Originally posted by Sdaji
I think it's fair to say that shareholders aren't going to be digging deep at this point. It really is difficult to imagine anyone in any legitimate circumstances throwing money their way at this point. I mean, I've been saying for literally about 7 years now (wow, time flies! :O ) that this is a company I would only invest my worst enemy's money in, but they've proven year after year that for many people/organisations, having millions of dollars to throw around doesn't mean you're capable of doing your research. At this point though, I really just find it difficult to fathom anyone being willing to send any appreciable amount of money their way without enough red flags and warning sirens stopping them in their tracks.
This company has for many years shown how basic research and critical thinking can easily save you, and how many people from mum and dad small time investors right through to the big guys often just don't bother.
I still just can't get past the fact that for many years they claimed to have literally billions of dollars worth of secret technology in an unguarded shipping container in a vacant block next to a public car park which they weren't bothering to do anything with, and people still believed in them. Even when I pointed this out to holders, most of them angrily defended them and attacked me. I. just. can't. find. appropriate. words. Or, hey, maybe I'm crazy and they'll go into administration with that technology sitting there unutilised and that's perfectly acceptable. Maybe this makes sense and I just don't understand the way the world works.
As much as I have commented that we will see VA shortly you need to keep in mind the history of this company.
I don't get it but they have somehow managed to raise funds repeatedly over the years.
Remember that they even struggled to list in the first place, they extended the listing date repeatedly but eventually got there in the end after having issued a mind boggling
SEVEN supplementary prospectuses (is that the correct plural of prospectus?)!
