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Interesting contrast between your tone on here your tone on advfn, taxi...
Very true taxibabe.
Basic understanding of finance will tell you.
Nobody will back a company with no assets.
It's allways been a lifestyle company run on a shoe string. The only money they have ever had is from duped investors with the promise of riches tommorow.
Unfortunately there is no such thing as a free lunch.
The only free launch here was mfdevco undiluted 50 percent holding. The share holders of a public listed company paying and being diluted to oblivion in the process.
If they ever did make any money it would be controlled by the private company. After they had finished syphoning off any monies there wouldn't be much left over for the many who had paid in the first place.
You can look all over aim and many companies are set up in such away. Just before any success they somehow decide to go private. Because quite simply the listing is no longer needed and the rewards are best kept in the private domain....
They worked on lots of projects but had no money nor any realistic prospect of getting any. Its a case of modern day alchemy that never turned lead into gold either.
Absolute lies marbur/icac and you've taken a step too far there matey. If you've spoken to Simon as you claim then he would have told you the same as he told everyone else, that their advisers told them that commenting on the decline would merely draw attention to it and have the reverse effect of what the comms intended. There's no way he would have shared what you claim he said to Graham with a shareholder, not least a resident troll.
To be clear, I am not defending them as I think the continued silence beyond macadder's selling is pretty unforgivable and completely bizarre. But you take things too far, as usual.....
“Graham refused to speak to investors”, are we sure this isn’t just minty in a rubber mask scooby doo style? because the contempt he appears to have for people loosing oodles of money at the moment sounds awfully familiar...
But when will the bitter end be?
I can believe the 24/7 part judging by the number of posts from marbur and icac. I'm not defending the company as they can't even be bothered to do that themselves but you seem to have a h*rd on for Simon's job.....oh well, if that's how you vent then I suppose who am I to judge. Atb
Just tried to off load some of my golden tickets and couldn’t even sell 50k of shares with HL, they won’ t even quote, like it or not we’re stuck here till the bitter end it seems
I think that we are all fully aware that the BOD / employees are only interested in their personal wealth growing with the least amount of work possible
Maybe any questions on commitment would be better directed at the directors and employees of NUOG, rather than beleaguered share holders, just a thought
I'd love to know when your commitment stops, marbur....do you ever clock on, let alone clock off?
Cheers hwire. I hadn’t seen this, why wasn’t it publicised!?
Apologies if already covered but an interview was posted last week on MFDevCo website
https://forums.mfdevco.com/2019/08/05/a-discussion-on-gas-to-wire-equipment-and-risk/