A lawsuit is never a good thing. First of all Its
Post# of 3844
Posted On: 03/27/2014 2:04:48 AM
A lawsuit is never a good thing. First of all Its bad publicity, secondly, 100's of hours of work (which could have been spend on something else) & above all, it will cost him money! Even if he wins this case months or years from now the initial costs are going to be paid for with more dilution. By the looks of it the lawsuit seems to be frivolous but nonetheless people hate uncertainty, especially when it comes to their money!
I have to say that the last few weeks haven't been encouraging folks.
Dilution, trouble with Auditors, possible intervention of the SEC (yes its possible!). Now a lawsuit and there's also a chance the 10K won't be on time. As much as we dislike it the SP kinda reflects that. Quite the contrast when I entered this stock with the promises of a Pr with the 2014 forecast which would take us to 0.06 or more! Now 0.025 & possibly lower because these matters shouldn't be taken that lightly IMO. I mean if the previous Accountant had issues with that Lease, who's to say that the current one won't either. I they have to go back and forth discussing in depth who is right or not, valuable time is being lost to file on time. Since EWSI is rather complicated with all those Subs & branches & given the notion that the new Accountant only has a month+ to get acquainted with it all, the chance exists they could be late, and then we can forget about uplisting when that happens!
Just saying.
As much as I like the potential of EWSI we can't be blind either...
I have to say that the last few weeks haven't been encouraging folks.
Dilution, trouble with Auditors, possible intervention of the SEC (yes its possible!). Now a lawsuit and there's also a chance the 10K won't be on time. As much as we dislike it the SP kinda reflects that. Quite the contrast when I entered this stock with the promises of a Pr with the 2014 forecast which would take us to 0.06 or more! Now 0.025 & possibly lower because these matters shouldn't be taken that lightly IMO. I mean if the previous Accountant had issues with that Lease, who's to say that the current one won't either. I they have to go back and forth discussing in depth who is right or not, valuable time is being lost to file on time. Since EWSI is rather complicated with all those Subs & branches & given the notion that the new Accountant only has a month+ to get acquainted with it all, the chance exists they could be late, and then we can forget about uplisting when that happens!
Just saying.
As much as I like the potential of EWSI we can't be blind either...
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