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0.9¢ byte power group limited

Ann: Update on Synstream Energy Corp. Heads of Agreement, page-51

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msn81

769 Posts.

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09/02/18

18:52

Post #: 30956509
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Originally posted by carnabombers ↑

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 onya @carnabombers for pursuing this, and thanks for posting your response so we can all see.

Personally, I'm more positive about this now than before. I'm not going to try and start a rumour but I believe SoarLabs still have a part to play in building this exchange. IMO this would be a good thing, as I struggle to find anything about Noetic, anywhere, and can't confirm, nor deny its existence...

I was under the impression that SoarLabs actually removed all the Soar Coins out of BPG's wallet (and Alvin). So I'm glad they still have that on their balance sheet. If BPG and SoarLabs did part company, I would have thought they would have given their coins back to SoarLabs.

I'm keen for official news, but pre-empting something to the tune of "BPG and SoatLabs deal back on".

All IMO, DYOR etc, I've done mine

Cheers
MSN

BPG Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
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