NET 0.00% 0.3¢ netlinkz limited

Ann: Netlinkz to Raise up to $18m to Strengthen Balance Sheet, page-18

  1. 481 Posts.
    lightbulb Created with Sketch. 86
    Shoop and Mr2

    Not bad at all, was hoping the Gucci would step in, but a good overview and conclusions, they have not shared half of what they could have, telling perhaps, but more a symptom of the Compliance environment.

    The company, as it is presently ......Presenting, is not a Financially Going Concern, this type of financing, and the associated risk of not making enough revenue, is not appropriate for a listed company.

    Add the fact that the world is convulsed with a Pandemic, and the increasing likelihood of a very Hot...new Cold war..... between the U.S. and China, with attendant escalation of Cyber warfare between the two,and this is a highly risky play.

    The path that protects all parties, company, creditors, shareholders...in that order by the way....as a "Leaker" posted a week ago with a small twist, is for the company to raise 7 million, that deal sucks, but you only go there because that is the only deal you can get, in the time frame demanded, settle down, reverse split, voluntarily suspend the listing, until you are comfortable communicating actual revenue reality.

    Put this forum to sleep.




 
watchlist Created with Sketch. Add NET (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.