XPD 0.00% 1.3¢ xpd soccer gear group limited

Ann: Market Update, page-4

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  1. 36 Posts.
    Are you being paid by the company to write all the positive stuff that you write in the face of what is happening. The stock is in suspense because the major shareholders have been selling large amounts of shares and not disclosing it to the market. The last chairman was in the job for only a few months and then promptly resigned when he worked out that he would be caught up in the ASX and probable ASIC investigations. Now the company doesn't have the requisite number of Australian directors. Throughout all of this there have been no operational updates. None!!! As a shareholder you and don't know how the company is performing because we don't have any details. If the MD, as you suggest, "cared" then the MD would give regular operational updates - the MD would not be party to large sales of shares by a blood relative and co director, the MD would pay a dividend to shareholders with the cash that is supposedly held in a bank account somewhere in China.
 
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Currently unlisted public company.

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