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1.1¢ cbd energy limited

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b_patterson

761 Posts.

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13/06/15

14:55

Post #: 15461612
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Originally posted by b_patterson ↑

Let's not get carried away by the press release.

The BlueNRGY website doesn't appear to have been updated since mid-2014 except for a job add for a Java developer (not a good look, inactive website and asking for someone to come in to turn on the lights)

A LinkedIn search for the listed directors shows a couple who appear to be siblings and have history in the Seattle/Vancouver area with Dubai activities for spice. Been burnt in Vancouver before.

The Executive Chairman who put out the press release doesn't get a mention on the website, not even his press release.

There is no news on the publication/regularisation of the accounts that led to the delisting and Gerry's legal problems.
No mention of CBDe or BlueNRGY legal problems http://www.rosenlegal.com/media/casestudy/191_Initial Complaint _CBD Energy_ -WEB.pdf

NASDAQ listing probs
"On January 26, 2015, the Company received a letter from the Panel granting the Company’s request for continued listing on the Nasdaq Capital Market. In order to maintain its listing, the Company is required to meet a series of deadlines including filing its Annual Report on Form 20-F for the year ended June 30, 2014 (the “2014 Annual Report) by April 30, 2015. " http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10433047

http://www.prnewswire.com/news-rele...gement--governance-adjustments-421059847.html
http://www.marketwatch.com/story/cb...-businesses-outside-administration-2014-11-13
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10433047
http://www.westinghousesolar.com.au/cgi-sys/suspendedpage.cgi

This company is presently dead, possibly awaiting dismemberment and re-stitching into a new Franken-company.

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Twitter and Facebook feeds also inactive.
https://twitter.com/bluenrgy
https://www.facebook.com/bluenrgyllc

A number of Australian companies using variants of BlueNRG or BlueEnergy but no BlueNRGY.

CBD Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
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