BYTE POWER GROUP LIMITED (ASX:BPG) - Ann: Appendix 4C - monthly, page-19 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by TheGekko ↑

Ha, never been a cheer squad member, just one of many who wont continually condemn a company's management on a website because that achieves SFA. If I am unhappy with the performance of a company I invest in, I put my concerns directly to the CEO or Chairman of the Board either in person, email or phone. There lies one difference.

Here's another. If we are all honest with ourselves, just about everyone invested in BPG was caught up with the late 2017 cryptocurrency fever that took the world by storm. BPG offered a cheap, ground level entry point with a potential competitive advantage of being the only company listed on the ASX with a cryptocurrency exchange. However, having been a share investor for decades, I can differentiate a penny dreadful from a blue chip and know that the former is high risk where you can lose a lot of your hard-earned, or lose the lot. I have invested a moderately large amount of money in BPG, not as much as some, but more than many others, BUT I take full responsibility for my decision. I alone made that decision. Ranting on Hot Copper is not going to change the outcome of my investment.

I have said from the outset that BPG management could be doing things a lot better, but have recognised the challenge in front of them in establishing a cryptocurrency exchange. If you have had anything to do with Government Regulators, am I am currently doing some work for one, then you would know that with the emergence of a 'disruptive' tool like cryptocurrency, they were always going to establish a rigorous regulatory regime and watch this sector like a hawke - for many valid reasons. BPG has had a lot of work to do in that area to satisfy the authorities.

I remain glass half-full and there is nothing wrong with that.

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Is this the same Gekko? There has to be two??

Points taken. I still feel it wouldn’t be hard to give us an idea of their foresight. I’d rather hear an estimate of 12 months from now, than have absolutely no idea.