Hi fooca,
Let’s ignore ML for now.
(
@JoshuaL, just for clarity, the following is a hypothetical, based simply on what we know, because WFE have told shareholders squat about the reasons behind what they have done or are doing going forward)
As an example.... Assuming Airguide were paid a retainer of $25k per month as per AVZ (and did very little work) then add the following to the spreadsheet profits.
Simply....
1- Airguide hand over $500K
(And create the hype)
2- Airguide are then paid a retainer of say, 25k per month for 12 months = $300k
3- Their initial outlay of $500k is now $200k ($200k returned)
4- If the contract was extended to 1.5 years @ $25k per month = $450k
5- Their initial outlay of $500k is now $50k
($450k returned)
If the above happened, it can then then be argued that their shares actually have a cost of $00.0005 each
6- And so on, depending on the length of the advisory contract!
7- De risked investment for Airguide or what!
Then seeing WFE “withdrew” from the project, Airguide are potentially now owed $500k
If Airguide are entitled to a refund and somehow get the initial $500k back, they are in profit of $450k therefor any of the locked shares have a zero cost.
Assuming that WFE is delisted and maybe relisted later or recapped then Airguide are in a good place with potentially a lot of very, very cheap shares!
risk V reward! De risked investment for Airguide or what?
Also, who actually cashed in on the hype (pump) from .1c to 2.4c
Also, why no financials?
In my opinion, WFE in it’s current form, is screwed! I hope I am wrong!
