I'm in exactly the same boat. I've mentally written them off....

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MurriO

685 Posts.

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26/01/24

00:38

Post #: 72074957
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Originally posted by rushnlabs: ↑

I am “out” in the sense I gave up on this company, and any money I had invested in it.

However, I decided against selling the shares I had, at the low price they were at the time of the redomocile, and crystallising the loss right then and there. They’re dead to me, don’t care if it goes bust, but…. I will ride it out on the small off chance something does ever happen & at least if I still own the shares, I may recoup more of that money at some stage than if I had of sold out at a loss when I decided this was all a shitshow.

Worst case? I lose it all later down the track, which doesn’t bother me, as I’ve already written it off mentally. Best case? I get it back, and maybe even make some profit.

But, it is amusing to come back every now and then and read some of the excuses the same people are making for why things aren’t “happening” with this company yet.

Can’t believe it’s nearly February 2024 already… soon, we’ll be having our one year anniversary for the original due date of August 2023 for clarions opening.

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I'm in exactly the same boat. I've mentally written them off. Only holding because they're worth next to nothing now so may as well keep them.

There's a small chance they might bounce but at the rate Joel and the rest of them are pillaging the company in salaries those cash reserves won't last long.

Cash raise soon I'd expect and $4 USD will be a distant memory and not in a good way.

Last edited by MurriO: 26/01/24

IHL Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
6 Upvote

1 Great analysis

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