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Gotcha Sucka

09/26/11 10:06 AM

#131714 RE: Mt bigsky #131712

No, you are not to assume that from my statement. I make no such claim. You have a whole vast universe of facts at your disposal that enables you to form whatever opinion you want.

One of those facts is that it was reported on this message board that a stockbroker stood up at a shareholder meeting of a public company and told those in attendance that the company "wasn't a scam" or some such language.

Another fact is that stockbrokers earn commissions from clients' transactions- purchases and sales.

Another fact is that some stockbrokers have friends from high school that go on to become directors or Chairmen of publicly held companies.
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Acumen

09/27/11 9:03 AM

#131745 RE: Mt bigsky #131712

Now BigSky - what would cause any serious investor to call WSGI a scam?

Certainly not:

Executive compensation as per the amended 10-K verse R&D expenditures
Housing and car allowances
Purchase of the money losing - debt ridden GTC from an insider
A strategic partner with no proven prior aeronautical experience
A balance sheet as per the amended 10-K which provides evidence of insolvency
Private offerings to raise capital which have already been supplanted by the S-1 registration to dilute the common and pay back the "private investors" - why do they want their money back so fast?
And of course - no one on staff with any technological credentials.

How could someone possibly say this thing is a scam? Beats me!