MUL multiemedia limited

you should read this

  1. 926 Posts.
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    If you hold MUL stocks, you should read the report along with a 12.5 million dollar lose, there objective to have over 2.5 billion shares, a payment of 110K a year isurance policy to idemify directors when they get sued, but importantly you should read page 18 section b)

    This along with the outragous salaries on page 11.

    I have made a lot out og MUL in the past , but no more for me, this appears very risky and something has to break.

    The concept is probably fine, the management is the problem . 86 million cash burn.... 24.6 million sales 24 cost of sales 12.7 lose when MAY I REMOND YOU IT WAS PROJECTED TO BE IN PROFIT, but because they decided to make the new skies aquistion those projections are void.

    Give me strength, , surley some arrests are iminent
 
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