Replies to post #4162 on Wastech fka WTCH

[johnson1]

Mike I can only give you my calculated guess.

I think that management is working hard for the right deal
for the company. The only way for them to succeed is to
come with a good deal (positive income) for the company and ultimately to the shareholders.

I think when something is finalized the company will come
forth with announcements and ultimate promotion of the
company by PR people.

We have not seen any hype from them except when they
thought they had something with B-right. We all know that
deal for whatever reason proved to be worthless.

IMO there is no need hyping with a PR when nothing is
changing within the company. That costs money the company
probably does not have.

You can bet on this: I think when they get something
nailed down they will come with information for all to
see and I am sure thats really what they would like to see.

EJ

[TallMan22]

What I don't understand is why management doesn't make any attempts to communicate with shareholders. OK, maybe the company doesn't have the cash to pay auditors and file a 10k but they could still file 10Q's (which are unaudited reports) and 8k's.

Wouldn't it be nice to have a simple unaudited balance sheet to review? What are our debts? What cash do we have coming in? What expenses have we paid with that cash? What shares have been issued? Have there been any related party transactions in the last 2 years? Are we delinquent on filing tax returns, and if so, how many years? Heck, how about confirming the names of the current officer(s)?

Please don't suggest that I "call the company". The last thing we all want is management frittering away their time talking to every shareholder one at a time. If they have that much time on their hands then they're either way overstaffed (for the results we've received) or they're not doing anything to increase our investment.