I imagine many won't like this opinion, but why not share??
This latest podcast should be seen by all for what it is...Ken being honest. I hear 2 things over and over again:
-why hasn't Ken talked about the liquidity events not happening late last year?
-R/S coming
Well...Ken told us why the liquidity events didn't happen. Lack of cash in the markets. You see it with so many stocks. There are a few that still have nice daily buys and sells, but even those are down considerably in the last 24 months.
And why would they RS now? They've had 2 years to sell 2.6 billion shares, and still have ALL those 2.6 billion shares to sell today. So why haven't they sold them? Easy...there is no need. They have revenues, albeit, relatively small. But enough for the low burn rate the company has been able to maintain. And the biggy for an OTC stock...they have ZERO toxic financing, aka, debt financing.
The company doesn't have 32 million in debt, that is accrued and not owed from the 10q. It's actually a good thing since they can offset future revenues with that accrued debt to avoid taxes.
So what happens in the following weeks and months? Another thing that so many have wanted...they will get to see what MJLink is worth from the upcoming audit. Eventually, I expect increase in revenues, and at some point the pps will rise. So take all the time you want WDLF. Again, with the low burn rate and revenues to offset ALL their costs, it's just a matter of time, and the longer it takes, the more time I have to accumulate shares. Only question in my mind is when to buy...wait for 0001, 0002. Maybe...but maybe that is being greedy. Won't take much money to come into this and buy up hundreds of millions or even billions of shares in the trips. In the end, I truly believe Ken will win, and that's why I continue to be a Proud WDLF shareholder!
GLTA
All I want is Patience, and I want it NOW!!!!!!!!!
