1. Money is still being spent on the OTC Markets that ranges between $3000 dollars every 6 months.
They have been listed on the OTC since 2014 and its obviously the market or investors are not paying for it.
2. Transfer Agents cost between $150.00 dollars to $650.00 dollars per month.
3. This is just getting started with administration costs that are all normally covered by the investor money.
The company never sees one penny from any of the money that traded on the market.
The records are clear from the history of the notes, the only money WOGI has ever received from a direct investment came from two investors in the amount of $11,000 dollars. That alone would not have covered more than two years of OTC and TA cost.
WOGI has been listed since 2014 and where did the last 3 to 4 years of money come from? The 2015 and 2016 OTC Markets and TA cost would have all the investors cash (two investors total $11k).
So, where does the money for the last 3 years come from? The company got a loan for $20 or $25k and that still does not even cover the total carry cost for the last three years.
Looks like the old CEO has been covering the cost until he resigned in Jan 2015 and then Claudio has been working in a deficit
So, as I said before, something must be coming forth or they would not have still been spending the money to keep it on the market even though the company sees no money from the OTC markets when the stock is traded.
I hope to see what s in store for WOGI - 2020!
Just saying Claudio must have something brewing for 2020
