China Wi-Max (fka CHWM)

[WiMaxWizard]

I think it is time to take a cold hard look at each person who has served in management or on the Board of CHWM.

Let's analyze at their income from CHWM, their shares and their promissory notes.

Let's balance that with what CHWM has received from them.

When a Company has rocked on as long as this Company has with NO return, sometimes the right thing to do is to cancel the CPN's, cancel the shares, and start fresh.

At this point CHWM has 'legacy' costs and nothing to show.

We've seen on a fully diluted share basis roughly a 100% dilution over the past year. What have we received.

A good rule of thumb is cancel all shares to insiders that exceed 500,000. Cancel all the promissory notes to insiders and begin 2011 fresh.

Let's take a cold hard look at what each insider has contributed?

Ready?

I will put up a website that shares this information and let's get a press release out, get everyone's attention and move forward in making this a viable company without overwhelming legacy costs.