I’ve been in for about eight years , was always positive about the future of ect , but the day a company representative rang me trying to convinced me to put more money towards the ELF scheme before the India deal was finalised , I knew I’d been done . It reminded me of all the other cold call scams you get .
I really do feel sorry for anyone that did take up the 30% discount and paid off some of their loans , as I’m fairly sure whoever I spoke to knew the India deal wasn’t going ahead when they tried to convince me .
To me this is the worse thing the company has done in all the years I’ve been a shareholder , worse than any of the many failures . I’ve always wondered if someone could be liable , but how could you prove it . I’m glad I didn’t take up the offer anyway, but had a lot of options in the scheme about to turn to thin air .
Didn’t really even need to wait till the end of the 3 year loan term though because their last spp at .001 with more options attached killed any hope of any of the ELF victims seeing any of that money ever again .
Anyway no one to blame but myself
I’d just love to know why the Thompson family keep pouring more money into this company ?
I hope in the long run it pays off for them
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