OracleTrading

[EDWARD STEVENSON]

WLSA: Seasoned Executives handling a multi-million dollar outlook.

John G. Simmonds, Chairman and CEO Wireless Age Communications, Inc. (WSLA), has spent the past few decades generating hundreds of millions of dollars after restructuring and developing start-up companies.

A few highlights derived from his biography, follow in cronological order:

In 1981 Simmonds purchased Dynacharge out of bankruptcy for $100,000 and sold it four years later for $10 million, to Duracell.

In 1989, Mr. Simmonds purchased the first of many golf courses, Cherry Downs, a private 18-hole golf course located just north of Toronto, Canada. Cherry Downs was later sold into a public company, which became Clublink Corporation (TO: LNK) and today is the largest golf course operation in Canada, with enterprise value over $1B.

In 1991, as a director of company, Simmonds aided in taking Glenayre Electronics public on the Nasdaq for $80,000,000. The company peaked at $3,000,000,000 in the early nineties.

In 1996, Simmonds sold Intek Diversified (IDCC) for $500,000,000 to Securicor of Engand.

Simmonds’ most favorable trait has been his consistency in structuring effective management teams. In light of what he is certain becomes a successful renewable energy venture, Simmonds has adjoined Jordan Oxley, President Sunbay Energy Corp., an intellectual, with a background in finance, economics, and philosophy. For a lengthy period of time, Oxley’s occupation was in the banking sector as a venture capitalist, collaborating with seasoned executives. He began his career working closely with the Governor of the Bank of Canada. He holds degrees in Philosophy, Economics, and International Relations, studying at Queen's University, the University of Edinburgh, and the London School of Economics. More on Jordan Oxley: http://timelesswealth.net/sunbay_team.html

Joining Simmonds and Oxley are veteran politicians:

Stein Lal, Director Sunbay Energy Corp., a former Minister of the Environment of Ontario (Canada). More on Lal: http://timelesswealth.net/sunbay_team.html

David Tsubouchi, Board of Advisors Sunbay Energy Corp., a former Cabinet Minister in several provincial jurisdictions. More on Tsubouchi: http://timelesswealth.net/sunbay_team2.html

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Wireless Age to Enter Plasma Gasification Sector.

Wireless Age Communications, Inc., announced today that it has entered into a letter of intent with PowerPlay Energy Corp. ("PowerPlay") and Sunbay Energy Corp. ("Sunbay") to acquire the exclusive rights to develop Sunbay plasma gasification opportunities in the United States of America (the "USA Rights") and to acquire 60% of the issued and outstanding shares of Sunbay Port Hope Inc. ("Sunbay Port Hope").

...The Company has agreed to acquire the USA Rights and control of Sunbay Port Hope in exchange for seven million five hundred thousand (7,500,000) common shares of Newlook Industries Corp ("Newlook") and approximately $270,000 US in cash and forgiveness of debt. The Company will also enter into a management services agreement with PowerPlay to utilize the expertise of Mr. Jordan Oxley and his team. Mr. Oxley has over 7 years experience in clean energy development and he will become an integral part of the Wireless Age management team moving forward.

...Sunbay Port Hope was organized to pursue a Sunbay biomass plasma gasification project in Port Hope, Ontario, Canada. Sunbay has entered into an exclusive developer agreement with Europlasma SA for Canada.

..."We also expect that Wireless Age and Newlook will complete our previously announced restructuring of debt as well as a name change for Wireless Age. The Port Hope project alone should provide Wireless Age with over $2M in net income once it is operational."

http://www.marketwire.com/press-release/Wireless-Age-Communications-Inc-PINK-SHEETS-WLSA-1020384.html

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With the Port Hope project alone, Wireless Age generates over $2M in net income. This figure may be used to derive EPS: $2,000,000 in net income/27,600,000 issued and outstanding (assuming the restricted stock cancellation has closed)= $0.0724 EPS.

Diversified Utilities has an average P/E ratio of 9.5
http://biz.yahoo.com/p/913conameu.html

$0.0724 EPS x 9.5 P/E = $0.69 valuation...based solely on the Sunbay Port Hope project.

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Sunbay Energy America & the $300,000,000+ project in Connecticut: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41255008