Wialan Technologies Inc (WLAN)

[Ryan Industries]

sportsjunkie - i've got to disagree.

>>,but this stock will be trading probably around the 50-75 cent price out of the gate<<

we dont know the outstanding. a 1,000 R/S is rather huge and you need to consider where the stock was trading prior (yes, considering the run-up on the roundup blocks it was a few cents if i recall).

let's just say the real market was at $.02 prior to the roundup. that's not indicative of billions out. post-split that's a $20 stock.

i think there will easily be < 1M shares outstanding. given the hype surrounding the product and REAL sales they obviously already have.. i find it difficult to believe this will be $.50-.75.

i think there's a reason why we're seeing $8-11 bids already in the stock. who (or what MM) took $3,000 of stock already at $15? hard to imagine if this had the share structure to support a $.50-75 price.

i think this honestly trades in the $5-10 range with the sub-1M shares out that I expect there to be.