Imagine running a company whereby you are forced to release an rns like this because of good research done on a bb, they should get a grip and deal with these facts in a professional manner it a disgrace.imo
... if a 'breathing space' were needed - perhaps for reasons unknown to the shareholders - then a delay would be most welcome to 'certain parties' - yeah? Just sayin' - that is all ..... [Speculative] If things were awry would Kevin Alfred tell the shareholders _________ or not? Time Will Tell - everything floats to the surface eventually!
Please SH + bs ... no floating to the surface Troll jokes, eh?
I did say cash poor not asset poor - sh*** look at me great house, best part of 20 acres of land must be worth into 7 figures. However if I needed to lay my hands on say 10 or 15% of this in cash I'd struggle without a mass liquidation of other assets (inc flaming Vog shares where currently 30% down). Refer you to the posts a few days ago and the carribean case he's involved in, doesn't say so explicitly but one take is he's not got the readies to meet contractual obligations. What is we have here, oops a contractual obligation for the best part of $16M if my memory serves me right 40% of $40M
Read this quickly before SpaceHoppa + bigsmoke (sham artists) gets it deleted :
The Chairman said to the new kid: ‘’My boy, wisdom and integrity are essential in keeping the shareholders happy By ‘integrity' I mean that if you promise the shareholders something you have got to keep that promise - even if it means that the BoD and I gets a bloody nose’’ ‘’And what is wisdom’’ asked Roger? ‘’Wisdom’’ answered Kevin ‘’is not making any stupid promises’’
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