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"re-evaluate some other deals that are not panning out". This seems bad news, if he can't get any deal done WNSH won't go anywhere.
Any idea what went wrong ?
Zero ! He knows he has not yet done anything useful to the company.
Look at www.comdirect.de, select NMKT (Frankfurt or Berlin), and look at the volume chart for the last 6 months.
I never talked about Caymans or London. So don't use the B-word if you can't stick to the facts.
Prove to me that there was more volume traded in Germany, and I admit I was wrong.
Over the last 6 months about 300.000 shares traded in Germany (200.000 in Frankfurt and 100.000 in Berlin). Today 3.9 mio shares trades on the OTCBB. Short selling might be legal in Germnay, but did not happen in the last 6 months with any significance.
Why would he anyway ? He can just give himself shares as he likes, preferred shares of course.
Why would you pay for shares if you can get them for free ?
When were you told this ?
Why would that happen ? What I have heard from Frank he made the impression to keep the two separate.
??? This is old news !!!
Did he tell you that ?
Correct, this is what I believe too. Also, being reporting/public, he can ask more for his shell.
Who cares about 8 wells or so ? I hope Frank has something better for WNSH.
The bid did not really go to zero. I had a bid in at 0.0001, and it still showed a bit of 0.00. MMs are playing with it. Most of today's trade went into my pocket.
What if they actually found someone to give WRNW a few 100k and they did start reworking the wells, as PR-ed in late March ? It would be too good to be true, but if so, we could see a penny really quick.
The leases must have some value, and if they have a court order to clean them up, as laternative, maybe, ... just maybe, they are allowed to get them back into production ?!
I expect some decent progress in the next 6-9 months, in terms of sales increase and profits. We'll see.
I definately they got some good technology with the honey based dressing, that should work in the longterm.
Did I post anywhere that he sold shares ? No, I did not.
Did he give himself 150 mio shares to take into his grave, I don't believe so. So they gone get sold, sooner or later.
Why is he not doing any mergers now, ... ? You don't need to be on the OTCBB to do mergers, or ? Even if you are a pinky, value would come with mergers ? 60B shares are already available for months, and nothing much has changes, except for a majority interest in "Multi One", and that is only intended and has added no value just yet.
It is easy to blame it all on Ellis.
Until now Frank did not add any value, that's a fact.
Will he add value in the future, I well d*mm hope so, I want to make a profit here too, but can't at 0.0001.
"If he was going to pump and dump that is a perfect opportunity" Why ? It is ony an opportunity if the share price goes up, and it currently does not. So, it is not a perfect oppoertunity.
The share structure did change, he raised it to 60B, he just has not used them just now.
Why are you defending him like this. Since he took over he has had no positive lasting impact on the share price.
He might have in the future, but only time will tell. In the meantime he is loading up with shares.
CEO's ATM, BOTTOM LINE
"putting shares into your pocket when you own or are CEO of a company is not that uncommon". Just because it is not uncommon does not mean it is honest. There are plenty of selfish CEO in this country, and ours is just oanother one of them, ........
"If he was going to dilute it would have already happened." How do you know ? He might just be looking for a better moment, which has not arrived yet.
Yes, he is in charge of the company and his own pockets, that is obvious now.
I put money into this too and I don't have the means to give myself an extra 150 mio. shares @ 0.0001. It is not smart, it is the moment to recognize that he is only going to look after himself. Even at 0.0001 he can make moehy on this, and all others, including you and me, can't.
Look at post 34696:
"For the year ended December 31, 2007, the Company received $15,994 from the Chief Executive Officer. The Chief Executive also received a grant of 150,000,000 shares of Class A preferred stock with a value of $1 during the year ended December 31, 2007."
I call this selfish.
... and on another thought, why did he gave himself preferred shares, he could have also taken the common; but hey, he probably does not see much value in the common shares, ...
He might have paid some stuff out of his own pockets, but now he rewarded himself really good for that. Anything wrong with pointing that out ?!
I am not saying this is unlawful or unethical, I am just saying he is looking well after himself.
.. and he put 150 mio shares into his own pocket
He got 150 mio share for what ?! ... and he will keep them forever, surely not. I would like to have a 150 mio share present too.
.... well, if he has this much time for a new position, I'll guess he gave up on WNSH, or is he smart enough to be COO for TCHL and CEO for WNSH ? Oh, he can always dump the other 60B shares if he runs out of money. Doesn't make sense to me....
