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Re: nilremerlin post# 134842

Wednesday, 02/08/2012 7:15:40 AM

Wednesday, February 08, 2012 7:15:40 AM

Post# of 157299
Based on the S-1 and GE´s resume it seems that bigger things may be lurking for WSGI.

From S-1 (my bold)
1) In accordance with Rule 416 under the Securities Act, the registrant is also registering hereunder an indeterminate number of shares that may be issued and resold resulting from stock splits, stock dividends, or similar transactions.

From GE's Resume (my bold)
"Met with private equity firms and the investment community to secure financing for the companies (misspelled, should be company's) ongoing operation of $10 million and merged the company and its operations with a strategic partner with $17 million of sales in the pipeline to enhance both companies (should be companies') product offerings."

If I am interpreting this correct, could it mean that WSGI is absorbing "the strategic partner" and if so, is it good for the shareholders?

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