I honestly believe they know fully that this isn't a proper business , a going concern in the making revenue sense, as investors we have well and truly been scammed and sucked in with pure BS. |
Ian price once told me most of their projects were entirely fabricated. Like literally made up |
yeah, right, that would mean taking some responsiblity for the Shi# show |
A big rush of buying by the board should steady the ship |
struggling to get away from 2.20 |
AIM is a gamble !
So the better adage is
Only gamble with money you can afford to loose.
Such a shame this is where it is today. |
Simple lesson: Don't gamble, with your money or anyone elses. |
And yet they will keep extracting those big 'well earned' wages, they clearly no concept of cut your cloth .... |
Yes Steve, it’s a worry. |
Still no details of Italia MDC post this Bank advance. No operational stats in a year since start up which is disgraceful and indicative that their much trumpeted tech is not performing. No financial details of operations of this plant in 14 months since commissioning began January 23. No financial details of how the bank loan has been applied incl what part of the refi, if any, has been paid to EQT.
Silence, silence, just silence because their showcase project has been a massive flop!
So what about the rest of them? North Fork. How can this be any different and what liabilities will Eqtec face if this is another start/stop operation and loss making plant? Larissa, Greece. Stand off with the commissioning of this plant then the floods. Will this be a write off?
Will they have any credibility left for any projects at all? |
This situation seems to be getting worse. |
The patient needs some oxygen badly, no Palumbo, that doesn't mean suck the last bit of blood from the corpse! |
What a horrible mess |
If only, that is really clutching at straw. where is the hope, not on the back of another struggling company that's for sure. |
The positive news on PHE should generate some hope here |
Investors have been scammed for sure, will this ever recover and what time frame, that is the question? |
It is and always was a startup and thats a major risk that many investors should not take with their money, unless you want to sponsor new tech in a new business.
If they’d come to your house with the story, would you have handed over a briefcase of cash ?
The only difference is that a float appears to give legitimacy, along with all the well polished presentation.
If the BOD had come to your front door, you might have asked them what they were going to earn and then decided they were a bunch of scroungers who should be using their own money for the startup.
Scrounging is not confined to people on universal credit who have no intention of working.
Which one is a worse blight ? |
Further subscription delay re. Verde this morning. |