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Re: littlejohn post# 4663

Friday, 09/28/2007 10:12:10 PM

Friday, September 28, 2007 10:12:10 PM

Post# of 9314
be careful with WEGI accounts receivable > total farce IMO > every filing they count another few million of previous AR as doubtful > they have 7.5million of AR tied up in lawsuits... Also best to go read the actual filing yahoo does not have the footnotes to such things. Anyway > WEGI is in major BAD financial shape - they had to borrow 500k just to make it thru last 2 qtrs - not enough cash to make Laurus loan payments so Laurus lent them more money to make the payments and defered payments for few months - Laurus is also hoping for hurricane or they will be dumping MILLIONS of shares to get money back should cash payment not come thru , you better beliece that.

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