RE: Seems impossible16 Jun 2022 10:03
Someone once said ..... KDNC - Kiran Does Not Care.
I am in a similar boat as you and so far down, I cant see any prospect to break even and walk away after almost 10 years in here. Absolute shocker.
The more I look at it, the more I come to the conclusion that this is a salary vehicle for the board. I don't think they care too much about their share holders or the actual SP. The name change and consolidation was introduced to cover up all their mistakes and to provide an extension before it all goes flat - and now we are heading back into this. 12-, 6p, eventually 1p or below and than a quick consolidation to provide a little bit more life into this and make the SP look healthy.
I regret ever having invested in REM and later KDNC, though at the time this was the share to be part of ... Kiran could talk the talk but failed to walking the walk ...