How Can anything that Nick says in the future be believed by shareholders?
This guy repeatedly said in presentation after presentation following the previous capital raising, that no more capital raisings would be required in the future due to PYC reaching cash sustainability.
In addition to this shareholders via presentations, direct communications with the company via Nick and also through write ups in Mainstream newspapers were told that there would be multiple deals completed by the end of 2011.
The goal posts are being repeatedly moved by this company and the price action today is a direct result of investors saying enough is enough!
No doubt PYC has immense potential but there comes a time where you shout WOOLF too many times and the credibility of the stock and those associated with it takes a hit.
PYC Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
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