People are negative on this stock because most of us have been burnt, and don't trust their disclosure, their alleged patents, and their reasoning behind the capital raising, which in my opinion should never had happened if they had cash at bank. What happened to UKI, that was a total farse, and trustdefender has generated nothing at the moment. It is a little suspicious when we keep seeing HC members making their first posts on this company.
The point is, many members like ousia and others have done their homework on this company and it stinks real bad. They have claimed that they are attempting to improve their investor relations, but I have yet to see the evidence for any improvement. Their best market updates have purely been in response to Fairfax articles. I just hope these posters aren't actually employee of NBS, and merely generating smoke and mirrors here and even in Cambodia.
I spoke to institutions back in the ETC days and they said the technology was good, but the reality is I think most people will watch this from afar and wait for a genuine display of competence and professionalism from the NBS board. Until then good luck to other holders and DYOR
NBS Price at posting:
10.6¢ Sentiment: None Disclosure: Not Held