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Re: oilin07 post# 15692

Friday, 03/23/2012 11:22:50 AM

Friday, March 23, 2012 11:22:50 AM

Post# of 57335
Unless MWWC can retire O/S, stop the issuance of convertible debt, and build a cash reserve so convertible debt isn't required the road back for early investors is going to be tough.

The immediate phase is a downward move and how low MWWC goes before it hits bottom. The signs of retail capitulation aren't present yet and there's the debt yet to be converted to equity.



If the TA is gagged you can bet it's not in the shareholders best interest.


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