY TRADED 570,000,000++ THE LAST TWO DAYS:
FLOAT IS LOCKED TIGHT!!!
THIS WILL EXPLODE ON LITTLE BUYING PRESSURE!!!!!
MAKE SURE YOU HAVE YOUR TICKETS!!!!!
WTCT FLOAT LONG GONE!!!!! FLOAT IS 543,304,309 AND WE ALREADY TRADED 570,000,000++ THE LAST TWO DAYS:
FLOAT IS LOCKED TIGHT!!!
THIS WILL EXPLODE ON LITTLE BUYING PRESSURE!!!!!
MAKE SURE YOU HAVE YOUR TICKETS!!!!!
GLTA
WTCT FLOAT LONG GONE!!!!! FLOAT IS 543,304,309 AND WE ALREADY TRADED 570,000,000++ THE LAST TWO DAYS:
FLOAT IS LOCKED TIGHT!!!
THIS WILL EXPLODE ON LITTLE BUYING PRESSURE!!!!!
MAKE SURE YOU HAVE YOUR TICKETS!!!!!
GLTA
WTCT FLOAT LONG GONE!!!!! FLOAT IS 543,304,309 AND WE ALREADY TRADED 570,000,000++ THE LAST TWO DAYS:
FLOAT IS LOCKED TIGHT!!!
THIS WILL EXPLODE ON LITTLE BUYING PRESSURE!!!!!
MAKE SURE YOU HAVE YOUR TICKETS!!!!!
Well it's a fact there's no dilution, cause we checked. Going to $0.008 is a real possibility that has already happened in the past with this particular stock. I see a BIG difference, don't you?
Yes it can, because if the shares are not diluted (sold) they do not count as outstanding. The count you mean are the authorized shares.
$0.0016's are getting eaten alive!!! The run is just starting folks, believe me this will go to pennyland real soon!!!
Yes it does, it gives you the most current share-structure including dilution that happened less than a minute ago, and there's none here. It's the TA that dilutes for them if you haven't figured that out yet, you see :)
Did you contact the TA???
WTCT FLOAT: 543,304,309 TRADED LAST TWO DAYS: 509,632,340
FLOAT IS LOCKED TIGHT!!! THIS WILL EXPLODE ON LITTLE BUYING PRESSURE!!!!! MAKE SURE YOU HAVE YOUR TICKETS!!!!!
WTCT FLOAT: 543,304,309 TRADED LAST TWO DAYS: 509,632,340
FLOAT IS LOCKED TIGHT!!! THIS WILL EXPLODE ON LITTLE BUYING PRESSURE!!!!! MAKE SURE YOU HAVE YOUR TICKETS!!!!!
FLOAT: 543,304,309 TRADED LAST TWO DAYS: 509,632,340
FLOAT IS LOCKED TIGHT!!! THIS WILL EXPLODE ON LITTLE BUYING PRESSURE!!!!! MAKE SURE YOU HAVE YOUR TICKETS!!!!!
O/S is 674 mil, float is even smaller because of restricted shares, it's 488,304,309.
WE TRADED 82,58% OF THE FLOAT!!!!!
SOURCE: http://www.otcmarkets.com/stock/WTCT/company-info
Press Release Source: Watchit Technologies Inc. On Thursday May 19, 2011, 8:31 am EDT
"Since the end of the most recent fiscal year in September 2010, WatchIt has reduced the outstanding common shares from approximately 1.1 billion to approximately 674 million at the end of the most recent quarter"
"Debt has been reduced by almost 30% from $3.8 million to $2.5 million and shareholder equity has improved by over $1.3 million."
“This improvement in our balance sheet and shareholder equity is all part of management’s plan to have a strong company as we enter the final testing and begin production of our fuel savings device the “Fuel Reformer,” stated Max Bennett, President and CEO of WatchIt Technologies. “We are committed to a strong return for our shareholders and believe the quarterly financial information filed with OTC Markets demonstrates the success we are having in achieving this goal.”
SOURCE: http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-2988716739.html?x=0&.v=1
O/S is 674 mil, float is even smaller because of restricted shares, it's 488,304,309.
WE TRADED 82,58% OF THE FLOAT!!!!!
