Replies to post #96364 on Wialan Technologies Inc (WLAN)

[letzgetrich]

Here's an idea for TM and VT.............

Cancel all your common stock, issue some preferred that converts to common at a specified share price. ($.25/share for a set dollar amount). TM claims to want to protect investors, there's a step in the right direction.

Buy some stock in the open market, and file a form 3/4 with the SEC. (That will bring in a ton of retail buyers and show investors they have skin in the game.)

If they would have done that, then they could get financing a ton cheaper. And I mean moving the decimal place to the right maybe two places.

If they filed the form 3/4 with the SEC, then they wouldn't need and 'awareness' campaign, because insider purchases show up everywhere on the web.

But that might be too simple for this team to get its arms around, or they both don't have $20-30k in dry powder to make open market purchases.

[letzgetrich]

This has the scary look of dishonesty...............

Should say.........

While meeting with potential investors, almost all asked; Why are you not telling your shareholders that the C-team is not being paid salaries until funding targets are met? My reply: We can't pay C-team salaries because as shown in our latest financial filings, there's no money in the bank. But, when our funding targets are met, then for sure we will start taking 6 figure salaries at the expense of the shareholders.