FGL 12.5% 1.8¢ frugl group limited

Ann: Wangle Family Insites Update & Launch Plan, page-86

  1. 7,161 Posts.
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    I would hope potential investors don't use hc as a guide to be honest... all they would have to look up is:

    TA - Graph and indications - does not look like a buy at all. Looks like a very sick stock

    Cash balance - High cash burn, basically 0 income.. under $2m now.

    The tech on paper looks great. But real world is a
    Failed commercial product after launch - not only is the vpn not living up to recent PWC external results, it is not living up to what WGL are promoting and is basically on life support..

    Investors - Current top shareholders and what they are invested in...KW as an example with ZIP...

    Current options / performance shares - Millions still to come - millions still in escrow coming out in feb 18...,

    The list goes on....if i was a new investor in WFI I would take a lot of people's tack and wait until WFI is launched, look to see if it's catching on.. and of the retention income starts to role in then buy... but you still have performance shares and dilution risks...

    Just because you have bought in sub 1c (great timing) and have been touched up by the CEO - which has already made you look like an idiot with stupid marketing and timeline comments doesn't mean everyone else is wrong because of "timing" and entry points.. if you read these hyped announcements over the year you would think we had the next AMAZON LOL

    It's a penny p&d stock at end of day which skirts on being illegal but as always asic let these run wild
 
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