SOURCE: http://www.otcmarkets.com/stock/WTCT/company-info
Press Release Source: Watchit Technologies Inc. On Thursday May 19, 2011, 8:31 am EDT
"Since the end of the most recent fiscal year in September 2010, WatchIt has reduced the outstanding common shares from approximately 1.1 billion to approximately 674 million at the end of the most recent quarter"
"Debt has been reduced by almost 30% from $3.8 million to $2.5 million and shareholder equity has improved by over $1.3 million."
“This improvement in our balance sheet and shareholder equity is all part of management’s plan to have a strong company as we enter the final testing and begin production of our fuel savings device the “Fuel Reformer,” stated Max Bennett, President and CEO of WatchIt Technologies. “We are committed to a strong return for our shareholders and believe the quarterly financial information filed with OTC Markets demonstrates the success we are having in achieving this goal.”
SOURCE: http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-2988716739.html?x=0&.v=1
WTCT MUST READ..
WatchIt Technologies (WTCT) is an alternative incubator for developing and emerging Green Technology companies and technologies. The Company's flagship product is the revolutionary "Fuel Reformer" technology. Its focus is on strategies that are structured to mitigate risk and produce returns in all market environments. Its current investment/development strategy is focused on direct investments in small/micro-cap public companies that have emerging growth and development and are exclusively involved in some aspect of Green Technology.
Website: http://www.watchittech.com/
*************************************************
1) WTCT’s Q1 profit: 219,208 dollars
WTCT CEO Bennett: "This is the first time in many quarters WatchIt has had positive income. We continually use technology to keep our costs down and to not incur fixed expenses that burden the company."
Quarter ending 3/31/2011
All Income 259,352 Dollars
All Expenses 40,144 Dollars
Net Income 219,208 Dollars
http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-3794203921.html?x=0&.v=2
2) O/S Reduced to 674 million from 1.1 billion
Since the end of the most recent fiscal year in September 2010, WatchIt has reduced the outstanding common shares from approximately 1.1 billion to approximately 674 million at the end of the most recent quarter.
http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-2988716739.html?x=0&.v=1
3) Debt Reduced to 2.5 million $ from 3.8 million dollars
Debt has been reduced by almost 30% from $3.8 million to $2.5 million and shareholder equity has improved by over $1.3 million.
http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-2988716739.html?x=0&.v=1
4) Authorized Shares 1.5 billion
http://www.otcmarkets.com/stock/WTCT/company-info
5) Shareholders of Record 2,729 As of Mar 08, 2011
http://www.otcmarkets.com/stock/WTCT/company-info
6) WTCT's revolutionary device "fuel performer" is a patent-pending technology.
The device, with its patent-pending technology, alters the molecular structure of petroleum-based fuels immediately before injection into an engine. Once altered, the fuel burns far more efficiently, increasing gas mileage and engine wear. Recent testing in December of 2010 showed a whopping 40 percent increase in highway fuel mileage while reducing some of the deadly tailpipe emissions by 60 percent. While WatchIt Technologies has only tested the technology on gasoline (combustion) engines, the Company contests that it is also applicable with diesel-powered (compression) engines as well, and can be expanded for uses such as oil furnaces, making the device suitable for a wide array of applications.
THE DEVICE IS TESTING A DETROIT-BASED POWER TRAIN TEST LABORATORY.
WatchIt is nearing production of the proprietary device as the next round of testing has been scheduled to take place in Motor City, USA. A Detroit-based power train test laboratory will be performing a wide array of testing, analysis and data collection on three separate fuel reformers using the same engine. The basic plan is to establish baseline performance on a specific profile without the fuel reformer installed and then repeat the same profile with each of the three fuel reformers and compare the data.
http://orders.newsfilecorp.com//files/img_1134_b222e1eb-f467-42ef-a9e4-a9851e9c9f03.001.png
http://finance.yahoo.com/news/WatchIt-Technologies-Raises-pz-2442643702.html?x=0&.v=1
*****************************
THIS STOCK WAS 1 CENT A YEAR AGO.. IN JANUARY IT JUMPED TO 0.007..
CURRENT SHARE STRUCTURE AND FINANCIAL IS MUCH BETTER THAN JANUARY'S SHARE STRUCTURE AND FINANCIAL
I BELIEVE WE WILL SEE $0.01+ LEVEL SOON.
