"The directors of Imagine Un Limited wish to advise that "...they they totally screwed up.
The original announcement of the London sale stated they would not get a cent without some new IT system, which is currently vaporware. Why they ever included the full sale revenue in last years accounts is beyond me.
I wonder if they can direct traffic?... they obviously have trouble directing the company.
See today's announcement: The directors of Imagine Un Limited wish to advise that the preliminary net profit after tax and minority interests for the year ended 30 June 2007 of $3.262 million that was announced on 4 September 2007, has been revised. The revised result is a loss of after tax and minority interests for the year ended 30 June 2007 of $3.164 million.
IUL Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held