The announcement says that the warranty could be triggered. Does this mean that the promoters have to stump up some cash, or for-go some of their shares?
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Am I retarded, or is their website completely devoid of pricing information?
How does one buy the thing, I wonder?
Of course not, I was curious as to the product itself and if it could be truly as bad as some suggest. Went to the site to have a look. Couldn't see pricing or much at all really.
If i'd been in the market for their solution, I would not have made initial contact based on what I saw.
Lend Lease have signed up as a customer! Talk about name-dropping...why haven't they taken this approach previously and outed their signings?
I hear DILs broker McDoall Stuart is being audited by the NZX . Would this be in connection to the DIL shambles or possibly the Rakon issue last year? Any thoughts? Misc
I made posts on this disaster before listing. They were pulled under threat of legal action. Of course, what has transpired is completely consistent with my analysis.
I can not mention the name of the organising broker for legal reasons but a second dodgy company they tried to list was Taupo Motorsport Park where they revalued the land and put it through the income statement above the line creating a completely false impression of the company itself. Luckily that listing didn't go ahead.
It is interesting now how the dodgy companies can blame the credit crunch for all their ills. Along the lines of "it was a great idea.........but unfortunately the credit crunch has affected our forecasts etc. etc." :mad:
I hope this post is read by a few people before it is removed. Have not posted for a long time because of previous legal threats. I do not blame Sharetrader for removing them incidentally.