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Monday, September 27, 2010 8:47:16 PM
lets be real here, 2b shares at an average price (and i may be being generous here) or .0015 is 3m. minus costs (i assume a good 10% off the top) and we are talking just over 2.5m
thats a lot of money for me, sure. but to buy 2 companies? and set up 1wc? no.
so unless we are going back to everything is a lie, which we have seen they are not... didnt tuteman just post a job opening? then until proven otherwise, i believe that is how it works in this country, prior said the 500m just added was done to help grow those businesses, not keep owvi afloat.
if money was being raised to 'disappear' i would think expenses etc. on previous reports would be padded, not trimmed down. if its not one way to look at something its another.
and as for transactions, revenue, etc. lets keep in mind 1wc has been live since what april. a good 5 months? so if transactions are slow and cash flow is light well thats how we grow. the point is:
we have locations, customers, and transactions.
(note: alamo this was not all directed at you, just the visible part of the convo for me to reply to :)
My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion
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