I hope for those invested something good happens. But I doubt it.
No rebound yesterday so feel it will stay flat today with volume definitely under 100mm. The only buyers will be flippers in at 0.001 and out with a 10/20% gain or retail investors that are in the green for the year and dabbling with a few dollars.
Oh for sure. If/when another S1 is filed it will not be a good look given the current circumstances. I cant imagine they would only use $1.3 mil out of 5 unless they truly are close to a legit source of funding..
I won’t be pissed because I think WL is here to stay. Remember that the intent is $5,000,000 in their filing with WL. The company already told investors that they may use WL for that much money. WL will be good for the company and investors if the company does not have a better choice to pay debt or promissory notes. Let’s move forward from here on a realistic expectation and not wishful thinking. I think the company will need to be fully transparent with their financials with investors. For me, I am okay with it and I am sure others will be okay.