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Re: LOL post# 6284

Friday, 03/15/2013 4:53:32 PM

Friday, March 15, 2013 4:53:32 PM

Post# of 46296
hey,
I have been investing in microcaps for over 20 years.
Both as a private investor and both sides of the PIPE side.
And WDDD was my top position and top "idea"
until this deal.
I like the company, and I am still long. But I am dissapointed.

A company with 1 mil shares trading daily and a .40 stock price can in fact get a normal deal and it is not too difficult.
Especially if they want to raise 400-500k.

I simply dont understand the rationale behind the deal and besides for saying that " big money coming in" or things like " these are the guys behind viringo" - I have heard nothing.

We did not need this investors, we did not need their "cahet"
and certainly did not need this deal.

As you all pointed out: it is very simple if WDDD patents show promise in June this will fly if not it will tank.
therefore: having some "brand name" investors who invested in a previous patent deal in here doesnt make the story any better. Nothing changes for the upside.
but it does make the cap structure alot worse



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