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Just so I have this right, it’s a personal loan from Arthur to COPL right? That’s where we are? The CEO is lending the company money we’ve all given him at a 10% clip? Just want to make sure. If that’s the case, I see far less optimism. He will get that money back if things go south. Nobody other that us has skin in this gam
I’ve been waiting to be proven wrong for three years. Hasn’t happened yet. And a few of us know how many times this was supposed have come good in that timeframe. If I had 1000 shares for every time news was imminent, I’d be...well as poor off here as I am now.
Ha - Bob I hope you’re kidding. You’re talking about the same Jay right? The one who would post upwards of 30 times a day to counter any negative sentiment and only paint a rosy outlook for a company in complete dire straits? Are we talking the same guy? If we are, you’ve already given him $$$ so no need to feel for him.
Sad it’s come to this in fighting. Just like Abe before him, I told everyone Jay had motives but nobody seemed to believe. Bob, I feel for you but you also called me out on multiple occasions when I said you had your head in the Panamanian sand. They continue destroy all value in this company. If you invest in the LSE listed company you should leave and cut your losses. Us Canadians are stuck. Call me out if you wish. But first look at me posting history over the past 24 months. Would have saved you a lot of $$$$
The problem with this drop is that it means there was nothing of substance behind what made it raise in the first place. That’s the real concern. Sure it can do it again, but if we were that close to landing material events, it would have kept its strength and or kept moving in the right direction.
To elaborate. Many XOP owners are from pre Liberia days when the stock was worth something and actively traded. Since the change of exchange and the absolute **** poor performance, shareholders are rightfully disgruntled and stuck with stock because it hardly trades at any volume and near zero value. COPL on the other hand trades in decimals of a pence, has a huge pool of hungry, active, short, medium term traders, and some longer term investors. Many don’t know nor care about the history because it’s a clean slate. Others give Art a pass because they haven’t felt the same amount of pain and patterns as some.
Now that I’m done being a wise ass, serious question. If Art pulls a fast one and doesn’t announce positive news and movement before significantly diluting the current shareholder base even further, will anyone here still trust him? I’d love to know from everyone just how many more chances he has in your eyes.
Wait, we’re still waiting on news? Didn’t Art say at the end of March it would only be a few weeks? I dunno and maybe I’m alone here but a few to me means three. Since he doesn’t like to cry wolf, maybe he actually meant three months and accidentally said weeks. Guess that leaves him two weeks?
We all know until there’s official news, there’s no news. Insinuating is a dangerous game as many of us have seen over the past two years. Sit tight and wait. Still say it’s a coin toss whether this gets off the ground or not. But that’s why we’re here and not invested in Proctor & gamble right?