Wialan Technologies Inc (WLAN)

[Inorout]

I was checking out WLAN's Quarterly Report and.see that WLAN, over the last 6 months, has lost nearly twice as much money as ACYD lost during the same period last year. So let me get this straight....the reverse merger was completed between ACYD and WLAN, so that WLAN could post net losses of ($99,794) for the first 6 months of 2014 vs the ($55,113) ACYD lost in the first 6 months of 2013? Doesn't make much sense to complete a reverse merger to lose more money, and fall far short of revenue forecasts. Finally, I seem to recall WLAN management asserting in conference calls that the company had no debt? That wasn't true then and it isn't true now. Just don't know how WLAN management can make so many material misrepresentations. I just feel bad for all the folks who were lied to by WLAN management, and are now showing large declines in their portfolios because of misrepresentations by management.