InvestorsHub Logo

JPetroInc

06/06/07 11:26 AM

#726 RE: Gbathat #725

As a result of that agreement and the RS associated with it, its quite likely that WWAT will be eligible for a NasDaq listing. I also believe they have a Sarbanes Oxley compliance officer in-place specifically for this reason.

All the Best, JP

alopex63

06/06/07 2:05 PM

#727 RE: Gbathat #725

I spoke to the head of WWAT IR at the time that people started talking about the R/S. She was very firm that $1/share was in no way a trigger for a reverse split. The board wanted to reserve the right to r/s at some point in the future, should it become appropriate, and the $1 limit was just a way to assure people that there wasn't a typical, pink-sheet r/s in the immediate offing (I think we were at about .65 then). A r/s is not necessarily coming anytime soon.

This is the one stock I have that's taking off. I just wish I had A LOT more of it....

Gbathat

06/06/07 3:31 PM

#729 RE: Gbathat #725

sorry for using the rs word!

don't worry- if it happened, it would be in the best interest of the shareholders and probably only come in the form of a huge buyout.

i have most of my money in wwat and that is where it is staying!