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I would go with c. Nothing to move this stock either way. It will just bounce around down here for a while.
dscott???????????????
Never mind I found it. We'll just keep this between us.
Thanks
Lol!
Yes please show me a link. Would love to see if it exists. I have not seen anything from the EPA either.
Good question. Well, if you do the math the stock is a littlle low but not by much. The company doesn't have any sustainable income from sells yet. Everything is based on potential.
As of yet, we have no finance deal, no manufacturer to produce it, no deal to sell it, and no results.
With that said if the D-Bar finanace deal is approved (including reducing dilution from convertible bonds), the JV with the chicago based manufacturer signed, and positive results from testing in detroit come through then a great deal of potential will be added driving this stock much higher. How high is anyones guess.
With all that said they still need to sell the product. This is where substantial value to the shareholder will ultimately be added.
The above mentioned other than sells is supposed to be finalized in the next couple months. Until then we will just have to wait and see.
Still a lot of ifs and they are big. Company doesn't have the best history and is relying on new management to put confidence back into the company. Some believe them others don't. The decision is always on you.
They are planning on moving from the pk to qx in the OTC and ultimately to a real market all together. I am sure this is a requirement as part of the finance deal. Most investors want transperancy and at the pk level you do not have it. If all the above can happen and enough value can get added then moving it to a real market is feasible.
Where is all the issuance under New Management?
Time will tell brother. Guess I'll wait around and see. Not like there is any better companies to invest in these days.
MANAGEMENT DISCUSSION- I believe if you read this you will see exactly where the company stands, where it is going, and some of the questions we have been asking.
I really like the open approach this company takes comunicating with its shareholders. It is apparent that we will not see results until the near end of the fouth quarter. This is more apparent as it is most likely tied to the JV agreement with chicago based manufacturer. Not what I was hoping for but at least an answer.
One of the best things I heard them state was moving the company to a higher level on the OTC market and hopefully to another market. Getting it to the QX doesnt seem like much to us but to investors it means a great deal. At least they have a plan of action and a strong vision for the future. Management continues to try and reduce inherited debt. At least they are trying to correct this problem.
I invested in this stock a while back with the intention of speculation. Not of what it will be tomorrow or the next day but, what it could be in a year. I still believe this company has a great opportunity to capitalize on the current administrations and global focus.
LMAO when I read this stuff you all put out.
Was it what you all wanted? No!
Was it negative in nature? No!
Was there mass selling with the news? No!
Were you so upset that you can never recover? Mostly Not!
The PR was published by Atlanta Capital and the news was an update from the BOD. I actually thought it was alright, not great! Do I wish I could be a fly on the wall and see what is being discussed? Sure. I'm not though and rely on companies to keep me a breast of current situations. WTCT has done more to communicate successfully with shareholders then any other pink company I have researched.
What we say on this board to shareholders has minimal affect on over all pps. No one here is a high roller and is going to make and break this stock.
Company is still moving forward in a positive manner. Maybe not as fast as some would like. If your unhappy or have been burnt in the past(poor trading) then your more than welcome to leave.
If you wish to stay I will be more than happy to poor you a glass of my champagne when I am celebrating in a year.
My opinion is we are going to see a run of positive PRs. Results, financing, and good Q3 results could send this thing record high.
This is setting up to be a great run or a huge disaster.
This was going to be huge news today. Unfortunately President Obama attended plane side services for the return of Amerricas Greatest Fallen Soldiers.
This will put the reformer at the forefront if the technology results get published with positive findings. Let's just hope that IR is exploiting this in the PR to assist in getting the necessary attention nationally. The stars are aligned. Let's just hope management can bring it home.
God bless the families of our fallen comrades.
Well, WTCT does have a new IR firm. Let's just hope this is all part of a new strategy. The way I look at it is that WTCT has stuck it all on the line this time around. If they don't follow through with what they have said, it will be impossible to recover.
