CNN cardia bioplastics limited

aquenox

  1. 953 Posts.
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    I dunno guys. Don't you sometimes think you have been hoodwinked.

    After valuing Aquenox at zero for the Biograde/CNN valuation they are now going to try and extract a bit of value from it, like $5.1m if I am correct.

    Combined with the fact they also valued the Uranium at sweet FA by virtual non association for two years prior to the deal and are now going to extraxt some value, one must start to wonder.

    Now I know WE all may benefit from valuing these assets up but it doesn;t escape the fact imo we paid way too much for a bankrupt, worthless asset to date.

    We have cleared all their debts for them and are about to line their pockets with cheap uraniums and what do we get in thanks , not one word on the results of a trial that was to finish in May one would presume, as that was when companies had to abide by the new law on plastic bags.

    Then we have a poster saying two ex execs. are selling 30m. If we are to believe that is the case What does that say? Do we actually think these might be the only two Biograders waiting to bail?

    Anyone who can establish any credibility to Biograde is and would be most welcome to put forward a view here and now. before all the funds are eaten up.

    Sugarbowl, surely you too must be tired of all the talk that never materialises. We have been doing it for 7 years mate.

    MY views only DYOR
 
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