Rest assured you are not alone in having a gutful of management. I believe even newregime has had a gutful of management too. This is why he no longer posts. He knows..........we all know a miracle is required now.
Lind reappearing on the scene is a mystery. We all know that Lind funding dilutes shareholders. Lind will keep the company solvent for as long as they can make money. Directors do not lose in this arrangement....... shareholders do.
I think that Lind might be expecting a share consolidation sooner rather than later. If so Lind can make their money. Directors get paid. Everybodies happy except the expendables............ aka shareholders. In my opinion this is the only thing that adds up with the limited information we currently have.
I do not know much it is only my opinion but what I do know absolutely is that Lind getting involved again with funding believe they can make some consistent money from this latest engagement.
We all know that OBL shareholders are very experienced in the effects of dilution and with Lind on board and a share consolidation looking possible I think I can say.........we ain't seen nothing yet.
By the way.............do you think management will use a whiteboard and a black texta at the AGM. I still have nightmares about whiteboards from a previous investment not OBL that didn't quite make it.
OBL Price at posting:
0.2¢ Sentiment: None Disclosure: Held
