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Monday, May 05, 2008 8:41:41 AM
I believe all of us in this stock were duped. I owned 21 million at one time with a cost basis of about 45k.. In my opinion Bill Yotty is a liar and a cheat. I beleive he was in cahoots with a company called Sequoia, I think that was the name that kept suing WRNW out of Florida. They received an enormous amout of shares for each judgement and then floded the market with those shares to get cold hard cash in their hands from our pockets.
I am not sure about David Rees, Supposedly he is in charge but I beleive Yotty was in charge, pulling the strings. Now Yotty is gone.
I now only own 500k shares just for giggles. I really don't believe this company will ever see a penny again.
The shares have went from I beleive 2 billion to 10 billion. That is not good.
Bottom Line, IMO of course we have been duped big time.
Good luck to you
wtc
Any posts are just an opinion and should not be taken as investment advice. Always do your own DD
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