Madpunter13 Jan 2020 08:55
Good morning all
I know this is not going to be a popular post (nothing new there!) but I do feel that Madp's posts should come with a wealth warning.
He comes up with logical calculations on what we could be producing and therefore generating in terms of revenue but they're based on a combination of Zaza's off the cuff comments (when we know other things he has stated at the same time are plainly false) and viewing everything as the best possible scenario. And he persists despite Mole fundamentally proving that the oil sales are not happening in the way he states.
He disregards the factual evidence of unpaid lawyers bills and employees.
He then completely misinterprets PwC's involvement and yesterday conveyed this misinterpretation as fact.
And now our delisting was apparently all part of a master plan despite the fact that at the time it was clear that Zaza was shocked by it and did his best to retain our listing.
It is concerning that so many here are seemingly taken in by Madpunter's fantasy world, judging by the number of tick ups.
Readers/investors should be aware that the signs all suggest that the Company is in a highly perilous place and to mislead otherwise is bad form. All depends on the arbitration, which is virtually the only thing Madp is correct on, albeit it is apparently 'agreed in principle'. Another positive conclusion based on a second hand reported comment from Zaza when he was desperately trying to persuade the employees back to work apparently. It would be wonderful if it is the case but we don't know.
Of course I wish Madpunter is right, but he isn't! He is way off the mark. His heart is clearly in the right place but alas he is more dangerous than Rainbow Rider as he is credible.
I guess I had better put on a tin hat and wait for the flack that is coming my way.
GLA