Wialan Technologies Inc (WLAN)

[MU_Redskin1]

This company was doing business and has contracts with customers in the US and Mexico with future business on the way before Tony was hired.

Tony was a figure head as CEO. The C suite Executives are all still with the company and so is the new Board member. I would have been more concerned if some of the other staff would have left along with Tony. I believe our story is still intact.

Geesus, Lilly from AT&T could have run the company better than Tony did. So he set up a few meetings, blew some smoke and exited stage left. Maybe he dumped his shares too, I don't know. Time for a revaluation of the business plan and reset.

I'm going to wait until the selling slows down and we hit a bottom and I my double my position to average down. We will get a new CEO and hopefully somebody who is dynamic with a manufacturing and marketing background to sell, produce and install our products.

GLTA WLAN!

Cheers, Red