THIS IS MY OPINION, READ, AND MAKE YOUR OWN DD..
WTCT MUST READ..
WatchIt Technologies (WTCT) is an alternative incubator for developing and emerging Green Technology companies and technologies. The Company's flagship product is the revolutionary "Fuel Reformer" technology. Its focus is on strategies that are structured to mitigate risk and produce returns in all market environments. Its current investment/development strategy is focused on direct investments in small/micro-cap public companies that have emerging growth and development and are exclusively involved in some aspect of Green Technology.
Website: http://www.watchittech.com/
*************************************************
1) WTCT’s Q1 profit: 219,208 dollars
WTCT CEO Bennett: "This is the first time in many quarters WatchIt has had positive income. We continually use technology to keep our costs down and to not incur fixed expenses that burden the company."
Quarter ending 3/31/2011
All Income 259,352 Dollars
All Expenses 40,144 Dollars
Net Income 219,208 Dollars
http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-3794203921.html?x=0&.v=2
2) O/S Reduced to 674 million from 1.1 billion
Since the end of the most recent fiscal year in September 2010, WatchIt has reduced the outstanding common shares from approximately 1.1 billion to approximately 674 million at the end of the most recent quarter.
http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-2988716739.html?x=0&.v=1
3) Debt Reduced to 2.5 million $ from 3.8 million dollars
Debt has been reduced by almost 30% from $3.8 million to $2.5 million and shareholder equity has improved by over $1.3 million.
http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-2988716739.html?x=0&.v=1
4) Authorized Shares 1.5 billion
http://www.otcmarkets.com/stock/WTCT/company-info
5) Shareholders of Record 2,729 As of Mar 08, 2011
http://www.otcmarkets.com/stock/WTCT/company-info
6) WTCT's revolutionary device "fuel performer" is a patent-pending technology.
The device, with its patent-pending technology, alters the molecular structure of petroleum-based fuels immediately before injection into an engine. Once altered, the fuel burns far more efficiently, increasing gas mileage and engine wear. Recent testing in December of 2010 showed a whopping 40 percent increase in highway fuel mileage while reducing some of the deadly tailpipe emissions by 60 percent. While WatchIt Technologies has only tested the technology on gasoline (combustion) engines, the Company contests that it is also applicable with diesel-powered (compression) engines as well, and can be expanded for uses such as oil furnaces, making the device suitable for a wide array of applications.
THE DEVICE IS TESTING A DETROIT-BASED POWER TRAIN TEST LABORATORY.
WatchIt is nearing production of the proprietary device as the next round of testing has been scheduled to take place in Motor City, USA. A Detroit-based power train test laboratory will be performing a wide array of testing, analysis and data collection on three separate fuel reformers using the same engine. The basic plan is to establish baseline performance on a specific profile without the fuel reformer installed and then repeat the same profile with each of the three fuel reformers and compare the data.
http://orders.newsfilecorp.com//files/img_1134_b222e1eb-f467-42ef-a9e4-a9851e9c9f03.001.png
http://finance.yahoo.com/news/WatchIt-Technologies-Raises-pz-2442643702.html?x=0&.v=1
*****************************
THIS STOCK WAS 1 CENT A YEAR AGO.. IN JANUARY IT JUMPED TO 0.007..
CURRENT SHARE STRUCTURE AND FINANCIAL IS MUCH BETTER THAN JANUARY'S SHARE STRUCTURE AND FINANCIAL
I BELIEVE WE WILL SEE $0.01+ LEVEL SOON.
THIS IS MY OPINION, READ, AND MAKE YOUR OWN DD..
WTCT DEVICE "fuel performer" is tested by A DETROIT-BASED POWER TRAIN TEST LABORATORY.
WatchIt is nearing production of the proprietary device as the next round of testing has been scheduled to take place in Motor City, USA. A Detroit-based power train test laboratory will be performing a wide array of testing, analysis and data collection on three separate fuel reformers using the same engine. The basic plan is to establish baseline performance on a specific profile without the fuel reformer installed and then repeat the same profile with each of the three fuel reformers and compare the data.
http://orders.newsfilecorp.com//files/img_1134_b222e1eb-f467-42ef-a9e4-a9851e9c9f03.001.png
http://finance.yahoo.com/news/WatchIt-Technologies-Raises-pz-2442643702.html?x=0&.v=1
WTCT's device "fuel performer" is a patent-pending technology.
