When Bob Gestro jumped ship I really thought that was a bad sign.
It just goes to show nobody is infallible. Kiril I think putting in more than his full allocation in the last cap raising was defiant right to the bitter end.
I hope all us punters far worse for wear now have learnt something. There is no value listening to Director's, attending AGM'S or phoning Director's for a chat.
At the end of the day all you need to ask yourself is does the business make a profit. No if's but's or maybe's and definitely no robust pipelines that Director's are excited about.
If a Director of any future company you are looking at tells you he's excited about the future before the company is making a profit just think of Mr Kiddle for a dose of reality.
If that doesn't bring you back to earth with a thud you deserve to be cleaned up.
Geniune best wishes to all burnt shareholders. Hope your next investment is a big winner ! If there is a next time.
When Bob Gestro jumped ship I really thought that was a bad...
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