ISN 9.09% 6.0¢ isonea limited

Ann: Letter to Shareholders , page-62

  1. 8,443 Posts.
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    Nathan I think shareholders need to vote against the consolidation, as it's only going to cause further downside and pain... All it's going to achieve is a quick fix to the cash balance.... In my opinion the company has more then enough money in the bank for a company that's only selling an app... To many directors taking home a pay packet more then their worth....

    Just because it's a listed company doesn't mean they have the right to continue to waste money year after year... I've never heard of a privately listed company lossing $5-$7 million per year for 7 years plus that's still running today.... ISN is still running because share holders have been give hope that one day there money will actually be worth something and institutions will continue to fund asking as there is quick money for them to be made at the cost of shareholders.

    If MT was so good and had so many connections and been so successful then why hasn't he and his mates launched a take over bid for the company at say .005 if .005 is such a criminal price to trade at according to MT???

    Share holders are been taken for a ride once again.

 
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Currently unlisted public company.

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