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IMPORTANT****READ THE QUARTERLY REPORT 3/31/15 SEE THAT ED BOLLENS OWNS THIS SPECIAL CLASS OF "CLASS D" STOCK THAT WOULD LEAVE NOTHING FOR ALL THE CURRENT OWNERS OF THE STOCK. HIS STOCK IS WORTH $1 A SHARE -- MORE THEN THE TOTAL VALUE OF THE COMPANY!! THIS IS COPIED AND PASTED FOR ALL TO READ.
HE IS EVEN ENTITLED TO A QUARTERLY DIVIDEND OF 51% OF THE NET INCOME!!!
Common Stock
The total number of shares of stock which the Company has authority to issue is
2,010,000,000, which consists of 2,000,000,000 shares of common stock, par value
$0.001 per share, and 10,000,000 shares of preferred stock, par value $0.001 per share.
Series D Preferred Stock
On September 18, 2013, the Company filed a certificate of designation of Series
D Preferred Stock and the Company issued 100,000 shares of Series D
preferred stock to the former shareholders of Algae (See Note 1). Pursuant to the
certificate of designation:
• 100,000 shares were designated as Series D Preferred Stock.
• Holders of the Series D Preferred Stock will be entitled to receive $1.00 per share of Series D Preferred Stock, prior to any distribution to holdersof common stock, in the event of any liquidation, dissolution or winding up of the Company.
• Holders of Series D Preferred Stock will be entitled to receive dividends in the amount of 51% of net income, payable quarterly.
• Holders of Series D Preferred Stock will own 51% of the voting power of
the shareholders of the Company.
Leonard (Ed) Bollen owns 100,000 Series “D” Voting Control Preferred Shares
JUST KEEPING YOU INFORMED ON SOME VERY FISHY DETAILS - KEEP INFORMED.
Jordan
People that have read my messages on the WSTI message board know that I tell the truth, Talk to the CEO'S to hear what they have to say and contact the SEC OR FINRA. I have a LETTER that I sent to FINRA/SEC on the PUMP and DUMP and the financials(abuse) and the Market Manipulation.
WHY WOULD THE PRICE GO DOWN AT ALL IF THEY WERE GUARANTEED THESE CONTRACTS
??????
I know that stocks correct but not this much on such good news.
Some news is too good to be true.
Just saying....
STOCKWIRE RESEARCH GROUP, INC. V. LEBED (S.D.FLA. 2008)
STOCKWIRE RESEARCH GROUP, INC. AND ADRIAN JAMES, PLAINTIFFS, V. JONATHAN LEBED, LEBED BIZ, L.L.C., PIGASA, INC., AND CONSTANCE LEBED, DEFENDANTS. NO. 07-22670 CIV. UNITED STATES DISTRICT COURT, S.D. FLORIDA. SEPTEMBER 18, 2008. *1263
[/I. FINDINGS OF FACT
(1) In 2006, Stockwire was paid by Amedia Networks, Inc. ("Amedia") approximately $657,500.00, to produce and distribute a multi-media documentary presentation that received U.S. Copyright *12651265 Reg. No. PA 1 — 374 — 332 (the "Stockumentary").
(2) Plaintiff Stockwire owns the copyrights to the Stockumentary. Stockwire also owns the trademark STOCKUMENTARY (U.S.Reg. No. 3,436,612) that identifies Stockwire as the source of a series of interactive documentaries on publicly traded stocks, and as the source of advertising, business management, and consultancy services.
(3) Plaintiff Adrian James is the president of Stockwire, and appeared in the Stockumentary.b]
Stockwire Research Group is owned and managed by The Stockwire Group.
I would not be surprised if James is one of the "Accredited Investors".
Founded in 2001, The Stockwire Group is an Austin based, global investment firm specializing in acquiring and partnering with mature and growing businesses.
Over the last 13+ years, the firm has consistently created value in situations characterized by complexity and operational challenges.
