SDV 3.39% 61.0¢ scidev ltd

latest ann?, page-47

  1. 2,675 Posts.
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    As one of the believers I also had heavy losses.... Sad that the technology's SP has dropped to such lows, it's been awarded various awards yet still no one has really taken it up commercially except the ones that went broke!!

    My total parcel will be reduced after consolidation to a dismal 120K :( i'm not even going to bother take it out and will leave it in there till it either goes bust or miraculously goes up...

    If the galavanising project doesn't start making progress by the end of the year or no chinese projects provide significant progress after year end then sadly to me it's over!! been a believer but facts are INL has been around for a long time and really should have provided some sort of commercial progress by now....what do we have to wait a lifetime for this to go commercial!!!

    Management are paid quite large salaries, if shareholders have to take a hit then i dont see why management salaries should not also be consolidated!! or a commission structure of sorts with a modest base with commission when a deal is completed or every 5c the SP goes up etc. Reward those who achieve results not losses!!!
    We are looking at a 0.003c stock where I would say the top 3
    directors are getting paid in excess of 600K (im just guessing) time to cut salaries and employ some deal makers!!

    This will be my last post on the INL forum until something really positive eventuates, the technology is there but just needs someone to take it up!!

    Good luck INL - I knew the risks and accept the losses...

    I watch from afar...



 
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