ed eshuys to take the helm, page-9

Hi Folks,

GW......thanks for the memories. Mark Ashley raised a whole lot of capital from Goldman Sachs and existing shareholders before placing the company AXM in the trading halt. If I remember rightly the halt was unrelated to a CR then boom....a massive consolidation which had me trapped. I lost my shirt on AXM.

Many people got burnt by AXM then Mark Ashley flies off to Canada and takes up a CEO position there.

By the time Ed Eshuys turned up I was already on a financial respirator.

I remember thinking that Goldman Sachs would be unimpressed with their significant investment in AXM going sour. Looks like someone may finally have to answer for this.


cheers