Member Info for Fantasy

Sandy - If AP is thinking of "Fantasy" then you have wrong man at the job... he should running the company and not focusing on me..!! :)

Sandy - you some choices... You can filter.. you can buy out vast and take it private... or you can just ignore.. :) we all have choices... AP could have been better... too many deals.. too thin... ran out of cash and went out for wonga type loan.. :) will keep coming don't worry!

"Obviously, unfortunately, we will now have to read another 20 posts a day with you repeating over and over and over again that this is wrong and bad and useless."

Sandy - calling BS master is a hobby... I know one.. don't tell me what to write fella... :)

If you have a relationship with these supplier, you can manage it... thats my point..!

why did AP get VAST to this level do you know?

FTB - when do you need to pay for the long lead time items? Do you pay when you place orders or do you pay when you receive the item? If you have a relationship with the suppliers, you place the purchase order and make payments on receiving the goods? We understand all this long lead time items and bergen funding.. why did VAST/AP come to this level? why?

Angus - genuinely positive post.. there is a turnaround opportunity... but for me this is all about "execution".. lets see what 2019 brings...

Not long ago (6months before) - most of my posts were positive for good reasons... Since then, I have lost some faith/trust... some think I have an agenda and some think i don't... and some people know I post what I think...

GL and hope 2019 is better...

Ereddy - no worries... thanks for your reply... :)

starvest agree - but to be honest manialla,is not a priority. T2, BP and reduce all other operational costs...

Supergar - if manailla is not profitable or if AP thinks it will not be profitable.. then stop the operation temporarily to cut losses, move the man power/resources to BP to accelerate... it is, how AP plays it...

Ereddy - I have always posted negative over the last 6 months here... Have been open about it.. If it is directed at me - happy to respond.. :)

Welcome Ereddy - where have you been? Merry Christmas!

Angus - depends ones sees it... this can be turned around, thats why I am still here... haven't thrown in the towel yet.. waiting for T2 and BP plan..!! but so far, it turned out to be the way I expected with AP.. GL

Hi Ostrowm

47% increase in revenue to $21.942 million, with $1.2m is not too bad... last year VAST made profit..

This year BP additional maintenance cost, all the deals that AP signed and spent and delay in manaila equipment.. all contributed to that loss.. $1.2m.. Not too bad in grand scheme of $22m revenue..

If AP makes,
- BP work again,
- reduce spend on deals and other non-strategic projects
- Manaila equipment and reduce loss or make it a small profit..

All the above 3 could turn this around quickly.. so there is so hope..

torchy - recommended... spot on! :) but but I hope T2 sorted and BP up and running... rest of dreams including diamonds can wait...

ORT - hope so... hopefully 2019 is a fresh start.. hope!

Sandy - same thing repeated.. thats how many times, AP has come short.. IMO.. People should focus on VAST and their progress... rather than Fantasy!

ORT - absolutely, for VAST for survive and to turn around cash position... we all need this BP delivered..... agreed!

Ostrowm - I keep saying.. AP is talking a lot of BS. Haven't delivered anything apart from some fantastic deals.. "Going on a buying spree on credit card, because something is on sale.. but I am already in debt."

AP will found out soon... one way or another!

ORT - waiting to see 1 project, BP to deliver. AP is running it like a headless chicken.. Company at loss as it stands - got to turn this around fast..

AP operationally poor... couple that with deals that he makes... It makes the financials look really bad... hopefully this is the last set of bad news... and we can move on... Another nicely wrapped gift for all long term holders - $1.3m loss.. mid-tier BS in 12 months time? honestly? get 1 project back on track, then we can believe something you say.

"$1.3 million loss from operations compared to a $0.56 million profit from operations in the same period in the previous year"

ORT - alright mate... not having a go at you...

everyone here screams at MMs, AP is the CEO and not the MMs.