WFL 0.00% 0.3¢ wellfully limited

Ann: Notice of Annual General Meeting, page-15

  1. 12,520 Posts.
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    No matter how you look at all the other "stuff"going on, the one problem remains.

    The OBJ magnetic technology is not transferring into commercial products generating growing revenue/profit streams

    All the current hoopla is not worth a hill of beans. It is of no consequence. There is nothing under pinning the whole scenario.

    There are no products that the consumer is buying on mass with repeat sales.

    ............the listing has become a continual re arranging of the deck shares by those with a link to making a buck - via a story that no one understands and shrouded in technical double speak.

    If the technology is that revolutionary where are the companies lining up to include same in their products and give them that market edge?

    P&G used it as a marketing gimmick and paid rock all for the exercise. They were smart and used a low key marketing program that did not do any damage to their cosmetic branding.

    If you do not have a product/technology the consumer will pay for and come back to buy again/again/again.....the story eventually grinds to a halt

    Those within the company are simply looking after their own financial interests and themselves, there is not a law against that - the problem is that many investors have swallowed the "story" and unfortunately lost money.

    That being said, there is a lot to learn from this exercise and will make many much the wiser when it comes to future investing.

    Maybe I am wrong but $600 for a unit with misting pods to treat your own hair with a product you do not understand - beats me.
 
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