RE: re placing? what placing15 Feb 2018 00:20
Seen it all before, they were getting low on cash and yet again lets have yet another placing, not a large one though, don't want to take too much off our investors again, just �70,000 this time so it won't look too bad and it will keep us going for another 6 months until the next one. I'm taking it you don't read the results, losses more than doubled so who do you think is paying for that?
Lets see what the year end brings before you get too carried away, we'll check the cash situation then shall we ?
Maybe you would enlighten us all with a forecast on the future profits or will you e-mail Geoff and ask him maybe, I used to own more shares than he did, its laughable! When the management have a paltry holding you know something is up, less than 0.25% of the company is a red flag !
I do sincerely hope I'm wrong here, I was very bullish on MDZ and their IP but nothing has come of it over the last 3 years, maybe the new investor whatever his motives will change the fortunes here, the current management are doing nothing but bleeding their investors dry.
Gla and as ever DYOR