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The facts are a bit hazy after 5 years, but I'm pretty sure...

  1. Damo79
    1,233 Posts.
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    21/10/09
    00:24
    Post #: 5808141
    The facts are a bit hazy after 5 years, but I'm pretty sure there was never outright falsification. From memory, it was just an endless negative cashflow funded by a series of share offerings at lower and lower prices, which were accompanyed by glowing announcements of the deals being signed. All of which never materialised.
    NBS Price at posting: 33.8¢ Sentiment: ST Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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