GSL 0.00% 0.0¢ greatcell solar limited

When people change jobs, friends and associates find out and...

  1. 244 Posts.
    lightbulb Created with Sketch. 20
    When people change jobs, friends and associates find out and they can't stop spreading the news. When people apply for jobs, leaks occur. My info comes from people in the industry of PSC around the world, a few old friends from high tech industry and even PV.  RC and his cronies have lost the confidence of the staff. Even some of the bludger execs are running for cover - yes the rats are running for cover. I guess there will be nothing left to save once the best brains become ensconced in other holes. Maybe a few of us could mount a rearguard action, but to raise the money once the staff have gone is not as easy as it would have been some months ago when I first started to suggest impending doom.  There are several large companies in Asia that could have been interested, but unless RC et al die on their swords now, the IP will be lost. 

    To argue that sale of a cash generating asset is a sin would have to demonstrate that at that time, the IP was a secure much higher value asset / RC is smart enough to obfuscate that one. Turnover was not part of the immediate business model. Nevertheless, it was bloody stupid and shows why you shouldn't let a lawyer/trader anywhere near a high tech business / this is just another example of a lawyer with greed in his nostrils screwing up a good project/business.

 
watchlist Created with Sketch. Add GSL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.