The device, with its patent-pending technology, alters the molecular structure of petroleum-based fuels immediately before injection into an engine. Once altered, the fuel burns far more efficiently, increasing gas mileage and engine wear. Recent testing in December of 2010 showed a whopping 40 percent increase in highway fuel mileage while reducing some of the deadly tailpipe emissions by 60 percent. While WatchIt Technologies has only tested the technology on gasoline (combustion) engines, the Company contests that it is also applicable with diesel-powered (compression) engines as well, and can be expanded for uses such as oil furnaces, making the device suitable for a wide array of applications.
THE DEVICE IS TESTING A DETROIT-BASED POWER TRAIN TEST LABORATORY.
WatchIt is nearing production of the proprietary device as the next round of testing has been scheduled to take place in Motor City, USA. A Detroit-based power train test laboratory will be performing a wide array of testing, analysis and data collection on three separate fuel reformers using the same engine. The basic plan is to establish baseline performance on a specific profile without the fuel reformer installed and then repeat the same profile with each of the three fuel reformers and compare the data.
http://orders.newsfilecorp.com//files/img_1134_b222e1eb-f467-42ef-a9e4-a9851e9c9f03.001.png
http://finance.yahoo.com/news/WatchIt-Technologies-Raises-pz-2442643702.html?x=0&.v=1
WTCT’s Q1 profit: 219,208 dollars
WTCT CEO Bennett: "This is the first time in many quarters WatchIt has had positive income. We continually use technology to keep our costs down and to not incur fixed expenses that burden the company."
Quarter ending 3/31/2011
All Income 259,352 Dollars
All Expenses 40,144 Dollars
Net Income 219,208 Dollars
http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-3794203921.html?x=0&.v=2
O/S is 674 mil, float is even smaller because of restricted shares, it's 488,304,309.
WE TRADED 82,58% OF THE FLOAT!!!!!
SOURCE: http://www.otcmarkets.com/stock/WTCT/company-info
Press Release Source: Watchit Technologies Inc. On Thursday May 19, 2011, 8:31 am EDT
"Since the end of the most recent fiscal year in September 2010, WatchIt has reduced the outstanding common shares from approximately 1.1 billion to approximately 674 million at the end of the most recent quarter"
"Debt has been reduced by almost 30% from $3.8 million to $2.5 million and shareholder equity has improved by over $1.3 million."
“This improvement in our balance sheet and shareholder equity is all part of management’s plan to have a strong company as we enter the final testing and begin production of our fuel savings device the “Fuel Reformer,” stated Max Bennett, President and CEO of WatchIt Technologies. “We are committed to a strong return for our shareholders and believe the quarterly financial information filed with OTC Markets demonstrates the success we are having in achieving this goal.”
SOURCE: http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-2988716739.html?x=0&.v=1
O/S is 674 mil, float is even smaller because of restricted shares, it's 488,304,309.
WE TRADED 82,58% OF THE FLOAT!!!!!
SOURCE: http://www.otcmarkets.com/stock/WTCT/company-info
Press Release Source: Watchit Technologies Inc. On Thursday May 19, 2011, 8:31 am EDT
"Since the end of the most recent fiscal year in September 2010, WatchIt has reduced the outstanding common shares from approximately 1.1 billion to approximately 674 million at the end of the most recent quarter"
"Debt has been reduced by almost 30% from $3.8 million to $2.5 million and shareholder equity has improved by over $1.3 million."
“This improvement in our balance sheet and shareholder equity is all part of management’s plan to have a strong company as we enter the final testing and begin production of our fuel savings device the “Fuel Reformer,” stated Max Bennett, President and CEO of WatchIt Technologies. “We are committed to a strong return for our shareholders and believe the quarterly financial information filed with OTC Markets demonstrates the success we are having in achieving this goal.”
SOURCE: http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-2988716739.html?x=0&.v=1
Looking very good Epic, you nailed it bro!
waddaya all say we let these 2's behind us for good!!! :)
WTCT DEVICE "fuel performer" is tested by A DETROIT-BASED POWER TRAIN TEST LABORATORY.
