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A27

01/03/16 12:58 AM

#3079 RE: Blizzld #3078

Thanks for all the DD and info. You are thinking Wsti could still have a chance to do at least a little something versus just going BK or staying sub .01
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specyulater

01/03/16 12:07 PM

#3090 RE: Blizzld #3078

I'm contemplating investing in WSTI here, just like to bring all issues out in the open to share and get all the DD possible. You are doing great work.

However, I do have to disagree on what one can really apply from comps of companies at these levels. i don't really believe in comparing "trash" with trash...LOL. Comps are generally used comparing functional companies and their valuations..etc.

Though I must agree that a management massive buyback is the best turnaround strategy, and I certainly hope this is their endgame plan after all this dilution.
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rsh

01/03/16 1:08 PM

#3093 RE: Blizzld #3078

From what I can see - they (TDEY) BECAME the insurance company! It appears that the new subsidiary, Oak River Technology is, in effect, using TDEY (which is a 3d stereo graphics co) as a shell from which to operate. The Oak River owners took over management of everything. What I see is a caterpillar (TDEY original) that made a cocoon and something else crawled into it and came out a bear (something else)! It is really a new company with new and completely different trajectory. That way the debt and mess could be restructured.

I don't see how to make a connection from that to WSTI. I do not see how WSTI can do other that what I have repeatedly said and that is either die or heal itself from inside out with things related to sales of their products. For example, I can see a possibility of transformation from signing a big contract or similar things that would attract big money into the company. Such things as that or direct sales, yes. Transformation to something else, ... well possibly. I do think that WSTI might be able to transform into a holding company if there were sufficient interest in new factories starting up throughout the world. If it had a number of productive plants in a number of countries, it could live off the revenue. But ... That is a tall order starting from here.