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Re: joelotto post# 10002

Tuesday, 09/09/2008 3:50:55 PM

Tuesday, September 09, 2008 3:50:55 PM

Post# of 41474
great email sent to Mike P

a snake oil salesman and ponzi scheme operator comes to mind.

The ONLY reason some of those PR's came out is that we have someone truly doing DD and contacting the transfer agent to see the massive dilution play-by-play. Before that, he diluted as fast as humanly possible(IMO) but apparently purposely avoiding keeping his shareholders informed.

I wonder if he would have disclosed increasing the A/S by 50% to 15 billion if the person did not tell us what he found out from the transfer agent?

I have no confidence that WEHI won't soon go the way of most companies that owe huge sums of money and only survive by dumping shars for cash......they go bankrupt.

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