Ffwd/seed history4 Mar 2023 16:26
Problem I have with ffwd/seed is the constant rinse and repeat without any progress at all for us investors.(from memory)in 2018 we sold our stake in Nuuvrea/aphria for 14.5mil dollars. In 2020 we invested 6mil in factom when everyone else refused.
We also invested most of the other money in failed ventures.so we basically lost all of the nuuvera money.abony walked away to wreak more havoc at YOOMA.
In 2021 we get 5 mil from sale of emmac only for Ed to give half that money to his mate abony,now as we all know that money is now worth 43k!!!
Back in 2017 we was offered 4.5mil for our stake in leap when it was nothing.
6 years later and after dozens of exciting games and partnerships we are told we are lucky to get 5mil back spread over 12months??
All this just stinks from head to toe.
Like the moon deal in 2016.
I personally like eurox but look at the history here,even if say (unrealistically)we got 20mil for our stake.
This corrupt lot wouldn't pay us a dividend.
Instead ,they will just invest whatever money we get in friends ventures .
This lot get grossly paid for doing a terrible job while we are left holding the baby.
Some chap yesterday said oh well it's investors fault for believing the CEO??
As longlad said the other day,I would respect these crooks more if their pay was performance related .
But they won't ever do that as we all know.
So knowing the terrible history here as we all do,how are we supposed to attract new investors?
This is a rare fund where the NAV actually decreases over 8 years.
A monkey would have been luck picking stocks than this lot.