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clock Created with Sketch. 09/02/18
15:24
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Originally posted by carnabombers
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OK guys, time is up for this lot. I rang the company and asked to speak to Jason Yeates (CFO) but of course he is in a meeting. I advised Sherry (receptionist) that he has 2 hours to respond to my email concern on the state of their finances or I will kick start a complaint to ASIC. Sherry advised that the management are all very busy at the moment (no doubt) but I told her that they are a public company and must communicate to share holders. - And then in the middle of this post, I get a call from Jason - very good timing. He couldn't go into detail (for obvious reasons) but did advise that they are working hard with the ASX to get the trading halt lifted and a disclosure will be made today and over the coming weeks. Jason was very pleasant and sounded genuine so I will hold off on anything until we get some comms coming through over the next few weeks. The Balance sheet is totally underpinned by the soar coins which I have concerns about. Jason couldn't go into detail on this but I will give them a few more weeks to explain their situation. I am still very nervous about this "investment".
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Good stuff Carnabombers, although I have a feeling this isn't going to end in good news lol. Either way I'm really looking forward to see what they have to say!
