Wialan Technologies Inc (WLAN)

[Speculation]

It is not shocking at all that John Folgers's passing was the death knell for this collection of misfits. Between Freifeld & Peabody and the various promises both made on either price, performance, funding etc. John's merger structure which included a spinoff public company to be used as a dividend and a vehicle for both removing accumulated liabilities and the acquisition of a new business was the truly viable way to make original ACYD shareholders whole.

This is no longer the case. This is now a "busted" deal with a ridiculous cap structure whose only hope as a viable stock includes a reverse split , a financing and some serious sales as well as competent management. Doubtful it will occur. IMO