Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
And when I am on a roll I have to ask myself did this major shareholder who was selling for ages know something behind the scenes. We were aware he had lost millions on a previous bio company that went bust and we thought he was having liquidity problems but was he?
Come to think about it they had £1M pounds to lose themselves so could they easily afford to lose this money but also lose their reputation as well. Something wrong somewhere.
They always said we had funding until September. The board had experience in financing so how we all arrived here is very suspicious to me. They always said we had excellent relations with Merck etc. They gave themselves massive pay rises and were recruiting top people. They said the science was sound collaborating with key businesses. Something was not as it seemed somewhere.
crl123 I know you are working hard for the group. If there is any justice here something just might go for us. Thanks once more for your help.
Michael I have just re read your June comments which as always were well thought out and positive. Let's hope you are not far off the mark.
Michael wouldn't it be nice if we came back from the dead. Still cannot work out how we got in this situation. I thought when you are down people just take advantage and kick you a bit more if that is possible.
Spec this is the problem with AB. He always has several plates spinning but never completes a project. Too late for me as I am 98% down but I would hate any newbies to buy in here on his rhetoric. Sorry to be negative but he has done me.
Zumore I think VUP must have no credibility with any right thinking person as we have proved we owned 51%. However AB is so stupid as we know. Where is the money Bell we want to know and do not say stuck in a Cypriot bank or similar.
Longterm many thanks for your thoughts. You do not need to list all AB's failed promises as I can remember them all. I just thought one project might come good and it looks like it could have been in the DRC. I suggested to AB he should consider a reduction in his salary many years ago to preserve cash but he declined. Cheers.
Longterm you thought in April that DRC would slowly fade into irrelevance. Has your view changed at all since then and do you believe we will ever get any money into our bank account from the arbitration process? I cannot understand what is taking so long since the $15M is just waiting to be allocated to the lawful parties so we are led to believe.