This company loses money, every year,
and always has, and loses even more every new year.
And, the more contracts it gets, the more money it loses.
Which it "makes-up-for" in its only way possible,
by selling more shares, because wwait can't get a bank loan.
And, don't blame the banks. They have to make real money,
by loaning real money, to companies + people who have a
real chance of making all payments, on time, and
with a backing of real + valuable collateral.
Not just a new-share printing press, and a PR storyteller.
Try reading wwait's actual, filed, finanshills.
wwait lost $0.08 per share, in their latest year.
It would have been a much bigger loss per share, if it were
not for the fact that wwait keeps printing new shares,
faster than even they can lose money,
on their low-tech 'contracts'.
Also, Gov't contracts are known for "slow-pay" , which is
very bad for a "company" with no cash, that keeps losing
money, faster every year. And, the Gov't will not
even pay, and can't even be sued, if the simple,
bolt-together "product" does not work, perfectly, as
contracted, and, in accordance with all Gov't Specifications,
including being finished + tested + operational, on time.
It is hard to believe that people think that this "company"
has a unique/patented product. wwait buys solar cells from
anywhere [until the cell supplier goes BK], and mounts them
on a rack, on a roof, or in an empty lot, and wires them up
to an electric motor, that they buy from another anywhere
[until the motor supplier also goes BK].
wwait's "unique stuff" is just one of the projects, that
Radio Shack sells for $30, in a basic kit, with 100 more
super-easy electronic project stuffs, for third graders.
The "A Solar Cell Runs A Motor" project is the second
easiest "project". Close behind the absolute easiest,
which is "A Battery And An On/Off Switch Turns A
Light-Bulb On And Off" .
For 15 shares of wwait, at the current price of $2 each,
[if you hurry, before wwait sinks back down to $1],
anyone can buy all of wwait's no-tech, from Radio Shack,
in a small box, that even includes 98 more, higher-tech,
and much more useful, and interesting,
and obviously unpatentable projects.
For homeowners, solar-motor-home is just a simple, short,
weekend project, after a brief shopping trip to HomeDepot,
for basic parts, and a short stop at any liquor store,
for lubricants, since the "project" will be done,
way before the first NFL Sunday game. And, if you buy the
beer, and invite a few friends to watch the game, they will
help build the no-tech rack [which is the hardest part],
that holds the low-tech solarcells, which are wired to
the on/off switch, which is wired to the motor, and maybe
with an old car battery, somewhere in between the on
and the off. For specific + detailed instructions on the
wiring, if you add the rechargeable old car battery,
see "Project #3" in Radio Shack's $30 Kit, of the 100 easiest
10-minute-or-less, low-tech, unpatentable, safe, electrical
mini-projects, for average third-graders.
P.S., It makes a great gift, and it's safe, unless the
third-grader is not average, and tries to stuff the wires
into 110 volt AC outlets.
