When I want answers I contact S. Johnson. EWSI
Post# of 3844
Posted On: 12/31/2013 10:19:07 AM
Re: rubbersoul #1805
When I want answers I contact S. Johnson. EWSI's IR may be performing some sort of communication function, but I don't go to them for answers. Keep in mind that a high percentage of OTC companies will only communicate with shareholders via filings. They never directly interact via e-mail, telephone etc.
The address in London is indeed an office building. The address is specifically set up for companies to accomplish international business activities. It may indeed be listed as a PO Box type setup, but it is most certainly an office building that houses many companies. There are similar set ups here in the U.S.. This was one of the first things I DDd way back when...verification of addresses etc. While I did indeed verify them, my comfort level with EWSI really didn't become solid until they started inking deals with companies like VGG and SURF early on. Their first acquisition attempt failed, so there was certainly room for skepticism moving forward. Once they had SURF under their belt, I completely relaxed. China is solid and easy to DD. SURF is incredibly transparent. 2TRG and VGG are also incredibly easy to DD. So, when I step back and look at the entire organization, I come away with a sense of ease and hyper growth with easily vetted companies. MOUs are also a potential question mark as they may or may not come to fruition. Cerebra, Reciclarg, and now Italy have completely laid this to rest for me. I am totally patient with MOUs.
I do not dismiss prior failures of leadership. I do, however, attempt to put them into context with the current opportunity. There are way to many top notch people involved with EWSI to think that there is a grand share printing scam. Crazy really. But, that's just me talking. So, with that perspective (for my money) what has occurred in the past is taken with a grain of salt. Altosbancorp for example would come in and "rescue" a distressed company occasionally with capital. At this point shareholders were usually screwed, but the actions on the part of Altos were prudent and needed. Coroware as I'm told has a lot more to do with the current CEO than anything else. Nielson (as I'm told) thinks the opportunity can be salvaged. I don't have links for verification, only conversations with interested parties. But, again, I see no play here with EWSI.
Dilution will continue throughout 2014. How much all depends on PPS and company cash flow. If you don't like dilutive activities with respect to growth, then maybe EWSI isn't right for your portfolio.
JMO
The address in London is indeed an office building. The address is specifically set up for companies to accomplish international business activities. It may indeed be listed as a PO Box type setup, but it is most certainly an office building that houses many companies. There are similar set ups here in the U.S.. This was one of the first things I DDd way back when...verification of addresses etc. While I did indeed verify them, my comfort level with EWSI really didn't become solid until they started inking deals with companies like VGG and SURF early on. Their first acquisition attempt failed, so there was certainly room for skepticism moving forward. Once they had SURF under their belt, I completely relaxed. China is solid and easy to DD. SURF is incredibly transparent. 2TRG and VGG are also incredibly easy to DD. So, when I step back and look at the entire organization, I come away with a sense of ease and hyper growth with easily vetted companies. MOUs are also a potential question mark as they may or may not come to fruition. Cerebra, Reciclarg, and now Italy have completely laid this to rest for me. I am totally patient with MOUs.
I do not dismiss prior failures of leadership. I do, however, attempt to put them into context with the current opportunity. There are way to many top notch people involved with EWSI to think that there is a grand share printing scam. Crazy really. But, that's just me talking. So, with that perspective (for my money) what has occurred in the past is taken with a grain of salt. Altosbancorp for example would come in and "rescue" a distressed company occasionally with capital. At this point shareholders were usually screwed, but the actions on the part of Altos were prudent and needed. Coroware as I'm told has a lot more to do with the current CEO than anything else. Nielson (as I'm told) thinks the opportunity can be salvaged. I don't have links for verification, only conversations with interested parties. But, again, I see no play here with EWSI.
Dilution will continue throughout 2014. How much all depends on PPS and company cash flow. If you don't like dilutive activities with respect to growth, then maybe EWSI isn't right for your portfolio.
JMO
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