RE: 30 x times sp current value just to break even10 May 2024 11:21
Made out to be a failure?
We were supposed to be ready and have multiple funders 3 years ago, we were supposed to have 8 billion in funding by now. Check the RNSs.
What we've ended up with is a small IM that took how long to get going, with nothing to follow up.
That's not fake news. That's reality and those are the promises most of us invested upon.
We were told that IM was a true sàle an bullet proof, but we aren't even calling it true sake anymore, that's just being brushed over.
We now have Pegno, which it took to get people to take the initiative to fund us.
So true sale was not bullet proof at all.
Anybody who's not a liar will admit we were mislead.
We took CLNs to buy a company we didn't need other than to get us past the auditors at the time, we paid way over the real value for that company and they've been made millionaires out of our pockets.
That's why the price got hammered.
And it stays down because TAG are trading it.
All that said, it looks like we might get something substantial over the line which can grow and we can hopefully become profit making.
But we all thought that many times before and many of the previous initiatives came and went and remain brushed under the carpet.