1. biz operation so so: sold australian op for peanut to original founder,,,also selling majority stake in china branch (outsiders in china without govt connection don't do well). note: the china branch is original biz, not bitcoin related, so duhh, who cares. american operation reported doing "OK",,,look at the numbers, really nothing to write home about,,,it is like a state level contractor.
2. bitcoin connection. so 2 kids out of johns hopkins wrote a software program linking at 5 trading exchanges onto one screen. beta tested in online forum since this year (you can google about it), finally got bought out by wpcs recently. is it a so called scam? does not look like it. is there a clear cut biz plan? does not look like it. is there ANYTHING revealed by wpcs management on how to profit from it? does not look like it. so essentially it provides a convenience for some traders who plan to arbitrage among the different platforms. utility level high? there is no evidence to suggest so so far. beta testing reportedly increased 600%. what does that mean? from 10 to 60? why not provide real numbers? from reading the online forums,,,traders' response is lukewarm at best and most treat it like a novelty, certainly not essential. most traders function at open source,,,btx is based on windows. duhh.
conclusion: have no comment on wpcs as a stock on whether folks will buy into this link to bitcoin. without btx, certainly nothing to write home about. with it, some might bite due to herd mentality. good luck. another bubble vs another hot stock. can it survive and evolve and avoid knives in the back as a harbinger? watch and learn.
China, I have a degree in programming and there is a ton of money to be made when a charge will be incurred to make the trade. it will be analogous to TD or Scott or any other trading platform house. Add to that Java slots for advertisements, a quick link to the Macaun in China and you have yourself a stock that YOU WISHED YOU BOUGHT NOW, instead of dreamweaving some 5 mile arm up the FDA's rectum. Not happening, read this again in July when MACK is at 2 and WPCS is around 50. Seriously.
This individual has a right to his opinion. There is nothing he has said that should cause anyone to be emotional. I think we can agree, all of us are in to win?.. Lets collaborate instead of insulting. The insults dont create profit. Thats one thing I think we can all agree on? My take? I hope everyone flourishes whatever position they hold. BTW, I dont agree with everything said, but thats ok.
Sentiment: Strong Buy