the wolf watches and waits
posted on
Feb 28, 2008 10:27PM
Engineering, procurement, construction & management of crude oil refineries.
goin back a little
our bitterness at the tsx has softened with time and seems forgotten in our forum topics of discussion
i wonder what manny and his mannequins have discovered with their lengthy and apparently ongoing peek a boo [according to baines and the subsequent letter sent to pokecheck from tsx]
obviously nothing major has turned up in almost 6 months plus of scrutiny.
mike foley is guilty only of 'forward looking news releases', which other listed companies routinely issue. no insider trading oddities, financials tickedy boo. and the biggie...mr badshah....zippo.
this after being accused of autrocities and securities fraud in his promo of wwf. silence from tsx.
lets not forget...we are listed on the nex still despite our pristine shine and compliance. i for one have not softened nor am in a forgive and forget trance.
the halt has cost us all
54 to 20 cents on 50 million shares, thats a pile off our ledger..0.35 x 50 m is over 15million
wwf has also had to dilute at 15c on a pp for working capital. this is a direct result of the halt and subsequent corporate delays.
more dilution is inevitable when the cob happens. this at 20 c not 50. we have alsobeen torn apart in the press, despte a minor infraction only, credibiklty issues have rsulted ina sustained surpressed stock price tsk tsk
the cost could be well over 25m on a conservative estimate plus months of delays.on a more agressive view , damages of 100m are not out of line.
the truth shall unravell in time. i am on guard and positioned for this eventuality.
the kill shall be glorious , on behalf of us all
royrogers