Replies to post #5690 on Wireless Age Communications, Inc. (fka WLSA)

[Oklahoma1960]

I have been accused of naivete before, but I just don't see how Mr. Simmonds can screw the shareholders here, and still line his pockets. He can't be taking a salary (there are no operations), so one assumes he's going for the big capital gain, which means he takes us along too, no?

I guess he can issues himself all kinds of shares etc and dilute us further but I don't see that passing muster with a real board of directors, and it will make it even harder for him to work "his plan" so i can't see him doing it.

I'm really hoping this is the year our interests all line up like ducks on Lake Ontario!

[Wlsapope]

asdfg..: I Love your comment: "get out before the flood..". i have met a lot of 'too smart' executives in my career - they uniformerly seem to think they are beyond our intelligence.... Ironically, this inflated view of thier intelligence has been their Uniform failing - and the reason for their eventual demise. IMHO: JS is one of these... I just hope he can drag us UP so that I can Get Out when I am 'even'... (7 yr-old investor) BEST to us all!!