But it IS massive dilution when you have already bought in. It is the greatest most direct betrayal of shareholders, printing new shares that devalues existing ones and at some point the team at Solg became dilution junkies. Deeply disappointing and a terrible sign of things to come.
Quady when I first invested here, there were 1.1 billion shares in issue. There are now nearly double that. The growing resource has been outstripped by massive dilution, with massive dilution to come. Its hard for the small investor, because you are literally having your pocket picked by the management and your loyalty is being used against you to profit others. As Fitzgerald wrote in Gatsby, the future recedes before us. It is always jam tomorrow. Hence at any given moment 80% of the investors on this board are 50% underwater and have to listen to a hard core of bores claining to be in here at 1.5p despite having bought continuously since 2016.
You know Bnc for someone so full of themselves you have pretty thin skin. As for being "spot on" you have talked ceaselessly about the coming Elliot Wave on this board down the years, talk which encouraged many gullible investors to hang on to their shares at over the 40p mark while you and others nipped in and out. Your followers are still sitting like Linus in Charlie Brown, waiting for the Elliot Wave like Linus waiting in the pumpkin patch for the coming of the Great Pumpkin.
That you can still portray yourself as some kind of put upon victim is astounding, and reminds me of someone.... When is your Oprah interview?
So stop attacking me just because you're hurting right now. If I could send a message to my past self about Solg it would be - no matter what trolls or shorters or derampers are on this board , hang on to your shares. But SELL at 40p!!!!Sell at 40p!
And by the way I am shocked that some of you dont realise that some of us have made a few grand from SOLG since 2015, but are still kind of greedy or ****ed off we didnt make more. The share has been bouncing about between 19,p and 43p since then, and a clever guy could have made a million. I'm not clever, and I could have been luckier, but I'm grateful for the profit I did make.
Grim mate it is easier to complain about what could have been, I am not an investing genious, just made a lot of money here, because unless you bought in under 19P here you will be in profit. But there were times I was 209.000 quid invested here, and if that had been in at 40p instead of 25p I'd be ruined. Great resource, badly managed. Never have faith. Never let your heart rule your head. Nick never delivered, but he caused enough peaks to get out at a profit on, as long as you didnt believe the hype. I made money through pure luck - many in here at 3, other mugs at 40p, I was in the middle, risking a huge amount. 27k profit but with the wrong timing I could be sitting here with most of you mugs, wondering where BnC went.
Novice anyone can check my posting history on here. My tally with Solg is £27600 profit. Could have been so much more if I'd have realised earlier it was a trading share and not a holding share, and besides all that profit is in my SIPP and sits against series losses in other shares. But I listened to years of that Benny Hill Fred Scuttle character BnC on here with his Elliot Wave ****e and all the other regulars talking up this greedy little man... if only I had realised this was a trading share and not to believe the long term story I could have made £100k. Get in at 19p and get out at 40p... thats my only advice and I had 3 opportunities to do this and believe history will repeat a couple of times more here. Dont be jealous or angry, there is still opportunity here.
There is an old Russian story called "How Much Land Does One Man Need". You can google it, it doesn't take long to read.
I cited it on here a few years ago in relation to Nicks overvaulting ambition , his "paddle our own canoe " hubris and lack of a sensible exit strategy for loyal shareholders.
There is a tragedy here, almost perfectly summed up in that Russian tale. With Solg, it could have so easily have been a differenct story with a happier ending but sometimes what seems like our strengths in the short term can mutate over the years into stubborn and self destructive flaws. Very sad.
Hi Rich3r, it is indeed me. No offense meant to current holders, just sad to see this story unfold in the face of so much blind faith from the loyalists. This share has been very good to me down the years but in the end you either get out at 40p when you can or you trade it. Waiting for the big payoff always disappoints with this one. Some very decent people invested here in an amazing resource, but lions led by donkeys. Bottom always seems to be about 19p, and good to trade from there, but too many are trapped into sitting like broody hens sitting on china eggs. Good luck all anyway.
Anyway if Weinstein doesn't die soon from Coronavirus (he's got it apparently) I'd be VERY surprised. His cards are as marked as Epstein's were, and, like Epstein he is ready to spill the beans on all these Hollywood celebs you are all so worried about. I hope he lives to tell the tale because it's going to be a shocker. Never mind popcorn, sit back and grab yourself a pizza...
Please don't start linking to fake virus cure stories, social media is full of them. People do recover, but they are not qualified to point to this or that as the reason for their recovery. This guy is full of himself. I took this. I did that. How about we ALL avoid bat soup in future? Just as a basic health measure? Prevention and all that...
It's always amazing what lengths authorities will go to to make it look like they are doing something, anything in a given situation, and in the panic no one is allowed to question or object.
In 1665, as the Great Plague began to get a grip on London, they immediately ordered the destruction of all the cats and dogs. You know, the two animals that might have held in check the rats who carried the fleas.
In 2020 they immediately destroyed the world economy.