RE: Diamond Hands..5 Jul 2021 19:41
Reading those results RNS's was hard to swallow, Have to admit to being wrong when you get it wrong.
If you can't sell tests in a pandemic, you can't really sell can you. Paper hands needed for this one i think. £14K Revenue?? When you have a deal with a company who's test is FDA approved.
Of concern to me among many things I could mention. Is this one..
On 26 March 2020, the Company announced it had agreed a loan facility of £150,000 from Brian Thompson, which was fully repaid on 6 July 2020.
From accounts:
Net finance expense (25,026)
So a director of the company lent the company £150k in March and received £176k in July for the hassle?? Damn I wish I could find a deal like that.
Stacks of creditors paid in shares who clearly have just sold them as there has been a downward spiral since 4p.
Just the way those RNS's were written has made me give up here, shameful considering the narrative coming from CTEA in all the interviews etc. Nothing but taking shareholders money.
No doubt they will come out with new stories for new investors. BOD has lost all my faith so I'm off.
Good luck to those holding.