The Stockwire Group facilitates relationships with companies, investment banks and professional advisors across diverse industry verticals, including technology, telecommunications, business services, industrial, healthcare, media & entertainment, and consumer products.
The Stockwire Group currently manages a broad base of investments in the mining, biotech, alternative energy, clean water and technology sector.
Copyright 2015 Stockwire Research Group, Inc. All Rights Reserved. T: 512.358.8440 | E: info@stockwire.com
Bottom line ADRIAN JAMES was most probably the person responsible for the Wall St. Revelator Summer 2014 Special Report. He is listed in WSTI reports in Austin Texas. He had promoted stock in the past. The "Stockwire" webpage looks like a "Cover" no info, just a page with a tel # on the bottom right.
I am willing to bet the reason he got 9,875,000 shares for $25,000 and later bought 140,000 for 90,000 is that even after the $900,0000 for the mailings the stock went up to $2.10 share.
ADRIAN JAMES, depending on when he sold made roughly after ALL costs between 12-20 million dollars PROFIT.
This case is between the Johnathan Lebed the youngest internet pumper/scammer and the Veteran(Adrian James) Call it Irony.
Don't think for a minute that Dan Bates wasn't in on this!! And continues this farce of a company with his over paid cronies all making/made out with large profits although the company hasn't --YET!!
I would not be surprised to find that Adrian James is one of the "Accredited Investors"
HOUSE BY THE BEACH
I wish I was like DB. I would be able to smoke and mirror my way all to my HOUSE ON THE BEACH BACK IN CALIFORNIA, which he told me about.
He should at least invite us there since WE PAID FOR IT.
Can anyone verify if Adrian James still has his 10+ million shares of stock
I couldn't get a straight answer why he Bought 140,000 @.64 = $89,600
but wasn't explained what entitled him to the 9,875,000 for $25,000
I am pretty sure I read somewhere that he sold last year @about 1.36 right around the Pump and dump.
That would mean he made approximately $13,600,000 on his $114,000 investment.
DB says that he is still in but that would make AJ an Idiot for watching
his investment go down to 1 cent and I don't think he is an Idiot. A PROFITEER OR MANIPULATOR YES, BUT NOT AN IDIOT.
As for the slow sales in Jamaica is because of not capable installers. How hard is is to use a electric screwdriver even if they are stoned.
You see them install in the video for the LAW FIRM. This is not rocket science or brain surgery!!!
I saw this after I had posted it was new at the bottom of investorhub
NEW UPDATE August 4, 2015-- With current filings, we now see outstanding shares jumping up to 260 million. Management has diluted nearly 200 million shares in 3 months, with no end to dilution in sight. However despite the 1500% hit to the shareprice in 2015, Management has increased Executive compensation from $500k annually to over $4.6 million in 2015!
http://insiders.morningstar.com/trading/executive-compensation.action?t=WSTI®ion=usa&culture=en-US
I SPOKE WITH DB THIS AFTERNOON
He complained about that Morningstar didn't know what they were saying about the compensation that they reported.
So I decided to do a little research from the WSTI WEBSITE it'self.
This is from their ANNUAL REPORT 10K/A from 4/22/15
PART III Page 44 ITEM 11 EXECUTIVE COMPENSATION
ITEM 11 – EXECUTIVE COMPENSATION
Summary Compensation Table
The following table provides certain summary information concerning compensation awarded to, earned by or paid to our Chief Executive Officer, the two highest paid executive officers and up to two other highest paid individuals whose total annual salary and bonus exceeded $100,000 for fiscal years 2014 and 2013.
