RE: Val2015 Nov 2019 10:19
Morning Fred,
you heard same as I did, they had a few t's to cross and i's to dot and then we were getting an update... never happened - as yet, so do you believe in miracles?
they stated, cash bal was around 240-50 and tax cred due July 400+k, when it was nearer 170 and tax cred arrived more less last day sept and just balanced books?
So they did another low level cash raise... great!
And personally I can see another coming, to clear out remaining shares? might as well might'n they!
then there were six interested parties in 401 and 2 LOI and looking good, so why cut 401 loose? you know as well as I - why?
as you know and Blade pointed out, I was avid supporter and believed in the science and the hype... through attending presentation and agm and personal meetings, sadly you can only believe in "fairy tales" for so long, then the rot sets in.... and so yes, I suppose Ive turned to the dark side some what?
but not through assumption and bull sht, through making a concerted effort to listen and learn from those who know far more than us...
and quite frankly the only thing this BoD seems to be good at, is bottom dredging cash raises, to keep the salaries going and lights on?
and lets face it, they fcuked the last one up good and proper and cost us dearly... and not as much as an apology or who done it!
yet now here we all are awaiting an update at, of course a point in the future, never now! and hoping its a sublime one
as imo, with cash flow nigh on gone, sentiment on its knees and sod all "as yet" from BoD to help! its all we have to go on?
so you go on supporting them and hope, I will also hope, but feel I am entitled to moan, until the BoD actually produce something that adds value to the sp and helps all the investors, to claw some value back!
and like Drac does, only stating what most are thinking.
it is only the ones with .013 or there abouts who are pumping (I have some as well) wanting their quick profit, they are not interested in the long term, imo...
but more to the point... are the BoD interested in the long term, cuz with coffers as they are? how long is long term!
Seriously bait all you like, I am taking a break, Im going to look at a new range rover, at least that will only loose me 20% when I drive it out the show room and so a far better investment than here at present!
genuine good luck all LTH... we are going to need it... I feel.