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Re: sami1327 post# 151073

Monday, 04/21/2014 3:04:56 PM

Monday, April 21, 2014 3:04:56 PM

Post# of 157299
Not yet. This is going to sound like business basics but, IMO for the company to to sustain a steady share price increase it needs to stop the bleed of shares and increase revenues to a level that can sustain the company and start paying down some of the recent legacy debt (and the IRS lien would not hurt either). I think management is working harder than some are giving them credit. I also understand the frustration from lack of news. But I also understand the need to protect trade secrets until you have other IP protections in place (and there is some IP that cannot adequately be protected from the current legal IP regime thus the need for trade secrets).

In addition, it needs a good shot in the arm from the LJC lawsuit, even if it is a negotiated settlement. Anything can happen when you are litigating and it is not far enough along yet for me. IMO, WSGI has valid causes of action against LJC and the case is progressing well. At a minimum I want to see what evidence is presented in support of, and the resulting orders on, the cross summary judgment motions.

edit: I have turned on others to this stock and some have bought and others have not. In 2010 I was offered the .075 with .21 and .32(I think) warrants but I declined. Without having to worry about averaging down, I have the luxury of catching the first sustained rise.

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