Change in
Pension
Value
and
Non-Equity Nonqualified
Incentive Deferred
Name and Stock Options Plan Compensation All Other
Principal Salary Bonus Awards Awards Compensation Earnings Compensation Total
Position Year ($) ($) ($) ($) ($) ($) ($) ($)
Daniel Bates,
Chief Executive Officer and Director (1) 2014 204,846 - - 3,255,000 - - - 3,459,846
2013 123,706 - - 147,500 - - - 271,206
David Worrall,
Former Chief Executive Officer (2) 2013 - - - - - - - -
Travis Campbell,
Chief Operating Officer 2014 127,436 - - 620,000 - - - 747,436
Wanda Ferguson, Secretary 2014 89,846 - - 310,000 - - - 399,846
(1) Mr. Bates was appointed as of Chief Executive Officer on May 22, 2013.
(2) Mr. Worrall resigned as of Chief Executive Officer on May 22, 2013.
Employment Contracts and Termination of Employment and Change-In-Control Arrangements
The Company entered into employment agreements (each, an “Agreement” and collectively, the “Agreements”) with Daniel Bates (“Bates”) to serve as President and Chief Executive Officer, William Thorpe (“Thorpe”) to serve as Chief Financial Officer, Travis Campbell (“Campbell”) to serve as Chief Operating Officer and Wanda Ferguson (“Ferguson,” and together with Bates, Thorpe and Campbell, the “Executives”) to serve as Secretary for the Company. The Agreements with Bates, Campbell and Ferguson were entered into on November 11, 2014 and with Thorpe on January 1, 2015.
The base salaries for Bates, Thorpe, Campbell and Ferguson under the Agreements are $350,000, $112,500, $175,000 and $120,000 per annum, respectively, and shall increase 10% per annum, subject to Board approval. The Agreements for Bates, Thorpe, Campbell and Ferguson have an initial term of five years, three years, three years and two years, respectively, with automatic renewal for successive one year terms, unless either party delivers prior written notice at least 30 days prior to the end of a term of its intention to not renew.
Pursuant to the Agreement with Bates, Bates has the option to defer payment of his base salary to a future date he determines. Any deferred base salary will accrue interest at 10% per annum, and Bates has the right to convert any deferred base salary into shares of the Company’s common stock at a conversion price equal to the market price at such date. No such conversion or deferral occurred in 2014.
44
Pursuant to the Agreement with Thorpe, initially Thorpe is required to devote approximately 75% of his working time to the Company, and the Company’s Chief Executive Officer will determine when and/or if Thorpe shall be required to devote all of his working time to the Company. At such time as Thorpe devotes 100% of his working time to the Company, his base salary will be increased to $150,000 per annum.
Pursuant to the Agreements, Bates, Thorpe, Campbell and Ferguson were granted 10,500,000, 250,000, 2,000,000 and 1,000,000 stock options, respectively, all of which vested upon the execution of the Agreements.
MORNINGSTAR GOT IT STRAIGHT FROM THE ANNUAL REPORT!!!!!
I guess DB should have at least read it....lol
He invited me to see the place at work, I live too far away but ANYBODY in a reasonable distance should make the drive and report back.
JPS has only used about 4 million of the 22 million order so they are basically a slow boat to china.
He wanted me to talk to Mike Porter but If I wanted to hear BS I would get married...Sorry guys.
I told him to complain to FINRA AND SEC about the rampant Manipulation but he is to busy running a business to stop people from ruining it.
DANGER ALERT!! SHORT POSITION TODAY AT 66.64% UP FROM 38.35% MONDAY
Last Friday BEFORE the 8K, the short position was only 9.13%
Be VERY CAUTIOUS trading. This is the largest shorting % I have personally seen for WSTI and knowing that 30 million shares could hit the market at any time means danger might be near.
I HAVE BEEN WRONG BEFORE BUT WHAT IF I AM RIGHT AGAIN ABOUT THIS!
ASK AND YE SHALL RECEIVE -
Re: Progress with JPS
Dan Bates Add to contacts 7:44 PM Keep this message at the top of your inbox
To: Jordan Smokler
dbates@windstream-inc.com
Jordan,
Let's catch up tomorrow when you have a chance. Please give me a call.
