RE: Delivering value to shareholder14 Jul 2022 17:57
He was so hellbent to prove everyone wrong by saying no fundraise, no fundraise, no fundraise when it was blatantly f***ing obvious a fundraise was required, by holding off on the raise the SP continued to drop then he had no option but to raise when the sp was at an all time low of 5p, his ability to manage the company coupled with his Twitter arrogance lost him trust in nearly everyone that mattered within the financial world. The net result is they’ll be at least another 30 to 40 million shares in circulation in a year or so time, yes up to 40,000,000 new shares just stare at that figure for a few seconds.
He then has the arrogance to say he’s continuing to deliver value to the shareholders, wtf he doesn’t give a f**k about the shareholders. Will you and I get our money back?, of course we won’t, the SP is only going one way from here and that lower apart from when the 20% rampers hit on it occasionally then take profit a few days later.
Whatever you do is never ever ever trust this guy.