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Re: ajja post# 17121

Sunday, 06/12/2011 11:21:41 AM

Sunday, June 12, 2011 11:21:41 AM

Post# of 55265
Good Morning Ajja
Sorry you only get one post (that should change).
Enjoy sparring with you and value you negative views.
Helps keep it real.

Reply:

WTWO, the Company does not have significant cash or other current assets, nor does it have an established source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern. In the interim the Company expects to raise operating capital primarily through the sale of its common stock.

This is TRUE and from the 2010 Annual Report. But they do have some money ($195,000) and they do have some revenue - boiler stuff announced Friday, algae etc. Shareholder equity still at 40%.

Reply:
.... dilluting to pay the rent?

Not rent any more, Mortgage! and Md office is Leased.

The Most important thing is that: We are almost there!

Have a little faith baby.

I love the smell of money in the morning - Smells like - Victory!

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