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shemusotoole

10/19/12 11:36 AM

#25658 RE: TartanInvestor #25656

With approximately 110M outstanding shares right now, and 750M authorized shares, that leaves WTWO with 640M left to issue. At approximate market value of one-tenth of a penny, that gives WTWO $640k of cash to collect from these shares. I believe they spent about $1.8M in the 1st 6 months of the year, but even if that is what they have spent in the last 12 months, they would run out shares to issue before Oct. 2013. A reverse split is a very high possibility in a year (IMO, it will happen well before that).