I have no association with ANP at all...other than as a shareholder.
As for CVI went, my association with them was limited to improving the quality of their market communications at that time...thats all...which I agreed to do when asked as a concerned substantial shareholder.
They would send me raw info for the monthly report, which I would combine into a more professional looking document for release.
Other than that, I was not involved in any way with the day-to-day running of CVI...nor their decision process...in fact, I only ever met Mark Smythe once (when he came to Melbourne)...it was then he asked me to help out.
He also asked me to help out in a similar way with another Company at the time (I think a Company his son was involved with?), but I was not interested as I did not know the Company, was not a shareholder in it, and was not actually interested in that sort of work.
I only wanted to help CVI because I thought they were trying to build something significant...and obviously becasue I was a shareholder.
Most of my posts on CVI (when I was a big fan), were prior to this period...but after I was engaged by CVI I limited my posts, and the content thereof, as I felt it was inappropriate to do otherwise.
I posted this at the time.
I also had to limit my trading to periods after reports were released due to black-out rules...so was often forced to sit and watch the stock getting sold off, whilst unable to limit my losses, whilst waiting for the monthly reports (which didn't actual contain anything new), to be released.
I eventually felt I was being set-up in this way...to the extent that I was even sent a significant draft announcement, asking for my comment (this was the first and only time this ever happened), which effectively locked me into a black-out period.
In spite of the so called "announcement" regarding a $1b funding deal, the stock was sold off en-masse...day after day...week after week...and I could do nothing about it whilst I waited for it to be released.
Interestingly, the announcement was never released...I will let people make up their own mind about what that was all about.
Suffice to say, my shares did not hit the market, so I was not able to compete for selling space in a drastically falling market for CVI.
I had been played!
It was around this time I started to sense not all was what it should be at CVI...especially regading the scant nature of some the information I was being sent to include in the monthly updates...so I withdrew my services (after about 3 months of work).
I was never paid for my work.
I also posted about this on the forums at the time.
Anyway, we live and learn from our mistakes...and in this regard I see absolutely no similarity between CVI and ANP...far from it in fact...and trust me, these days such similarities is exactly what I look for in every investment!
If in doubt, I suggest people take a look at the ANP board...and research each person...this should more than address most questions!
Cheers!
ANP Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
