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IMHO there is nothing positive to say about PSY. The company has...

  1. 1,244 Posts.
    IMHO there is nothing positive to say about PSY.

    The company has been around for 20 years promising the world. They were just as upbeat about every other one of their FAILED technologies.

    Here is a 2011 ASX announcement by Aidan and Terry about the "Lead Generation Machine" which was going to revolutionise online marketing worldwide.
    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01161092

    Here's an October 2011 announcement about their highly important magneto-optic patent.
    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01227431

    Here's another "breakthrough" with massive potential from 2012
    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01333002

    How about a "revolutionary" magnto-optic switch?
    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01086055

    Going through their ASX announcement will find many more examples of their unwarranted hype.


    None of these announcements did anything more than temporarily bump up the price before it crashed out again.
    Last edited by Bris Vegas: 26/03/15
 
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