Suppression RNS13 Apr 2016 20:05
Once again,as expected a negative RNS,
Increase in short term loan, equals, we have no money,bu t they do have lots.
Eds,now problems due to subsidies, and 90 day invoices,another negative.
But wait we own or do we not own 50% of that company,yes we do.
No mention of repayment of debts from Eds or interest,well that's simple,P E scumbag,is the VP.
How all very cosy for him.
So IPSA is now thanks again to PE a cash shell,wait oh yes he bought their asset for peanuts,
Oh yes and the Lake Woman company secretary of Rurelec, now Director of IPSA.
Are they having a laugh.
This is now fraud,and it's so transparent.
Earl,Elmsom,Lake, fleecing shareholders assets for personal gain.
This is blatent theft.
I'm sure now the SFO have enough ammunition to bring these crooks to book,oh yes also that Shackleton guy from WHI.
If they thought they could get away with it,tough,
SFO will see fraud here now.