Bad, bad, bad, ....
What a deal, 150 mio shares for services. Looks like the CEO started his selfish use of WNSH to fill his pockets.
Bad, bad, bad, ....
Still here and buying more.
It is under anybody's radar screen, at least for now.
Yes it does, 0.01$/share
Gross profit down from 34.6% in Q1.2007 to 25.9% in Q1.2008. I expected the Olympics to have a positive effect on revenues and profit, not a negative one.
I would not be surprised if LWLL tanks tomorrow. Profits are ment to grow Q over Q, not shrink.
... and net profit down, that sucks.
Where did you hear that ?
I think it really depends on the companies he is merging with. A R/S of 2000 would bring the shares outstanding to just 1.8 mio. So 10 or 20$ PPS would still only be a mkt.cap. of 18-36 mio $.
They have a buy recommendaton by Dutton Associates:
Dutton Associates Announces Investment Opinion: Linkwell Strong Speculative Buy In Initiating Coverage By Dutton Associates
ROSEVILLE, Calif.--(BUSINESS WIRE)--
Dutton Associates initiates coverage of Linkwell Corporation (OTCBB:LWLL) with a Strong Speculative Buy rating and a price target of $.38. The 13-page report by Dutton senior analyst Stanley Ng is available at www.jmdutton.com as well as from First Call, Bloomberg Professional, Zacks, Reuters, Knobias, JCF Group and other leading financial portals.
Linkwell is principally engaged in the development, manufacture, sale and distribution of disinfectant healthcare products, primarily to the medical industry in China. The Company has a nationwide marketing and sales presence throughout all 22 provinces, as well as four autonomous regions and five municipalities in China. This provides Linkwell a major competitive edge over the much larger foreign competitors like 3M and Johnson & Johnson, due to their limited product line and inability to attain critical mass in the China disinfectant market. Cooperation agreements with Ecolab signed in mid-February indicate that even the global leader in the healthcare and disinfectant industry wishes to leverage on Linkwell's established marketing channels to grow its business in the huge China disinfectant market. In our view, Linkwell is an attractive vehicle to participate in China's large and growing disinfectant market, which is driven by increasing health consciousness in China, ongoing government reforms in hospital sanitation, medical standards and disinfectant regulations and the government's educational program to increase awareness about public health and hygienic standards. One of Linkwell's major products, An'erdian Skin Disinfectant, has been chosen for use in all hospitals supporting the 2008 Beijing Olympic Games. Also, Linkwell has been selected to train and license all disinfectant and pest control professionals in China for the Beijing Olympics.
About Dutton Associates
Dutton Associates is one of the largest independent investment research firms in the U.S. Its 30 senior analysts are primarily CFAs, and have expertise in many industries. Dutton Associates provides continuing analyst coverage of over 140 enrolled companies, and its research, estimates, and ratings are carried in all the major databases serving institutions and online investors.
The cost of enrollment in our one-year continuing research program is US $35,000 prepaid for 4 Research Reports, typically published quarterly, and requisite Research Notes. The Firm does not accept any equity compensation. We received $20,000 from the Company for 2 Research Reports commencing on 05/09/2008. Our principals and analysts are prohibited from owning or trading in securities of covered companies. The views expressed in this research report accurately reflect the analyst's personal views about the subject securities or issuer. Neither the analyst's compensation nor the compensation received by us is in any way related to the specific ratings or views contained in this research report or note. Please read full disclosures and analyst background at www.jmdutton.com before investing.
Source: Linkwell Corporation
from www.nasdaq.com
It really depends on what type of companies he is bringing into WNSH. At a PPS of 0.0001 the market cap is 360k. If he brings in decent companies we might get a market cap of 36 mio., which would be 1 cent. The questions is, how many shares does he need to give those companies he is bringing in !?
There are too many unknowns to make a sensible PPS prediction.
I am not good in making predictions. Lukely for me my average is 0.00022, so it does not matter how much it goes up to make at least some (small) profit. If I get to 100 mio with 1s, my average would be 0.00018
If it takes until 2009, maybe the interest in this company will fade during the 2nd half of 2008, and maybe we get a chance to get some 1s. I am still aiming to get above the 100 mio share count, but not at 2s. I've got enough 2s by now.