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Total loss is a risk with all penny

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BefallenKnight   Thursday, 01/16/20 12:52:03 PM
Re: Fatsachs post# 11995
Post # of 12135 
Total loss is a risk with all penny plays. Like I said, WOFA isn’t making bombastic statements about their business, nor are they issuing shares to raise money, and they regularly update share structure so my guess is the SEC isn’t terribly interested.

My guess here is that management knows they are on borrowed time, as you have noted. Hopefully this means they will be ready to take action soon. It’s not like there has really been any income to report which should make getting current a little easier.

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