To: <mantel@hotmail.com> Subject: ****URGENT STOCK ALERT**** Date: Thu, 4 Apr 2002 19:21:21 -0600 X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2600.0000 Message-ID: <CLIENT7F1IT18olkDTM000011d8@client7> X-OriginalArrivalTime: 05 Apr 2002 01:21:21.0134 (UTC) FILETIME=[319AF0E0:01C1DC40]
Dear Serious Investor,
Stock Watch Alert is putting all investors on HIGH ALERT as we have an
explosive situation on hand with the stock NasdaqBB: WLSY.
WLSY Facts:
Completing a Reverse Merger with 2kSounds Inc. for Restricted Stock
20 to 1 Forward Split coming
$5,000,000 Financing with Restricted Stock
WLSY Share Structure:
Symbol: WLSY
Shares Outstanding: 20,500,000 (18,500,000 Restricted)
Est. Float: 2,000,000
Recent Price: $2.50
Target: Look at other short squeeze situations below!!!
We have been following this situation for quite some time and have information to lead us to believe there is a short position of over 1.5 million shares on WLSY and growing everyday. What this means for investors is a possible “Short Squeeze” opportunity.
These 1.5 million plus shares that are sold short have to be bought back!!!
We believe that WLSY existing common stock continues to be subject to abnormally high short selling by speculators, who may also be engaging in a practice commonly known as a "naked short" sale, which means that certain brokers may have permitted their short selling customers to sell shares they do not own and may have failed to borrow shares for delivery to the purchaser of the shares. Consequently, there may be a substantial number of purchasers who believe they are stockholders of the Company but who, in fact, would not be stockholders since their brokers may never have received any shares of WLSY for their account.
Rumor of a “Short Squeeze” is one of the most powerful rumors that ever hits Wall Street. When you have the opportunity to get in on one of these- YOU TAKE IT as it could make you profits you only dream of!!
INVN was rumored to have a huge short position in the 5 dollar level, the company has recently ran to over $45 a share!!! That is a possible gain of over 700%
It was rumored that CDDD had a short squeeze back in February ‘99 when the stock ran from less than five dollars to over $60.00!!! You could have made over 1000%
TIDE was rumored to have a huge short position it ran from under $.25 to over $1.75!!! You could have made over 600%
JNOT was rumored to have a huge short position in their stock very recently and the stock ran from less than $.10 to over $1.30!!! That is a possible gain of over 1000%
KKD was rumored to have a “Short Squeeze” when it was trading at around $15 the stock ran to over $45 a share!!! You could have made over 200%
The Company WLSY is merging with:
2KSounds locates and promotes new musical talent, and produces and
distributes their music through a variety of methods, including joint
ventures with major labels, sub-labeling and partnerships on albums by
existing artists. Most significant, 2KSounds has entered into a direct
distribution agreement with EMD, a division of EMI, one of the five major
world-wide music companies, under which EMD will distribute all of
2KSounds music offerings.
This is absolutely a situation that needs immediate attention. WLSY is merging with a real company and the real deal. A private investor putting up $5 million dollars of his own money is huge and rarely does such investment occur for a stock trading on the NasdaqBB. Get ready for a huge ride in the northern direction, as this could be the biggest gainer in the whole stock market this year!!!
We will be initiating FULL BLOWN COVERAGE on WLSY later this month!!!
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Verify all claims and do your own due diligence. Stockwatch Alert profiles
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