Most definitely Frederiction,

There are 114,880,210 common shares in the WTG float.

Max owns 85,000,000

25,400,000 were privately placed.

Edward Sugar owns 8,900,000 of the 25,400,000 privately placed shares. I don't know where the other 16,500,000 privately placed shares went. I think we can safely assume they are locked up and under Finskiy and trusted associates control. http://www.canadianinsider.com/coReport/allTransactions.php?ticker=WTG

Just a reminder: Mr Sugar's Bio:

http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=118598545&ticker=WTG:CN&previousCapId=8142536&previousTitle=ECOPETROL%20SA-SPONSORED%20ADR

That leaves 4,480,210 unaccounted for...

It would appear that more that 96% of WTG shares are under the control of a single individual.