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1.2¢ way 2 vat ltd.

@Bundy_Too Considering yourself & everyone else is yet to...

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ProCapitalism

4,636 Posts.

1633

16/07/24

08:50

Post #: 74767499
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Originally posted by Bundy_Too: ↑

@ProCapitalism With all due respect, you are always the eternal optimist with regards W2V and after well over 20 years here on HC. That rings a big bell to me, of a poster that is either really dumb or one who has a more nefarious agenda and you don't strike me as dumb!

In the above post you deride @Joannie for basically speaking the truth with your claims of huge profits. You know as well as I do that nearly all shareholders are a long way under water and there maybe a possible few (if any) that bought for the first time at recent lows and show such gains that you spruik.

I post this as an educational example for newer member of HC to show caution when reading such posts and in the hope you (@ProCapitalism) can understand how someone like myself reads your posts as those of a blatant ramper who has those nefarious intentions.

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Originally posted by ProCapitalism: ↑

Where did I say there were hundreds of people buying at 0.008? Simple basic facts. There are people who bought this stock over the last few weeks and are in the money. It's a perspective issue, just because you weren't smart enough to pick the bottom, you're sitting on a loss, so you're blinded by that loss. Others picked the bottom & are sitting on profits. I'm not sure why you can't get that through your head.

You clearly have a problem with my posts. You have three options, throw me on ignore, report me to HC or lodge a complaint with ASIC.

@Joannie is a two-faced weasel & she deserves everything she gets. She blatantly pumps stocks then dumps them leaving other investors holding the bags. I'm still here losing money with everyone else with a "hold" sentiment. Can I suggest you stop being a SIMP & trying to score social or sexual points by coming to the rescue of a "damsel in distress".

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Originally posted by ProCapitalism: ↑

I read these comments earlier & I was going to let them slide, but since you want to take a swing at me and accuse me of "nefarious actions" all while, ironically, defending a known pump & dumper, someone who actually manipulates shareholders perception without ever knowing what she's holding. She tells other shareholders not to sell all while dumping shares herself, I'm sorry, that is a weasel act & anyone willing to defend someone like that needs to take a long hard look in the mirror themselves. I thought I would start holding you accountable for your own comments as well.

I'm not sure why you think BOD taking shares instead of a salary means the end is nigh. If you bothered to look around in the speccy market of late, you'll notice many companies out there are offering director's shares in lieu of salaries/payments. I don't think the directors would accept those terms unless they expect to see some sort of return on those shares i.e. they expect the shares to increase in value. If the Directors don't like the terms, they've got the option to quit.

What's the problem? The company gets to save some cash & the Director's are offered a "payment" that might increase in value. If it does, the directors are laughing. If they were just offered a salary, it would be spent in no time. Being offered shares means the "salary" is locked up & if they don't sell for some time, they'll get back multiples of their salaries.

It's a risk, because the Directors lose out on a salary that can be spent now, in return for shares that can't be spent. The fact the Directors are happy to take the risky approach says to me they have some faith the SP might increase in value at some point.

I guess they can immediately dump those shares on market in return for cash. But if they do & the SP increases in value, they might be kicking themselves for that action. Shareholders will have to monitor the holdings of each company director & given your cynical attitude towards the company's approach, I'm sure you'll be the first one to disclose those actions.

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Originally posted by Bundy_Too: ↑

@Kanems I don't real care what you think, or anybody else for that matter.

First up note my reference to @Joannie was solely on the basis that it was the post that @ProCapitalism was replying at that time. I have no knowledge of what @Joannie 's history is or was, nor do I care.

If you look at any post on W2V that is negative you will find on most occasions it's replied to by ProCap in very well presented and articulate manner that derides that post, usually by cherry picking all and any positive information previously released. As my original post stated with a long history myself on HC this rings a large bell for me and I point this out as an educational example for newer members on HC.

No reply necessary as I have nothing further to say on the topic.

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Originally posted by ProCapitalism: ↑

I rely to those posts because I know those individual's are playing games, don't know what they're talking about & spreading FUD.

I've been here for over two years. Do you know how much time & effort goes into every single one of my posts? Hours, literally hours. I've got to wait until I've got some free time, find the anns, take a screen shot & then construct the post in a cohesive manner. Why bother if I'm just going to dump the shares? Why would I be here for two years dealing with everyone's insults & accusations? I've got better things to do!!! I don't need to be here doing this rubbish!! I could have sold years ago for a small loss & looked for another stock to buy, there are at least 3,000 stocks on the ASX to pick from.

