RE: UMUTHI CEO - "the silence is deafening"17 Jun 2021 14:47
I bought in after doing some research on the Company in that they had an established distribution network and also in that they would sign a new contract. Maybe should have delved a bit more. Also as it was a recent listing, i believed that the Company had been thoroughly audited by two separate accountants. The issue seems to be that others have shares in issue that have not been accounted for. Dont think anyone would have known that as it wasn`t made clear. Bad choice on my part but never saw anything untowards when i bought in. Hope that the FCA clear this up and also make clear to the Director that rules have to be followed if the want to remain listed. As i say, i have wrote off this punt but hope something can be salvaged.