FGL 0.00% 1.5¢ frugl group limited

Sellers, page-41

  1. 7,161 Posts.
    lightbulb Created with Sketch. 517
    Yep hands are tied @Jasventure majority of "investors" have had their investment decimated for a variety of very good reasons... We know about the past and effectively now the company is a public listed company with a good but not exceptional or revolutionary VPN only. How much is a VPN worth? How much is the WGL technology worth now it has been "rebuilt" because of some idiot told WGL need to comply with ACMA/CAC legislation?

    This should not be a public listed company frankly it is too small and insignificant of an operation and hence the new RTO laws have passed where WGL would never had passed on multiple fronts..

    Where did WFI come from exactly? It is a spin off the WGL infrastructure which is tied up with ACMA/CAC compliance issues? Why would international users sign up to metadata capture? I am bloody confused...

    Why are WGL selling the 'data savings' through studentedge and social media? There is marginal data savings if any and material savings would literally be in the cents per month...

    We know the App is good. Why not sell it as an Australian company protecting Australian's? Why not approach companies like Qantas and get them to pay the bill for their staff to have it installed? Get some material deals?

    It is ok for WGL to roll out all these projects because it is a public company and we as investors will fit the bill ? We will pay for the costs to keep it in business, the auditing, the buddy buddy deals,

    Seed investors , large holders etc have been selling as this is as good as its going to get...??
    I'm telling you 0.005 and cap raise is going to happen with attaching options and this will hang around the 1c range for years to come if it hasn't gone into administration.
 
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