Westsphere Asset Corp Inc. (WSHE) news stock charts
Westsphere Asset Corp Inc. (WSHE/WSHE.OB) Investment Summary:
Westsphere Asset Corporation, Inc., through its subsidiaries, operates in the nonconventional banking industry in Canada. It sells and operates cash vending and point of sale machines. As of December 31, 2007, the company held 920 automated teller machine sites primarily in the provinces of British Columbia and Alberta, Saskatchewan, Ontario, and Maritimes in Canada. It also provides monitoring, reporting, and distribution of financial surcharge transaction revenues. In addition, Westsphere Asset Corporation offers hosting of Web sites, leasing of server space, and network services; and provides cash advance loan agreements under the brand name ‘CashDirect Advance’, cheque cashing services, ...WESTSPHERE ASSET CORP INC (WSHE:OTC Bulletin Board Market)
Snapshot of WESTSPHERE ASSET CORP INC (WSHE)
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OPEN
$0.09
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PREVIOUS CLOSE
$0.09
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DAY HIGH
$0.09
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DAY LOW
$0.09
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52 WEEK HIGH
12/30/09 - $0.18
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52 WEEK LOW
07/14/09 - $0.03
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MARKET CAP
50.3K
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AVERAGE VOLUME 10 D
0.0
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EPS TTM
$-1.16
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SHARES OUTSTANDING
591.7K
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WSHE Does Not Pay Dividends
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P/E TTM
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| K = Thousands M = Millions B = Billions | ||
Key developments for WESTSPHERE ASSET CORP INC (WSHE)
Westsphere Asset Corp. Inc., Special/Extraordinary Shareholders Meeting, Dec 12, 2009, at 11:00 US Mountain Time. Location: #12, 3620 - 29 th Street N.E., Calgary, Alberta, Canada.
Westsphere Asset Corporation, Inc. said in a SEC 10-Q/A filing, Management recognizes that the Company must generate additional resources to enable it to continue operations. Management intends to raise additional funds through debt financing and equity financing or through other means that it deems necessary, with a view to moving forward and sustaining a prolonged growth in its strategy phases. However, no assurance can be given that the Company will be successful in raising additional capital. In order to meet its growth plan, Westsphere will continue to be dependent on equity funds raised, joint venture arrangements and/or loan proceeds. Westsphere believes that it will continue as a going concern with the present revenues from its subsidiary Westsphere Systems Inc. and loan advanced by the related parties but it would be unable to meet its market growth projections without further funding outside of the ongoing revenue from operations of Westsphere Systems Inc.
Westsphere Asset Corp. Inc. announced that at the a special meeting of the shareholders on the 25th day of July 2009, the shareholders accepted the resignation of Company President and CEO, Doug Mac Donald to take effect on or about August 1, 2009. The shareholders approved the appointment of Murray W. Schultz to the position of President and CEO to take effect on or about August 1, 2009. The Shareholders accepted the resignation of the current Board of Directors of the company to take place on or before September 1, 2009 The Shareholders elected four (4) members to the Board of Directors including; Murray W. Schultz, Randy Cheveldave, Carlo Rossetti and Nageb Ammache.
Westsphere Asset Corp Inc. financial resources
WSHE Competitors
| Company | Last | Change |
| DirectCash Income Fund | C$15.95 CAD | +0.19 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | WSHE | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.0x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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WSHE |
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WSHE transactions
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Target |
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Private Placement
February 19, 2010 |
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More Recent Financial News About Westsphere Asset Corp Inc.
WESTSPHERE ASSET CORPORATION, INC Files SEC form 10-Q, Quarterly Report
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WESTSPHERE ASSET CORPORATION, INC Files SEC form 10-Q, Quarterly Report
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WESTSPHERE ASSET CORPORATION, INC Files SEC form 10-Q, Quarterly Report
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WESTSPHERE ASSET CORPORATION, INC Files SEC form 10-K, Annual Report
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WESTSPHERE ASSET CORPORATION, INC Files SEC form 10-Q, Quarterly Report
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WESTSPHERE ASSET CORPORATION, INC Files SEC form 10-Q, Quarterly Report
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WESTSPHERE ASSET CORPORATION, INC Files SEC form 10-Q/A, Quarterly Report
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