Air Water International (fka AWTI)

[The Original dpb5!]

Toolmaker, are we going to make it until March?

To answer that question let us put ourselves into the shoes of the WLGS Employee. If I were an employee knowing that there was a shareholders' meeting in a little over 3 weeks that would authorize additional company shares to have access to $50 Million in financing, an employee stock option plan, ratification of a telecommunications guru to the boards, and ratification of a nationally recognized financial person to the board I wouldn't even flinch if Mr. Haffer said, "Sorry, you're paycheck may be two weeks late." However, this .125 bridge financing appears to me to show the ethical standards about WLGS that we are dealing with. I don't personally think the filing was necessary, but by the same token, in light of the upcoming $50M funding, it's peanuts, imho.