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Tuesday, 10/16/2018 11:04:31 AM

Tuesday, October 16, 2018 11:04:31 AM

Post# of 26233
Good morning!

Thank god that tax deadline is over! OMG it was crazy.

Someone below asked what it would take to get this current and the info provided by someone else was correct. We accept revocation which means at some point the ticker goes from grey to revoked and stops being traded. You still own shares but essentially its private.

It will then take 2 years of financials a new form 10 and a sponsoring market maker . The market maker part might be easier for us than others once we are in order since we have had a lot of volume and interest and shares outstanding etc.

Financials for us would be costly about 250-300k.

Right now if the jobs/work hatches as it should that would be very helpful. Not only to to the long term prospects but also to potential investors.

Seeing that my deadline is over now Ill try to hash out here what I thought might work but there are many things in the works any one of which could bring forward the needed money. Some of those would take longer than others.

But in very general sense they are ...

1- Jobs starting and money being received for work as WSTI gets purchase orders from large jobs. It is thought that some work might start in 2-4 weeks on some of the CCSA projects. This was the last estimate I was given, and is also in the Impact white paper. It is my thought that this will take some time as figuring 15-20% net on even millions of work takes some time to add up.

2- Investors.. There have been numerous interesting parties including people I know. Of those I do not know none are really "out". Everything seems to be sorta still in play in one form or fashion.

3- My thoughts which I shared directly with Dan and with other shareholders who actually helped shape ideas I came up with are that while the crypto end added the sex appeal and original interest in the company it has proved to be a tough way to raise money given the current environment where crypto crashed, ether got pummeled and it being relatively new. Does not mean those ideas will not work but I personally focused on the very basic concepts of

a- If filings got current the stock would go up

b- If the stock went up the market cap would go up creating wealth

c- The new wealth could be tapped for more money

Unfortunately with the stock suspended it makes things harder but not impossible and there are some legal questions I need to get answered.

But basically a tranche financing were 1- filings are down first with 25-350k is done then 2- round 2 would be settling of convertible debt issues.

Before the suspension I had nearly everyone on board. Shareholders I talked to , clients I know, ran it by Dan who ran it by his people.

The suspension complicates things and raises new legal issues and provides more uncertainties

Before this happened we all knew that if the filings came we would run, and if debts were settled we would run a lot more. It was very basic. The financing would be done with units containing warrants. When I ran it by people essentially the stock would have started rising hearing of the news alone making people want to invest because they knew what was coming. As the stock blew by warrant levels more money would come in.

That was the deal in a nutshell.

In any case , the last few weeks have been pretty difficult but I need to return some calls and get back on things.

In other news there is yet another faucet so I updated the blog page so I think we are up to 16 to 17 coins a day now... BTW plusone has gone up from 1.5 cents to 6 cents over the last 4 months..

WSTI blog


Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at

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