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Message: Winfields immediate future

Winfields immediate future

posted on Sep 20, 2009 10:19PM

Bashers old and new, banned multiple times or not, they keep reappearing.

To those...listen carefully. You will be banned at first opportunity.again and again..one of you for the twelfth time. This is what this site offers in difference to the rest. I will remain vigilant against those that fail to recognise or think they are above our basic and inferred rules

That out of the way.

Muddled

Thank you for baring your soul and telling us this story.it meant a lot to me personally.And thanks for your confidence and support. I do what I can for Winfield, not what I cant. I will see this thing through is what my promise has been, and still is

Let me address Winfields major problem as i see it. Money. period

In the past year the company has spent a minimum of 200k keeping the life support system in Libya and Vancouver going, and that on a shoestring budget. Then add the costs of our never ending audit problems. The continous suction has drained energy from those associated with the company. Just do the math on money in...money out. This is why the audits drag into each other and frustrate our efforts to listing.MF and friends have raised 600k while the issue is not trading. The story is stale and the lineup is not forming to the left to buy pp stock even at the fire sale nickle pricing.

There will be an announcement by Sept30 re the state of the pp. I find the upside of releasing updates on this is negligible, as is our auditers progress. I do my best but cannot verify the correctness as I am not an official.

In my opinion the audit will not be completed by Sept30. Therefore as an Oct01 deadline looms WWF will be Cease Traded once again on that date until financials are current.Not what any of us want to hear.Funds have been slow to complete and the traction continues to be elusive. Licences are still in good standing Im told and a new push has been made to finalise at least one important contract outside the Ras Lunaf project in the EOR field.

I am at a loss to make suggestions to ratify this slow money in thing. My solution of listing anywhere during the window of opprtunity that is closing was not met with much support. if we had done this. our problems would be behind us, and we would be in tripoli conducting biz instead of doing backflips in Vancouver trying to raise money. You all have heard me give you the opinion of if...If my aunt had balls, shed be my uncle!!

I have asked MF for a state of the union type address to keep the shareholders informed oficially. Expect a staement near months end I would project

At this juncture I have nothing further to add

royrogers

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