Nice Article on WG - Very well put together!, page-6

This is from the CTR threads posted by bmloho

But looking at the posts and seeing the Flegg/OKAP connection I think it is timely to repost it here.

"Those that have been involved in any of the associated stocks will recognize the "Pass the parcel, c-note, placements, debt instrument, asset" method of funding.

The same people keep bobbing up everywhere.

Here is the formula:

They announce the acquisition of a major asset or package of marginal assets from a well masked associate. The asset/s are valued a some unbelievable figures, and they have got it at a really good price (honest).

They buy a company that owns the asset, not the asset directly otherwise vendor restrictions would have to apply to the issue of shares.

They headline a big CR placement at a discount.

Massive facilitation fees and options.

Generate the forum hype with a few well placed bonus stock believers,

Dump the stock on market.

On and on it goes, 10 for 1 reconstruction, 100 for 1 reconstruction, raise money, dump stock, raise money, dump stock.

Get the drift.

They blame the GFC, Coal Price, Oil Price, Silver Price and the mother in-law.

The only problem they have a the moment is getting new money into the system, the market is dead, and enough people are starting to listen to people like kiwi67.

Cheers "

If only shareholders had seen that advice at CCC and NKP +CTR when the ramping started.

RB