Friday, March 15, 2013 4:53:32 PM
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
Recent WDDD News
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 09:30:21 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 06:34:14 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM