I agree, it is now a proven fact that management has not acted in the best interest of shareholders.
IMO, there is no doubt that management's non-performance is intentional.
You can not expect this management team to learn from their mistakes because IMO, from their point of view, they do not consider their actions mistakes, rather they are deliberate as this is how they make their money and hide income.
You've called the company and have gotten very little information; does that really surprise you?
What needs to be done is for a group of 20 people to go to their office and confront these thieves.
Remember, this is not the first shell they've run into the ground. Does this pattern of behavior, this kind of management style really betoken a management team that's interested in running a real business that is an ongoing concern?
The answer is obviously NO!
The sooner the SEC puts these people out of business the better off all shareholders will be...whether they own WTCH stock or not.
