It's more hyped than anything for this company. I just don't see how they'll succeed on a large scale at this moment. Each exchange has its idiosyncrasy (MtGox can't withdraw fiat, good luck with BTCChina with all these deposit issue plus China's currency control), they'll constantly be out of reserve or have their money trapped. Other than regulatory challenge, another issue bitcoin exchange faces is security, DDOS / hacking, by doing what they are trying to do, the risk of getting hacked increases dramatically as they ought to have funds / BTC at the exchanges, and any of one of their linked exchanges getting hacked will open them up to huge losses.
I totally agree with this. How will they be able to trade across platforms? There's a reason it's $780 on Gox and $715 on Bitstamp right now, its really hard (not impossible!) to do. If they somehow accomplish this it ends most easy arbitrage.
Oh, and WPCS has a net profit margin of -18% and basically has never made a dime. They did a 1:7 reverse split earlier this year in May. Never, ever, a good sign when investing in a stock.