Member Info for burningspear

He's been found out to a Helpless Dave.

Lloydie, "not a happy chappy .but what can i do"

Research would be a start.

OSG, Do you have the latest projected numbers? AT A MINIMUM?

"Will have to pay a fair price all those projects/assets must fetch at least 10-15 million. Tripled up at 4.6p"

Some on stronger stuff than CBD I fear.

Excellent interview with NT.
The teller of truths.

I expect the next adventure to be fishing.

For Red Herrings.

"The Company has also increased inventories at Zoetic ahead of several significant presentations to potential customers. Should these meetings be successful, it is imperative that Zoetic is in a position to fulfil orders quickly."

Coulda, Woulda, Shoulda.

You know hat is coming next.

Why have these inventories built up? I thought they were selling by the shedload?

Hmmmmm..................

They raised the money they did not need because billionaires thrust it onto them.
Which they were going to use immediately.
Which they then didn't.
They then had some "unexpected" bills which needed paying pronto. For which they drew down a $500k facility.
Which has left them with the money that they raised that were not needed which they used immediately which was not used immediately now left there immediately to be used in the future immediately whilst also drawing down $500k immediately.

NT went to Oxford don't you know!

He was not pushed.

He was simply found out!

By it's very nature a charade is finite.

19th August RNS:
" The new funds will be utilised immediately in expanding our manufacturing capabilities and further developing awareness of the Zoetic brand."

4th September RNS:

"Consequently, the Board resolved to draw down in full the $500,000 bank facility. This satisfies these temporarily higher costs whilst preserving the funds raised in the placing on 19 August for future expansion and ongoing operations."

Hmmmmm..............

"utilised immediately" or "preserving the funds raised in the placing on 19 August for future expansion and ongoing operations."

So one of the two RNS's is either an error or a downright lie. I wonder which?

Robert Price said:

"It has been a privilege to have worked with Highlands over the past four and a half years. I am proud to have developed the portfolio of natural resources projects and also to have been involved with the Company as it re-shaped its business and established itself as a vertically integrated CBD business.

Shameless to the very end! Salt into festering sore. What's that about "classless"?

" I wish the Company well for the future." - he forgot to add "the one which I helped to destroy single handedly."

It is only natural when confronted with the truth that some of us have been warning about for some time for some to claim moral superiority and huddle around the "good guys". I was of the opinion that pulpits were for the church and not the stock market. You are playing at the church of mammon and yet trying to find solace in morality.

Having warned endlessly about this utter POS of a company the cheerleaders persuaded yet more of the hapless onto rocky shores with a flagrant disregard for all the warnings. The RNS this morning is telling you starkly the dire condition of the company's financial position and yet there are some looking at crumbs as fully formed loaves. The next fundraising, for there will be one, will be at an eye watering level IF they can manage to get one away.

I note the cheerleaders are conspicuous by their absence!

A lot of hope still built into the market cap with the total losses not yet quantified but heavily hinted at in the RNS.

There is no billionaire. Although RP may be a millionaire from the largesse provided by the "investors" here.

Confident buys.
Followed by non-confident sells.

A comment on the new product development should be helpful.

Even the paid for interviewer could not keep a straight face! Truly laughable and a laughing stock.

Fundraising ahoy!

I continue to average down.

Mid migori gone the same way as Shi ite creek, Greenland, Amulet, Steelmin and a host of others.
It's all about RGM now.
Same old Bell end!

Are they producing Nickel? Who knew?
I thought their main production was hot air!

Most of the sells are buys.