Mate, don't personally attack Bowral.
You either have poor DD, or you have a motive. (or atleast a changed sentiment since you admitted that you sold out COMPLETELY)
"So Bowral, if you have never participated in the special circle or you are not a personal friend of management (you might care to comment), then you must be blind."
I doubt Bowral participated in the $5Mill Cap raise, as you are implying.
The Cap Raise included $4Mill from Jeffrey Markoff & $300k each from 2 Directors. Yes that leaves $400k from 'others' but frankly whoopdy-doo for them.
Life is full of nepotism, crying foul doesn't even the playing field. Get over it.
"I will be making complaints to government departments to ensure that appropriate corporate governance, and clear disclosure of company ownership and management ownership is mandated. "
Um... ok, if you must. But I think the convo will go like this....
SJB: "I lost some money on a speccy. The CEO gave free options to people he liked. Are you watching over these corrupt buggars??"
GOV: "Yo Bro, chill, we got dis."
Not attacking you mate, just saying that the Gov already knows who owns what.
Lets see what the details of the capital raise are, before we Lynch the whole company.
I bet tomorrow:
If the Cap raise is only for $1-3 Mill..... the naysayers will cry: "That's all they could raise, we're F*&^%D!"
If the Cap raise is for $5-10 Mill..... the naysayers will cry: "We will never get Kolorosi back, we're F*&^%D!"
How about, if we get $1-3 Mill, they are EXTREMELY CONFIDENT.
How about, if we get $5-10 Mill, they are protecting the security of the company whilst waiting for a third world government to finalize the paperwork.
It's all a question of perspective, isn't it.
Grub
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