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can some please help me understand

  1. 2,813 Posts.
    Why so MANY CR and Placements?

    Why not 1 LARGE CR and Placement?

    1/ bcoz banks wouldn't touch it with a barge pole , as they will look at income and expenses and forget the balance sheet and say "Mr Palermo you are the Chairman/ Company Secretary and an accountant to boot, how can you run a business based on DREAMS"

    2/ bcoz of bad management by Palermo

    3/ bcoz Palermo does not have a business plan (has anyone seen one), just DREAMS and SPECULATION

    4/ bcoz it's a CASH COW for Palermo and a quick get rich scheme CPPS and SOPHS

    5/ bcoz there are existing and new shareholders who get sucked into Palermo's DREAM AND SPECULATION

    History determines PNO over and over again

    Just on this current CR/ Placement of $2.1M, forget where the $$$ are going, but how many tubes of Thermalife have to be sold?

    Oh, how silly of me

    We have the POTENTIAL for licences etc etc (DREAM)

    What a lot of Bull

    Now is the time to take action and join [email protected]

    We have a PLAN, STRATEGY and will will ACT.





 
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