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Sector

35,472 Posts.

2863

01/09/22

22:33

Post #: 63473085
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Originally posted by Sector: ↑

"Last month, ColorTV was forced to concede – in response to repeated queries from the ASX – that it was unable to even explain its financial position. In any case, there was almost no cash left in the bank, just $290,000. Factoring in the advances received on its invoices, ColorTV was in the red."

another tech wannabe down the drain......VA today finally.

tech dogs and hype.

Only 3 of the original "top tech" 2016 STT companies listed on ASX remain green.
and only 8 of the original 16 remain listed today with half + 70% losses

who remembers IAM and the shill WA broker "Forrestfield" and buddies like 952i and Gladiator.
I had sussed him out years ago and had a few run in's with his pumps...no wonder he was who he was as a promoter.
but the other 2 I trusted......but they were known associates/buddies

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9SP looks next
insidious and a zombie

minus 98% since listing, and I always called it a no IP sham.
1 Upvote

0 Great analysis

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