Ummm, nice to see the light bulbs FINALLY. Wgas sells shares, Volk gets his money up front and makes sure there are enough shares to cover the debt, no matter how cheap they get. And, he depends on loyal, long shareholders to silence anyone who points this out to unsuspecting "investors". You know, those loyal longs who are nasty and vicious to anyone who tries to show the company's true business plan?
Montana Wildhack Saturday, 08/10/13 05:27:17 PM
Re: None
Post # of 66109
A little DD on WGAS - please read the filings to find Asher and all the other notorious toxic death spiral financing. This is a share selling company so far. There is no revenue other than from the wholesaling of shares, The 4th reverse split, 1 for 50 this time, is scheduled in a couple of weeks. Even at trip one, the bottom is far from in here.
WGAS - Toxic Death Spiral financing - red flag for shareholders.
WGAS - multiple reverse splits - red flag for shareholders.
WGAS - NO revenue or business for YEARS - red flag for shareholders
WGAS - highly compensated CEO and staff for supposed "start-up" - red flag for shareholders.