skase vs bond vs tinkler vs manusu, page-9

BT,

I have (and still do) hoped to become richer from NuSep and from the previous companies controlled by this mob. They have always promised with a carrot a year or 2 away.

Membranes (yes that was from the 1990s)
Gels
Spermsep
NXGen
BioInquire
and now PRIME, which is using the membrane technology from Gradipore of 10+ years ago, as I understand it.

It's taken me a long time and I still hope to make some money, but I can't see this mob, with criminal accusations still outstanding, being able to get us into a business where shareholders benefit. We've now got the Prime spin off nearly 6 months behind and their salaries still keep getting paid. Even their staunchest ally/lap dog, has been let down with promised announcements still not delivered, nearly a month after the date promised.

I am not buying, I just can't with all of this mess still covered up and the company bleeding more than a cut to the aorta.

We were told at the 2012 AGM, the 2011 AGM and the 2010 AGM that the business was turning cash flow positive and yet between the November AGMs and the December half year, whack, the positive cashflow turned negative. Now were the directors lying to us? Were the directors merely incompetent? Either which way, shareholders get screwed.

I accept the "look at the bright side" philosophy, and I want to as well, but the facts are too skewed in the negative direction as is the price (yes on limited volume). Those armed with facts, unfortunately, are seeing NuSep for what it is. The only positive, as I see it, is the IP. And I don't think any readers here see it otherwise. Unfortunately, this single positive (the IP) is being wasted by the people in charge, meanwhile they demand money from shareholders to get the business up and running (Spermsep has been funded 5 or 6 times over the years) and the money has merely gone into a few pockets as salaries and bonuses.

BT, I suggest, if you wish to make money from NuSep, your best bet is to get on the board. They seem to be the only ones making money here. And reliably, over the last 20 years.