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Ann: Results of Annual General Meeting, page-12

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Tobyscooter

55 Posts.

16

28/11/22

16:57

Post #: 65031871
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Originally posted by hoofa: ↑

The emphasis/culture within this organization has always been focused internally.

Salaries/fees/consultancy/incentive shares/associated perks.

Edwards and his "revolutionary magnetic technology" has been around for years.

The result is a share price that is illiquid and currently is at .021 cents along with a company that has no cash and revenue equating to that of a corner deli.

PP is living off past corporate success when he was backed by millions/millions of dollars and a global marketing machine that was powerful. He is now in the real world of survival trying to use the same methodology. Different ball game.

When your emphasis is on finding the cash to keep the listing alive, the main focus is lost and the momentum of a company goes into survival mode. The board now seems to be a mish/mash of those hiding under the boardroom table, whilst PP endeavors to magically pull a rabbit out of the hat.

The only thing of value from this company at the moment is the ASX listing. All the other stuff is just old recycled concepts with fancy window dressing.

IMO

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Oh Yeah this is just crusin along nicely , down down deeper and down .

WFL Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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