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Non-Tech : World Transport Authority, Inc. (WTAI) -- Ignore unavailable to you. Want to Upgrade?

To: dkgross who wrote (82)	6/27/2000 1:41:00 PM
From: StaggerLee	Respond to of 294

I still don't know why a $1.28 stock would be splitting, and I don't know why they're issuing a dividend to shareholders when they're burning cash. I think I have figured out, however, why the those Greenvolt shares did not appear on the balance sheet at 3/31/00: The value of those shares, like the value of a WTA master license, is not readily determinable and therefore GAAP does not allow them to be recorded (just a guess). I don't know why they don't sell those shares. I don't want them! Bizarre management decisions here.