FGL 2.17% 4.7¢ frugl group limited

Ann: Extension of Voluntary Suspension, page-68

  1. 7,161 Posts.
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    Can we focus on the big picture and that is our investment or potential investment in WGL?
    From VTX it has shot up to 7.6c and now we are in a long term suspension 3c sub $25M MC... lots of words and a patent pending chip & app..

    Management have not delivered, have not been transparent and imo have deceived current shareholders. They are getting paid mega bucks so time is not important...

    what I want to know is did the legislation require a rework of the backbone of the APP.?
    I also want to know why are they doing all this supposed testing when they released a clear timeline for monetisation which is so far behind any schedule any private company would be broke?

    Are we looking at a long term 0.001 shelved company? So far i am saying yes until proven otherwise.. I had 5M shares and now 2.2m so do have a vested interest but i am not confident in this product or strategy at all and leading into xmas and new year with money tied up is not a good feeling
 
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