Watchit Technologies, Inc.(fka WTCT)

[ranger335]

No, I haven't asked that question. But on the other hand have you ever asked yourself how many shares the old company officers acquired? It was, I think, several hundred million each, that's why they were holding controlling interest at the shareholders meeting and the rest of us didn't even need to vote to keep them in office. Nor to schedule the second shareholder's meeting for Oct last year, in NYC they said.

Now that they have sold so much company stock - personal too I assume - they no longer have controlling interest and dare not allow the rest of us to meet and vote on anything, including a reverse split!

So far as has been released, WTCT hasn't yet produced any income for anyone so I assume the officers are working out of pocket for now. If so, it follows that each may well have been assigned a significant amount of stock in lue of pay in hopes of recovering something later. That is common with start-ups, including the old company, and I have no personal objections to it in either case.