FGL 2.50% 3.9¢ frugl group limited

Ann: AGM Notice 2021, page-8

  1. 12,534 Posts.
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    Be an interesting AGM

    The 3 of them all looking at each other and congratulating themselves on the fast-tracking of shareholder value.

    What can you say?

    I assume Walker introduced the new business opportunity and the other 2 got consultants to design an app for them.

    The free app is great, I use it.

    The consultants have done their job and got paid - the next step is where it all falls in a heap.

    Commercializing the concept - same as Family Insights.

    The step to creating commercial value for the business model once again seems to be lathered in doublespeak ............the only difference this time is that they can keep raising $800k a year to keep the directors/management/ consultants /administrators all in the feeding trough.

    I expected on the last CR they would have raised $5m or more with an exciting new tech development embracing an extensive range of retail groups/products and powerhouse collaborations

    All I got was small-time cottage industry survival stuff.

    Visionless!
 
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