ISN 9.09% 6.0¢ isonea limited

Sounds like there is alot of dreamers on this thread think...

  1. 8,443 Posts.
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    Sounds like there is alot of dreamers on this thread think Michael Thomas is the be all and end all putting all their trust in him to increase revenues.

    Might pay these people to have a look at the quartily statements and find out how much Michael Thomas has been able to do to the cashflow!

    Last 6 months $4,000 revenue compared to $367,000 in revenue that the old management turned over in 12 months!

    Big difference the only thing Michael Thomas and the new board have managed to do so far is heavily dilute the company with 2 capital raisings, spend money listing in the US which has had only ONE trade since listing and spend $1.5 million.

    Futher dilution on the way at current burn rate.

    So as you can see the US investors that were said by many on here would snap up millions of shares in the company were full of hot air and goes to show US investors simply are not interested in the company as US presentations clearly done nothing to generate interest in the company.
 
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