NZS 0.00% 0.2¢ new zealand coastal seafoods limited

xTV Networks, page-532

  1. 299 Posts.
    You know things are bad when the SHs are bagging their own holdings this bad.  And this clearly is not down-ramping in order to buy more - it is bagging a lame dog that is not performing, and most importantly, breaking the cardinal rule of keeping SHs informed.

    I have set myself a deadline of Friday COB.  If no news by then I am out at whatever price is going at 15.59.  I have capital tied up in here that was originally intended for NOR and RAP, but I thought xTV was looking good at the time, so I took a punt.  That's the breaks, sure, but, the lack of direction and investor updates coupled with what seems to be a myriad of issues that should be getting sorted out is beyond the scope of what I can say is just part of investing in long-odd opportunities.

    I would have made roughly 240% on this xTV capital if I had followed my instinct and put in into NOR or RAP instead. Not happy Jan.  But I'm not unreasonable - I don't expect the same returns here - just some direction and information on what's happening.

    From the look of these threads over the last few days, xTV is going to lose quite a few mid-LT investors if they don't pull their finger out, and soon.

    Come on Joe - issue an ann that shows we made the right decision.
 
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