FGL 2.17% 4.7¢ frugl group limited

Article by WFI Head of Education, page-103

  1. 7,161 Posts.
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    You're right but same goes with the VPN - that was touted with so much sales bs and didn't deliver.... i don't even use the vpn now on both phones as when it fails to connect it blocks all my connections... I believe the directors 10c option clause was also due to amazing sales skills of those founders/ large shareholders...

    Recently there was a large off market transfer at 40% discount (which is now the share price) ... so it all smells very average... who knows though at this crappy level it may turn around...

    If you look at Cicero and the directors/partners, Matthew Walker, Keaton Wallace, and our top shareholders you will see 2 things - 1. a bunch of shell / penny stocks where money is being moved around in various forms (corp fees, raises) 2. These Large holders getting cheap/free shares on "placements" pumping and then getting out..

    MW now out of zip after it was pumped and burnt, and IAM. Unsure of the other shells
 
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