RE: Profitability28 Oct 2022 14:48
Because I genuinely would like to know the answer. You raise valid points yourself...
"The company has given an £85k asset in exchange for shares in a company owned by a "mate". That's all I am saying is a red flag."
"There is another massive red flag in the recent accounts. Patrick L Young was paid £280,000 for 6 months of being on the BOD. And yet he holds not a single share at the december year end."
"Why not write down the asset to zero, but still hold it?
Why trade if for shares in a Lenigas venture?
Anyone direct me to any information on Vinanz Ltd?"
"An RNS stating they've given Vinanz $100k worth of BTC and its mining assets, for 24% in a company Lenigas owns (or is running), and the final holding will depend on the amount of capital raised as part of the listing.
How is that good news?"
And lastly,
" I should have took my profit when I was 50% up. More fool me."