What a disgrace almost half a billion shares issued to raise...

What a disgrace almost half a billion shares issued to raise less than 1m the downward spiral of investors equity continues at a rapid rate on this one, becoming a HC text book example of everything that's bad with investing in penny stocks.

750k no where near enough of course at their usual loss rates, expecting more CR announcements. Highly expect they will have to perform a very high consolidation from here which will all but completely destroy what ever equity existing investors have left, because no doubt after a consolidation CR will promptly follow.

Just disgraceful, shows SL has even less understanding of the markets as he does on how to copy a company like NFLX.


"News that the likes of News Corp/Foxtel/ Seven have funded Quickflix would be a total game changer for the SP."

Desperate wishful thinking once again.  


Kat.