RE: Tomasz23 Oct 2018 20:47
but don't call me crook! Why I invested last year? Exactly year ago I had the assumption that Richard signed Riverfort funding deal depending on the company average stock price. Basically there was mathematical formula saying that even higher sp is then more cash company will receive. This ensured me that Richard expects to do deal soon and will be a lot of news to boost the volume. I invested in October £60k and deal was not coming. SP started to fall bit nothing turned up. There was few lows and I was topping up and crossed 3% so I had to notify in December.
After the months we all were told that the deal couldn’t be made because Nick Bryant's claim affected project funding. This was heavy destructive as the co-incidence of two factors (Riverfort and claim) destroyed company value. In the parallel world the deal was signed we have several sub-deals with suppliers and stock price increase real boosts and Riverfort provides secured finances for a year. This was in parallel world - in our Nick made rat job and destroyed the company value. The fact here is that Richard did not predict Nick’s move and what he could say to investors? It was months silence until he realised where we are.
What happen next is he took his lesson and get everything right from the basement. He signed expensive settlement, made capital re-organization, made NEX submission, made consolidation then issued shares, found new broker and changed company address to Gibraltar. Finally and costly closed the RiverFort deal before the expiration. He is aware that you and me and everyone else is extremely disappointed of this. He lost credibility and social media don’t give him live normally.
Personally I doubt in any cavitation or Blockchain projects here. The work is ongoing on Chinese licences utilization and will not take quick. Ironically many people lost the faith when he did not get any company update after the financial release but Richard and PCGE is flex the muscle for another jump and Richard MAY show everyone!
In this year we have solid basement and even better BOD since Bob has joined PCGE. We still have enough cash to cover cost and most valuable here are the Chinese licences. The fact that Hainan is planned to be another Las Vegas, we have several licences which are very valuable and almost impossible to acquire. Many think we funding Richards’s lifestyle but this is all untrue. It is hiccup called ‘Nick’. Revalue will come in big style guys, all in PCGE jigsaw has the sense.
This is why I added once more this year and watch the next months.
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