Yes I am sure the fudge wits of the company will put their own spin anyway.
Latest news is Core Track were ordered to put the rig under cover and to stop showing people the technology. Trial is set for the 17th April.
Headlines in the announcement will no doubt be
"Once again Coretrack has maintained possession of the GT3000 rig"
we can't operate it currently (we couldn't previously either) and we might not try and sue Mr Strange and Strange Investments after all because we actually don't have any money.
Personally I will be surprised if this goes to trial. The risk is far to great for the company or more the point its directors and major shareholders Cygnet.
Still some things to happen but if they do my sentiment will revert to strong buy but until then I believe it is definately now a hold.
supreme ct tues 9.30 wst, page-6
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