Value Microcaps Motherboard

[hweb2]

stock peeker, re WHAI.OB

I always get a kick out of these companies with hardly any earnings that make these wildly optimistic projections about how strong EPS will be this year. WHAI has 39M shares O/S. To achieve their 2005 guidance of .50-.55/share in earnings, they'll need $19.5-$21.5M in net income! Pretty tall order for a company that had net income of $29K last quarter!! haha

The sad thing is investors keep believing these ridiculous statements. In my eight years of OTC:BB experience, I've seen hundreds (maybe thousands) of these claims. Still waiting for ONE of them to come true.