Were sitting on cash and buying shares back at up to 18p i thought it was a safe time to buy in then they do a placing at 13p. Well we all make mistakes!.
Spary do you know who Gopal Vasuki or Kandasamy Jothi Satheesh Prabhu are, i dont remember there names from the past and they are the registered directors of GST according to companies house
Have a look on the GSR or GST website ( its one in the same ) The fax number for EMS or GST or GSR is the same one that fatty uses for his company which is called clay hill capital and all the companies use the same address
Barclays are on the Guernsey register along with hsbc provident and bitcoin its not the only register they are on but they are there, have a look for yourself
1.875 million arrangement fee on 12.5 mill loan just to keep the lights on short term until they can borrow another 60 mill with a mcap of 28 mill. Massive dilution and SP collapse on its way imo
bnr as a 9% shareholder gets about 18 million tokens free in the first year that is just a bonus thats worth $3.75 million not a bad bonus is it and we have a mcap of 5.5m. Well it will not be 5.5 when this news is in a RNS
The money is going down because no one has been cut from the payroll. There is no work happening because of the weather but everyone is still getting payed so that is 125k+ per month for Fall
Yes i have been having a read of the financials seems they are back on the payroll. Trying to see where costs can be cut CEO gets 250+ PA seems high for a part time job, but i do think its fair value as we are paying for quality. I cannot see them getting the burn rate much under 1m PA.
But as Phoenix says who cares how much it is as long as they are making us money