Hey guys,
It is has been a while since I have posted and hope everyone is doing ok. I remember the days when all we had to worry about was WSTI shares. Now we have Covid and other craziness going on.
I have not been around much because my work changed a lot with covid and I work a lot from home and have to drop off/pick up projects but I am also moving in about a week.
I do not have much news to share. Generally speaking the incoming administration should be good for wind/solar projects and funding. Dan is CEO of Byzen and trying to get things rolling over there but I have not talked to him though I did wish him a Happy New Years and hope to catch up with him soon.
A long time ago I shared a situation with a stock I owned that use to be a hi-tech handbag company. It got halted when it tried to merge with a blockchain company, then again to try to be a pot company (then Covid happened). Its been halted and essentially ZERO For over 2 years. Just when everyone thought the Pot deal was done it fell through.
Finally they raised money, bought gold assets (mining properties) and the stock got uplisted on the CSE (Canadian stock exchange) and is going to being trading on Monday.
This situation is a bit different than WSTI because it was not de-listed. It was just halted and not trading so no one could buy or sell.
But Monday it is after all this time.
I have a few ideas on the WSTI stuff and one the board guys here does as well but after all the free time over years I spent there was nothing I Could really add/do when money was tough , covid was tearing up my clients etc.
Hopefully better times ahead.
Basically anything that happens would have to mean a money raise, dilution and so on but something is better than nothing.
On the stock mentioned above they did a 1 for 5 reverse split, and will come out roughly at the same price they closed at (after adjusting for the split) with a clean balance sheet (over 2 million in cash, less than 300k in debts.
So sometimes a long time passes until things get done.
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
