Wednesday, March 17, 2010 9:09:50 PM
I bought these shares in this company because I believe in clean water, filtered and treated waters and I liked their business model. Their is a big demand for their technology internationally. When some people travel abroad, a high percentage of travelers get sick because most of these countries don't have semi-quality water because they lack water
treatment and filtration systems. Global Water Technology is a major player in this market and I hope an Instituted Outside Agency is not involved in trying to control this company or this type of business for that matter.
In 2001, Global Water Technology reported $85.6 Million dollars in Revenue, In 2002; first quarter only, it had revenues of $25 million dollars and it didn't include the other 3 quarters. After that I didn't see any more revenue reporting. I located the information from www.nasdaq.com, typed in the stock symbol GWTR, clicke on summary quotes, then I clicked on Earnings P/S. Then it gives you the earnings per share reportings.
Something fishy is going on and I can't pinpoint it. Maybe if someone can afford an anonymous nonbiased investigator we can find out the truth.
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