BPG 0.00% 0.9¢ byte power group limited

Ann: Notice of Annual General Meeting/proxy form, page-13

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  1. 532 Posts.
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    To be honest,  there really is no point in discussions in this thread as whatever resolutions are proposed will get passed whether we like it or not.

    Look at the top 20...

    20181101_214918.jpg

    1 = Alvin Phua
    2 = Raphael Than
    4 = Alvin & Ethal's son (in law - I believe)
    11 = Ethal & Son In law SMSF account.
    12 = Alvin's side business/company
    15 = Yano & Susanty SMSF
    17 = Yano's side business / company

    That's; 1,105,016,150
    Just held by the company directors + Family that I know about.  I'm sure some of the other names on that list are friends etc.

    The AGM is just a complete farce, why bother holding it (except complying with ASX requirements).  We have no voice, the directors show shareholders absolute contempt... let's be honest.

    "Australia' s First ASX Listex crypto exchange"… yet we've heard nothing since... actually I can't remember,  or be bothered to go and check.

    If BPG ever return to trading, and should there be any buyers, then it'll be a race amongst us lot and management to sell... and they will have the upper hand knowing when they can remove suspension.

    @ContrarianTiger , I sincerely appreciate your comments and view, I too thought along those lines that its good that management have a vested interest in the success of their company, a while back... but I now believe its probably more like a way to beef up their financial position... on paper only.

    Phua with 600m shares × 0.009c shows the bank/ Taxman  whomever required, that he has $5,4m to his name.  That IMO is what is keeping himself from being declared bankrupt.

    All IMO, DYOR etc.
    MSN
    Last edited by msn81: 01/11/18
 
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