TIME HAS RUN OUT FOR COLIN KING30 Nov 2021 19:01
Hi Guys.. I have written 2 e, mails to ODX and I had a reply from Wallbrooke today, informing me my email about Colin King resigning with immediate effect, will be brought to the attention of the BOD of ODX.
Make no mistake if King has an ounce of integrity he would tender his resignation, as essentially what the market is telling is that with the current BOD and King, there is no hope in the short, medium, or long term of any significant revenues forthcoming.
I would suggest, every one of you, who like me has been a faithful LTH and suffering enormous losses, write to the ODX board requesting they seek the resignation of King with immediate effect.
I am happy to say my losses will not sink my portfolio but what upsets me most is the sheer incompetence, mistruths, and RNS/Twitter statements which could easily be seen as a misrepresentation of the facts. King has led the decline and in my view is totally incapable of restoring trust back with ODX shareholders..At the current rate of decline, we could be forced to seek a cash injection with a rights issue or a placing, and that would be a request for survival cash...but that day will soon be with us unless KIng departs..LP