The Rise and Fall, page-12

First 12 Last

Share
Profile

Follow
hanlo

160 Posts.

21/05/17

05:04

Post #: 24816366
Share

Originally posted by asb83 ↑

The biggest lie was those millions of dollars worth of contracts that never saw the light of day. They even went so far as to say there would be a cash lag of 6 months due to installation and recognition of revenue. Nowhere was there mention of a trial period or that these contracts rely on a successful trial.

Further still, when all these trials fell through, there should have been continuous disclosure reflecting this as the market can only assume from what it has been told that revenue from these contracts were a formality in future periods unless notified otherwise.

Now she wipes her hands clean by saying she didn't "force" anyone to by shares. No, she didn't, but she misled people into buying shares on false premises and failure to update the market with material information that would be expected to affect the share price.

Merchants definitely got hoodwinked. Late last year in one of their client newsletters they said the 1PG business model had merit. Now they say the company should never have listed and are trying to make amends for a dud investment. They are looking at investing the remaining money in tech. I think people will be very wary about investing in this stock once it comes out of its trading halt.

Joanna definitely faked it and couldn't make it.

Expand

Incredible...How about those conference calls we listened into at the time.. i can now imagine the thumbs up and the nodding of the head from her accross the table as her employees fed us all that garbage... what an amazing story....
I would still like to hear from Beachy as he knew more than we thought....

Last edited by hanlo: 21/05/17

1PG Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

There are more pages in this discussion • 11 more messages in this thread...

First 12 Last

Add 1PG (ASX) to my watchlist

The Rise and Fall, page-12

Top Stories

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Resolute shares bounce back as second payment made to Mali government to secure workers' release

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor