Replies to post #1779 on Wave Sync Corp. (WAYS)

[luvtradin1]

as I understand what they are doing, instead of

cancelling the rolled back shares as originally planned, because they allowed theoretically cancelled shares to trade on the open market and now have to cure the problem,

the 8K states that they will credit the rolled back share accounts on a one for one basis, but it seems to me that they only have 200,000 rolled back shares to work with after the reverse, if you follow the bankruptcy orders,

therefore my feeling is that they cannot credit all the accounts that have rolled back shares as there are too many on the market, they have to buy them back before they can implement this plan, imo

also I don't think they can file the late 10Q on time unless this is cleaned up,

the investors who already put up $175,000 for the shell must be pretty irritated by now, imo

all my opinions as always,