We now have to watch MJ's latest company and try to prevent them doing this to another crowd of people in another company. Watch the Angola Diamond Holdings, Velvogens, Worldwide Natural Resources etc etc etc....
Should we be planning a punt on CVI MkII? After all, it is predictable what is going to happen. I know it trades on others misery however, if you can't stop it shouldn't you try to make a few bucks out of it?
The perpetrators are all aging now, but no doubt their methods have been passed on to other younger followers...there will always be scams and unscrupulous people - so just take care out there all......
For sure, as they stated in their prospectus, a succession plan is in place, generations of criminals to come out of this lot.
New Prospectus - 17 Dec 09 - Page 12
Potential applicants should be aware that Mr Smyth, who is in his 70th year and not in robust health, is looking to establish a succession plan whereby he will be replaced as the CEO of the Company he has no intention to retire at the date of this Prospectus.
The gall of these people.
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