BEE 0.00% 0.9¢ broo ltd

Ann: Ballarat property sale update, page-5

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  1. 102 Posts.
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    "The Company has been notified by Development Victoria that it has declined to approve the current proposed
    terms of the sale of the Ballarat Property and terms for the new section 49 Agreement to be entered into by
    the purchaser."

    The above is for abmat just in case they didn't want to read more than two lines of the announcement and it also didn't come with pretty pictures of beer with sparkles and glitter.
    Where is the money now to come from? The stock is now out of date, unsellable and ready to be poured down the drain. There is no more money to do another run of beer, and the beer sold was not at a profit. I actually come back to look at Broo to see what Kent has pulled out of his back side to keep the shite show going. Just remember there are a lot of simpletons out there that think that Broo is a great investment, weather they have been told by a very respectable bloke going by the name of Groges having a few frothies at the bar or just a mum and dad investor who can't afford to lose their money and think "how can you go wrong with beer".
    The company being able to run rampant with undelivered promises, constant losses and directors who decimate it with poor decisions and exorbitant wages, should be investigated and and criminal charges laid.
    In saying this I actually feel sorry for people like abmat and lowe carb who have potentially lost a lot, having faith in Kent Grogan and Broo. I appreciate that they have been sprooking Broo since it glory days of 4 years ago when they were purchasing shares in the 20c plus region and the China deal was just on the horizon.
    When does ASIC shut this show down???
 
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