Marketing Worldwide Corp (MWWC)

[Siennamike]

Due to very poor management on current contracts, this company continues to bleed with revenue loss and debt.

I believe most of this loss is due to:

Under bidding on contracts
Lack of judgment when planning for capital expenditures
Not managing labor and material costs when executing contracts

This company feels it’s OK to put their poor management loss onto the back of investors rather than correcting their mistakes.

I was in this business of 2nd and 3rd tier auto parts manufacturing for 20 years and what MWWC is experiencing is not so unusual.

My advice to them:
It’s better to do a few things good rather than do many things bad.

Get rid of your unprofitable contracts and keep your profitable contacts (if you have any) and you guys can be the great company that everyone expects.

Just my thoughts..not bashing.