Wireless Age Communications, Inc. (fka WLSA)

[Boardroom007]

This is BS. The price of WLSA shares is currently at $0.125 and has been above $0.10 for over a month, and the management team buys shares in private placement for $0.05? What kind of crap is that? So what used to be 60M shares got increased to 75M shares by JS's private placement last year. Now it goes to 95M shares. JS and company pay $1.75M for about 33% ownership of the company. How is that good for all of us? This is exactly the issue I have. The management team takes control of the company from the minority shareholders by issuing shares on the cheap, and our % of the company interest get diluted significantly. This is exactly what happened before with Barrons and then NLI wiping out our position. Not cool.............