It is unfortunate that investors have very little to go on at this stage.
We have no idea of the uptake/conversion rate to paying customers.
The only thing we know is that they are chewing up dollars and the cash situation is far from acceptable.
I wonder what the real take up with VPN/Family Insites/Wifi really is...... and the likelyhood of it all gaining traction.
If they sell their soul with the CR then the current shareholders will be manipulated from pillar to post with the massive quantity of shares then exposed to the market at a fire sale price. Imagine sitting there watching the cornerstone investor with 500,000,000 shares being used to play games.
Bloody awful situation.
They will control the company.
Just a shame the whole business model has been so poorly implementated.
WGL Price at posting:
0.8¢ Sentiment: None Disclosure: Held