Dan
MY EMAIL TODAY TO DAN BATES - NO REPLY - YET
Progress with JPS
Jordan Smokler 5:43 PM
To: dbates@windstream-inc.com
Hello Mr. Bates,
I just wanted to find out how things are going on the order with JPS since income from them is
basically is what will help bail us out from the financial problem we are forced to deal with with the convertible
funding that is bringing down the stock price dramatically.
I also wanted to know if James Adrian is still invested as a Beneficial owner of over 10-12 million shares
from the various SEC filings as of July 2014 or has he sold out his position?
It seems like the India venture is going pretty well according to the stockholder letter. I like many others want/need
to know will that venture or the JPS contract be enough to keep WSTI in business? Obviously none of us, yourself
included are happy with the current stock price and the dilution.
Please let me know ASAP,
Thanks,
Jordan
Either he is taking the 5th or he will get back to me with a vague answer. I guess he knows that I have been on the Message Boards.
As to the late trades after market that is obvious Market Maker Manipulation. I have seen It too many times to count but it doesn't mean that it is Dan Bates. It is the people who work at OTC Transfer Inc. taking advantage of their ability to manipulate a stock to either sell it or short it. I will forward the link to FINRA for you since DB doesn't want to even answer me. I sent it at 2:43 Eastern time.
I WAS WRONG NO BLACK MONDAY BUT IT STILL DOES NOT LOOK GOOD!
I had written (spent over an hour) all sorts of info in my prediction and the manipulation....... but for some reason almost all of it disappeared.
Today's trading or lack has me worried that this is the quiet before the storm. You all should be aware that there are about 30 million more shares to hit the market. Last Monday that is what happened from the shares from the 8k were all converted and sold and the price did fall from 1.85 cents to 1 cent.
I thought the same would happen today but I think "THEY" are hoping for a price increase before they dump. They are guaranteed to make money, unlike us but they still want to make more.
Today there was very little trading but shorting was at about 39% so traders and market makers are looking for the dump and getting in.
Someone asked If DAN BATES ever got back to me and I wanted to let you know he did. He called me 6/19/15 and I spoke with him from 2:24-2:51 pm.
He said the one thing that I and you guys don't want to hear...."You won't be happy with next quarters earnings".
If you want to see the market makers manipulating the stock just look at the trading at the end of the day at 2:00-2:15 over 400,000 shares traded and the stock price didn't budge from 1 cent.
At exactly 3:14 a single trade of 36,105 shares moved the stock from 1 cent to .0118 THAT IS A HUGE JUMP ON SMALL VOLUME!! LOOK AT THE CHART!!
Then came the inevitable 1 million share trade at 3:58 PM
As for the Mayor Harold"soup"Campbell he is North Vernon's Mayor and Travis is his son - who supposedly left his 30 million dollar company to join WSTI. Harold gave WSTI a 1,000,0000. loan probably in return for a job for his son and the insider information that would come with it.
FYI WSTI uses OTC Transfer INC. out of salt lake city
Stephanie Campbell is the operations MGT (801)485-5555 Coincidence maybe, but too many Campbell's in this "Soup" for my liking.
Last words of advice if you are going to try to average in wait until the dump, that is what I would do and try to make some of my $$ back.
TO PRO YODA - MY LETTER TO FINRA
You seem concerned that I have only posted since 7/15/15. I think I posted before that.
I guess you didn't notice that I was the 1ST person that first mentioned the MORNINGSTAR FINANCIALS Before someone else posted the link.
I have contacted the SEC and FINRA on 6/17/15. What is your concern? Here is PROOF!
Enjoy the read.
FW: 20150454496
Jordan Smokler 6/17/15 Keep this message at the top of your inbox
To: dbates@windstream-inc.com
Hello Mr. Bates,
This is courtesy from me to let you know that I did contact Finra last month and they contacted me a week ago.
I would like to know why your stock is plunging even though you had record shipping at the end of march and that
you now have opened your factory in India.
