Nov. 16 at 5:49 AM
$WLGS "WLGSF" has more cash than debt and MORE IMPORTANTLY a large amount of money in
$TROO stock they own.
$WLGS gave
$TROO $12,645,999 and got 14,050,000 shares at .90 .
$TROO bought back 4,400,000 shares so far at the same .90 and gave
$WLGS back
$3,960.000 cash.
$WLGS still holds 9,650,000 shares of
$TROO at .90 worth
$8,685,000 and by the looks of it,
$TROO will pay them back and buy the rest of them back at some point from this activity, seems logical.
So they break even ok , but that
$8,685,000 added to WLGSF valuation is showing everyone it is worth A LOT more than a market cap of currently about .004 a share
174m shares x .004 =
$696,000 current market cap.
Just that
$8.6 million value of their
$TROO stock is a market cap price of .05 a share . Not even including other cash and revenues and property business.
$8,685,000 cash divided by 174mil shares = .0499 a share
Just my take, my thoughts, here is the
$TROO $WLGS filing that shows this activity.
