Ann: Leilo Transaction Update - Inventory Build and Capital Raise, page-9

Stockholm

I continue to watch this stock turning into, in the very near future a 1c stock
The reference to "Fugazi" is so appropriate. These questions and many more need to be asked and answered, but they never will.
As a shareholder, you only have one choice to stay or go

As I have said before the sales volumes need to be around $8m a year to get close to breaking even. A long way off.

The only way FIJ will survive is to do multiple CR's
They woudlnt stand a chance getting any $ from a bank so they can only rely on capital raises form existing shaeholders and any new ones beleiving the hype. Share swaps to buy companies, they will be left with, with stock they cant sell

I always wonder how long this can go on. Look around there a bucketfull of these on the ASX doing the same thing.
Selling a dream and delivering nothing or very little.

I learnt a while ago to ride the wave of these stocks but dont fall in love with them or stay too long.

Existing shareholders have to wait until a decent worthy announcment arrives to get any SP improvement.
Those coming into it re trying to make a swing trade to get some small gains

I feel for existing shreholders.

Noble the SP has decreased from as high as 8c when you came on board, to now getting close to 1c. Not good !