From Investsource Q&A..
Road Wings Inc. (rdwg.pk)
Telecommunications
Hello, I am inquiring about RDWG.PK. As I am sure you are aware, this stock has massively ...
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Question, D Collins:
Hello, I am inquiring about RDWG.PK. As I am sure you are aware, this stock has massively declined in shareprice the past few days. Are you in the process of raising funds, and if so, how much more do you need to raise? May I please have the current sharestructure including the outstanding shares, restricted and the float. I would also like to know if you intend to attempt to rectify this situation any time in the near future and if so, how long. I, along with several of my fellow investor associates see what may potentially be a very good opportunity to invest a large sum into this and take advantage of the decline. Also, is your TA available to get regular share updates? Is there a number that the ceo can be reached?
Thank-you for your time and I look forward to your prompt reply.
Sincerely,
D Collins
Answer:
Dear Mr./Mrs. Collins,
The questions are all valid. This question has been sent to the company as we are waiting a response. On July 21 it looks as thought the company updated their share FLOAT to 85,000,000 per pinksheets.com. We are still waiting for confirmation from our side on this as well. The Outstanding shares have yet to be updated. InvestSource has not heard of any fund raising activities the company is doing allthough, that doesn't mean that they are raising funds. Once this information is updated from the company we will be diligent in posting a new post.
Thanks for your patience,
InvestSource Team.
AI
