Replies to post #236 on Wastech fka WTCH

[rhlytle]

I share your concerns about yet another delay (missed deadline). It appears that CVIA may be trying to let out a little information in an effort to hold up the price - the CG PR. However, they should realize that it will take significant news to raise the stock price.........it has to be sooooo significant that a wole bunch of new people want to own some shares. Those of us who are already here will probably not make enough impact, even with very good news.

My guess-theory is still that CVIA has tried to start and finish more things than their cash flow will allow. Some have probably been dumb decisions, but at the time they were made, they might have seemed OK. Hindsight, you know!! Another way to put it was said several years ago by a local Banker......."I never made a bad loan, when I made it".

IMHO, they are now in the situation where we are demanding news before they are ready (or before they can) release it. We should stop this!!!! However, as much as I hate to say it, they are really causing some of our discontent by continually setting timeframes, release dates, etc. that they fail to meet. There are probably very good reasons why they have not met the last 10 working day release date. I certainly hope that now they are completing the terms of the acquisition, merger or whatever. I am also assuming that they are more aware of the importance in completing a 'good' project than even we are. I trust that news will be coming.......I hope it's good news!!!

Oops, son, daughter-in-law & grandaughter just arrived for supper. So, I'm done rambling. Of course, all is IMHO.

[JimA]

rf4hd - I wouldn't worry about a couple of weeks delay. A lot of deals between business get to a point where it looks like a straight shot, only to find a single detail that still needed resolution. A detail needs to be reworded, or a bit more research in a file needs to be carried out, or ....; then the results need to be communicated, then discussed to resolution. Then the agreements need to be revised, perhaps even a signature cycle reinitiated. A week or two or three can accumulate pretty fast.

I think the PR had nothing to do with the deal per se, but with all the ruckus that was building among the threaded shareholders because the commitment date came without the real McCoy being quite in shape to release.

Sure, I maybe sound a tad optimistic, but what I suggest may be happening is consistent with the way these things go, and it is as credible a guess as that of any of the chronic naysayers. So, I'm sticking with my story.

Having said that, It's puzzling to me why CVIA would volunteer any date, or even any ballpark timing, (1) given the abuse heaped on them when they miss a date, and (2) their history of not being all that good on date prediction (at least to the thread folks!). It would seem to me that either the "abuse" or the lessons learned about their expertise in predicting dates would cause them to hold off on such commitments until all the contingencies are out of the way.

My guess is that Keith is a passionate guy (DUH!) and still gets excited when things are about to break, and just can't resist telegraphing in some way that something good is headed our way. Yeh, that's it! I'll stick with that too!!

Regards - and anxious to see what transpires this next week!! JimA