Thats what you should be focusing on. ;)
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So reading between the lines ( of a SNK nature ) and if the angles paid .0005 per share for their last round of shares that they will start dumping sometime soon as , to my knowledge there is no condition in place preventing them from doing so, but if there is a C R then that will put off that happening until post C R .
With this in mind no one but NO ONE should want to touch this "investment " until the S P has returned to some where near its true value and guesses as to what that is is ...... ?
How much did you say the losses were up until listing ?
From page 11 states FY14 resilts as being:
Sales - $19, 000
Loses - $1.5M
Accumulated loses of previous entity were $86M (page 45 onwards).
The "Limited Disclosure Document" is really quite the opposite; quite revealing.
I haven't had a look regarding lock ups yet, but if there are none (which I would not br surprised at all if there weren't any!) then we all know what's coming with Sorenson involved.
Folks, please save your time and money and invest elsewhere. I cannot stress this highly enough. I'd like to save everyone the pain of another Plus SMS/Aquaria/Snakk debacle! :)
C'mon BFG - isn't the $2m plus forecast npat in 2016 the number to focus on?
I see I am now the proud holder of 482 of TRU from Claridge days.......$67 less brokerage = $37 perhaps good for a few coffees...
I suspect the same Wellington boys who called VML (another Sorenson investment no less!) the "penny stock of 2014".
The only winners here will be the pre-IPO investors (35 in all I believe) who got in at mates rates and are ready to dump on que. And we all know where the SP ends up once the dumping starts...