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Chaya

2,623 Posts.

1370

05/01/15

10:40

Post #: 14535941
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Originally posted by Lou222 ↑

They do, otherwise the quarterly will indicate that they will be broke by about April and that is flat broke, take into account the companies employee liabilities etc I reckon the board and Exec must be treading a fine line of being able to pay the accounts when due, a very fine line indeed.................

There will be a lot of companies going to the wall in the next 4 months and no use blaming the QLD gov, what happened to all those revenue generating activities in friendly countries to UCG. I think the board and Mgt need to be honest and need to tell the shareholders the position we are in, what happened to the Insto investors they promised late last year, what happened to the underewriting that did not happen and what happened to the sophisticated investors who did not appear......... Smoke and mirrors and the board and Exec should be very worried about there public claims about commercialisation in an environment where there is no legislative frame work to support such claims.

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Lou - I am not trying to be a smart arse but I have two valid questions for you -

Is your disclosure of 'Held' actually factual ?

If so - why the hell are you invested in this company if that is your opinion of this company?

CNX Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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