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Re: dafuji post# 8120

Sunday, 12/18/2011 6:28:42 PM

Sunday, December 18, 2011 6:28:42 PM

Post# of 54300
I have been in this stock for over a year now, and have seen the pps go to .09 (briefly) and that occured when MWWC didn't have the contracts it has now. A couple of years ago the pps reached over .50, but with a lower O/S than what we now have. I'm guessing we have an O/S of between 70-100 million now. But we also have greater contracts now than what we had before.

While some are touting 2012 to be "MWWC's year", I tend to doubt it. The reason is due to the convertibles still to come (Dec, Feb, June). However, my tune would change IF revenues exceed expenses. If that happens, if revenues exceed expenses and MWWC shows itself profitable in 2012, then my wish to see a pps of .25-.50 will come true before my previously anticipated target of 2013-2014.