Great! I heard that the same guys that took VDAT from $2 to the $40's are involved and that this is the only BB they are doing. They seem to hold long term and are attempting to pick us as many shares as they can from the one guy or broker who has been selling some of his position. I don't know for sure but they seem to think that a big portion of the float is in good hands, and they apparently plan to hold for 2-3 years, which I never count on, but they do have a good track record with VDAT (if of course what I am hearing is true, which is hard to verify, of course)
Regardless....
I then researched the stock, spoke to the CEO, and started this thread.
As a recap for new investors, this company has some big plusses:
** Tremendous experience in management, consultants, and scientists/engineers
** A technology that is badly needed in many parts of the World
** They have won impressive Grants and Awards (including New Jersey Small Business of the Year in 1998)
** Their technology works and brings pure water and clean solar power to many struggling areas, and they have ongoing tests in many countries aroung the World
** One big contract signed yesterday and hopefully more contracts are expected; the CEO has been on an extended trip
** WWAT is teaching these countries how to apply for grants to help them pay for WWAT's technology
All in all, pretty nice stuff, (and a "feel good stock too")
DAVE |
