A couple of weeks ago, I was just getting started, and I read about this one from you, some wise words indeed. To paraphrase....This is one to buy, make money on, get out, wait for the drop, and buy again. Well, I did just that, and SHAZAAAAMM!! - THANKS!!!!!!!!!!
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Is anyone still in on this one? Any estimates on how much longer or higher this one will run? I got in last week at .0013. So right now I am still in the negative for the broker fee... lol
-------------------- You can learn many things from children.......... How much patience you have, for instance. Wealth and children are the adornment of life. I have 5 children and 32 day care children now working on the wealth part. heheheh
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Well, Mrs Ruth.... I am still a noobie, however, with this particular choice, and based on Lil's advice.... I buy in now at .0009 - .0011, ride it to .0015-19, bail, wait till it goes down, and back in. The first time I bought this, I bought at 14- and got out at 16. Thanks to Lil, this too is my favorite little money maker. Hope this helps. I'll hang to at least 16 this time.
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Wataire Industries, Inc. Announces Licensing Agreement
September 21, 2005 10:00:04 (ET)
VANCOUVER, British Columbia, Sep 21, 2005 (BUSINESS WIRE) -- Wataire Industries Inc. ("Wataire" or the "Company") (Pink Sheets:WTAF) has entered into a definitive license agreement with International Development Corp. (IDVL, Trade) to market and distribute the Company's atmospheric water generators in the United States.
Under the terms of the licensing agreement, in exchange for the exclusive three years terms to market and distribute the Company's products with a renewal option of an additional three years, Wataire will be issued convertible preferred shares of International Development stock with a 1:1 conversion right.
As previously disclosed in our press release dated June 29, 2005, Wataire's shareholders of record as of June 30, 2005, shall be entitled to receive one convertible preferred share of International Development for each one share held of the Company's common stock as a dividend payment. Wataire will also maintain one seat on the Board of Directors of International Development.
With the finalization of this agreement, Wataire will be able to focus on its manufacturing and shipment to its existing customers in a timely fashion. Wataire anticipates shipping of the atmospheric generators to begin in the next quarter.
Phil Fraser, President of Wataire Industries, stated, "We are confident that our licence agreement with International Development Corp. will set into motion a focused approached to penetrate the US market. This, in turn, will add growth to Wataire and provide our shareholders with enhanced value."
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this part is very important to IDVL (Wataire will also maintain one seat on the Board of Directors of International Development.) as WTAF will oversee a lot of what is going on and have a voice in moving forward....I'm beginning to think I may hold some of this rather than just flip it.
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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