re: receivers appointed....no surprise here!! Wow..... Geez what a surprise this was (not!!).
If investors needed any signals that this was potentially going to happen, then they needn't look further than the blatant manipulation by Dykes and Co.
My personal view is that this insolvency appointment was well flagged to the market when Dykes was offloading all his shares to the market a few months ago.
If I was a shareholder, I will be making every attempt to notify every authority (i.e ASIC, ASX) to commence a thorough investigation into Dykes & Co's insider share trading activities leading up to the appointment of Receivers & Managers.
I'm sure I mentioned in a previous post that Dykes fitted the exact profile of a Director in which his Company will end up in the hands of an insolvency practitioner. Dykes exhibits all the hallmarks of being self-focused, manipulative and above all, untrustworthy.
That's my 2 cents worth. I hope that I was able to prevent other investors of purchasing ETC stock in the lead up to this announcement. See my post on 9 Sept 05. To others, my sincere sympathies to you
Cheers Freakme
-------------------------------------------------- re: no comments ???? Posted 09/09/05 14:08 - 58 reads Posted by freakme IP 203.55.xxx.xxx Post #712820 - in reply to msg. #711676 - splitview
New Sub Holder got a large chunk of his shares at 0.013c (post consol mind you!) in another placement. Obviously now be pumping them out for a tidy profit 10-20% profit. So what would this be - the hundreth placement they have done??? ETC had to consolidate all their bits of paper by 25 times so that they could continue to issue further worthless paper to unsuspecting investors.
Wake up and smell the coffee champ! I will continue to let everyone on this forum know about management's inadequate failures and the sucker ride they have taken to all investors. It is in the public forum for everyone to see. Dykes share trading activities in the past is an absolute disgrace. He almost matches YAM's snowman, Bryan Frost. Dykes comes in a close second. Wouldn't trust Dykes with a bar of soap (no pun intended).
So your ramping comments to suck in unsuspecting investors of a bull$hit stock is clearly unwarranted! You have providied no supporting fact(s) to back up any of your previous claims or ramps!
If you have no proper explanation for the severe loss in market cap and value of ETC shares of around 25 times, then I would suggest you shut up and stop your continual postings which some would think is designed to mislead forum members.
Cheers Freakme
ETC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held