It will be brutal for MWWC this year. Another Reverse Split will be needed in the near term.
with a 6 Billion ( ridiculous ) AS , do you really think anyone is going to buy this crap? They better put on their thinking caps and deal with it.
Their projections are absurd. Only a few months back they were predicting 4 million for 2012. How can you be that far out and expect to hold onto any credibility ?
The industrial client will remain with a European Manufacturer, not US. Silly to think the Europeans would give away business to the US. Obviously, they did not.
Toxic Financing will ensure a continued Death Spiral.