X64 0.00% 57.0¢ ten sixty four limited

Tell me ST, how much real cash do you think X64 actually holds...

  1. 187 Posts.
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    Tell me ST, how much real cash do you think X64 actually holds and controls?
    Judging by the organisation chart, it is plain to see PMC is the gold producer and with that comes the revenue, right.!! IMHO, I reckon the majority of X64's reported cash lies in the Philippines in PMC's bank accounts. Do you honestly think, the Philippines government will just let funds out of the country?
    I think you had better do your DYOR and forget about BBs or dividends as in all likelihood there is no cash left in X64's kitty.
    If you check the SEC records in the Philippines, you will see all X64 directors and executives have been removed from the PMC Board, which means they have lost control of its asset in the Philippines. This is something that petrifies me.
 
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