I thought we would be going up with this news.. news that will save the company from a terrible capital raising. Not sure of those still holding.. why this comes as news worthy of selling.. surely last week was more dire.. I wanted this last week, good to see he has quit with zero money invested.. evidence in my book he was the wrong man.. why lead a developing stock without a vested interest.. shameless.
Alll the "work' being "DONE" appears to be outsourced.. so in-house staff not having much to do.. hence how we can axe half the team and it will still be business as usual.
Cant say how well anyone has done here.. wages have been excellent for them.. results.. well.. huge delays YES.. everything else remains to be seen.
Still lots of cash burn and secrecy there was, no skin in the game and inability to get financing and generally advancing the project.. no, we are better off simply waiting for the end user to choose us.. BUT we need to still be in business to receive the final cheque... we now have a better chance of surviving to receive this payout!
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