I know it can't be due to the selling of Redwood's stock because over a month ago mike porter said that they were down to
their last million share and since then approximately 100 million shares have been traded and over 250 million since April's
press release.
This is a long way from the roughly 200,000 a day prior to the April announcement that started the stock on it's Pump from 7 cents to 39 and now all the way down to .028 cents. You had told me that you were undervalued at 7 cents, I guess that would make this now a buy of a lifetime.
If you and Mr. James are not selling and there is good or little news the stock should be staying the same or going up.
I believed that you wanted this company to succeed since your last one failed. Now I question whether you used your video and audio skills from Avant Interactive, which failed, to promote this company make a lot of money for yourself, Mr. James and others
all at the shareholders expense. If this turns out to be little more that a elaborate 1 year Pump and Dump scheme. I will give Finra
and the SEC more information that I have found out.
If I have to take a major loss because of this, I will make sure that I will follow up on my statement that I will make sure that EVERY Governmental Agency that can probe all the participants that I had mentioned previously will be inspecting you and many others for fraud, insider trading, market manipulation and illegal kickbacks. On top of that I will see about initiating a class action lawsuit.
I know that by Incorporating in Wyoming gives you more protection but it won't completely protect you.
I also question why you are not hiring people to sell in the US even if it was just commission based. On you website Under Jobs you have NONE AVAILABLE and in the pictures of people working it looks like you have maybe 7 people total in the whole factory when it says that you have 47.
Jordan Smokler
From: MarketRegComplaints@finra.org
To: Broncojordo@hotmail.com
Subject: 20150454496
Date: Tue, 9 Jun 2015 13:10:03 +0000
Jordan Smokler
Broncojordo@hotmail.com
RE: 20150454496
Dear Mr. Smokler:
This is to acknowledge that on June 9, 2015 the Market Regulation Department of the Financial Industry Regulatory Authority (FINRA) received your E-mail tip regarding trading activity in WindStream Technologies, Inc. (“WSTI”). We will use the information you have provided regarding WSTI in the scope of our regulatory programs designed to determine whether violations of federal securities laws or FINRA or other rules have occurred. While the reviews conducted by the Market Regulation Department are confidential and non-public, the staff may contact you if deemed appropriate as it carries out its responsibilities with regard to your complaint.
You may also contact the Market Regulation Customer Complaints Team at 240-386-5105 or by email at MarketRegComplaints@finra.org.
Thank you for bringing this matter to our attention.
Sincerely,
Market Regulation Customer Complaints
I AM IN -- But my limit order is at .005 less that half of what we ended at on Friday.
After the last 8k it went from .0185 to .01 so I figure after the early morning dump it will go down about 50% and that is the only place I would feel "comfortable" buying which is just below what Redwood is getting it for at .0052 but with the other sellers I have a feeling that this will be reached before a rebound and short seller covering.
Maybe I can make a little more of my $$$ back but being very cautious.
YES, but it is a VERY EDUCATED GUESS!
I personally spoke with Dan bates on Friday June 19th from 2:24- 2:51 PM.
He told me that I would not be happy with this quarters results.
I think that is why this weeks 8k is giving such a HUGE DISCOUNT to the current stock price.
I don't trust him but this is one time I don't think he lied. He lied to me back in May when he told me that the company was UNDERVALUED at 7 Cents. That's where I lost most of my money buying and averaging in at 5,4,and 3 cents before finally cutting my loses.
I made back a little bit since then but not much compared to what I lost.
I am sorry to be the bearer of bad news but I would love to do what we can to put these thieves behind bars where at least they can't spend our money.
I will personally call the INDIANA ATTORNEY GENERALS OFFICE and request an investigation into the Mayors office particularly Harold and Travis Campbell and all his family and relatives, especially for trades in JUNE 2014 and APRIL 1st of this year.