PUT ME ON IGNORE!!

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Originally posted by ProCapitalism: ↑

What negatives are there about this stock? List the negatives & forget about the SP because we can all see the SP and forget about the CRs because that's what a stock exchange is for, that's why a stock exchange exists, for businesses & entrepreneurs to raise cash.

What are the negatives about this stock?

All everyone has complained about in this forum for 2.5 years is the SP & CRs.

What's so wrong about this company? Could you give me a detailed thesis please? Anyone?? I've challenged several nay-sayers over the years & it's been met with stunned silence or they've just come back at me with pure FUD.

This company has a marketable AI product that works, in the fintech sector with paying customers. In an industry that other businesses rely on to boost their own bottom line. W2V has grown in terms of GTV, revenue or cash receipts QoQ or YoY since it was listed!! I see nothing but growth. What does everyone else see?

If the only thing people have to complain about is the SP & CRs then the speculative end of the ASX isn't for you!!!!

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Originally posted by ProCapitalism: ↑

Cheers mate, thanks for the response. Yeah, cash burn has been an issue here since day dot & it's been discussed many times. Thanks for posting, it's much appreciated!

Anyone else?

If I'm such a freaking idiot buying for this stock then WOULD SOMEONE SCHOOL ME on the issues surrounding this stock. I've got issues with this stock as well. What does everyone else know?

Step up to the plate!!!

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Originally posted by ProCapitalism: ↑

Haven't you noticed something this last week? Guess who's missing from these threads of late.

Every single day for the last 6 months without fail, there was an individual in here crying all day long about the SP. Crying!!!! Wouldn't shut up, like a five year old who dropped his ice cream in the street. Now the SP may have hit rock bottom & might be trading sideways or moving higher, he's no longer carpet bombing the threads all day long. Do you know why? Because he was playing games!!

Who is it?

I'll let you in on a little secret. I research posters on HC more intensely than the companies I'm invested in.

On a side note, I'm still waiting for someone to tell me the fundamental flaws in the business model of W2V which means it will fail. Where's the problem? We all know about the SP & cash burn. What's the company doing about it?

All I see is continued growth, either YoY or QoQ growth. In terms of the number of clients to cash receipts. What does everyone else see? Tell me!! I want to know!! Where's the fault? Yes, staff costs/cash burn, that aspect has been discussed & has been done to death. SP? Yes, done to death. Those issues are the same ones affecting 99.99% of the speccy market on the ASX.

Once those issues have been dealt with what's the problem with this stock?

Does anyone want to take a stab at how long it took me to find every Quarterly ann since the end of 2021, find the relevant information & punch it into the above graphs? Take a guess. Why would someone spend so much time & energy doing that?

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@Bundy_Too

Considering yourself & everyone else is yet to provide any negative aspects about this stock, appart from the SP & cash burn, then I'll take that as there are no issues with this stock!! Just the same issues affecting every speccy stock on the ASX.

So, I'll take it I have your permission to attack the next individual who comes into the forum to cry all day long as some who's playing games?

Waaaahhhh waahhh waahh SP waahhh waaahhh.

Waaahhh waaahhh waahhh cash burn waaahhh waaaah.

Because that's what they're doing, playing games & I call them out on it. Because the discussion about the SP & cash burn has been done to death. The discussion about probable fixes has been done to death. So, obviously, in two weeks time when another individual comes into the forum to waaahhh waaaah CR waaaahhhh waaahhh, is obviously playing stupid games & I'm well within my rights to call them out.

W2V Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.001(9.09%)		Mkt cap ! $10.48M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$5.514K	459.5K

Buyers (Bids)

No.	Vol.	Price($)
2	1590900	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	523497	4

View Market Depth

No.	Vol.	Price($)
2	1590900	0.011
5	2287604	0.010
5	1856984	0.009
11	2770727	0.008
3	620368	0.007

Price($)	Vol.	No.
0.012	523497	4
0.013	2886234	4
0.014	2737960	3
0.015	1514392	4
0.016	262437	2

Last trade - 12.14pm 16/07/2024 (20 minute delay)

W2V (ASX) Chart