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I find the nature of recent posts very intriguing. It would seem...

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  1. 41 Posts.
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    I find the nature of recent posts very intriguing. It would seem clear that people of some knowledge have chosen to involve themselves in HC posts - and further expose the failings of Rathie. I am one wondering where this might go in the next month or 2 as it now seems clearly destined for the scrap heap, not even the recycle bin.

    Rathie's overriding ethos seems to be very singular - rob from the shareholders and pay the Board as long as the trough has some cash in it. Who can possibly oversee spending $60+ million with no material benefits to the business? Rathie. Who can preside over a business with vast global potential and run it into the mud with no remorse? Rathie. Who could lead such potential to such disaster? Rathie. Who could consciously lead a business to so many years of consecutive losses (8 years now I think) and never make a profit? Rathie. And who could be the steward who oversees a share price freefall to today's 0.5c a share - and now nearly 800 million shares on the market - with no chance of ever getting shareholders a dividend in this lifetime, or the next? Rathie.

    At one stage, the proverbial drover's dog could have led this to a global Aussie success story. But instead, we watch it tremble in the winter mud, just waiting for someone to strike the killer blow. They've sacked anyone and everyone who could have made a positive difference, they've employed people with no industry or market knowledge, they've gone backwards with their technology, they've been overtaken by all of their competitors. And, who's behind it all? Rathie.

    As Maslow is widely credited with saying, Rathie, his Board and his management team have always been and remain Consciously Incompetent!

    So, if the current mumblings are indicative of a death roll for this disaster, bring it on!
 
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