As Ricky used to say....BOOM!!

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Dutchie9191

175 Posts.

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29/03/22

09:39

Post #: 60483242
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Originally posted by IronChef ↑

Ladies and gentlemen, the magic of Yacov Geva and his Amazingly Ethical Board.
Are we wondering if the collapse of Brendan de Kauwe's Otsana was connected?
Ever since the alleged death of the alleged NMPA inspector, this has been a shell game -- empty announcements and then moving to different jurisdictions to dodge scrutiny for said announcements, hoping for a score thru some exuberant market valuation mistake, rather than creating a core business and delivering.
Having read the writing on the wall of China NMPA, and fearing they might become accountable for statements to the market, their only shot was to leave ASX in hopes of finding a US underwriter dumb enough or unethical enough to fluff up an overvalued Nasdaq IPO. But nobody was stupid enough without massive consolidation.
Three full months into 2022, still no figures for H2 2021.
Pivot to a whole new product -- a generic one with no IP -- so now the business is about on-selling a commodity. Not transformative, nothing original. Selling potatoes at market, and not even being a potato farmer.
No life signs for their flagship product, which they admitted they couldn't even sell without paying Guthy Renker for their cutting edge sales technique of late night infomercials. And two months after this was meant to have begun -- still not a peep.
Naturally. This is Yacov after all. The guy who wouldn't attend his own AGM. Failure, upon failure. Disappointment on a daily basis.
Worst company on the planet.
(And don't get me started on the pumpers and cheerleaders here, especially the ones who strangely stopped posting a year ago, at the end of financial 2021.)

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As Ricky used to say....BOOM!!

GMV Price at posting: 3.9¢ Sentiment: None Disclosure: Not Held
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