ERG 10.0% 1.1¢ eneco refresh ltd

inform more holders to vote no by..., page-16

  1. 172 Posts.
    Thanks for 190 viewers click this title,major shareholders must be among them.
    For them, Never mind leave or stay, They left nothing now.

    It's not for the business fail, but for the kidnaped board is trying to finally grab all. See the new monthly cash flow, only -$2.6m, but they took away more $1.6m wage, income only $7m/morth for a large compnay when all project 90% were completed ? Unbelievable. Assuming anaul profit is $30m ,ERG's P/E now is 0.232!

    If they vote "YES", The loss will become fact. But if vote "NO", they still have legal rights to get back money by group legal action and final audit ERG's true value to make sure the Big boy only get back $110m loan, so after pay back to his lenders he will leave little. Our group could get $100m. Jion the legal action group by send contact to "[email protected]".

    Those sort of fund's value shrinked to 2% only, like AFG,BNB,CGF which I was short selling them from $9 to $0.14, $30 to $0.5 ... Their money all will burn out in the crisis if they grab back. They had better leave the money in ERG to get more positive cash flow. ERG's shareholders have not responsibility to bind with them to sink.

 
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