As I've said before, so everybody listen carefully: IT IS ALL OVER. The company is finito; there is no money to pay creditors let alone us poor imbeciles who believed all the BS. The shares are worthless just like the advice and post-collapse comments from the people we trusted with our hard-earned. The good chairman blamed the catastrophe squarely on the falling IO price. I laughed so loud, he must think we are all fools. Yeah it was A factor. But the main driver was the absolute mickey mouse operation which was born of dreams and not financial reality nor proper risk management. Cross your fingers approach which is not really good enough for a company which kept coming back to holders for cash while all the while telling us everything was fine and dandy after some teething problems. Those responsible should never be allowed to go anywhere a public company again.
WDR Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held