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WWEN has not had a PR since the new SEC short reporting rule. I have been in constant talks with the CEO, and the investment banks supplying the money for the bio-diesel plants. The next update will take this back to the .51 high 2 months ago. The outstanding share count is a minuscule 97 million. The float is around 4 million. There are not enough shares to go around. I would not wait until the PR, it will be WAY to late. I would at the very least have a small position to reap the major gains ahead.
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They are strategically placing 7 bio-diesel plants around the world. They have 1.7 BILLION dollars in contracts. This is not the stock of the year, its the stock of the century. I have put a fair value at over $10 a share. 97 million x 10 is only 970 million. They have 1.7 BILLION in contracts. Not to mention there LTG "Gas to Liquid" and 7 bio-diesel plants. Its HUGE.
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The 1.7 billion in contracts are from the EU. The EU uses over 10x the amount of Diesel we do. They import all of there oil, and have NO refining capacity. They are gearing up to become a huge player here. There application to the AMEX has been received, and awaiting review. To not be in this, is foolish. Good luck.
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.They have already acquired the 150 million for the expansion of the 1st plant. They have also added the LTG "Liquid to Gas" to the plant so that they don't have to pay a 3rd party. You have to put it all together here. I have been doing this a long time. This is the best play I have EVER. seen. The next PR should send this up a few hundred %.
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The CEO said that they are doing all financing through debit, and WILL NOT ISSUE SHARES. There are only 97 million shares out, and all but 4 million are being held by insiders, and Investment Banks. You should have at least a small position in this. Also, the requirements to move to the AMEX if under $1, is that you must have 50 million in revs. They have submitted the paperwork, and awaiting an answer. This to me says the next financials should be huge. They are confident with the AMEX move.
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I always go above and beyond with my DD. I never invest in a company without talking to management. I want to get a feel for the people running the ship. Not only is the CEO brilliant, he understands that dilution hurts not only the investor, but hurts his investments as well. There are trades out there, and then there are investments. This is a great investment.
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If the MM would let it run, then we will be in business. I am not worried about a day, or week performance here. This is HUGE. The next PR will send this much higher.
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quote:Originally posted by binsleep: I originally bought at .35, and have averaged down to .18. This is one of the stocks to hang onto.
The elevator is at the ground floor people. Will you be in when the doors close?
Thanks for the update invester!
Not a problem. As you know I had XSNX, USXP, RSHN, NDOL, and PGPM. All 10 baggers or more. I actually expect more from this one. All of those others are CRAP stocks. High share count, and not allot of potential. They were all good for the trade though. This one just amazes me. I am truly dumfounded that it is at these levels. It is only from the MM manipulation, and shorting of the stock that caused the precipitous drop. There is now the new SEC rule in place, so the next PR should let it go. This is not a stock with ubiquitous shares. Patience is key.
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if this is such a good company.. why wouldn't they pay someone to design them a good website.. professional website is a face of a company in the eye of the investor... curently they use a TEMPLATE from templatemonster dot com ...
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quote:Originally posted by invester: I actually like the website. It does the job and then some.
I am glad that you like it... but thats not the point ... the point is that the cost of that template is $56 ... wouldn't you think that a company of that size should have a decent corporate image online ?
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I am not a web expert, so cannot answer your question. I do know that they are focused on the fundamentals, and not a mere website. I KNOW business. I have a finance degree, and have been an Investment Banker for years. I am in constant communication with the CEO. Don't buy in if you are skeptical. I have never been so sure about a company. I guess that’s what makes a market though.
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quote:Originally posted by Borishar: agreed... i am a web expert.. and you can tell alot by the companys web presence .. hope this is not the case.
Borishar...Please take a look at GWGO website. I'd appreciate your professional opinion as the site looks good and I want some positive reinforcement for owning the stock...Thanks.
quote:Originally posted by Borishar: are we expecting news about amex ?
The approval takes time, but we will have news on it soon. I am anticipating developments with the Ethanol contracts soon. The fact that they are adding a Liquid to gas terminal shows how huge they are becoming. They have all the financing available as well. This is big time.
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