Wialan Technologies Inc (WLAN)

[phillymike]

I will say this searay2701, lest anyone think that I just crawled out from under a rock, or the like. There are indeed some things Wialan should tend to immediately ~ IMO. Without being too long-winded (I hope), I'll just list them:

1) Ungag the T/A. Float hasn't been updated since 12/11, even though the T/A suggested the company would use otcmarkets.com to do so. Moreover, it makes no sense to me that when a public company has insiders buying, it generally announces this to the public, because this activity could affect investment decisions. Therefore, if insiders sell or intend to sell, this should also be made public. In short, why should any insiders secretly be allowed to hit the exit gates first, at a conceivably higher pps. This might be legal, but it sure as heck isn't ethical/professional - IMO

2) Wialan.com, in large measure, has not been updated in over a year. The information there, especially whereas the Investors Relation Page is concerned, is stale and, as a consequence, is of little to know use to investors. I wonder how long Alan Bailey will still show as the "Interim CEO"...

3) There has been no follow-up news concerning the DR schools project and endeavors in Brazil. It has been written, that the company had its first successful install at a Marina in the Bahamas. IF TRUE, why hasn't this contract been announced. I don't care how small, it would show progress on arguably the most important front ~ REVENUES. Now, it could be that the marina install is part of a larger deal, and some other partners may be involved and driving the proceedings. This remains to be seen, however, but we shall see...

4) Depending on how one interrupts the last PR, regarding the new board members, the question is are we now devoid of a CFO as well as CEO? I'm assuming that Mr. Risner, being a CPA, will take over certain financial responsibilities, but he is noted as being a consultant/special advisor.

5) An "open" conference-call would serve to clear up a great deal of ongoing questions/concerns that I, as I'm sure others have - IMHO:)


Summation: Renewed Investor Relation Efforts & Increased Transparency or sorely needed for this still, very speculative equity.