What was the previous business he owned in about 2009?
I have a feeling unfortunately it failed?
Being the entrepreneur the CEO is he stared up another business, put adds on Hot copper and got everyone excited.
We all though wow we are going to make a motza and piled in.
The idea was good.
The CEO paid himself very well, owned a lot of the shares, the share price went up all of a sudden he had to sell his shares below market value, he needed the money which killed the share price.
That is the point the more naive of us should have bailed fast, as anyone did who had half a brain.
Those of us who stayed wanted it to work, remember nearly paid off debt terrific videos on the 9th of January, kept us in their. I stupidly put another grand in.
In the mean time, and I don't know when the CEO, became involved in another business.
Who knows how he spent his money from the shares he sold.
Basically IMO I got played.
Only buy shares in businesses you totally understand.
His new one Dominet sounds very promising.
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I am sure the new business will exceed beyond all expectations.
He's a very good player.
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