So lets be a little blunt
- "Assure Fast Holdings" are apparently not living up to their name .... have been diddled by their bank, or have decided to economise on wire transfer fees send the entire $2+ million via a flotilla of directionally challenged carrier tortises suffering attention deficit disorder.
- Whether by design, omission or something else, Metal Storm seem to be both unable to get the cash and are unable to tell us about it at COB each day. Unless they're playing an extended one sided game of "we know something you don't know" there's really no reason for silence (even if it's along the lines of "we have no idea why the money has not arrived")
- the intermediatiary bank (or fleet of carrier tortises) apparently can't report on status either.
so .... would anyone like to put money on the fact we, the shareholders, are going to get screwed here. The company will go into administration and everything will be snapped up by the eagerly waiting note holders.
Actually, don't bother putting any more money on it, we as shareholders already have !
I am unbelievably dissapointed with the board and their "false messiah". They have either been taken for a ride or in on the coup and have been brutally dishonest with us. What use is a backer who can't send money in a month when the rest of us mere mortals seem to be able to do it in a day ! What use is a board so gullible they fall for a sting like this. All Assure and the Board have done is burned the last of Metal Storms time .... which is now pretty much out.
Anyone else know of ny other great australian innovations we can watch raped and pillaged like this one ? I'm starting a scrapbook to but my worthless "raped innovative australian company" share certificates in. :-(
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