They have lost money quarter on quarter and year on year,
To raise share holder wealth would mean adding lots of new orders and building the business, they have Ann’ed this many times before and all have not met their sales targets or just been abandoned, that was their model, spruik orders with the likes of star bucks ect to no avail, but all the while there has been a milly going out the back door siffened off to the dr’s other entities
They have proven that they cannot raise the SP with their business model and to keep unloading cash out the back door is far more profitable to those involved…
shutting it down is now very possible because unless they raise money they will be trading insolvent with this $1.8m plus costs that need to be paid..
Which ever way you look at this company it is doomed to fail and always has, the moneys been taken and no profits from its inception
Again 99% of holders here are only in it and trapped because of the CEO’s deseption which has made him millions, we on the other hand are down 90% on average….
A life time ban would of been the go and it would send a strong message out to other con artists and the fines given should be swapped so he gets hit hard and the company could survive
HCT Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
(20min delay)