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This is my #1 POS that I own. Their PR's blow and it would take miracle to get my money back from it. Unfortunately, since my value is basically worthless at today's current price, I mind as well ride it down. Got in too high at .0065 and today it is still tanking to .0015. Anyone else sitting on this junk pick beside me? Btw: CESY and CWMF will take care of my loss on WHLI here in the near future.
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I got in yesterday at .0017 sorry to hear you need .0065 to break even. I'm just hoping for .002 for a small profit. I'm not too worried right now. Almost everything is down today. I think I'll make my profit later today or Monday.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur.
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WHLI posted a larger loss for the last quarter compared to the previous quarter this morning. I'm sure that is why you are seeing the fall in PPS. On the bright side everyone selling at or below .0015 are taking losses. PPS has only sunk below .0014 once. I'm hopeful that there won't be too many people willing to sell at a loss. There should still be alot of people that bought in at much higher levels that are too stubborn to sell. Hopefully their holding tight will keep this from bottoming much lower.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur.
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I see an expense in the amount of 56 Million and I see Prefered Stocks (in the Financing Section of the Cash Flow Statement) which may suggest that they have expensed such financing. Don't ask me how that works though. There is new pronouncement by the SEC to suggest expensing Stock compensation, however, compensation with Prefered Stocks is new to me.
I am sorry that you have lost on this one, but I hope you would make it on CESY and others.
-------------------- What do you think ?
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This should rebound nicely late today or Tuesday. I'm showing Bid/Ask at 3 x .0014 / 2 x .0017 with the bid at the current trading price, I don't think the MM's expect this to fall much lower and with the ask at .0017 this should jump back up a few points rather easily.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur.
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Nu Image MedSpa Completes Registration of North Carolina Business Opportunity Sales Act Filing
Internet Wire via COMTEX
Sep 8, 2005 7:05:35 AM
Winsted Holdings Will Spearhead Marketing of Nu Image Brand
NEWPORT BEACH, CA, Sep 08, 2005 (MARKET WIRE via COMTEX) --
Winsted Holdings, Inc. (OTC BB: WHLI), a Business Development Company (BDC), and Nu Image MedSpa Inc. of Las Vegas, Nevada, jointly announced that Nu Image has received a letter from North Carolina's Department of The Secretary of State. This official letter is to acknowledge receipt of the business opportunity sales act filing for Nu Image Medspa, filed on August 11, 2005. Registration shall be effective for a period of one year. This letter received today was dated August 16, 2005.
"We have been gearing up our sales staff for this significant registration," stated Winsted CEO Mark Ellis. "Our intent is to use the success of Charlotte Laser & MedSpa as the platform to launch a statewide franchise marketing campaign. Franchising allows Nu Image MedSpa to partner with incredible people, train and support them with a proven business system, and help them achieve their dreams. Nu Image MedSpa is passionate about transforming the lives of their guests, employees and franchisees. They are also committed to being the best franchisor and brand in the medspa industry."
Ellis further stated, "Support Systems are in place every step of the way to help entrepreneurs successfully build their own Nu Image MedSpa. Our support systems make it easier than ever to begin operating their own Nu Image MedSpa. MedSpa Startup Coordinator guides each owner through the setup process. This includes initial training on business plan development, site selection, start-up marketing, design, accounting, and elements of The Nu Image MedSpa Experience. Nu Image helps owners select a location through in-depth evaluation and selection criteria. The design team completes their floor plans, communicates with contractors, and places all orders for furniture, fixtures, and equipment. Our Training Team educates the new staff on everything they need to deliver The Nu Image MedSpa Experience. Business Advisors will perform action calls, providing financial and operational guidance, benchmarking, and any support needed to ensure their success. We have only scratched the surface as there are much, much more!!!"