WatchIt is nearing production of the proprietary device as the next round of testing has been scheduled to take place in Motor City, USA. A Detroit-based power train test laboratory will be performing a wide array of testing, analysis and data collection on three separate fuel reformers using the same engine. The basic plan is to establish baseline performance on a specific profile without the fuel reformer installed and then repeat the same profile with each of the three fuel reformers and compare the data.
http://orders.newsfilecorp.com//files/img_1134_b222e1eb-f467-42ef-a9e4-a9851e9c9f03.001.png
http://finance.yahoo.com/news/WatchIt-Technologies-Raises-pz-2442643702.html?x=0&.v=1
WTCT DEVICE "fuel performer" is tested by A DETROIT-BASED POWER TRAIN TEST LABORATORY.
WatchIt is nearing production of the proprietary device as the next round of testing has been scheduled to take place in Motor City, USA. A Detroit-based power train test laboratory will be performing a wide array of testing, analysis and data collection on three separate fuel reformers using the same engine. The basic plan is to establish baseline performance on a specific profile without the fuel reformer installed and then repeat the same profile with each of the three fuel reformers and compare the data.
http://orders.newsfilecorp.com//files/img_1134_b222e1eb-f467-42ef-a9e4-a9851e9c9f03.001.png
http://finance.yahoo.com/news/WatchIt-Technologies-Raises-pz-2442643702.html?x=0&.v=1
WTCT's device "fuel performer"[/color]is a patent-pending technology.
The device, with its patent-pending technology, alters the molecular structure of petroleum-based fuels immediately before injection into an engine. Once altered, the fuel burns far more efficiently, increasing gas mileage and engine wear. Recent testing in December of 2010 showed a whopping 40 percent increase in highway fuel mileage while reducing some of the deadly tailpipe emissions by 60 percent. While WatchIt Technologies has only tested the technology on gasoline (combustion) engines, the Company contests that it is also applicable with diesel-powered (compression) engines as well, and can be expanded for uses such as oil furnaces, making the device suitable for a wide array of applications.
THE DEVICE IS TESTING A DETROIT-BASED POWER TRAIN TEST LABORATORY.
WatchIt is nearing production of the proprietary device as the next round of testing has been scheduled to take place in Motor City, USA. A Detroit-based power train test laboratory will be performing a wide array of testing, analysis and data collection on three separate fuel reformers using the same engine. The basic plan is to establish baseline performance on a specific profile without the fuel reformer installed and then repeat the same profile with each of the three fuel reformers and compare the data.
http://orders.newsfilecorp.com//files/img_1134_b222e1eb-f467-42ef-a9e4-a9851e9c9f03.001.png
http://finance.yahoo.com/news/WatchIt-Technologies-Raises-pz-2442643702.html?x=0&.v=1
WTCT's device "fuel performer"[/color]is a patent-pending technology.
The device, with its patent-pending technology, alters the molecular structure of petroleum-based fuels immediately before injection into an engine. Once altered, the fuel burns far more efficiently, increasing gas mileage and engine wear. Recent testing in December of 2010 showed a whopping 40 percent increase in highway fuel mileage while reducing some of the deadly tailpipe emissions by 60 percent. While WatchIt Technologies has only tested the technology on gasoline (combustion) engines, the Company contests that it is also applicable with diesel-powered (compression) engines as well, and can be expanded for uses such as oil furnaces, making the device suitable for a wide array of applications.
THE DEVICE IS TESTING A DETROIT-BASED POWER TRAIN TEST LABORATORY.
WatchIt is nearing production of the proprietary device as the next round of testing has been scheduled to take place in Motor City, USA. A Detroit-based power train test laboratory will be performing a wide array of testing, analysis and data collection on three separate fuel reformers using the same engine. The basic plan is to establish baseline performance on a specific profile without the fuel reformer installed and then repeat the same profile with each of the three fuel reformers and compare the data.
http://orders.newsfilecorp.com//files/img_1134_b222e1eb-f467-42ef-a9e4-a9851e9c9f03.001.png
http://finance.yahoo.com/news/WatchIt-Technologies-Raises-pz-2442643702.html?x=0&.v=1
1)WTCT’s Q1 profit: 219,208 dollars
WTCT CEO Bennett: "This is the first time in many quarters WatchIt has had positive income. We continually use technology to keep our costs down and to not incur fixed expenses that burden the company."
