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"You can always raise more capital" Not if people know its all a...

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accra2015

127 Posts.

25/08/17

13:47

Post #: 26760729
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Originally posted by futurenow ↑

You can always raise further capital

For what purpose?

Millions has been be burned for a number of years with zero results.

If further capital is to:
- promote an unproven product
- roadshow an unwanted product
- attend international expos to promote a conceptual product
- pay remuneration packages that don't match performance
- reduce the Govt R&D rebate bucket for legitimate businesses
- siphon monies to friends and family
- invest in illiquid and highly speculative ASX stocks
- prop up businesses weeks from administration
- perform due diligence on scam inventions

..... then the market has already seen this play out and the new/old Management team should shake the ATOs hand and return the ticker code.

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"You can always raise more capital"

Not if people know its all a scam !

LWP Price at posting: 0.1¢ Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

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