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Hunterr

5,744 Posts.

1325

02/08/19

13:44

Post #: 39832057
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Originally posted by twelthman ↑

There is no alternative to a CR. Even then a CR seems a stretch too far. Who is going to fund this? There was no white knight investors when they were operating and trading at 12-16 cents. Or after countless 'MOU's'. Or once the Diamonds were 'generating revenue.' Since then all SAS has achieved is demonstrating to the market the ability to mislead shareholders and run a company in to the ground. Not to mention changing prospectus days after the last CR. They can't be trusted further than you could kick them, and you can't kick them because they are not based in this country. How convenient for them.

If this wasn't enough why did the 2 Aus directors run for the hills and why months later are we still waiting for their replacements? If MM couldn't deliver what they needed who is going to come in now and fix this mess?

Talk of a bank loan, I'd love to hear how SAS would plan on making those payments, no bank would wait years for SAS to generate revenue. I'm sorry that good people are losing hard earned coin but this is long past a pipe dream.

The fact the ASX have allowed this robb..'wealth distribution' to occur under their noses without any sort of accountability is disgusting. What is worse is it is legal.

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SAS Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
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August 15 approaching, page-46

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