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Re: xtremezz post# 704

Friday, 02/17/2012 12:37:12 PM

Friday, February 17, 2012 12:37:12 PM

Post# of 2652
Don't get fooled by the "no compensation". Please read this post about WRGL from another board.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72229546

WRGL - The best part is two websites that released it as a "pick" have not been compensated. But what they don't mention is if they own shares they may have front-loaded. I mean look at the volume in the past week. Not to mention the amount of PR's WRGL has released in the past few days - 6 PR's in a week.

3 of them are acquisitions that were "all stock" transactions. Yet the PR's make no mention of how much stock was given out. All 3 are websites hosted by/related to hostlive.com. Julian Sula was the Principal of Hostlive.com before this deal, and now ends up as CEO of WRGL. So he just got a bunch of stock for merging his own companies into WRGL and now there are "non-compensated" picks coming out.....

WRGL acquires Hostwire.com
http://www.itechpulse.com/2012/02/12/wrgl-acquires-hostwire-com/
Julian Sula listed as "Principal" of Hostwire.com

The next day Julian Sula named CEO of WRGL:
http://finance.yahoo.com/news/WRGL-Names-Julian-Sula-New-prnews-3764260786.html?x=0

What are your thoughts? Legit Reverse Merger or Shaddy Dealing to enrich insiders?

All that is necessary for the triumph of evil is that good men do nothing. (Edmund Burke)

Volume:
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Total Trades:
  • 1D
  • 1M
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