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Friday, 03/04/2011 2:47:43 PM

Friday, March 04, 2011 2:47:43 PM

Post# of 48106
WDRP With only 212 million shares float, this stock is an easy mover. Longs hold over 150 million shares and not selling. the accumulation line on the charts proves this.

WDRP is making the world's first microwave water heater, up to now there are only two types of heaters, gas and electric. Electric being the immersion type tank, where the heating elements are in constant contact with the water. WDRP will be a tankless water heater just like Bosch, Rinnai the difference is those are gas units. Most parts of the world,, including the US don't have natural gas service in their homes. But almost every house has electric service. In March, the inventor Robert Simoneau will return from China with a new heat exchanger for the heater. This should be the last part needed to complete the first prototype, then it's to UL for testing and on to full production. WDRP already has contracts in the works to supply the US, Italy, Australia and some of the Arab countries. Barchart loves this stock and is giving it a 65% buy. The company retired 130 million shares last year, has not diluted a single share and it's covering all costs from their own expenses. They haven't taken a dime from the investors.


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