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News Focus
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dioblo

07/11/07 4:21 PM

#18642 RE: LCLiving #18637

so since the last up date they have dumped 338mil shares
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imiloa

07/11/07 8:27 PM

#18665 RE: LCLiving #18637

IR (Yotty) confirmed by email to me that OS is about a billion. He didn't quote a specific figure, just that the OS was about 1/2 the AS.

From this I guess one of two things:

1) Positive: Deals with Cementers and Team are almost done and the new shares are part of the acquisition contracts.

2) Negative: Company is diluting, milking us for cash.

Sadly, we won't know which until the company tells us.
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AmericanDSSS

07/12/07 3:30 AM

#18672 RE: LCLiving #18637

That's what I'm trying to figure out; assuming Sylvia is IR for WRNW? Do we have contact information and/or email information on IR? Anyhow; imo WRNW is at a bottom here and we should spike and shoot up in the PPS shortly.