BLACK MONDAY AHEAD- SORRY TO INFORM YOU - END IS NEAR
I worked as an intern at the late Shearson Lehman Bro's back in 87 and was there and there for BLACK MONDAY.
Tomorrow will be WSTI's BLACK MONDAY.
Over 20 MILLION SHARES
FRIDAY SHOULD BE INTERESTING!
I see I got everyone riled up when I Informed you of the MORNINGSTAR Compensation/payments. What really kills me is how Wanda Ferguson was paid almost 400k as a secretary. If you do the math she was paid $1,532.567 PER DAY.
I worked on Wall street and I know secretary can make good money but NOT THIS GOOD. Especially since the company is NOT even making $$$ yet.My Math 365 days/52 weeks-weekends 365-104=261 work days/400,000 = $1,532.567 day!
Shit, I want to be his secretary....
We know 8 million shares were dumped at or before the open. Even so there was a lot of shares sold today. I bought in at 1 cent I was hoping it would go up like it did toward the end of the day every day this week but today.
Tomorrow It could rebound and the shorts might cover or the "Accredited Investors" could sell more and bring the price down to the 80's or at least retest .85
I wish I really knew the truth about this company because it really does have potential if the products work and they got their shit together they could go after some lucrative gov't contracts.
And where is ALL THE REVENUE from the JPS contract. Out of 22 million they have gotten only a few million, 3-4 at the most I believe.
WAIT UNTIL EARNING THEN BUY AT A DISCOUNT.
Right now is the quiet before the storm. Once the earnings come out the stock will drop and probably retest support at .85 that would be the time to buy and hold and it could be even rocky then but buying now in my opinion would be a MAJOR mistake. I would short but I being a small investor and not a day trader or market maker/manipulator - I CAN'T. They can and when it retests the shorts will probably come in to cover and knock the price back up a bit.
YESTERDAYS TRADING VOLUME
The reason we had such high volume is simple. D Master-Bates issues shares at just over .08 cents the stock is 1.75 cents. What would do?
SELL, SELL, SELL!
We would all do the same if we guaranteed to almost DOUBLE OUR MONEY IN ONE DAY!!
ALL THOSE SHARES HE "GAVE AWAY" where all sold at a profit to the "accredited investors" which could include family and friends and to Redwood.
Then the shorts had to cover and that helped to bring the price back up.
NEXT STOP DOWN!! When I spoke with DB over a month ago he said I would not be happy with this quarters results. The fact that it is taking so long for this quarters results is more concerning.
I think most of the time and resources where used to transition to the India facility and was not used satisfactory to fill the current orders at the Indiana Facility. He probably sent people that would be working locally to train the Indians.
I would get out until AFTER the earning unless you want to lose money!
DB told me back in MAY of this year that at 7 cents the company was UNDERVALUED. What would he say now at just over a penny with TWICE the shares outstanding!!
Look at Morningstar and you will see he gave himself 3.5 million in compensation while the company GROSSED 1.8 million. This should tell you something. Why do you think WSTI is in such PISS POOR financial shape. He also vastly overpaid Travis Campbell(747k) the Mayors son and the secretary(400k) yes 400 thousand to a secretary of a company that has yet to post a profit.
I would be impressed if they were on big buildings or more than 1 or 2 units on a platform. A lot of the pictures looked like the same units with pictures taken on different angles - take a look at the tree's in the back round.
INFO OF 7/17/15 NEW 8K of 11 MILLION NEW SHARES SOLD
WSTI issues 11 million new shares. The Bad News is 8 mil to Redwood at .97 which is actually kind of good news because is was not at the steep discount which practically halved the value last week. This should set a support level at APPROXIMATELY .97 since that is what their previous conversion price was.
The GOOD NEWS is that DB seems to have LISTENED to what I said in my email to him about selling in the market as opposed to selling it to Redwood at deep discount.
They did what seems to be a private placement to accredited investors.
