RE: This Morning22 Oct 2019 10:06
It's because the CEO is an utter liar Stockdale. I spoke to him on the phone a few months ago. The placing was about how the money was imminent, water tight contract etc. Then speaking to him it was like they had no plans at all to get it back, the contract was rubbish, no claims over any assets. This is perfect for the CEO, they can claim litigation, keep earning a salary, maybe do a few placings, don't need to worry about ramping up production because the whole business is based around a legal claim, then if it fails just cease to exist and move on