BLV 0.00% 1.6¢ blossomvale holdings ltd

iwheeler.Im not sure what your point is when you state 'they...

  1. 567 Posts.
    iwheeler.Im not sure what your point is when you state 'they sure know how to spend it fast'
    Are you suggesting that it remains in the bank?
    If so, for what reason? The company is in rapid growth and all resources are being maximised,as they should be.

    I for one have lent them money to use it to make more.
    Counting $s on the bank statement at this juncture will get neither the company or myself anywhere.
    Assuming that you are obviously an investor the adage "speculate to accumulate" shouldnt be a stranger to you.

    There has been two good announcements in just over a week and still the knockers are having a go.
    If things are not happening quickly enough for anyone
    there is a very easy answer,get off and try something else.

    NMS have just announced that they are working for Apache, which is no doubt a direct result of their trip to New Orleans,the damage Katrina caused and the subsequent urgent need for companies to look at anything new .There is a lot more than one oil company in that neck of the woods and there is thousands of klm's of wrecked pipeline still lying untouched on the seabed.

    They have just been granted the US patent which will open even more doors,not just within the US but anywhere American oil companies have a presence.
    Not to mention the influence this will have on the many other non -US companies which look to them as the industry leaders and in a very competitive market cannot afford to be left out.

    This will also have a bearing on the EU patent which is still under consideration

    More aquisitions are planned.The first of these 'Allied Diving' are paying their own way and much more.The new board is not even a year old and revenue has doubled.

    The only bad side to this story to date is the fact that the sp was grossly over priced at $1.25 at a point when there was no justification for it and many people topped up or bought in for the first time.However,they will get their money back and more.

    In the meantime it will be a gradual climb back up there with hopefully a lot less hype in the process.Knocking them without justification will only deter others from benifiting and delay it unnecessarily.
 
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Currently unlisted public company.

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