Thread: WPT
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Old 08-21-2005, 08:38 AM
Sniper Sniper is offline
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Join Date: Jun 2005
Posts: 704
Default Re: WPT

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WPTE is on the PINK SHEETS? WTF happened to them??

How are they not making any money? It is because the PPT had no buyers? Is their online poker room failing?

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WPTE is not on the Pink Sheets. Its Parent company Lakes Ent (LACOE) was delisted by the nasdaq, for failing to properly file financial statements (primarily because of SEC concerns regarding their accounting for certain earnings).

You can review WPTE financial statements (which by the way are also delayed) on edgar. As I stated in a previous post, their expenses are growing faster than their revenue.
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