This company has been the tool (or play thing for a number of parties)-and the participants are very extensive-who have performed a very well orchestrated heist which has been covertly disguised behind the vale of an ASX public listed company.
In one word...criminal negligence. The parties at the helm of this ship are no different to a bag snatcher, burglar, standover man or even a junky sneaking through your window to pinch your tv for their next hit. GGP are no different to the above mentioned criminals, however they had a string of accomplices...including regulatory watchdogs that sit on their backsides and passively watch as they observe the junky breaking into your home.
One thing more than anything else that stands out as the biggest unexplained outrage is GGPs announcement that #1 is producing 350+ boe in 24hrs and that #2 was even better...This company built its entire fraudulent future of penny pinching based on this unsubstantiated claim (and still have never proven these numbers) to create a false "belief" that has harmed, destroyed and disabled innocent people who may never recover from such dishonesty and emotional abuse.
I met these directors face to face at a GM in Melbourne and sold out after witnessing the behaviour of the directors who were firstly threatening violence to SHs and the dithering ignorance of SG who I knew was in way deeper than he could have ever imagined. I have been around long enough to pick em...but SG was not the mastermind, just a weak muppet without a backbone.
GGP Price at posting:
2.5¢ Sentiment: None Disclosure: Not Held