Some things are in the details. Will the finance deal have provisions allowing management to buy back the convertible bonds? It's not like they get a blank check to do with what they wish. Bringing on Atlanta Capital to help manage these type of deals from investors is what I am hoping WTCT retained them for. Buying back the debt is the key to raising the pps. Like Mecah said this is on new management to prove to us that is what their intentions are. While moving the product forward at the same time.
VERT, BKRT, and VFIN sell retail and for institutions. I know that one of my bank brokerage accounts executes my orders through different MMs. This is common in the OTC market. Even my ING sharebuilder account executes orders through different MMs in the OTC market.
The T/A for that stock is the one that executes the conversion for that bond. If you call or email them they should give you a real-time SS. Do they? Well, that is subjectional. Do they need to add conversions to the O/S immediately or do they not have to add them until all sells are executed? Anythings possible. I don't know what the SEC requirements are. I know that the OTC market is very volatile and this is where daytraders prey.
Uh thats true if the company is a legit POS. We all have our opinion on how management is conducting business.
All I am trying to say is that this last week of volatility in pps is not due to dilution or conversion or it would have reflected in the SS from Monday til now.
Tomorrow could be a whole different story. Convertible bond holders could contact the T/A, convert and feed it all into the market.
Future conversions or anticipated changes in the SS is left to the crystal ball. Everything else is opinions and assumptions.
The only good thing that comes from these boards is stimulation of thought. It's a learning tool.
Over 200 million traded this week with no change in non-restricted. Where is the dilution. If employee stock options, convertible bonds, preferred stock was entering the market the T/A would be required to report it.
As you can see. No change this week.
This is how companies do buisness. The company issued convertible bonds a while back and now they have triggered and can be converted by the holder. It is not the company diluting intentionally. The only one able to convert it is the holder. They do this through the Transfer Agency. Since March it appears around 80 million non-restricted shares have been added. This is very little and could be much more if the holders wanted to convert all.
This will all change when results are published.
Round Up!
Aug 3, 2011
SS on WTCT
Authorized One and half Billion
Outstanding 1,112,062,659
Non-Restricted 543,758,350
Have a nice Day.
Tom Curtis
Bay City Transfer Agency
Aug 6, 2011
WTCT SS as of today
Authorized is one and half billion
Outstanding is 1,112,062,659
Non-Restricted is 543,758,350
So the latest volume is not a result of conversion. Just shorters taking advantage of anticipation.
So, there has been some conversion more than likely visible in the rise of non-restricted.
The O/S has also risen and this is most likely due to WTCT retaining Atlanta Capital Partners. There services come from aqusition of restricted shares.
Still a low float and diltuion or conversion which ever you prefer is not all that much.
Pos results will wipe that out and push this stock up easily.
IMO next week we will see a PR about due diligence for pending investor (D-Bar) with results coming days after. Very similar to what we seen in Jan 11. The difference here is the retaing of ACP. This is where they failed last time. Hopefully ACP can keep this in the lime light and keep it moving in the right direction.
Of course, JMHO;)
SS as of 10 minutes ago.
Good Morning,
Share structure is brought up to date effective at the time I quote you or when I go into our system.
WTCT SS as of today.
Authorized is one and half billion.
Outstanding is 1,112,062,659
Non-Restricted is 543,758,350
We would only give you what is recorded in our system for the stock, not for any anticipated change.
Have a nice day.
Tom Curtis
Bay City Transfer
IMO-Atlanta Caoital will greatly assist in copyrighting the industry white pages and aid in the final stages of getting the reformer to market.
They will also handle investors to ensure that the company's strategic vision and goals are represented and not influenced.
I see this as forward looking to the next step after recieving results and recieving a finance package.
Hopefully next weeks news will be on results.
LOL!! I check back in on this board daily and it amazes me to hear so many people talking disappointment. I use to be active on the posting but people expect so much more out of this stock on such little news.
What you seen the last couple of days is day traders and MMs taking advantage of the anticipation phase. Yes "Anticipation Phase". Every one knows that if the results come back positive this stock will move up 300 to 500% easily. If they announce a financing package during the momentum it could even go higher.
