RE: BOD REPUTATION18 Dec 2020 18:50
Torre
With BRH there was one massive conflict of interest and now, unless TB and PR have bought in recently, the only interest TB or PR have are the 1.4p warrants and possible the 2p warrants mentioned today. Clearly it is in their interest to get the sp moving. We know they are capable of doing this.
So yes they can redeem themselves although, in the future, I will look very carefully at investing in any company TB is involved with.
With regard to the future I think rms are in a better position now . They have 5 plus m in the bank.
I think this timeline is interesting
12 Nov no funding required
6 Dec new Director at p2f
11 Dec may need funding
18 Dec placing.
I would suggest that before his appointment the new director would have done due diligence on p2f and drew certain conclusions one of which was what p2f needed to move forward. Discussions would have been had with the BOD then we get the rns on 11 Dec.
Apart from cloudveil which seems to have a commercial focus, p2f and gyro are now in the spotlight and need direction from a person who can take them forward.
Alex I feel has a plan for the future of p2f and quite possible the rest of the group and now has the required funding to undertake his plan and I sincerely hope the bod will provide the funds required by him.
All subsequent rns's from today I feel will be positive and this is the start of the move up
alb