1PG chart attached below - spruiked from 20c to $5 and down to 16.5c, even with $30m in the tin today. Was apparently disruptive, patents pending, terrible outcome for shareholders. Cygnet spruiked this like crazy, and exited at $4.80.
ISX - highly disruptive, with several granted patents - looks like a real business, just got Visa Inc on board today. 3c to 50c to 16c today. Cygnet exited at peak.
GSC - cant see anything other than literally some celebrities / footy players associated with it. Not sure about Cygnets holdings.
There is a pattern here of Cygnet managing the reverse takeover for 10-25% of shares, pumping and dumping. I hold in FBR and ISX, with a marginal play in 1PG. Just getting annoyed at the pattern
FBR looks great, and I love the technology.
1PG chart attached below - spruiked from 20c to $5 and down to...
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