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re: Ann: Critical Milestone with Installation... RB,I will agree...

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  1. 867 Posts.
    re: Ann: Critical Milestone with Installation... RB,

    I will agree that things do LOOK LIKE they are moving forward. BUT having been a shareholder for a LONG LONG time, they have always looked like they are moving forward, or at least that's what we've been told.

    RB, I suggest you look back at the company announcements, available at http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=NSP

    You might be suprised by the sense of deja vu that the long termers like myself feel when there's a new announcement and a very "back to the future" feel to it. Tell me, does John Manusu drive a DeLorean?

    For anyone interested, look for announcements on the following;

    Prime Biologics/SingaPharm
    Spermsep
    Minomic
    NxGen
    BioInquire

    And there's more.

    Also look for the AGM's where it was announced "we're debt free" and where we're just about to take off and where we have "cornerstone investors" or similar.

    Also look at the Director Buying over the years and the proximity to asking us for more money (thanks www.NusepBoardReform.info for pointing me in the right direction on that). Note the lack of buying by directors (last one on 02/09/2011 at 11c) for the last year and note the general directionality and lacklustre volume (excluding the rebels exit).

    RB, I note your enthusiasm, I used to be as enthusiastic as well, but it's all the same story to me. Promises, non-delivery, new promises, hand out for cash, another promise, a blame to someone else for the failures, a new direction, a new promise, more time needed, increased salaries, more promises, more losses, new accounting tricks, more money paid by shareholders and another extension on timeline.
 
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