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Ann: Update regarding CYCL dispute and Director Loans, page-23

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stephencca

930 Posts.

339

04/07/23

18:47

Post #: 68618234
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Originally posted by alpha100: ↑

You guys need to reread the announcement: ” Vander intends to purchase $50,000 shares in the next trade window”. This most likely means after the release of the next quarterly on 27 July and this would apply to all directors, ie none of them can buy currently. DV’s job is essentially to clean up the mess left behind by the criminal fraudster Karl Redenbach, reinvigorate the product suite, and most importantly achieve decent sales results for the first time in a few years. It’s too early to tell how he’s progressing on these fronts, but it’s not an insurmountable challenge and there’s huge upside from these levels if he succeeds. Even Simon would have to admit that....

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I 100% agree. The company isn’t dead. It just needs direction and leadership. Some people, including myself, are going to make a lot of $$$ out of the broad negativity that has led to a catastrophic share price collapse. the company is functioning and in a short time it will become obvious.

LVT Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
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