I believe that the majority of negative posts regarding this company come from GS's customers (MIS investors) who have been treated poorly during the Project Transform process.
Whilst their initial MIS investments have performed poorly, some have been forced, mislead or deceived into exchanging this poor return for equity at a 300% premium. (current SP = 12.5 cents)
In essence, these MIS investors have been shafted twice by GS.
A company that treats its customers (MIS investors) poorly is unlikely to have many customers in the future.
As the bulk of GS's cashflow comes from MIS investors, this cashflow is likely to vanish.
In these circumstances, Wooduk is quite justified in manitaining his negative views.
I believe that the majority of negative posts regarding this...
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