Member Info for bakky

let's hope they can get the situation with any possible skeletons sorted with this investigation. Another point SJ, what do you reckon they can muster in Ablock sales out of a possible 65k target. I reckon they can do 20k+?

bottom line for me is, what is the best/worst case scenario? Surely there is still a good business here?

they will need co-operation from China to get anywhere. Good luck with that one!

in Toby's opinion, hmmm!

rns says 'principally' one contract, big difference, it could be many more too!

I suppose we will have to wait for the answers, innocent until proven guilty and at that stuff! I don't think many would shed too many tears if the culprits were jettisoned out PDQ.

I think many would say yes to Q10..

Q2, is a strong possibility imo! But it has to be more than that to take this long.

not too sure if they will ever get to the bottom of that little lot, especially if you need answers from the Chinese!!

depends how many have had enough! The longer they keep the sp down the more frustrated we get and willing to sell out at low prices. Just look now, peeps are selling at 4p, many would snap your hands off at 6p?

who knows Dr. With a small uncomplicated business I would have thought it difficult to commit any sort of fraud.

do you really believe that anyone will be sacked?? I don't! Offer will come in from II's , take it private with same culprits at the helm and sell well into double figures 18/24 months time. There you go!

Maybe they put that $1m into year end revenue to boost the figures, cos they were not up to much otherwise?

it has to be more than just this one contract for the time it's taking. I just hope they haven't fecked up yet again with the no more than $1m statement. There might be refunds etc going back years and years, surely not??

I wonder if the problem is with the two main Ablock registrars we are using to front the sales?

there is still a very good business here! $10m+ profit annually to a bigger better outfit.

30th Sept …... "As a Group our core business is profitable, cash generative, and debt-free, with the majority of our revenue being recurring. Our ongoing focus on improving cash generation and revenue mix has resulted in uplifts in both cash generation and channel revenue in the period''.

for starters, it's an act of gross incompetence/negligence not to suspend the shares, or is it? Could it be part of the plan to decimate the shares so the big boys get together and take it private at a steal? They knew full well that the sp would tank with that rns, so negligent not to suspend imo, unless that is the plan!! It must be four weeks now since they have known about this and still nothing.

lol SB! question is, which one is Basil and which one is Manuel? lol.

NO!!!!

looks like they plan to still be around until next year then! Not sure what revenue is expected for .Forum?