Water Technologies International Inc (WTII)

[SW Investor]

Thanks for posting management's recent press release. The assertions in the press release are a joke. It is way too expensive for individuals to short stocks under $1, it requires too much capital to make it worthwhile financially. Only BD's can do it financially. Management teams will try to blame shorts for the problems they themselves create when they are as clueless as this bunch about managing its capitalization. As far as them denying plans for a stock split, only a complete idiot would consider taken this stock further to the right of the decimal point. They would be smart to reverse the shares and get this stock into a rational range allowing them to actually use the currency. Looks to me that this is another "lifestyle company" run for the amusement of the controlling family on the backs of shareholders. It is a shame, because they might actually have a decent product here but this group will probably find a way to mess it up. As it now stands, they can't use their stock for anything real.