WiFi TV Inc. (WIFT)

[al44]

I want to put this out in the open for all to see. I am posting it once and will not post this again as long as I have a position of responsibility on this board. I will add it to the iBox for reference. As many already know I am not a fan of this company nor it's management. I am posting the reasons now to satisfy anyone's curiosity in the future. I do not want to use my position on this board to continually berate this company and it's management, nor to disagree with everyone that has positive feelings about the company. It's your hard earned money, do with it as you will. I will do my best for all here to try to keep all information about this company as current and accurate as possible.

Many years ago I invested in this company. At that time is was under a different name and symbol. It ended up being a 700 bagger. Out of what is probably a dual sentiment, one being my largest percentage gain ever in the market and two it might possibly happen again, I have watched this company ever since covering a span of about 7-8 years. Unfortunately all I have observed during this time has not been shareholder friendly. The management of the company has not changed, but the name and stock symbol has changed several times. They have done 4 reverse splits in the past 5-6 years. A fairly constant stream of press releases is issued to keep interest in the company alive while millions of shares are dumped into the float, many by convertible debenture holders that have traded their cash for company shares. The authorized shares are now 100 billion. I'm sorry but in my opinion a company that operates like this holds the interests of their shareholders in pretty low esteem. In a nutshell that is why I am down on this company.

I wish you well now and in the future

...........al