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View Full Version : Keep WWAT on your watchlist...


Prodigy
12-21-2005, 09:43 AM
just signed 1.1million contract, estimating solid revenue for '06, should be an interesting day for this lil gem.

Cheers boys!

the_menace
12-21-2005, 10:55 AM
Sounds like you like these penny stocks a lot lol.

WWAT.OB

Prodigy
12-21-2005, 12:04 PM
Definitely...

Big risk, but big reward ;)

You just gotta be extra careful with pennies...

Cheers!

englishman26
12-21-2005, 01:16 PM
I've had this on my watch list for a while. Had an alert set for when it came back to 0.25. Maybe it won't.

Water shortages and the sale of clean water will be a big thing in the future. But we're talking long long term! Having said that, this stock will be an exiting trade for a few years before it hopefully becomes a solid company.

TripleBuy
12-21-2005, 01:33 PM
From the company's latest 10-Q, filed Nov 21-05:

"The Company's working capital deficit and stockholders' deficiency raises substantial doubt about the Company's ability to continue as a going-concern."

Link to the 10-Q:

http://biz.yahoo.com/e/051121/wwat.ob10qsb.html

This company has been on a steady track downward and will probably fold its tent soon. Don't waste your time and money on it.

forumposters
11-15-2006, 12:42 AM
WWAT just reported it's best quarter in the company's history after hours today. I imagine it will trade well tomorrow.

aiki14
11-15-2006, 07:42 AM
WWAT just reported it's best quarter in the company's history after hours today. I imagine it will trade well tomorrow.

Still showing a net loss, but a remarkable turnaround for the YoY. As much as I a reticent to tout a company from Prod's stable (even if it's a year ago) I think you might get some value here short and long term. Here's the press release.

Achieves Record Revenue for the Quarter of $6.5 million
Record Gross Margins of 22%
PENNINGTON, N.J.--(BUSINESS WIRE)--November 14, 2006--
WorldWater & Power Corp. (OTCBB:WWAT.OB), developer and marketer of
proprietary high-horsepower solar systems, today announced results for the
third quarter ended September 30, 2006. Revenue for the third quarter was $6.5
million with gross margins of 22%. The company had given preliminary guidance
of revenue in the range of $5.8 - $6.1 million for the quarter.

"We are very pleased to announce, as expected, our best quarter in the
Company's history," said Quentin T. Kelly, Chairman of WorldWater & Power
Corp. "We are on course for continued improvement during the fourth quarter
and project significantly stronger growth in 2007."

Financial Results:

Revenue for the third quarter was $6.5 million, compared with $0.6 million
reported in the third quarter of 2005. Gross profit for the quarter was $1.5
million or 22.2% gross margin, versus a loss of $0.2 million in the prior-year
period. The company posted an operating loss of $0.4 million compared with an
operating loss of $1.4 million in the third quarter of 2005. Net loss for the
third quarter was $0.8 million, or $(0.01) per share, compared to a loss of
$4.8 million, or $(0.05) per share, in the prior-year period.

For the first nine months of fiscal 2006, WorldWater reported revenue of
$10.3 million, versus $0.8 million in the same period last year. Gross profit
was $1.9 million for the first three quarters of 2006, as compared with a loss
of $(0.2) million in 2005. Net loss for the period was $6.3 million, or
$(0.05) per share, versus a net loss of $7.5 million, or $(0.08 ) per share, in
the same period last year.

About WorldWater & Power Corp:

WorldWater & Power Corporation is a full-service, international solar
electric engineering and water management company with unique, high-powered
and patented solar technology that provides solutions to a broad spectrum of
the world's electricity and water supply problems. For more information about
WorldWater & Power Corp., visit the website at www.worldwater.com.

ub3rn00ber
11-15-2006, 08:59 AM
Ive got a limit in... Hopefully it fills.

ub3rn00ber
11-15-2006, 10:40 AM
If it dosnt start going up in the next few hours, its not going to go up, huh?