RE: Red Pill Blue Pill5 Jun 2021 01:52
I look in a few times over a week now to see if there is anything that has changed, the only thing I see is Lupi, who was for a long time a big critic of the BoD, but having bought in a few months ago, is now the biggest defender of them and seems to be inferring its long term investors that have got it wrong.
Well I admit I did get it wrong and sold out with a loss the was far, far more than JP's last bonus, however still more than I would have got at these levels. So without wasting too much time, the BoD have kept shareholders from the truth, not been realistic with timescales, underestimated the regulatory processes and been hoodwinked by a con artist (and what is worse were kept on the hook for months without realising it).
A certain poster said in a recent post that ' Mistakes have been made in the past which can be put down to mismanagement through lack of experience,' yet I will counter that these same people have been drawing very large incomes from the Company on the back of their experience, so no excuse.