VXL 0.00% 11.5¢ valence industries limited

Ann: Corporate Update, page-37

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  1. 307 Posts.
    Hey Enforcer,

    Although I am a non holder now I was a holder for quite some time. I headed for the exit doors pretty early once it was becoming clear that the current management at the time really where in over their heads. In hindsight we can all now see just how bad it was.

    The new team are of course right in doing a CR as they have no hope of getting the money from elsewhere without it.

    I just want to say that all holders really need to go back to the drawing board and be 110% sure they can fix the plant, pay the outstanding debts and dig themselves out of the very big hole they have made for themselves before giving them even 1 more dollar of your hard earned coin.

    Perhaps a discussion could begin on what business model, if any could work to get them out of debt and solid production numbers ? If you work as a group it should not take to long to work out if there really is any hope or by putting more money in your just filling their pay checks.

    Good luck holders. I really hope this does turn around for you.

    TT.
 
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