Felt like having another spit about this little headache.
After Dotts posting taken some time to look at CCC and there are a few similarities I hate to say. I think the promoters have been a little to keen to do well for themselves at ordinary shareholder expense.
I am not sure if things are too far gone to be saved but lets hope. They seem to me to be draining cash out of the listed vehicle (ZYL)to their private companies and putting debt into the listed vehicle. I am scared to ask what sort of first security on the company assets they gave/get and to who and how distant they are from the original associated people.
I don't know who any of these people are. I got recommended this stock from my broker what a joke:) , so fool me once shame on you, how does it go, fool me twice shame on me? I was keen early on after watching Ian Bennings promotions, but it seems the more time has gone on and the shocking hyped up but no value press releases gives me a sinking feeling!
I still hope this is a real company trying to do what they stated all over the place that they were trying to do. Or it might be that that was never the case and I am one of the last shmucks to work that out!
cheers!
HWK Price at posting:
8.5¢ Sentiment: None Disclosure: Held