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29/05/20
05:51
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Originally posted by misterS:
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Blurrt, The NS deal was pretty much shareholder 'date-rape', in my opinion. One can only pray those who were in favour of it keep a more wary eye on their drinks in future. Turns out we can distribute our products without spending vast sums of borrowed money to fill others' pockets and for a fading gym biscuit importer's warehouse (including biscuits, woohoo!) and shelf-space....in shops, bwahaha. Still got their sticky paws well into the jar with the Convertible Notes, the total sum of which revealed what sort of modest funding was really required to launch Reduit - 4 fifths of 3 quarters of eff-all. As if informed holders wouldn't have forked over cash for a little CR if we had been told what they all knew. On the positive side, should be able to buy NS outright for cash in a year...won't that be a great strategic move? Screw shareholder dividends, imagine the dazzling synergy between Reduit and a company which sells imported gym biscuits!
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I was an advocate of the NS deal. That’s unchanged. Different route now. Risk much greater. Reward much greater. Simple as that.