Contemtible Treatment of Shareholders II

Abercrombie has shown his true colours today.

He has not got the guts to back his own company with $25.1m which is supposedly chicken feed to him.

Instead he presides over a management mob that cannot do simple due diligence on potential fraudsters, has a hopeless risk management process (and I bet a shoot the messenger culture) and delayed until the last possible moment fessing up to the advertising screens financing debacle.

Every manager responsible for risk management at FXL should be ashamed to go to work today.

And to top it off they announce a new investor offered shares @ $1.25 without the same offer to0 all FXL investors. Many would say to me that us retail investors would not contribute extra equity, but for goodness sakes we should be given the chance after all we own about 70% of the company versus 30% for Abercrombie.

Remember folks the SP was $2.34 just last August. In the $3-$4 dollar range just a few years ago.

Champion wealth destroyers.

Rebecca James has failed her first test. See slide #20 - talked to every stakeholder except the owners!!! Shareholders

Not happy Andrew!!