"MMZ no announcement relating to what they do with their cap raising money's for a whole year.
SSS...now PZC when into administration trying to sell free fish from the ocean...now say they are Indonesian coal miners in Kalimantan.
RTL...well....their story is hilarious and I am surprised they are still listed."
BB, I am baffled by your post to say the very least. Based on the examples you gave, SSS, RTL etc, I cannot see what is bad about them?
SSS was a shell company which had to have a new business direction which was exactly what was achieved there. What is wrong with trying to "sell free fish from the ocean" anyways? It was a business idea which was put into action but it didn't work out. Hey that's business, and not everything pans out as planned. Now they have a new venture being coal mining. And with new venture the share to re-rated. What is your gripe??
RTL is in a similar to what SSS was, a shell company. They are now looking to "back-door" a new venture into it. Again..may I know what is wrong with that?
And it goes without saying, if we get in early on these shell companies before they get into a new and possible successful venture, then of course there is money to be made and hence the excitement.
BB you are quite wrong in your accusations here imo.
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