WiFi TV Inc. (WIFT)

[al44]

Hunter- Hi, I'm not questioning whether they will or will not R/S. There's no doubt in my mind that it will happen. I just don't expect it until possibly well into next year. It would surprise me if they did it without exhausting a large majority of the authorized first. That's been the pattern.

Sorry you lost a bunch on this company. You are not alone as the list is quite extensive. I post the O/S counts on raging bull as soon as I update the iBox here and I find it amazing that some posters over there find a way to put a positive spin on the dilution going on. Then some say to average down. Averaging down is a bad idea with a company that is not diluting their stock. There is a reason why investors lose confidence. It's far worse averaging down into major dilution. Some will disagree with that philosophy but over the years selling at a small loss has saved me a small fortune over trying to average down an incurring further losses. Each to their own investment style.

I've said it before. You can make a few $$ with this stock. You have to be a trader with time to monitor it constantly with your finger on the sell button. It is a fact that not one long term investor has ever made money with this company. A long history of reverse splits has diluted every one of them to below sub penny level.

Best of luck in your future investments

........al