MEM 0.00% 0.5¢ memphasys limited.

give us your money and shut up

  1. 867 Posts.
    "Give us your money and shut up" should be the byline for NuSep.

    What we have in this company is a bunch of mug little investors (myself included) who are being treated like mushrooms (kept in the dark and fed on bullsh**). A few are believing the fertiliser hook line and sinker. Many are starting to question the substance of the fertiliser. Those who ask questions are told they are the enemy. (just read some of the posts here)

    And not a single "smart" professional investor in sight, after years of promises that they'll be here any day now.

    And all the while we're made more promises of the "next big thing". Gels, Spermsep, BioInquire and now PRIME. Inevitably, something outside of management get's in the way, the most recent excuse being the "rebel" shareholders. I still fail to see how any shareholders voices could cause such destruction?

    Isn't it about time that the management of this company stood up and accepted responsibility or gave reasonable explanations?

    I totally believe in the technology, or I would have never bought in, but clearly, we need to ask "are these guys the ones to deliver us value?"

    When a couple of shareholders stood up and tried to change things all they got was vitriol from the chairman and a questionable deal (Gohgate) to stack the voting against ALL SHAREHOLDERS. At that time, the price was 70% higher than today.

    For the board, who haven't bought a single share on market in over 1 year and true "believers", I wish you'd stump up your money and get the price over 10c again, preferably over 20c. Then I've got a chance of getting my money back.
 
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