Ok, this is how I am looking at it at this point, there has been a number of acquisitions and loose ends with those acquisitions as to liability due to us having ownership or some kind of JV. Also there was at least one company where the shareholders were impatient and the board could not get to execute their plan to its full potential and thus was written off and made a loss and has now also been added to the REL tribe (this is from memory so don't quote me on this cause my memory is as long as the hair on my bald head). So getting a handle on all of this was a task slightly beyond Mr Featherby's capacity to manage and keep a hold of . ( in short it is complex enough for the management to get too hard to keep in check. So in walks Mr Smith , someone who has a background for nutting out the individual parts, has experience of the terrain and the players and is also probably well familiar with their quirks and tricks in that area, and tasked with bringing it into a cohesive focus, where each part fits properly in its designated slot as originally intended. So the long and short of it is not where the funds are coming from but how many shares Mr Smith is going to garnish from the company to ensure its future value. After which the feeding frenzy may ensue once the consolidation had been executed. interesting indeed , I got in like I got in with NTL with a Long Term view , and I super disliked when the share got devalued at least once a day, to half of what I paid for it, due to day trade or short term traders. So just as ol' cockerel said earlier ....or was it a chicken, or a french cock.... regardless.... I'm content that it is still sitting at .002 . But unlike the cockerels 100% profit ... I am at break even and will watch this play as it should with me making profit in the long term. And for all this patience I am after a Disallowed at least.
REL Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