Quarter ending 3/31/2011
All Income 259,352 Dollars
All Expenses 40,144 Dollars
Net Income 219,208 Dollars
http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-3794203921.html?x=0&.v=2
WTCT’s Q1 profit: 219,208 dollars
WTCT CEO Bennett: "This is the first time in many quarters WatchIt has had positive income. We continually use technology to keep our costs down and to not incur fixed expenses that burden the company."
Quarter ending 3/31/2011
All Income 259,352 Dollars
All Expenses 40,144 Dollars
Net Income 219,208 Dollars
http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-3794203921.html?x=0&.v=2
WTCT NEWS OUT:O/S Reduced to 674 million from 1.1 billion, Debt reduced 30%, from 3.8 million to 2.5 million.
By Business Wire 05/19/11 - 08:31 AM EDT
WatchIt Technologies Inc. www.watchittech.com (OTC Markets:WTCT) quarterly report filed with OTC Markets continues the trend of reducing the number of common shares outstanding, reducing the corporate debt and improving the shareholder equity.
Since the end of the most recent fiscal year in September 2010, WatchIt has reduced the outstanding common shares from approximately 1.1 billion to approximately 674 million at the end of the most recent quarter. Debt has been reduced by almost 30% from $3.8 million to $2.5 million and shareholder equity has improved by over $1.3 million.
“This improvement in our balance sheet and shareholder equity is all part of management’s plan to have a strong company as we enter the final testing and begin production of our fuel savings device the “Fuel Reformer,” stated Max Bennett, President and CEO of WatchIt Technologies. “We are committed to a strong return for our shareholders and believe the quarterly financial information filed with OTC Markets demonstrates the success we are having in achieving this goal.”
Follow us on Twitter: twitter.com/watchittech
About WatchIt Technologies Inc.:
WatchIt Technologies is an “incubator” for emerging “ Green Technology” corporations. Its focus is on strategies that are structured to mitigate risk and produce returns to investors.
http://www.thestreet.com/story/11125413/1/watchit-quarterly-results-show-improvement-in-shareholder-equity-and-reduction-in-corporate-debt.html
WTCT NEWS OUT: O/S Reduced to 674 million from 1.1 billion, Debt reduced 30%, from 3.8 million to 2.5 million.
By Business Wire 05/19/11 - 08:31 AM EDT
WatchIt Technologies Inc. www.watchittech.com (OTC Markets:WTCT) quarterly report filed with OTC Markets continues the trend of reducing the number of common shares outstanding, reducing the corporate debt and improving the shareholder equity.
Since the end of the most recent fiscal year in September 2010, WatchIt has reduced the outstanding common shares from approximately 1.1 billion to approximately 674 million at the end of the most recent quarter. Debt has been reduced by almost 30% from $3.8 million to $2.5 million and shareholder equity has improved by over $1.3 million.
“This improvement in our balance sheet and shareholder equity is all part of management’s plan to have a strong company as we enter the final testing and begin production of our fuel savings device the “Fuel Reformer,” stated Max Bennett, President and CEO of WatchIt Technologies. “We are committed to a strong return for our shareholders and believe the quarterly financial information filed with OTC Markets demonstrates the success we are having in achieving this goal.”
Follow us on Twitter: twitter.com/watchittech
About WatchIt Technologies Inc.:
WatchIt Technologies is an “incubator” for emerging “ Green Technology” corporations. Its focus is on strategies that are structured to mitigate risk and produce returns to investors.
http://www.thestreet.com/story/11125413/1/watchit-quarterly-results-show-improvement-in-shareholder-equity-and-reduction-in-corporate-debt.html
Welcome Epic, spread the word bro :) We're going to pennyland!!!
You mean you don't think this is just Ihub players money, but something bigger right :)
HERE WE GO FOLKS ASK IS GETTING SMACKED AROUND!!!!!
If you checked, then why don't you just tell us what the O/S and float is???
This moves lightening fast!!! Little buying-pressure and we go $0.005+ TODAY with ease!!!