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sunspotter

01/18/13 2:01 PM

#49117 RE: iluvsitong #49116

"Could it be theory #6, that this is a scam that went awry, and there is no technology whatsoever but because of the eyes of the SEC and or AMF on them, they are giving us the impression they're trying but failing and ultimately setting the stage to announce "we tried but failed due to ______ reasons" and officially close shop?"

That's exactly it. See my previous post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83592593
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Gatz

01/18/13 2:10 PM

#49118 RE: iluvsitong #49116

I've been thinking this for quite some time now. Their recent lack of progress and implausible delays along with comments they've made like "We hope it pans out" and "if the numbers are good" only seems to reinforce this theory.


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gharma

01/18/13 3:24 PM

#49131 RE: iluvsitong #49116

What is the difference between your now presented theory #6 and the original theory #1 ?

The AMF allegation includes comments that there was a coordinated network of traders that would profit by buying and selling on the swings with the help of the PRs. I find that very plausible as in the early years there were certainly fairly regularly slow swings down and sharp swings up. That is why I am ahead for involvement with WDRP (not being part of the alleged network, just trading the swings, building a free core position).
As Sunspotter points out a number of this crew's companies had grand finale acts centered upon rumored buy-out offers to drive the stock to new highs.

My own current opinion is theory #1 (aka theory #6)

When they failed to release internal numbers, that was a large red-flag to me that they finally understood that a product would be a hard sell. When they released hidden results for the single cavity design and then changed course into the multi-cavity that was the first sign that they were seeing beyond invention phase rosy glasses and seeing the real physics.

Just exactly what is the hold-up with Intertek is obscure, but imo it certainly is not the lack of sufficient equipment for the tests.

As far a having relations with reputable businesses, Design 1, UL, and Intertek, I am still of the opinion that these firms will take on as a client any company that will pay for their services. Having (or having had) a contract with them only proves Wanderport came up with sufficient money to contract for work.