NWT 0.00% 11.5¢ newsat limited

chairman's address to newsat shareholders, page-5

  1. 4,114 Posts.
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    can anyone else smell the desperation coming from Mr.Green? They are putting a spin on these so called 'increased revenue'...etc and have failed to point out the millions of dollars which they now are out of pocket. Why? to entice newbies to buy at a 20% discount. Sounds big doesn't it? But its only 1click from the present SP. Hopeless hopeless hopeless people running the NWT ship. An extra couple of billion shares onto the market, as if it isn't congested enough already. If bad news comes out good luck jumping ship at a reasonable price. If you have to wait in a queue of over 100million shares in order to fill your BUY order then think of what'll happen if NWT drops negative news? 300-400million all waiting to jump ship including yourself... I hope the newbies know what they are up against here. Bad news and you'll loose your entire portfolio in no time all in which you'll have to sit on your hands due to the awful liquidity of this stock.

    I was a newbie when i first entered NWT so this is my message to those starting out and have been caught up in the NWT hype. If loosing your entire portfolio gives you grief then get out and invest in something more concrete than hot aired increased 'revenue' announcements on the back of every increasing debt. Just think of all the dividends you could have accumulated in the time its took NWT to fall from 0.007 till now and expected drops from dilution after the shares hit the registers...

    GL to those who hold, just my 2cents worth from the poor PR stunt Mr.Green has just pulled off in his address to the NWT holders.
 
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