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Have there been any lawsuits filed?
Well that is not good.
New 10-Q out. Company has no revenue, and is appears to be a shell. What is going on with this company?
I do have growing concerns about the company filings which show no revenue and contain no updates regarding the business of the company. I am not trying to stir the pot. Technology advances quickly and given that the company hasn't monetized its technology, hence my concern. I welcome a discussion with anyone
I do have growing concerns about the company filings which show no revenue and contain no updates regarding the business of the company. I am not trying to stir the pot. Technology advances quickly and given that the company hasn't monetized its technology, hence my concern. I welcome a discussion with anyone
Any updates here? Anyone talked heard from management?
WBSR should be beyond the developmental stage and should be monetizing its IP, etc. Last year's SEC filings made it clear that all efforts would be aimed at monetizing the company's technology as quickly as possible. The idea in the article sounds great, but I disappointed the only news the company has is "developing more prototypes". I want to see revenue.
Thoughts on the Q3 report?
Management, it would be nice to hear from you.
Any updates? It's been a long time....
Sorry.... I just realized Coal had already posted this article. Still good stuff at least!
Any updates?
Understood, but in the event of a sale of the company, wouldn't those shares be considered for determining the final price per share? (PPS=Purchase Price/Number of Outstanding Shares).
Also might mean dilution, but if he is adding value, I am good with it
It looks as if the owner is going to convert his loan to the company into equity. There's 139.9 million issued shares out of 300 million authorized shares (meaning company can issue another 160 million shares or so). The note allows him to convert a $1.1 million dollar loan to equity on a conversion rate of 1 cent: 1 share, so I guess he could get an additional 110 millions shares. Probably not a bad thing, and may indicate future positive activity. Anyone disagree?
"Management has decided that the fastest way to get the Company’s technologies to market is to not bear the burden ourselves. Numerous third parties already have the requisite infrastructure in place and there is no need for the Company to re-build those elements. Additionally, the third parties we seek to align ourselves with, are better positioned to handle the retail, business and governmental marketing sectors worldwide. They will be experienced, globally well-known entities with everything already in place for a quick launch/utilization of the Company’s technology.
There are three main paths that the Company is pursuing: 1) Licensing the technology to third parties; 2) Selling the technology via Permanent License to a third-party; 3) Acquisition of the Company by a third party via a change of control of the Company; all of which would generate up-front and residual revenues for the Company."
Sounds like a quick sale of the company is possible
I am not selling until it hits $35.00/share.....
Anyone called V-stock to see if shares are free to move
No, but if you do, please let us know what they say....
anyone know anything about the other company Softtech which is the sister company???????
Any update on DTC status?
Anyone heard any updates? Quoting?
Where are we in this process? Any idea of the eta before trading??
Shaking My Head at Webstar.....
SMH at WBSR....
Sounds like the company is about to get an earful if they don't make some sort of communication with their shareholders....
Sounds like the company is about to get an earful if they don't make some sort of communication with their shareholders....
Has anyone heard from the Company? Other shareholders?
Any thoughts on 2021-Q1 report? If there was a backlog of good news, wouldn't that at least need to be mentioned in the last 10-Q? I understand that SEC filings are drafted by lawyers and intentionally negative with disclaimers and risk factors, but there is not a single piece of good news in the last 10Q. Reading it, I am not sure who in their right mind (other than me apparently) would invest.
WBSR, let us hear from you
I would think we would hear from the company first. Has anyone called the company?
I thought those were just placeholder until the quote came out? That's a big spread between bid/ask. Q1 report is due on the 17th, so hopefully they are getting ready to release some big news. Makes sense given the timing.
Any guesses on opening price?
Still haven't heard anything directly from the Company or transfer agent.
Has anyone called the transfer agent to see if we can move our shares?
Also, when is the Company's annual shareholder meeting?
What is the ETA on open trading?
Thank you for sharing this. I am glad to hear they are still moving forward. Hopefully James will come through for us.