Since October 23 I have had no idea what I am talking about WRIT has traded 305 million shares on its way to a billion without ever hitting a penny, just as I predicted. In that time the share price has been cut by over 60%. Management is inept, there is an unlimited amount of stock for sale as it is being diluted relentlessly, with a share price at an all time low. The company is insolvent, there is no revenue and no assets. A reverse split is inevitable.
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