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nit2win

04/11/12 9:11 PM

#19838 RE: ajja #19837

You see that the difference between you and I.....

I do not look into the history of a development stage company as to whether they WERE a good investment. Why? Because one would not expect them to have any type of revenue stream while they are in the research and development stage of their products or operations.

The key to making money in a company like WTWO is TIMING. Determining when they are on the brink of going from development stage into a company that is actually producing and selling a product is the key to success.

That is also why I could care less about whether the stock ticks up or down on a daily basis. I happen to come from a professional racing background and we have a saying, "It's not where your at in the middle of the race, it's where you cross the finish line that counts."

That being said, I look at WTWO on a going forward basis. I will judge the company based upon what they are doing today and what I believe they are capable of doing tomorrow. As news comes out, at some time, I believe the stock will trade in parady with their future business.

As for all this nonsense about dilution, you don't have to be a rocket scientist to know that companies like WTWO and a miriad of others, commonly fund their operations through convertible notes. Yes, that does cause dilution, but it also comes with the territory and falls under the risk to reward category. That doesn't mean the company is a failure, is doing anything illegal or is trying to hurt the shareholders. If you aren't astute enough to know these things before you invest in a penny stock then you probably shouldn't be investing in highly speculative securities in the first place.

It is sad to see people comment on a company like WTWO and spend all their efforts in giving negative opinion after negative opinion about a situation that they should take responsibility for when they initially made the decision to invest in the first place. Now they spend their life hoping and praying that others lose just like they did. Any time I have made a poor investment choice I have always blamed myself not the company. And in the times that I have had to cut my losses, I have done just that and moved on to something more productive and positive.

In my world, winners always take responsibility for their actions while losers always blame someone else for their failures.

JMHO