calvino

Stay Away From Octillion

Excellent coverage! Junk like this ruins the reputation of the entire small cap alt-energy sector. WWAT does have at least two major projects, an airport and a chicken coup, which is different from the pump and dump happening at Octillion. Gelbaum's participation is a mystery, perhaps naive, and will hurt those that believed it validated their longs.
Another example of the gutted staff of the SEC lacking both, the staff and direction to prevent market fraud.

Speaking of the SEC blithely sawing logs at the switch, (how about that revolving SEC director door), today, Cyberlux CYBL filed a fraud complaint against it's offshore Millenium Partners hedgelenders for naked short selling and deliberate destruction of share price. I have been posting about this on the Yahoo board for months and writing the SEC much longer. Hellooo Artie, Mr Levitt, yohoo!

Although WWAT is using subsidies on these projects, that in itself does not mean it can not be profitable on its own at a future date. Still, their shares late moonshot does seem destined for a near term terrestrial landing.