RE: Clearly30 Jul 2018 22:17
b1gdeano
Forgive me but I dont think you realise that listing has no bearing on your share value in a company.
Not being listed in an open market DOES NOT makes it a private company.
All the open market does is allow people to buy/sell shares in an open market.
It does not restrict you to sell the shares if company IS NOT LISTED.
You also dont realise that online Launch isnt a matter of pressing a keyboard.
1. Website with functionality of bank transferring GB to CASH and vice versa to affiliated Banks can alone cost over half a million. You have absolutely no idea how much the security of such a website costs. Nevermind the hacking protection.
2. Cost of buying, holding and safeguarding GOLD
Gold has dipped from 1350s to 1222s per ounce since Lion Started.
So they could buy more gold with their money but equally the gold they already hold has lost its value.
Thats usually future contracts so not a huge loss, still loss.
3. Affiliated Banks will ask for money to be affiliated.
4. There will be FCA regulation and the payment.
5. Insurance of business dealing with Gold
These are just few.
I bet you 3 pints of guinness that Lion hasnt got enough money for Launch. They are going around collecting money and for that reason they have poured their own 250K.
Lion will have to strip their gold mines, they are useless.
Relisting cannot and musnt be a priority.
It does not affect you as a share holder.
You will not be in a loss if company is not listed.
Legally you are a shareholder and will remain.
Dont follow others, there are people on here who know bugger all about corporate affairs, most havent a clue about Economics, they have no understanding about Commodities and I bet another 3 pints of Guinness - do an open poll and ask who here has actually run a business.
There could have been a plus side - but since htey have thrown their own money - its now clear that their initial investments werent properly hedged.
I can assure you that you will make profit.
If execution is crap - which it is, keep putting pressure on BoD.
Also dont forget you can get people together and pass AGM Motion.
Share holders can call AGM and press BoD.
By end of August, GB should be out and available.
You and I will do utmost to buy GB
You and I and rest of us will make money.
Hope that helps