AC8 0.00% 4.0¢ auscann group holdings ltd

Ann: Market Update for Shareholders, page-53

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  1. 12,618 Posts.
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    History suggests with this listing that the culture of self-preservation is a priority for directors/executives.

    On this basis and with an economy under stress, I would suggest the remaining funds will be directed towards maintaining an income stream for those consulting/advising/"managing" until such time as the funds run out.

    Then it will be relisted with another group of hotshots and their grandiose idea to make millions.

    "They" will be getting suckers to take up shares and recycling the same old sloppy style "business model"

    A good way to make the easy dough, but the integrity of those involved does come under serious scrutiny.

    Basically - steer clear.
 
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Currently unlisted public company.

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