Replies to post #1788 on WindStream Technologies Inc. (fka WSTI)

[pb2000]

Im as much pissed off as anyone in this forum whose investment may be down more than 90%. Still not sure if I should quit or hang on to this. Just fishing some positives to keep me going.

For $2mil LOC a good amount of repayment was made it seems:
For the six months ended June 30, 2015 and 2014, there were total draws on the line of credit of $835,000 and $1,095,000, respectively, and repayments of $828,482 and $648,510, respectively.

[rsh]

I'm curious. You say "the alternatives aren't pretty". I think the real Market Cap is ~$500,000 or less. Outside of that the debt is $11M (or perhaps more by now) and growing. I do not see ANY alternatives other than the substantial revenue just as you say. But the question is "are there any alternatives"? What could Bates get even if they are UGLY ones - as he cannot pay them back? When debt outruns income, it is the same as bleeding out faster than blood can be replaced.