Ann: Chapmans successfully raises $830,000, page-7

Another half a billion shares to be issued at 0.00166.

This is about enough for me, last few years I've been through MULTIPLE raises , right-offs, a consolidation and just a general disregard for shareholders by these crew, but I'm lining up to get out of this cluster.

The reality is that even these HALF A BILLION shares wont pay their annual salary - incredible.

Surely even "sophisticated investor" capital has to dry up someday?? Who is jumping in on these raises..

Don't get me wrong, I wrote these off a year or so back but it's a new low for the CHP management crew. I'm not bitter about probably one of the worst investments I have made (top 5 anyway) as you really only hurt yourself by thinking negatively about these types of mistakes.

Lucky I have profits in others to offset these losses, but some may not be as lucky, and to you I say keep your chin up, be positive and learn from mistakes like CHP . Your initial thinking was correct, there was the possibility of good profits here if management had of delivered on any of their investments, but let the quality of management even for penny dreadful's be high on your research list before entering, and beware of companies that seem to just try and invest in the latest trends - they rarely succeed.

Good luck to all,

Disco.