Ann: Shareholder Update, page-23

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mikesheen

953 Posts.

295

24/12/24

17:39

Post #: 77180820
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Originally posted by James1964: ↑

Ohh please no more "spin" for this company.

Here is a translation of the spin!
"There has been significant cost cutting achieved by the dramatic reduction in head count,
termination of consultants and service providers, ceasing to be a global reseller of
Starlink broadband services, reducing the entering of new country markets and focusing
on one region and one country to generate sales and revenue of VSN."

TRANSLATION: NET is a complete failure and we have effectively ended our operations. We are trying to fool you into thinking that NET is a viable entity by suggesting our ancient VPN can make money.

"All the Lenders and Debt providers are supporting the company by extending their
facilities by up to 20 months to allow the company to restructure its debt, a critical step
in the relisting of Netlinkz."

TRANSLATION:
The debtors are ropable. I am scared stiff. I hope no one actuially meets up with me in the street so I better buy some ear protectors. The debtors have no choice except to go along with the waste of money that is NET otherwise
they will never see a brass razzzoooo ever again.

Expand

I think you meant creditors, not debtors.

Unless you really did mean debtors in which case I'm really curious as to who these debtors are and why are they upset.

NET Price at posting: 0.3¢ Sentiment: Sell Disclosure: Held
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Ann: Shareholder Update, page-23

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Ann: Shareholder Update, page-23

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