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25/01/19
11:27
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Originally posted by vcr999:
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A correction in my last post should read the deal with Cronemet will NOT go ahead after they do their due diligence on our managements history of failed promises and missed targets.After the Cap Raising the share price always goes back to the discounted price.Management had this $15,ooo,000 secured loan from Mitsubishi on every quarterly for years until I questioned it.It suddenly vanished with no explanation. Read the old quarterly statements if you want facts. Management will milk all these potential deals as long as possible,Cap raising is their only form of cash flow as they never produce anything but potential dreams. CHEERS
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There is only one failed deal under Russel that I know off and it was not (SEI) management or Russel's fault that was the most recent. You mentioned many failed deals, could you back them up and show us proof of it, VCR999.