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Hi Steve,
Would also like to point out the BOD are not very transparent which is a large concern - eg: still no info on how the sale was structured, percentage of royalties etc.
Hi Steve,
From the last RNS - they have not started rolling out the blocks (apparently waiting for the right time - which is always questionable). Hence no royalties.
Money owed from customers unlikely to be paid as per update - some have gone bankrupt.
The only upside from old investment is the grant - but no doubt the BOD have probably messed that up too.
A investment of $50k in NXT is not going to do anything. I've lost all hope with the BOD. The cash left in the bank will probably just be spent on their expenses (at least they had nice holidays in Australia).
Would love to be proven wrong but think it's time to call it a day with this lot.
Yeap but no doubt it will be the same old eg: circumstances beyond our control but we are really good and working really hard to turn this around etc etc. I think the track record says everything - best to write off.
Thanks King. The party will be on me if this ever gets to over 4p. I'll be happy with 2p. Can someone create a spreadsheet with name of holder and number of shares? Might not be bad idea then to send Zorb an email with this supporting document advising him of how dissatisfied we are with his communication.
Hi BigErn, Can't personally see much happening with NXT given the lack of cash now left at Leeds. Unless they complete an RTO. Thanks
Update now on Leeds website - not good as expected.
Hi Steve Going from past experience when the BOD do not communicate it is usually followed by bad news. The best thing they had do is return whatever little value left back to the shareholders and wind up. Would be happy to proven wrong.
Interesting read - China & Phillippines. https://static1.squarespace.com/static/5360ba9ce4b05d1feab96e66/t/5adeeaeaaa4a996c381837ac/1524558576667/180423+Business+News+Article+-+Dismantling+the+status+quo+%5BE%5D.pdf
Surely they have to give us something soon - have to announce results by 30th of June and also call AGM you would imagine. However going on track record wouldn't be surprise if we got another lemon on our hands - hence the lack of updates.
Hi Steve - hope your right. With the delays on news etc I'm getting a deja vu feeling.
Last update stated option to take part in additional funding in NXT Tec by end of March. Surprised nothing announced so far.
Thanks Steve - happy Easter to you too.
Surprised there's no news yet - could be one of those prolonged periods again where we don't hear anything. Hopefully not.