zinpin,
it was in the reorganisation of capital back in 05/06? that the dirt stuck on DMX,to me.I haven't the figures and dates on hand accurate specific but from memory it went like this.
Consolidation of Shares and a Sophisto Placement set up most of the shares on issue into THEY hands at a price of 30cents.Not long afterwards some kind of further Issue was made at 50centish.The Underwriter got stuck with a hell of a lot of these because the 30centers seemed to Not wanna Know.
DMX had just bought these two other Dump Businesses,one was long established profitable etc blah.
The point I couldn't fathom and couldn't find was that DMX has operated UNPROFITABLY for years trying to flog some patented "stuff" and there was no mention[I could find] that They weren't going to continue using this "wonder" product in their new conventional Dump.Therefor I could figure that,well,IF they persisted with their patented 'herbs'n'spices' for waste disposal they could easily persist in making losses and go worthless.
I then linked the Share Registry "rort" outlined above with Me Tooers,a plot/ploy/play to somehow sucker onto the TPI bluechip BandWagon.
do you follow,zinpin?
go look it up and you might agree that DMX is Sleazy,a trap for us pilgrims.
cheers.
zinpin,it was in the reorganisation of capital back in 05/06?...
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