Equity investment, page-177

apologies Wubing - I just found I used the Options holding.
As at Sept in last A/R LWP holding in MUS was
Ord 1.92m x 5c = $96,000
Options 500k x $0.005 = $2,500
Total = $98,500.

whilst that is probably a good return on funds invested, it will not recoup the losses from Graphenera, it will not recoup the losses on other equity investments, it will not recoup the losses from the Pune investment, nor the losses from the investment in ceramic proppants, which to date have secured no sales, and which presumably will have to write off the investments for the reasons provided in the last post.

LWP has no business operations currently - it has invested in FRB, and the multitude of speculative investments, because its designated business is caput, and it is floundering to find a replacement. And like many politicians, the best way to take shareholders minds off the debacle, is to focus s/h minds on something else - like equity investments.
Gee we made $50,000 on MUS (but lost $770,000 on Graphenera scam by VV).