VCR ventracor limited

australian investors at fault, page-2

  1. 1,156 Posts.
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    Blakes7 you are spot on.As a long termer who is in over his head with this company now I am as frustrated as anyone about this debacle.But basically the company has met its targets, these may not have been communicated as well as they should have been in the early years.
    The company has been run diligently and professionally and no stone has been left unturned to get the product right. This takes time and money but is usually rewarded in the long term, not with VCR at this stage.The product will succeed, but who owns the company is another matter. It should be the long suffering shareholders, but unfortunately they are being diluted out. A lousy 3 mill for 15% dilution is not good enough.
    I agree that its time the directors showed some faith and bought, and took some serious pay cuts as well. Confidence has been completely eroded in this company but if you look at it compared to HTW it makes no sense that we should be in this position.
 
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