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Blizzld

09/22/18 9:22 PM

#24212 RE: gimlo #24211

Good question...

Rough estimates.. (adjusted for the current funk we have rounded up)

Filings 250-300k
Court case 350k (might be able to be settled now)
Convertible debt (estimated 1.5 -1.7 million) can probably be settled for 30 to 50 cents on the dollar , especially now, maybe lower

Those are the major things. When I ran things by Dan a while ago somewhere around 5 million is needed to fully clean everything up and be basically debt free and have some capital.

No one ever does anything creative or really cares about common stockholders but there might be another option with ImpactPPA if Dan really cared enough to try it, especially if he owns a lot of stock in WSTI. Do some kind of stock swap let the old shell die and buy us in to ImpactPPA then go public there. Maybe as incentive a money raise plus warrants as well. Get that 500k for India, allow Haiti to build and let old debts and problems die and still have life. After all our market cap at the time of the suspension was under 2 million. Say stockholders other than Dan owned 50% of the company (guess) carving out Impact stock and tokens perhaps and warrants and cash raise (for his benefit) would make Impact the high market cap stock we hoped WSTI would be which we would own a piece of totally clean company.

We still have options here but none are easy.