deception

Hi all

I just went back and read the Oct Market update, ths was half way through the month afterthey made a 6 million dollar loss.

if that update is not the biggest con job ever I dont know what is. They painT a picture of activity, growing work, increase utilisation of boats, ( which turned into underutlisation weeks after)increasing tenders etc etc

I said it once and I will say it again - Class action folks. This is the biggest breach of diclosure i have ever seen, not only did they not diclose the 6 million dollar loss, the did worse by creating a picture(as best they could of health) Now if it was a 500k loss, i would ay it may have taken them a few weeks to work out if it was a loss , or break even but a 6 million loss would have been obvious durin the quarter and defintely a few weeks after