As with most other solar companies, it may be an investment in 10 years or so but for now, it's DEAD MONEY. It WEST will probably be going bankrupt before too long. I would wait and see if you can get a bounce off of .03 until then I wouldn't touch it.
So what I've just read, between the series D and C shares can be converted to common ,that's dilution of about 40,000,000 more shares getting dumped on the market. is this right ? that would make share price about $ .0005
Actually most of the preferred now are readily convertible and their price have been adjusted to 4 cents a share during last series of draw downs. Remember most of it done under poor transparency and most interestingly most of the contact info on their website at best is misleading, since Garry Mull left and they let Genesis go. So there is nobody even to call to ask questions. If 21 million float was correct then who the hell was dumping so many shares? All these are the result of latest dilution by Randazzo. But Randazzo has 100 million authorized and that is how long she has to go. I just can't wait to short them, can't wait. Just my two cents.