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Monday, July 07, 2008 7:56:27 PM
it would seem there are a few here who may have been disappointed by the news of looking at multiple acquisitions rather than focusing on a single entity such as AirSur. Keep in mind we still have AirSur, and we will receive 50% still of all revenues they bring in. So for those who were like me and expecting a $1 down the road just based on the numbers we were expecting there, you could still look at assuming $.50 just based on the news we have today, yet in addition to AirSur also having several other revenue producing companies as part of the WNRC portfolio. This is slight change in plan from what WNRC announced earlier this year, but still in line with what WNRC was originally about. I think it is safe to say at this point in time, AirSur just isn't mature enough to land the big gov't contracts, but that doesn't mean it won't be in several months. We will still see 50% on any revenues there. Plus in the meantime if WNRC does a few acquisitions, it gets the ball moving on this company, and starts bringing revenues immediately while we wait for AirSur to mature.
I for one am holding and I will continue to add on dips. Nothing has been lost, only a bit delayed on the AirSur front. In the meantime, it looks like we have a new person who intends to bring immediate value and revenue into WNRC. Where this is trading now has all of this already factored in IMO. So selling down here is just throwing away your money. Just my two cents.
My post is only my opinion, I recommend you always do your own DD! I am not a licensed broker or a professional by any means, so take what I say as entertainment value at best.
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