PET 0.00% 2.5¢ phoslock environmental technologies limited

These guys are a bunch of very questionable characters...I was...

  1. 868 Posts.
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    These guys are a bunch of very questionable characters...

    I was in every meeting for the last 2 years (public meetings).
    All we every heard from them is everything is tracking well:

    Big projects on the horizon USA (didn't happen - nothing eventuated).
    Manufacturing in USA (didn't happen - far as I'm aware) back to China.
    MISC Salesman hunting down job opportunities for us. - Then getting told this has been less than eventful.

    This is tainted beyond measure. The quarterly's have been less than pleasing for SHs and where people think the best idea is to 'average down'. I'd be very cautious when they have time and time again got Infront SHs during these meetings and almost nothing what they said was happening or going to happen was actually on point.

    All my opinion. I'm disgruntled with this mob as the next person. Did take a 60% loss at 10c mark, bought back in at 4c... I do believe in the product and do believe that for a few years there we were actually doing good things for the world. However it's hard to actually know how well we were truly doing.

    DYOR... waiting... for the next 'real news'.
 
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