Ren, this company was thrown off the...
American stock exchange for "overly promotional" press releases, (lying to investors), amongst other things. Shortly after that the SEC "proved" it was a scam all along. Officers were even sent to prison for their criminal activities. The SEC dubbed the company an "ENGINE OF THEFT" Many thought it would be the end to this scam but it was not. It's hard to tell how many of those involved with the company while it was proven to be a criminal scam are still involved. There is no doubt that there are some new players involved. Unfortunately from an investor standpoint the new guys are worse than the old in that they have taken the share price to new all time lows. Even more disturbing is the fact that what most thought would be the company's saving asset, the bib, the company no longer has control of. It was sold for a fraction of what so many thought it was worth. And now we hear...
JMO but your projections do not factor in government sales and payment cycles. As I said, IMO fast enough to build DAC (with a big infusion of cash) but not fast enough to save WSGI.
Ren, I'm not going to debate definitions, semantics, grammar or spelling...
I'd rather discuss the facts of this horrible company.
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