One thing that gets fair up my nose is being led down the garden path.
I invested two years ago in this company on the basis of the announcements re Wangle technology with potential to access billion dollar markets.
Since that time, I have seen people walking in and out the door, suspensions, administrative errors that landed the company in Court, debt, and now an app that is an appendage to free Social media advertising educating families on cyberbullying issues.
The process to reach this point has spent in excess of $4,000,000. and produced $12k in revenue.
Now they have got their claws on another $3,000,000 plus due to the recent CR
Just consider the business that could have been built with $7,000,000.........$7,000,000 spent on an app.
Below I have listed what some enterprising individuals have achieved with an APP without having $7,0000,0000 given to them on a plate.
........AND WHAT HAVE WE SHAREHOLDERS GOT FOR OUR INVESTED CASH.....UNCERTAINTY, SUSPENSIONS, DEBT, CHANGES IN DIRECTORS/MANAGEMENT, ANNOUNCEMENTS REFERRING TO BILLION DOLLAR MARKETS AND THEN THE PLANNED TECHNOLOGY DISAPPEARS OFF THE RADAR, ADMINISTRATIVE COCKUPS RESULTING IN COURT CASES AND SUSPENSIONS FROM THE ASX, ........AND A SHARE PRICE OF .002 OF A CENT WITH NEARLY 2 BILLION SHARES NOW ISSUED.
...........and now we move to Brisbane and its all going to change.
REALLY!
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