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BoD are daylight fraudsters. They keep on issuing new shares and pocketing the salary and expense
Any legitimate way of taking them to court?
SIL3NT - Nops. Don't think so. This is probably legally conning shareholders .
Wasn't it justin waite that was ramping this along with bidstack couple of years ago ? Imho
Not years, a couple of months ago. He’s dumped it no doubt, never mentioned it since November. Anyone that follows his advice needs their head looking at he’s cost a lot of people a lot of money.
The calculation for the directors were simple! Increase their pay package by £10K then use that extra £10k to buy shares at .15p with warrants showing they are buying something atleast!
I think pi now realised they will never exercise their warrants either. The SP has been artificially held at .16p to allow the warrant holders to sell just like before at 1.25p. Last time both John Clarke and Jonathan Hall ramped it to the sky and innocent shareholders bought back thinking they are averaging down when in reality they were played by the directors. SP fell to .77/.75p but recovered around 1.25p. Anybody holding now, please don't be that naïve anymore!
Gfinity BoD are simply modern day fraudsters!
Management have killed a brilliant share
Through there incompotense and lack of ability to communicate with shareholders
This wont go anywhere for years if ever
Too many warrants and sentiment is in tatters
Neon you are hanging round like a bad smell tho
Time to move on
Moneysponge
I was invested in this company for over three years, exchanged emails, phone calls and even went to their fullham arena twice to meet Clarke and Hall, was a proper proper company private investor!
It's easy for you to comment and lecture others because you've been in this stock for like 5 minutes, trading, in and out, happy with your 10% profit/loss. You will only understand investors pain if you were really involved and got conned by these fraudsters!
So stop lecturing and mind your own business!
Neon Is 100% correct. These BoD have are fraudsters.
Moneysponge- when one has invested in any company they don't expect fraudsters BoD or miss leading information from them. They should come out clean when SP keeps going down.
am not saying these are not crooks
am just sayiing whats the point hanging about moaning
Far better shares available
carnt believe they have reduced price of 216m warrants to 0.15p
On top of the billion + they have issued like cunfeti
This share is going nowhere for a long long long long time
its dead money here now i agree
but I wont hang around slating company
And, being bitter
money being made elsewhere
Moneysponge- You are spot on but one is bitter when there are dishonest BoD and not coming out clean .We need big investors to vote them out ASAP.. Surprised big investors are not making any noise and voting for BoD changes
Does Justin Waite have an update on this stock? lol
Jokes aside... what caused the collapse here? I was under the impression they were 18 months from serious profits here. Is it just covid blar blar or have the board being up to mischief? Interested to know because i get the potential here
RazzaB
Nobody is joking here, read the previous posts, stay miles away form these fraudsters.
IMHO, in few months time they will consolidate the shares, say 1 for 100 to artificially push the SP up and then again rinse and repeat the unsuspected new retail investors.
Is this the general consensus here?
I don’t think they are fraudsters, just an extremely incompetent management team. CEO is gone, but the CFO who has put through the last two atrocious placings is still around. Why should he still be here when he has no cash flow skills.
Avoid.
This bearish attitude is a buy signal for me.
We are about at bottom.
lol
you keep buying RazzaB, GL as you will need that.
New shares have been issued apparently, get ready for the warrant holders to start dumping imminently. Rinse and repeat.
and it started already, 0.13 is the current SP, it never gets old lol
I see .07/.08 within days/weeks
Neon is the type of guy who's ex girlfriends all have restraining orders against him
Just can't move on can he
lol
Moneysponge, remember MOS and what you did there?
Better oil your own machine, mate!
gfinity had 1,316 million shares in issue and just confirmed another 1,333 million with warrants to be issued tomorrow taking the total to: 2,649 million. We saw warrant holders always sold constantly no matter what! Company confirmed it's not growing as previously claimed (including their rampy tweets), infact going in reverse with higher cash burn rate and needed £1.5 million minimum as working capital (not product development) to stay afloat so now raised £2 million instead at shareholders expense. Point to be noted in March 2022, they wanted £1 million initially but ended up raising £2.7 million with warrants instead.
It's your money so should be your choice but any private investor out there considering buying this disaster, think again!
Nice 10% banked neon old sarrrn.
Pick the bottoms mate. Thats what its all about this game!
lol
What an idiot!