InvestorsHub Logo

Sloth97

04/27/10 12:01 PM

#292 RE: pennypincher44 #291

Pennypincher, I have no idea. This stock does not trade any longer on the AIM in London as far as I know. It doesn't have a board of directors or anyone for that matter in the company. It's just a shell. The only thing that I can think of is that some company will use this stock as a shell to start trading. This method is usually cheaper than starting up a new publicly traded company be getting a trading symbol, registering the shares and getting enough shareholders (I think you have to have a certain number of people willing to buy the initial shares upon trading).

There is a WorldGaming.com where this company's website used to reside but it's a video gaming site. They're a private company from what I can tell and have nothing to do with the old WG that did software for online gaming/betting. I still have all my old WG shares It would be nice to see a company come in and merge with WG to start trading under the symbol. The consistent volume is perplexing to me too.

Sloth