The point wasn't to compare the companies balance sheets or business models. The point was that when you're a filer and don't file, eventually the SEC revokes your registration.
I believe HJOE wasn't upset when it happened to them and WSTI won't be either.
I don't believe WSTI is still doing any business. HJOE and many other stinky pinkies I follow have people with large positions in the stock who are willing to attest to the ongoing operations and successes of these companies. The reality is that companies that are still operating, even if they're not doing well, file reports and provide shareholders with some information. The only reasons not to are the company is essentially shut down, or they are waiting to be revoked so they can eliminate the burden of being a public company and blame it on someone else.
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