One investor took 1.5 million at .01472
2nd investor took 1.5 million at .014
Although not great news at least they sold 3 million at now a premium instead of selling it Redwood at a discount. They new investors may want to buy more to average in since it seems like they believe in the company and that can help to bring the price up until Redwood knocks it down again.
OPTIMIST - Upside is Unlimited!
PESSIMIST - Downside is just over 1 cent...
Hope everyone had a goo/decent weekend.....Ready for the Roller coaster called WSTI
To hold and/or average in or bail that is the question!
Tomorrow it should retest support at 1 cent and most of the shares that DB gave AWAY at a fire sale to REDWOOD were at about 1 cent so that's good. I just worry because DBates personally told me "This quarters results are not going to make me happy". I don't know if in some way that is already factored in or another reason for the stock to fall.
Also after my head stopped spinning reading the various 8K's and 16K's I see that Jame Adrian supposedly of Vanguard who was generous sold 9,875,000 shares at 1 cent, that was awfully nice of DB.
I think he sold that during the original pump for $1.37 share. The problem that I see is that he might still have 2.5 million warrants for shares at .5 cents that could really depress the share price if he hasn't used them yet. I know they expire in 2016. I wish I could show you this but I am not sure where I was able to dig it up, it wasn't with my other bookmarked pages.
You seem knowledgeable what is your opinion. By the way I did work on Wall St back in 87 at Shearson lehman Brothers.
MY EMAIL TO Dan Bates
Funding with Redwood
To: dbates@windstream-inc.com
Mr. Bates,
I finally think I have figured you out.
Because of all your previous business ventures have failed even though you want to succeed, you have a fear of success.
That is why you are back in business with Redwood which you already have explained and complained to me that they will sell and bring the stock price down. You are selling them shares essentially at 1/2 price and all they have to do is sell it to make money.
In the process that brings the price of WSTI down and erodes confidence of shareholders and scares future investors off.
Doing business like this is one reason banks won't lend you money and you essentially are going to loan sharks.
This doesn't mean you won't personally make money. Eddie Antar made plenty of money with Crazy Eddies before they
went out of business but then again he ended up in jail.
If you had informed shareholders that you need to raise capital to carry the company over while you expand and collect receivables and that you would be selling 2 million shares a week for lets just say the next year you would have been able to sell them at MARKET PRICE not at a MAJOR DISCOUNT and install confidence to shareholders causing the price to probably rise.
Instead by selling it to 2 companies at half price that will just want to dump it before you go out of business you are PREVENTING the stock from going up which hurts all the stockholders including yourself and employees and at the same time.
Last June this was a 180 million dollar company, a year later with twice the stock outstanding it is a 3 million dollar company
with a lot of debt. You should have issued stock when the company was overpriced and at least brought in needed capital.
Your are not a foolish person to get this far, so I have to question why you are doing this?
In one of my emails to you I informed you that I know someone who might be able to help with financing. I worked for him and he's a multimillionaire and owns a few Hedge funds and companies but instead of following up with this offer you IGNORED my offer and AGAIN went with the GARBAGE FINANCING that as you see has knocked the price down over 40%
in the past 2 days alone!! Again I have to ask you and the board are you trying to go out of business?
I know I could have gotten him to give you a better deal but now you have burned that bridge by showing such ineptitude and lack of business acumen.
Jordan
DAN BATES PERSONAL CELL PHONE #1(310)387-7636
If you are upset like myself and have lost a lot of money because of mismanagement and manipulation of this co. and it's stock call him and let him know.
I have spoken to Dan Bates at least 1/2 dozen times. He even texted me last week to let me know that they were going to have a segment on the Today show.
He told me back in may when WSTI was trading at about 7 cents that they were undervalued. He complained to me like others that Redwood Securities was selling out all their shares and that was what was bringing down the stock. Then he had Mike Porter call me and he said that they were just about finished selling and were down to their last few million shares.
That was about 70-100 million shares ago.
