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Re: Blizzld post# 5091

Sunday, 05/27/2018 2:00:42 PM

Sunday, May 27, 2018 2:00:42 PM

Post# of 26231
Much of the stock has been bought by “interested” investors. I am sure that large amounts have been bought by Investors hoping for a high return. At the low price, millions of shares could be bought for pocket change.

One of my concerns had been the toxic conversions, I was told that this was only about $1million and that Bates would do all he could to keep this from converting.

My main concern was and still is, the fact that this company can issue unlimited shares without vote or approval of the stockholders. The company MUST place a strict cap on the ability to freely issue new shares. This will strengthen the stock holder confidence.

Then there is the financial ability to fulfill the contracts and sales agreements, this is the main cause of the downturn in late 2015.

I feel that Impactppa will help to finance the operations of WSTI but there MUST be money entering the stream at some point sufficient to finance production. This money must be sustainable and non-toxic.

We must be able to grow at a rate that we can afford. We must make sure that we do not grow at a level that exceeds our working capital levels.

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