$3m Mkt Cap Clean Water stock breaking out, page-40

The company is an empty shell with 50% stake in a small waste water treatment business which has nothing special in the market.

Where did I ever say they had billions of shares on issue? I can't recall when they did a consolidation but La Jolle wiped out existing investors equity with their empty shell convertible notes game as they always do.

Profit? Where on earth do you see profit in the last quarterly? You do realise in accounting ( ) means loss. Please don't tell me you just looked at gross revenue.

Net LOSS was 200k they are set to burn 1m plus this financial year and have just over 1m in the bank last quarterly and that includes a Term Deposit of 1m which at a guess I'd say could be being used as security against the 250k loan facility. Actual cash on hand is a little over 100k and you think this is a no brainer and going to be a ASX multi bagger?

Any guess on when the next attempted CR will be?

Company is a dog stock always has been, only thing it's served to do (and continue to do so) is pay management salaries borrowed from investors equity with never paying a dime back.


Kat.