Off Topic: But, what a trip...!!
WHME is making a nice recovery from the "..bash-n'-short'em.." routine that was run on it in conjunction with SEC knuckle-rap the company received. Certainly nice to see a company come right back from what the bashers would try to sell as "..desperately bad news..".
It's almost laughable, really. That flailing arsehole Greenspandex hoses the entire money supply, sending the normal lending and venture captial markets into the "..uh uh.." zone; so the small companies are left with next to nowhere (affordable) to go for funding.
Looks like the guys at WHME may have issued some S-8 stock to themselves, which they apparently sold, putting the proceeds right back in the company treasury. It may be technically a bogus way of making yourself a loan - but, it seems to come under the heading of "..inventive/alternative financing.." under todays's current bonehead-manipulated money supply conditions.
If I understand the situation correctly, they can sell their homes all over the MidEast, Africa, the islands, etc., like nickel ice cream cones at a July 4th picnic. And, when they have all their international letters of credit, etc., etc., in hand to guarantee payment for services/product - it's going to be "..Whoa BUNDY.." time.
If you want to see a study in manipulation by the bash-hole/shorters that prey on small companies (..and probably were involved in ratting WHME out to the SEC to boot..), look at the price swing and recovery over the last 5 days.
Life in pennyland, it seems - but, at least WHME appears to be "..cash-healthy.." as it goes into the latter part of closing some big deals.
Hope ya'll have a nice weekend.
John :-)
ps: DYODD, and only spend your Casino money (..without Flash Swizzlestick's permission..)!! :-)
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