"If a Lower MC was so critical Why didn't MW choose WPI with the obvious lower MC, a more sound board of directors (No Bell)."
He has Froggy. With 12% of the company and took part in the recent placement.
If you mean why SRT is before WPI- I would say that is partly down to the failures here with Cloudland and Sugar Crush (ie he owed it to RSL/SRT investors) but mainly the fact that WPI became a shell afterward and commenced the acquisition hunt mid last year.
I also strongly disagree with your views on market cap when comparing 2 MW shells. It is far better to get set on a MW company as close to his entry price as possible. And with his track record...if it's 1/3 of the market cap of SRT..then it looks like a gimme to me. Of course that's not to say anything against SRT as I want as much upside as possible. But talk of 50c etc are just fanciful (5c would do me!) and likely to end up with investors getting hurt and angry.
SRT Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held
(20min delay)