Replies to post #54030 on E-Waste Systems Inc. (fka EWSI)

[dshade]

Exactly. Way under valued even this early stage.

[DrHarleyboy]

I think your math is just slightly off...I get about $16,000 a week in profits (unaudited) but a cash burn rate of 10 times that amount; toss in the convertible debt that is 4x profit margin per week, and you can see why new shares are issued daily.

You can't rob Peter (treasury, shareholders) to pay Paul (convertible debt holders, lenders) forever.

Good Luck!

Dr H