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Re: stervc post# 44419

Thursday, 10/16/2014 10:50:50 AM

Thursday, October 16, 2014 10:50:50 AM

Post# of 55247
WTWO - Someone asked me via PM what I thought and figured I would post my thoughts on the board. Let's do the math - First off, WTWO increased their authorized shares to 5 BILLION shares on - Here is the official amendment link with the NV SOS: http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=lJo2sjSwWLfqJ%252brsSbAV%252fw%253d%253d&CorpName=CONVERDE+ENERGY+USA+INC

For the sake of this simple analysis, let's assume that they just did that for fun and have no plans of increasing the OS to 5 billion.... Let's assume they have "just" 2,112,396,751 shares outstanding as reported on otcmarkets. Great, right now they would have a market cap of almost $1.5 million. Let's dream a little that this stock would get up to .01 (or higher as suggested by some on this board). Is this "company" really worth over $21 million? And let's be real, we all know the OS has most likely increased substantially from what was there as of Jun 30, 2014. So, you can dream of hitting .01 (and it could be worth that much or more if they have something tangible that is worth that much to the right company but it is pretty clear in my opinion that these guys have no idea how to generate any revenue themselves and will need a miracle buyout - again, just my opinion, do your own DD). So, is it worth it at .0006x.0007? Possibly, these pinkies run all the time but it is pretty bloated. I think it is worthless as a "company", but I don't rule out any of these otc stocks because of that, most are worthless "companies". Look at the potential to run based on AS, OS, charts, and pumping scenarios. WTWO has a good story but the AS and OS are just too much for my liking. Good luck to those playing the game. I've been around a long time and seen ones with worse AS/OS than this run but this also has already run 700% for those that got in at .0001. Of course, if there is enough hype, even bloated pigs like this can run for awhile before their weight makes them fall hard.

This post and all posts are my opinion only. Do not base any decision you ever make based on any post that I make. The posts are opinion only.