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Re: DD-214 post# 21915

Wednesday, 05/23/2012 12:52:12 PM

Wednesday, May 23, 2012 12:52:12 PM

Post# of 54286
Any company that is going to sign a multi million dollar contract with a supplier is not going to go with a company that is on the skids and is so desperate that they are using this type of financing to retool so they can build the parts. I wouldn't be doing business with MWWC after seeing that 10q, would you? The mgmt at MWWC knows that. That would be a reason to delay the 10q as long as possible to get the contract first, but that must not have happened. Maybe that was the outstanding information from an outside source?

Also, if they were using that financed money for retooling and needed/wanted confidence from investors show us what you've done with that money. Pics are pretty cheap. Shows some shiny new equipment and smiling faces of workers. The fact they aren't showing us means they haven't got anything to show.

That 10q was for 1/4 ending 3/31 and today is 5/23, over halfway through the next quarter. If they haven't retooled, they haven't got a contract, and they only have $19,000 cash on hand,....then what was the financing obtained used for? Severance packages?

Either shows us the money or show us what you bought with the money. Isn't that reasonable?