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WHKA (World Hockey Association Corp.) I am looking for a technical bounce
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[QUOTE]Originally posted by emptycontents: [QB] We wonderful PR We are going to bust these scammers, WHKA all the way! WHA Elaborates on Issues Talking Points From Monday Night's Radio Interview -- Company Plans Aggressive Legal Action to Counter Unscrupulous Attacks From Global Development, Inc. and Its Related Parties Feb 27, 2007 1:35:00 PM VANCOUVER, BC -- (MARKET WIRE) -- 02/27/07 -- World Hockey Association (PINKSHEETS: WHKA) and its CEO Ricky Smith wish to thank SubPennyRadio for the opportunity and venue in which they were able to discuss various points regarding the WHA. In the interview, Smith discussed past events as well as anticipated future events which would concern WHKA shareholders, its league's players and its hockey fans. In an effort to reiterate the issues raised in the interview the WHA wishes to state the following: There are efforts underway to expand the league to a 16-team format. This is planned to be accomplished in time for the Fall 2007 to Spring 2008 hockey season. Plans also include sending an all-star team to Japan this spring to play a series of games which will showcase the WHA to that nation. The WHA remains more committed than ever to provide a first class hockey league to young players and hockey fans in Western Canada and the Northwestern United States. When asked if the company anticipated issuing a reverse split on WHKA stock, Smith responded with a definitive "NO." "A reverse split would be counterproductive and would hurt our shareholders. I am a shareholder. Why would I do something which would affect all of us negatively?" Smith said. Smith also said shareholders should expect no dilution over the near term. "Our first goal is to undo the damage which has been done to WHKA stock," Smith declared. Smith stated shareholders of WHKA can be assured the company remains committed to defend shareholders and the league against the unscrupulous actions of Global Development, Inc. and its affiliated or related parties. Smith said the WHA is compiling evidence to be used in a lawsuit which will address the illegal spam issue as well as suspected and evidenced activities regarding the issuance of illegal and unauthorized shares into the market for WHKA stock. Smith further stated that "he was not going to take this" and shareholders could expect vigorous legal action against the perpetrators. When asked how large the suspected illegal share position was in the market for WHKA stock, Smith stated he believed it to be in excess of 100 million shares. Smith said this is the suspected primary reason for the price action in WHKA stock during the months of November of 2006 through early February of 2007 "Our goal is to protect our shareholders and we hope questions were answered," stated CEO, Ricky Smith. "I believe as strongly as ever in the future of our league and our company." About Sub Penny Radio SubPennyRadio is a commercial-free, interactive broadcast offering listeners exclusive interviews with subject-matter experts, insight into enterprising companies, and detailed technical analysis. The show scans the trading field covering well-known companies to undiscovered market gems trading on the US stock exchange and OTC/OTCBB. For additional information: http://www.subpennyradio.com. [/QB][/QUOTE]
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