Member Info for Seawolf

Not happy with your dilution/fundraise, something that you said was not going to happen!
Over promise and under deliver is no way to treat shareholders.

L200, while that is true there is little we can do about it!!!!!!
Come on Michael M, lets have the cogs turning, water flowing and some tungsten being shaken out of the kit.

Troajan, I won't be poorer but some might!
Politicians certainly won't be poorer, either way.
If WRES pulls it's finger out I might even retire.

Oh well, things can only get better!!!!!

Anubus, do you remember the Millenium Bug, the world was supposed to end when all of our computers crashed!!!!
Guess what, it didn't and nearly all computers were fine, long forgotten now but there are some similarities.

Seems that there are worse political sytems out there than ours, namely Tanzania, they really are P1551ng me off now!!!!!

Well,, less smoke and mirrors this time but no way will this conpany break even at the end of the year. Now JC blames the elections in India as further delays to orders!!!!, more Tenders????? really!!!! follow on orders worth very little. What about recurring revenue streams, we haven't seen or heard much of that., if there are any????
wait for the next cash call, increased R&D costs for upgrading equipment , more excuses from India, and the gravy train continues for another year!!!

Tony,
It is all smoke and mirrors, Typical JC. Yes he exercised his options but still had to purchase his shares, Taking his hold to just over 5M he has then disposed of 3M in the intervening period, only to buy back another 1M, bringing his holding back up from 2M to 3M. While in RNS's he looks like he is investing he has been juggling shares and has invested in nothing, the price he paid for 1M is a hell of a lot less than he sold the 3M disposal!!!!! Don't get caught up in his games.

Tony, just have a look at director holdings on this site, back in November he held 3M shares and if you look back further he had 5M, simples!

It's easy in hindsight but I should have got out when consolidation happened, even then at a loss. I note that JC has reduced his holding from 5m to 3m over time and that he paid a premium for some of his options (compared to the current SP, perhaps there is a God!!).
I would love the Major shareholders to apply some pressure, just to make it interesting.

Stedon,
If it does go TU, at least the gravy train robbers lose out too!!!!
I've already lost hope of any financial recovery.

CB, I would say he has over the years increased his inability and increased his salary to match.....LOL

all buys today, not a bad time to get in! the current SP is significantly less than PL's purchases.

That's still 90p less than it needs to be in order to break even!!!!!!!
what's worse is that JC still doesn't get it.
this reminds me of that Monty Python sketch where the knight has his limbs chopped off.

I don't know why anyone would listen, let alone take advice from JC! Perhaps they use him as an example of how not to run a business.

FFS, sack JC!

yes but it was $2.00 a year ago and now 50 cents (not good) !!!!

There is going to be a very large group of unhappy people if this carries on!

Well, the market has reacted to the RNS and Sierra's 10Q. What a surprise :(

I was on the verge of adding more SAR shares to my portfolio but now i'm going to put my money elsewhere as this is no further forward.