WRR world reach limited

what do you make of the new accouncement, page-4

  1. 8,355 Posts.
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    Dead Duck now unfortunately. Read the ann very carefully, its all there, you dont even have to read between the lines.

    Profit outlook has dissapeared with the new Iridum handsets. Customers not ordering current models, and the 6 months of little income should seal WRR's fate.

    $10,856 isnt exactly profit, more petty cash, how long did that last?.

    WRR will need one white knight to advoid all the dilution coming with more c notes at what price .003?

    If WRR's accesories are that important to Iridium, maybe its time for Iridium to take WRR out?

    Sad...


    TCG
 
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