..and every other telco is in it as well.If anything, it is a...

..and every other telco is in it as well.

If anything, it is a way for the people who picked up the 2.5 billion shares at 2 cents that the compnay had to issue a month ago to pay off some debt can exit at a 100% profit. They are the smart ones. Anyone paying 4 cents now i think are probably just transferring their wealth into the accounts of the people who got those shares.

PWT - lost $16 million last year, no forecast of any profit, a lot of debt, a lot of issued shares. Vey similiar to a lot of blue sky tech companies in 1999..DVT, VNA etc. Have a look for those stock codes now.

Anyone that buys into any company without at least a cursory look at the financial predicament of the company is asking for their money to be taken away from them.