Since the stock is not trading and no one can sell....
Basically the shares owned are private now and owned until either the company goes under or something happens. Chances are very slim.
However, one idea is in any deal (if one happens) WSTI shareholders would participate as part of a stock swap for a percentage of ownership in the new company or shell. The convertible debt people would really have no choice at this point as well with any offer.
Assuming new money came in the structuring would obviously be massively dilutive to WSTI shareholders but even such dilution is better than getting nothing.
It really is a shame because there are some interested parties but trying to make sense of something that once was operating then in stall mode with huge contracts and odd structure is almost impossible. Also most real money looks for bigger deals (50 million plus) with operating companies/sales etc.
The blockchain people are the best use case as both parties benefit greatly and the rich guy involved could build out the Caribbean on top of making money investing in the new company. Other people with financing and wanting to do deals in Africa are also in the loop. In addition to the blockchain people, I set Dan up with a foundation through one of my original contacts made when trying to hook up the Water/solar company.
Ideally if I had the money or could direct other peoples money this is what i would do.
1- Combine all assets of Impact and WSTI. Impact and WSTI investors get stock swap for share of new company.
2- New Money takes the bulk of the ownership of the new company with its own board/team
3- Dan stays in charge of sales with a contract and ownership and also incentives to land the business
4-The people interested in financing come in to finance some of the first deals (one party might be interested in 3 million plus in financing of business)
5-The newly formed company has 10-15 million of money, financing to get jobs started and uses 1.5 million or so to buy the Water/Solar company
6- Issue a reg D follow up to raise some more money with units to reach some other people now that things were taking shape
Combined the two companies once had a market cap of close to 1 billion dollars. It would seem to me with the right team, both together, good financing we could at least get a min of a 50-60 million market cap. If WSTI peeps were diluted to 10% 5-6 million = about 10x what the .0001 price represented.
If I won the powerball, I would write the check and get those parties involved but unfortunately I have not bought tickets yet LOL
Since things will be pretty dead unless something happens I wanted to post this to remind people of what could happen seeing that we cannot sell any remaining stock.
Dan's microgrids and blockchain payment system for energy (not all areas but for a good chunk of some business) would be the best enterprise level use of blockchain for Bitcoin SV and really of most blockchains.
In any case I didnt give up on Dan I made the conf call and kept trying and if I win powerball ill let ya know!
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
AI
