Ironically my idea to "raise the money ourselves" was/is not the stupidest thing.
Last year in 2017 an energy blockchain company raised 150 million like it was nothing. Dan was psyched to get his Impactppa rolling, seeking 40-50 million. Figured he could bag it. But then crypto tanked, bitcoin lost 75% of its value and the money raise became harder because all the coin folks felt a bit poor with their fluff money.
But here, not even knowing any of this existed we have figured out that it does not really take all that much money to fix this. Ideally 4-5 million maybe, but plans for less can be done.
So think about that few million dollars.
Money pops into WSTI , first announcement filings being worked on, second India is done, third convertible debts are resolved.
Instead of having a market cap of 1-2 million the company could be 160 million market cap and nearly debt free with a billion in potential business.
It is almost a no brainer. The investment itself triggers an incredible increase in value because it cleans up everything that is holding it back. I have never seen a situation where I was so positive on the outcome if the money came in to fix it because we all know the deal 100%.
To be safe and minimize risk it would have to be in tranches. First to complete the filings, second to settle the convertible debts/pay off. Third for some capital to finish India or vice versa.
The interesting thing is if the filings get current and India is started and money is flowing and the stock goes up enough to convertibles dont hatch nearly as much stock and it might even be able to be done without paying them off.
Example if the stock got to 2 cents and the conversion was at 50% of the trailing market or 1 penny 2 million in convertible debt (it is most likely somewhat less than that now) would only be about 200 million shares. A lot but peanuts in relations to the OS and the interest we would have here.