You have to laugh.2 Oct 2015 17:02
With all the 'goings-on', I think Zhang has taken to the Opium Den. In the Financial Summary of the Half Yearly Report, the last insertion is the cash balance at end June of £45.6M, which he states is 1.0p per share. Obviously incorrect with c77M shares in issue, and should read c58p ps.
Later in the report he states EBT of c£700K, or 1.0p per share.
In the Outlook statement, he refers to the new agreement with Disney in using their brand for new lines. He finishes his outlook by saying he views the future with some confidence!!!!! I fear he will need more than The Wizard of Oz to extricate the company from this self inflicted dire shamble.
He's going down with the ship, his hands firmly clenching the wheel, while the officers have abandoned the vessel, and in the clarity of his thought he has decided to pay the on-board entertainment to leave the ship, and as the waves engulf the wheelhouse, he is gurgling his last words - ' I think we will be ok'
One final thought, probably the 3 distributors being paid off for failure are his mother, father, and a sibling? Hope he owes the Triad money.