ChrisTradng 08.46 Post16 Mar 2020 10:18
As much as it seems a bitter pill to swallow, ChrisTradg post is actually the sensible option, in that we "the shareholders" have to deal with what is in front of us at the time and not, what we "might think" will happen until it does?
In that we are told the Company needs money to continue or it is looking like admin and I/we certainly dont want admin!
Considering we are trying (I use the term loosely) to get the BoD to understand our concerns and act accordingly... hence the rns today for April.
I personally will be voting yes to consolidation for the simple reason it keeps the Co afloat and yes to the cash raise for the same reason. As I believe and hope that it will be to pay out standing bills, rather than salaries or bonuses. I will NOT be voting yes to point three, as we need to see if there is any type of ANGEL waiting in the wings, to help, once it can see the Co, is again in a position to pay bills.
That will then allow us a little more time to continue to lobby the BoD before April to see if we ca instill "change for the good" before voting again? Maybe if this Angel Chris Trdng suggests appears, things may change?
At the end of the day, I dont want my investment to disappear, so it is a YES YES No from me and I believe most of the action group. yes we want change, for the better, but are sensible enough, to not want self destruction.
At the end of the day, based on as much dyor as I can find out, this is our stance.
Thanks and hope it helps some of you make your own decisions
VJ