You arguments about WEST's history are wrong.
1. Cinnamon didn't own majority during his last years, his majority ownership vanished as soon as they resorted to toxic dilution.
2. Cinnamon is the one who brought in all current members into the board including Randazzo and except Chan and Kwok
3. Current BOD is the one who threw Cinnamon out after he slashed their compensation and that is the fact, that is why he was so ticked that dumped all his shares at bid.
4. This same current BOD appointed Randazzo!!!!!!!!!!!!!!!!!! and kept her on the job for 2 years watching how she deliberately destroyed the remnants of the company. All time Randazzo was playing CEO, 100% of financing came from massive dilution, and in spite of that she continued paying herself a salary of $125,000 and compensated board members while retail's share value was totally wiped out due to dilution. Randazzo now a DIRECTRO AND CALLING THE SHOTS, UNBELIEVABLE. Any normal company would never ever keep somebody whose name is directly related to a total disaster.
5. This BOD watched for 1.5 years and did nothing when "CBD merger" was from the get go a failure.
6. Despite tough situation this board continued paying themselves lavish compensation one way or the other.
7. Anybody who had any decency resigned from this board in utter disgust.
All this facts can be easily verified. There are historical filings and dates.
If WEST couldn't be successful at the best times for solar history in US (no tariffs, government financing, tax refunds.....), how can it be successful now during the most unfriendly times for solar? Between low oil prices and continued dilution (85 mils new free shares has been issued recently with share's base at $.0001). DILUTION THAT IS WHAT DESTROYS ORDINARY SHAREHOLDERS VALUE, EVERY TIME COMPANY DILUTES, IT DIRECTLY AND INDIRECTLY ERODES SHAREHOLDERS' VALUE AND THERE IS NO DOUBT ABOUT IT, IT IS A FACT.
The primary objective for this company has been always dilution, enrichment the management and BOD, and Southridge. Retail got destroyed here and that is going to happen again and again. Last time it was when the same board implemented increase in A/S followed by R/S. The same might be coming again. imo
News 
Market Data 
Discover 
