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Sunday, December 23, 2012 2:24:42 AM
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OTCQB is several tiers up and many companies trade under that tier and at much higher PPS with much lower revenues!
In the grand scheme of things that "company" in Malaysia is a multi billion dollar organization that is funded by several very wealthy individuals and has connections reaching into almost all countries!
And another great point is that the current market cap of WTWO is less than $200k while their current revenue is over $100k and their accounts receivable is around $500k
So basically based on just that the PPS should be easily (without and multipliers) around 3x what its currently trading at or about .003!
Oh and since around $600k was achieved in a single quarter we can calculate out a current "run rate" at the highest quarters revenues times 4 quarters or a base annual run rate of around $600k x 4 or $2.4 million!
This then places the PPS at around .012 per share!
So claim all you want about "dilution" because dilution is a fact of life on the OTC and reality is that you nor I know what they are selling shares for - or do we??? I saw shares given for debt at a rate of .01 per share in the financials, so I guess they are "giving them away" right? Well since that is about 10x the current PPS
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Sure some will convert that debt into the float and this causes an increase in the float but nothing for me or anyone that REALLY knows how it works to worry.....
A few weeks ago it was "they are going to R/S". Well now its they are diluting like crazy for no reason but to line their pockets......well I see increased revenues and money to the tune of almost half a million dollars in the accounts receivable column! I see PROOF of their JV Agreement and PROOF of their SIGNED PURCHASE ORDER!
Both of which were discredited when they PR'd them by some here and now which are PROVEN to exist!
Those are legally drafted documents that hold water and them showing investors they exist places them as either a COMPLETELY legitimate entity or the most innate company with the BIGGEST gonads in the world to have posted what some now want others to believe to be fraudulent claims!
NO COMPANY WOULD RISK AS MUCH AS POSTING "FAKE" DOCUMENTS IN A LEGAL FILING AS THAT MOVE WOULD RISK!
They are REAL! WTWO is REAL! And the PPS is going to RUN really really soon!
Go WTWO!
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