DOES NOT LOOK GOOD14 Nov 2023 08:54
2,000,000,000 Shares issues in order to receive £200,000. Just as well they do not need £1,000,000 or they would have to issue 10 Billion shares. Reminds me of the old Zimbabwe notes with loads of zeros.
Sadly there comes a point in the life of a company when they issues more and more shares and get less and less for them. They will get around this at one point and do a consolidation. That is when people get worked over again when you think they could not be worked over any more. The clever thing these people do is to wipe peoples memory and change the name of the company then at this point you know you are well and truly buggered.
Basically there is no business here and if there were how long is £200,000 going to last? They will need more money soon. Then when people refuse to poor more money after bad, it is the end of the road and will be taken private. This is all called AIM and should be made a crime. Sorry for all the long term investors who have been strung along for so long. RIP