Let's dissect last night's PR...
let's cut to the chase....here is W2's important fluff in bolded text, my comments in italics
2013 was a year of change for W2 Energy Inc. Although we did not make all of our targets we had hoped for,
W2 has never made it's target, EVER
This year looks to be the year we will see some activity on some agreements
More vague garbage, non-committal fluff
Sales cycle time has been greater than expected with funding on Joint Venture partners side being the dominant issue
Finally some truth... Only an idiot would fund a non productive dud like W2
Unfortunately in the last quarter of 2013 management decided to cancel these agreements due to non-performance and non-payment from SES.
Why would anyone buy crap that doesn't perform. Other companies realize W's got NOTHIN'
In 2014 the company intends to pursue acquisitions.
How do you pay for those acquisitions? You got one guess, and it ain't "with cash"
During 2013 we continued to push forward on our coal water slurry systems. Focusing on fuel oil replacement.
A drowning man (Mikey) grasps at a straw, but still sinks like a stone ... lol
In 2103 we sold our building to reduce costs and relieve some of the financial stress that was burdening the company.
They are now operating out of Mike's garage
Although our targets were not met in the last few months as announced,
They met the real and intended target ... selling as many shares as possible.
we look forward to producing our first runs of fuel in the month of February.
It'll never happen
Why would anyone want to fund this POS?
imo Ajja