Management's Shoes

Good Morning All,

With the last thread having over 150,000 views and over 500 posts, I think were well overdue for a fresh thread and hopefully one that goes in a healthy direction. Focusing more on the company than individual posters.

Firstly to get started, for all those frustrated shareholders, can you please actually try and put yourself in management's shoes when you're reading this. Please don't just start singing Shannon Noll's 'What about me'

Now, in a mere two months, we have 150,000 views! Like seriously 150,000 views! Nothing has been announced or leaked, yet the threads continue to go crazy. Cicero is seriously high profile and yet they do so much to keep a lid on things. Meanwhile, to put everything into perspective, we have another highly anticipated stock in suspension, the Otsana shell CR8, which hasn't even had 20,000 views or 100 posts in the last two months. SRT has more than 5 times the attention that CR8. If you think about how management feel about this, I can imagine they are shitting themselves a bit, treading very carefully, they have a huge reputation to uphold not to mention if they make a mistake there would be a bloody class action law suit against them. The consequences are huge and yet we have holders ringing the Cicero phone on a daily basis expecting for a miracle to happen.

Management must be seriously frustrated, not at needy holders but because they have their own capital invested here, they have a revolutionary tech that needs funds injected in it, they have 4million in the bank but can inject only a mere $100,000 'loan' into it every now and then. They have first mover advantage and yet it's not moving. They keep thinking they have this figured out and yet keep getting knocked back. Honestly, it wouldn't surprise me if Mathew Walker retired after this, he has become too high profile.

So, What is Happening? We can only guess.
My guess, quite simply management are fighting red tape. ASIC and the ASX literally must have invested in red tape earlier this year because it is booming. If the deal had settled 6-12 months ago, I bet deadlines set wouldn't have been missed (ok maybe just 1 or 2) but honestly they are re-writing the rules on front and back door listings. If you are diversified mostly in the speculative world, you must be like me and suddenly have a huge risk called liquidity!! Stocks are falling into suspension without warning and are threatening of not coming out in this calendar year. For those that haven't had any experience with a regulator or governing body, simply it is challenging. Oh and to add to the red tape, I really hope they are wearing it from condtional agreements from the big 4 and amp.

Lastly, too back up my opinion with a shred of evidence. Below is a timetable that was released on the 31st of March. I assume this was released because management started feeling the heat of shareholders and they felt like they had control. Only a week later, the first 'deadline' was missed. Simply management put themselves into a position that they thought they had control over and then the phones went crazy.






Since then I believe they have changed their strategy and realised that nothings going to go to plan. Why give a deadline that they just aren't confident in.

Anyway, I hope my input doesn't start a war. Have a good weekend everyone.