They also know that results and announcement are close. A little talk on the boards and persuasion gets everyone excited and no one wants to miss the train when this stock goes. So everyone is willing to grab what they can at whatever price. 200 mil in volume over the last days is accumulation. Other than that the price means nothing to me now other than people are willing to pay more in anticipation.
Everything this company has done in the last year is in preperation, anticipation, and reaction to moving this product forward.
We all have our opinions and I will not share my own. GLTU and Me;) By the way, todays news was good not big just like they said.
Waiting and holding with Mecah!
Checking out the other boards and buzz. A lot of eyes on WTCT. Let's see if they jump in!
Don't expect this stock to run until big news hits (i.e. Results from tests). Until then you will see a lot of volatility and a fairly large range through the day. The results should be close. Good results linked with a financing deal could push this to new levels. Could is the questions. Nothing surprises me on how stocks react to news down here. Just look at them as trends and historical news releases and reactions.
Good luck bro.
That's pretty normal activity for MMs. They are always moving and shaking to stimulate interest and maintain activity. It is just normal activity down here in pink land. Don't get me wrong there is money to be made and every once in a while a company stumbles across a good product. If it's the real deal time will tell. I have been around for a while waiting for this product to develop. If the stats are replicated and financing comes through this stock will move a whole lot higher.
How do you claim manipulation? Not saying that it isn't just wondering how you define manipulation and who you believe is behind it.
I see the normal buying and selling by MMs taking advantage of the mass volume realizing the interest being generated by pending news.
I'm always skeptical and Always express for others to be also. Don't jump on the band wagon without your own DD.
As mecah has been saying for a long time "don't put the horse before the wagon". Results is what we need to see. Everything else is icing on the cake.
Goos day of accumulation. We are up to 2 on the break out boards. Big move next week if results come out. Even bigger with additional financing.
Wow! That was intentional! Someone driving it down. EOD looking to be to try and pick up volume.
A lot of bids at the 3s and strong 4s at the ask. This will push up into the 4s today.
Looks like 9s are the new bottom for a while. Gotta a lot to chew through. Gonna take some news to push this higher.
Boards shaping up nicely premarket. 4s most of the day.
GMTA! Its finally friday:) Hopefully we will close out the week on another good day. Been climbing slowly and boards are developing nicely this morning. Would love to finish out at 9 or 10s.
I still think all are waiting news soon.
A lot of things in the works. If it all works out you wont be disappointed. Just remember Rome wasn't built in a day. You want to short there will be plenty of opportunity. If you hold long there could be a lot of money to be made. Do your own DD and dont let anyone persuade you either way.
Good hold on the ask today. Seems as if people are anticipating news soon.
Boards are slow but they are shifting on the bid. This is a good hold. Its almost like a showdown:)
Looks like the 9s are up. A nice buy of 1.9 at 8s.
Labs are the KEYSTONE in which will support the rest.
Thats the way I see it too. Hopefully they have initial results and that is what is driving this interest. Guess we will have to wait and see.
News always drives interest but when we seen over 400m on May 20th there really wasn't any news behind that other than the May 5th release of new testing. Then the Sub news really had no affect. Which I didn't really expect it to. If we could get some good accumulation, then some results followed by financing we could see a great run.
I think the results are nearing and anticipation is rising of where this company will go.
Your 100% correct on that. Its nice to have things aligned before but it ultimately relies on the results.
I just have a feeling that the D-Bar has to have some kind of insight to begin negotiations. Sometimes it would be nice to be a fly on the wall.
I play around in the pinks for fun but can honestly say that this one keeps my interest more than the rest. I feel they have the best potential.
It's always a gamble but I like the communication with this company. Especially since the change in management.
Thanks. WTCT has been quiet on the twitter these last few days. I will just be happy to see the test results come in. Once that happens everything else will fall in place. Being that they are good test results.
VFIN came on at 12s. Hopefully last nights buying has sparked some interest.