Thursday, October 27, 2011 6:41:23 PM
Dan and Tariq said they put their own money into this. And, I'm sure they have a strong desire to move it forward in putting themselves up for a huge pay day. These guys could have (and probably should have) just did this as a private deal (not in the public company - since they financed it themselves). They have the real exposure here.
If other cable systems are trying to sell their systems for $3000...and WNRC can sell their for $3000 that puts us at a 3-4 bagger from here. Maybe they should just sell the system and move on that way they don't have to babysit shareholders.
No one in their right mind can deny how far WNRC has come and the track record of success in making this a valuable company. Sorry it's not a quick flip for some traders. But, IMO, they have done what is necessary to make this a legitimate and real company.
I'm fine not seeing audited financials if it really does cost $150,000 per year. No benefit for the company yet. Just an expense. I'd rather have them use (and it looks like they are) that money to buy more systems.
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