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Ann: Cancel - Proposed issue of securities - FFX, page-64

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Recruiter10

5,123 Posts.

784

07/10/22

11:50

Post #: 64081828
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Originally posted by Tiges72: ↑

Theres a few reasons why its quiet.

a) Our new MD is tasked with raising the tatanic

b) In order for Morilla not to sink back to the bottom of the continental shelf again, he needs to ensure it is a viable refloat. Therefore he needs to ascertain the total and true extent of the hull breaches. The reality of this will be far uglier than published. Poor bloke would have been sold the "we have a few small leaks" at interview. Then found more holes than hull and not just near the one Capt Anderson Jumped through as he raced to his $400 plus lifeboat

c) As the hull breaches will potentially require a level of disclosure to the SH and prospective parties current and future, he has to decide if he wants to do like the other Gilligans Island execs and abandon ship (ie preserve their professional reputation) or do a Dr Michael Anderson and try his hand at pulling off a David Copperfield and sell the prospect of a world first investment opportunity, Titanic II a pure fools gold luxyry liner which runs purely off your money.

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so we are not a mine anymore, we own boats ????

FFX Price at posting: 20.0¢ Sentiment: Sell Disclosure: Held
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