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Re: None

Tuesday, 03/01/2011 7:35:19 AM

Tuesday, March 01, 2011 7:35:19 AM

Post# of 322
Guys,
I neither posted any price target nor I was saying somebody is buying the whole Ask away.
But again, to reduce MM manipulations please place your bets and tag your long positions with a limit
(e.g. around $5.00) so the MM is not allowed to do short selling anylonger.

IMPORTANT: since yesterday NASDAQ changes their rules in regard to short selling, please follow the link
http://www.nasdaqtrader.com/Trader.aspx?id=regsho
I believe the new rules are very positive. Nevertheless WGMGY is currently traded in the GREY Market without any transparency.
So in any case its not a mistake to place your limits now.

@Sloth, here are my answers:
- I have some limits in the market (range between $5.00 - $5.30). Currently I own around 500k shares but I'm aware of
more long term shareholders in Europe. I know most of the key shareholders in person, in total we have around 3-4m shares

- will we get the Ask? No, not yet. I'm quiet sure somebody is interested in buying the shell incl. loss carryforward (double-digit)
We need some more weeks until the cheap shares are bought away. But if done the potential buyer has to come with an attractive settlement price...

- who is the buyer? To be honest, I don't know. Very speculative, but if there is any buyer he comes from Britain

- any agreement? You are kidding, the whole egaming industry was and is very silent...

- money back? I hope so. But we need more time and some more patience

OVERALL: Longs, don't give your shares away for 5 Cent or 25 Cents. You are invested into egaming and
the game is still not over yet. Wait, be patience and we will see what happens next.


Regards

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