The REAL NAME as we now know is REDWOOD MGT LLC out of Sunny Isles Florida.
Dan had told me Boca. It is a 1 or 2 person show. Very shady.
The IRONY is that after all the complaining about how this company is dumping their shares and bringing the price down - what does he do??
He jumps back into bed with them giving them a super sweet deal where they make money until it goes down to about 1 cent and I am sure they are shorting and manipulating the stock and I did send a nice long email to FINRA about this.
I sent him a accusatory text of his misdoing on 5/12/15 and his use of WSTI as his personal PIGGY BANK! How do you rationally or legitimately pay your self COMPENSATION OF 4.6 million in 2014 when your total sales where barely 1.8 million???? I think the secretary got about 700K. When I told him that I will be complaining to the SEC and FINRA the next day the stock JUMPED 52% and ended the day up 44%-COINCIDENCE - YOU TELL ME.
He did tell me that I won't be happy about this quarters results(July) The funny thing is when we talk on the phone he would be more open and when we emailed he would be vague or cold knowing that since it would be in writing it could be held against himself so he was very careful in any email.
What we are dealing with is a man who wants to be successful after all his previous failures and doesn't care who loses money on his venture as long as he makes money. How come WSTI isn't making consistent revenues on the 22 million AMERICAN $'s(Yes-I verified) with the contract with the JPS (Jamaican Power Service) and How much did it cost us for him to get this contract??
That is enough for now but you should have heard how he fumed when I mentioned the article from Seeking Alpha about the stock going down to 5 cents.
I would like to get CLASS ACTION LAW SUIT GOING. He thinks that since he incorporated in Wyoming he can get away with anything.
Jordan
DAN BATES PERSONAL CELL PHONE #1(310)387-7636
If you are upset like myself and have lost a lot of money because of mismanagement and manipulation of this co. and it's stock.
I have spoken to Dan Bates at least 1/2 dozen times. He even texted me last week to let me know that they were going to have a segment on the Today show.
He told me back in may when WSTI was trading at about 7 cents that they were undervalued. He complained to me like others that Redwood Securities was selling out all their shares and that was what was bringing down the stock. Then he had Mike Porter call me and he said that they were just about finished selling and were down to their last few million shares.
That was about 70-100 million shares ago.
The REAL NAME as we now know is REDWOOD MGT LLC out of Sunny Isles Florida.
Dan had told me Boca. It is a 1 or 2 person show. Very shady.
The IRONY is that after all the complaining about how this company is dumping their shares and bringing the price down - what does he do??
He jumps back into bed with them giving them a super sweat deal where they make money until it goes down to about 1 cent and I am sure they are shorting and manipulating the stock and I did send a nice long email to FINRA.
I sent him a accusatory text of his misdoing on 5/12/15 and his use of WSTI as his personal PIGGY BANK! How do you rationally or legitimately pay your self COMPENSATION OF 4.6 million in 2014 when your total sales where barely 1.8 million???? I think the secretary got about 700K when I told him that I will be complaining to the SEC and FINRA the next the stock JUMPED 52% and ended the day up 44% COINCIDENCE - YOU TELL ME.
He did tell me that I won't be happy about this quarters results(July)the funny thing is when we talk on the phone he would be more open and when we emailed he would be vague or cold knowing that since it would be in writing it could be held against himself so he was very careful in any email.
What we are dealing with is a man who wants to be successful after all his previous failures and doesn't care who loses money on his venture as long as he makes money. How come we are making consistan revenues on the 22 million AMERICAN $'s(Yes-I verified) with the contract with the JPS (Jamaican Power Service) and How much did it cost us for him to get this contract??
That is enough for now but you should have heard how he fumed when I mentioned the article from Seeking Alpha about the stock going down to 5 cents.
I would like to get CLASS ACTION LAW SUIT GOING. He thinks that since he incorporated in Wyoming he can get away with anything.
Jordan