Replies to post #3724 on WindStream Technologies Inc. (fka WSTI)

[Toxic Avenger]

LOL, you're blaming me for being right about that 99.7% loss again. ;-)

Yeah, lots of companies go bankrupt, but that's not an excuse for WSTI. It was a poor business plan from the get go - losing money on every sale.
When over 90% of your sales price goes into the basic materials and labor to produce that sale, it's a bad business plan. No economy can fix that.

And then when you turn to toxic debt and pay 50% annual interest to keep the bad business model, that's not the economy either.

Savvy investors such as myself ALWAYS look at past results. That's how we avoid these 99.7% losses. ;-);-)