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And last but not least....and remember I warned all of you that this trash would collapse I warned you all for over a year and all most of you did was shout me down.
Well........THEY AINT SHOUTING NOW...
Grab what you can and get out while you can this is FINISHED...KAPUT...FINITO...BEREFT OF LIFE...etc
'Shareholders should be aware that unless the Minimum Amount is raised and the Resolution is passed at the General Meeting, the Directors would have to launch a very accelerated search process to find funders for the business, which if unsuccessful could result in the Company being unable to trade.'
this sort of trash is the reason I dont generally read these forums anymore. Laughing at other peoples misfortune like you never had a share go bad in your life :)
actually, Munters and others have been warning for a fair time that all was not sweet smelling .... if people had read the RNS's, timed to meet fund raises, then vast expenses spending with little actual results, it was ruddy obvious.
No one is laughing at misfortune ....
Munters aka Chimers said it was a scam because of Gigha, he then changed his mind, he’s claiming credit for something he didn’t know or warn about.
Problem here is the constant lies from Scott, billion pound pipelines and sales that never existed, I checked the German deal and via mates in corporate finance, it was and still is laughable. Sadly that doesn’t help those who believe the lies being spun from the company.
We have all been here once or twice, I hope everyone gets their money back, I also hope Scott and Kenna get what’s coming to them in a jail cell, it is the least they deserve.
All of my research will be forwarded to the FSA when this company folds, that will include the major shareholders such as Schroders who will hopefully have the funds to take action against these fraudsters,
Scott has a thriving business paid for by shareholders same as Kenna, whilst the shite is left. Disgusting human beings who ran this business, greedy thieving filth.
The fact is we have all been sucked into shares by bull sh it a CEO comes out with many times on AIM and they get away with it. Probably won't change and will happen time and time again until no one invests in AIM which is probably starting to happen as we speak. AIM will disappear and so will lots of start up companies unless of course authorities take action. Wouldn't hold your breath though.
Scott is just another normal AIM CEO full of it just to make his salary and retire fat on private investors money.
REDT is in deep sh.t and in my view unlikely to survive. The blame lies not with AIM but with management.
Plenty good companies on AIM. Just have a look at Advanced Medical Soltions (AMS), possibly the soundest company in the market, growing at a nice pace year by year and increasing its cash pile year by year.
Perhaps I am blind, I haven’t observed any mocking only sympathy from posters recognising “there by the grace”
There has been a lot of share price venting on here in the last 12 hours and I must say rightly so. However cutting through the emotion and panic the SP seems to have bottomed out at around 1.2p. At this price folk are prepared to take a punt with a little £ and sell on the spike to make a couple of quid. That said enough small time investors could meet the required funding. At the same time the new guy in the driving seat is much better equipped than the previous chap, having been at the helm of a similar company. If this was a cat we are certainly on the ninth life. GLA
Agreed bobf. I took a punt to average down this morning (was out yesterday and missed all the action) and after again reading through the RNS still think there is a probability that this can come through. Not sure about the German deal still but if the Anglian Water deal can be eventually completed this will be a good start. Still dependant on the outcome of the placing meeting the minimum criteria. Glad that Scott is now in Operations and Neil O'Brien running the show.
Meant to say 'good' probability that this can come though subject to minimum placing....
yea your right not laughing, gloating...
usual AIM stuff, PIs on board but given the mushroom treatment, I am not in for a lot here but I have a number of AIM shares which were caregfully selected & looked like good bets, virtually everyone on them is tanking. I am starting to think the existence of AIM is merely to a device to milk private investors.