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Re: soupoftheday post# 6825

Tuesday, 08/26/2008 6:15:08 PM

Tuesday, August 26, 2008 6:15:08 PM

Post# of 41474
soupoftheday, what you are saying might make sense;

There is no possible way that he is dumping shares into the market and the 3rd party is just buying them through trading because that would make WEHI stock go up. As O/S is increasing, he has to be selling them outside of the market.

To who and for how much?

This guy has had years of bamboozlement with the wording of the Press Releases to make people assume that he is saying more than he is. Coupled with your belief that Semtronics/ Stemtronics/ Stemtronix is somehow real, he can continue is golf game.

Example of previous Press Release from WEHI;

WGL Entertainment Holdings, Inc.: Open Letter to Shareholders

Market Wire, April, 2007
E-mail Print Link WGL Entertainment Holdings, Inc. (OTCBB: WGLT) -- I would like to take this opportunity to address many issues which are of concern to our valued shareholders. As we have seen over the past several weeks, our share value has declined steadily although we have made several exciting and revenue producing deals for our Million Dollar Shootout Reality Television Series.

The dilution and decline is most directly a result of a Stock for Debt exchange we have in place with a funding source. This Exchange Agreement was fully disclosed in an 8K filing on 12/26/06. This can be viewed at www.sec.gov . The agreement allows the holder to convert shares of WGLT for cash until the note is paid in full. We are actively seeking a bridge loan to pay the note in full to eliminate the note and stop the dilution and selling of WGLT shares.

In addition to the note, the company has issued approximately 70,000,000 shares for legal and accounting services to keep the company current on its SEC reporting requirements. Future payments for these types of services will be made in cash from expected revenues. The company has no plans to do any further Reverse Splits and will begin buying back shares from the open market as revenues from Europe and Asia are realized. However, if market support erodes and there is no longer trading activity, a Reverse Split is the only option to recreate a market for our shareholders.

I would like to further state, that I as CEO have not sold or intend to sell any shares and in fact only own 37,000,000 shares. I have personally loaned the company over $400,000 over the past year and take little to no salary. I am working very hard on your behalf to make the MDSO a success and believe that we will succeed in the long term. We have an outstanding product that will gain momentum and eventually air in the U.S. Market. After all, it took three years for "American Idol" to be sold in the U.S. market.

The current situation is very frustrating; I am doing all I can to resolve the situation and will continue to work very hard on behalf of our shareholders. WGLT has a very real product with a business model that can and will succeed.

Thank you for your continued support...

http://findarticles.com/p/articles/mi_pwwi/is_200704/ai_n18779821

WOWWOWOWOWWOW! The CEO owns 53% of total O/S of 70 million!!!!!

Wait...

CORRECTION - WGL Entertainment Holdings, Inc.: Open Letter to Shareholders
Market Wire, April, 2007
E-mail Print Link In the news release, "WGL Entertainment Holdings, Inc.: Open Letter to Shareholders," issued earlier today by WGL Entertainment Holdings, Inc. (OTCBB: WGLT), we are advised by the company that the first sentence of the fourth paragraph of the release stated that WGL Entertainment Holdings Inc.'s CEO Mike Pagnano owned 37,000,000 shares of WGLT common stock. In fact, that was pre reverse split. Mr. Pagnano actually owns 370,000 shares of WGLT common stock with a market value of $148.00.

http://findarticles.com/p/articles/mi_pwwi/is_200704/ai_n18780121

O/S was 70 million 16 months ago. He promised NO REVERSE SPLIT but did one anyway in February 2008. O/S has grown to 7.5 Billion in less than 6 months...

...and people still believe what he says that own WEHI stock that you cannot sell at any price therefore is worthless.

Other penny stock CEOs must drool when they read this board. LOL!

Good luck.

I talk about stocks on stock message boards. No compensation. No fee is worth preying on the gullible or the unaware.

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