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nusep in holding pattern, page-4

  1. 867 Posts.
    Jukes,

    I think you have delusions of grandeur if you believe that HC influences anyone.

    If it did, then;

    1) The management would have responded to the questions raised here.

    2) ASIC would have investigated - if they had and there was no wrongdoing, then the management would have crowed about it, like the cocks that they are.

    There's probably about 6-10 people who read this....ok, maybe 8-10 if you include the board.

    Do you really think any serious investors (serious money - SM) read what we say here? And if they did, they might look at NuSep and dig deeper than just what we say here. If you are right, and SM do read what is on HC, they must have found some serious poison in the company. If SM read HC and stop, then all the more reason for the board to simply explain it, if they can. Either way, you are right, it is a failure by the board for not recognising that what is posted in HC matters, at least to a few shareholders who may be representative of everyone. Please consider the allegations of the auditors, whose reputation is at stake. There's a smell which simply needs to be explained...if it can be. Blaming the dog is not good enough.

    I am sure all readers here know there are funds out there who look to scoop up $10m companies that can become $100m or $1b companies. I'm guessing they've looked (haven't the directors been spruiking the company looking for a bigger fatter payout than they are getting from us??) and passed when they dig a little deeper.

    The directors have certainly been out there looking for money. Why has not a single investor stepped up, since 2007, with a lousy $10m which would get us rocking and rolling? So is it is reasonable to ask if our board and management are failures at business and failures at raising sufficient funds, other than enough funds to pay their own salaries and bonuses?

    But I guess they get an 'A' Grade when it comes to extracing money from small shareholders like you and me.

    Jukes, I understand you're a true believer...I was too. BUT it has taken me a long time and a lot of wasted money supporting these guys. It's all amounted to nothing. And when a couple of shareholders stepped up and tried to make positive steps toward transparency, they were witch hunted out of the picture, to the detriment of ALL SHAREHOLDERS. Here in lies the issue. These SHAREHOLDERS tried to advance the company, while the incumbents took salaries and BONUSES when the company was in a shameful financial position.

    Let's just have a simple answer to the questions.
 
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