Wow.. well for what it's worth it's a lesson for many. Everyone needs to have a few of these under their belt to pick up the red flags for the future.
Sky and Space Global was one that I had to experience and it really opened my eyes to the nature of speculative investing, and more so to never trusting what a CEO says until it's dollars in the receipts line. Some may also remember the dodgy practises of BIG Media group.
Building a business, scaling it and turning a profit is not as easy as many think - inexperienced CEO's are always a warning, tread carefully - never invest more than your'e willing to loose at this end of the market.
delisted dot com dot au has been a useful service for me in the past to sell frozen shares and receive a tax loss. Check them out if you get stuck with your shares.
BUD Price at posting:
0.6¢ Sentiment: Sell Disclosure: Not Held
