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Ann: Notice of General Meeting, page-198

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Gravity21

1,855 Posts.

28/04/17

16:10

Post #: 24338226
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Originally posted by SaberX ↑

Sad to see that things haven't changed since I started to tune out here. Perhaps cashing out at a loss and missing that bump up with the Intel appointment was a curse, but at least I got out nonetheless. The problem with these 'with hindsight' is no matter what you say or do, someone will have a reverse answer : e.g. if this had gone up, they would have been in the right. Now that it's continued down, who is going to believe those of us who continually mentioned the lack of revenue, the exploding timelines. The huge amount of shares on issue. One of my bugbears i always mentioned was the number of shares> I can't even remember my exact points those many months back but the numbers never stacked up.

The issue now is this is 2 billion shares with more to be issued. Any blue sky revenue is going to be divided up into literally 2 billion + pieces. I still remember wondering about the eternal optimists and the manipulator theory like everyone was out to get them. It's always stuck in my mind the likes of such posters -jdragon and all? Just what is the rationale for sticking around still ? It may explode but i guess risk/reward weighing up is the name of the game.

Well, can't say i'm einstein either as I also got caught up in the 'hype' and should have thanked my lucky stars at 10c given I was in at 3. Instead the classic double up, burn, and get out prevailed. True - i'm miled ahead vs if i had held on, but a lesson for all in the future about staying rational. Nothing is ever 'too big to fail', the idea was always 'too big to fail' as well, but technology is a tricky beast. How many things stay relevant these days? It's hard to keep abreast let alone profitably ahead of the curve.

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The technology has not failed. Full stop.

I personally am just not happy with the consolidation of share capital.

XPE Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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Ann: Notice of General Meeting, page-198

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Ann: Notice of General Meeting, page-198

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