Some of you guys must be the directors.
Same tricks of 1999/2000. Some of you are just too young or gullible or have a short memory span to remember.
Make petty announcements.
Ramp the stock.
Start the frenzy of the daytraders.
Exercise options.
Sell the stock.
Market finally realises no profit coming.
Those stuck with stock they paid a premium for lose out.
Go back and look at the history of announcements in 1999/2000. Look at some of these deals/announcements back in the good old days.
Proposed Strategic Alliance with Computershare Limited
World First Internet 3D a Commercial Reality (WOOHOO!!!!)
Development Deal Signed with ANZ
Investment in Sportsview.com.au Pty Ltd
Agreement with Timor Sea Petroleum
Appendix 3B - Conversion of Options
Appendix 3B - Conversion of Options (surprise surprise)
Investment in Brands Online Pty Ltd
Negotitations with Virtual Magic Holdings Pty Ltd
MultiEmedia & Deloitte Consulting - Strategic Alliance
All within a few months.
Then after the crash, no more new deals.....ooohhhhh
It was one of the biggest ramped stocks around back then and the opportunity is back for history to repeat itself. But some of you still have to learn the hard way.
Can someone clarify whether today's announcement is correct and that 775M FPO's are on issue making the company worth a whopping $52M on what profit.
I have a message for the directors.
SHOW US THE MONEY (PROFITS) !!!!!
Make it while you can kids and get out while you can too.
MUL
multiemedia limited
