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Thread: TRU - Truscreen

  1. #21
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    Quote Originally Posted by BFG View Post
    Do you really believe they can make 10x yearly revenue by FY16 like they forecast in the prospectus? If so it puts PEBs growth rate to shame!
    Thats what you should be focusing on.

  2. #22
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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 ?

  3. #23
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    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!

  4. #24
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    C'mon BFG - isn't the $2m plus forecast npat in 2016 the number to focus on?

  5. #25
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    Quote Originally Posted by winner69 View Post
    C'mon BFG - isn't the $2m plus forecast npat in 2016 the number to focus on?
    Winner, your sarcasm knows no bounds. Neither does the opportunism of the backers of this entity

  6. #26
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    Quote Originally Posted by BFG View Post
    Winner, your sarcasm knows no bounds. Neither does the opportunism of the backers of this entity
    Winner has a wooden spoon for every company on the NZX , all different sizes according to how much mix is to be stirred before baking occurs

  7. #27
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    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...

  8. #28
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    Quote Originally Posted by ari View Post
    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...
    Bottle of vodka would be more apt in order to forget those days!

  9. #29
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    Quote Originally Posted by whatsup View Post
    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 ?
    So just who are the 1dot$ who are buying ( angles in the hope that the general suckers will catch on)

  10. #30
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    Quote Originally Posted by whatsup View Post
    So just who are the 1dot$ who are buying ( angles in the hope that the general suckers will catch on)
    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...

  11. #31
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    As a compliance listing, you wouldn't expect any lockup period.

    The last capital raising was at 10c. Does it say what the round before that was at?

  12. #32
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    [QUOTE=Harvey Specter;516477]As a compliance listing, you wouldn't expect any lockup period.

    The last capital raising was at 10c. Does it say what the round before that was at?[/QUOE]

    .0005 !!?

  13. #33
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    Quote Originally Posted by whatsup View Post

    .0005 !!?
    I thought that was a reference to SNK. So this really is SNK 2.0

  14. #34
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    Wash trading going on here in order to fool people that there is some real buyer interest .

  15. #35
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    Anyone wanting to know the history of listing and share raisings should read from page 75 onwards. Interesting narrative.

    Whatsup, it appears only 10 cents was the share raising price. 0.0005 does not exist either, the lowest a share can go is 0.001.

    I did note this little gem:

    "Trading Restrictions
    Each of CNL and Waitara Trustees Limited have entered into agreements with TruScreen whereby they have each agreed that they shall be restricted from transferring, selling, granting an option over, mortgaging or otherwise disposing of, or dealing with 75% of their shares in TruScreen until 1 May, 2015. This restriction represents 31.76% of the total number of ordinary fully paid shares on issue in TruScreen."

    The Sorensons are part of neither trustee, so they appear to be the current sellers on market and have higher priority than their "partners".

    What's good for the goose isn't good enough for the gander eh Mikey boy?

  16. #36
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    Quote Originally Posted by whatsup View Post
    Wash trading going on here in order to fool people that there is some real buyer interest .

    here come the start of the dump !!, Soreie wont be able to get rid of his/hers at this rate !!

  17. #37
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    I was "gifted" a whole 9 shares in this muppet show which means that I will have a SPP thrown my way sometime soon or I can sell and live off the proceeds for the rest of my life !!

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    Quote Originally Posted by whatsup View Post
    I was "gifted" a whole 9 shares in this muppet show which means that I will have a SPP thrown my way sometime soon or I can sell and live off the proceeds for the rest of my life !!
    I'll put a buy in @ 0.001 and when the lines are all clear from the dumping sell down to me. Sorenson will love that

  19. #39
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    Quote Originally Posted by whatsup View Post
    here come the start of the dump !!, Soreie wont be able to get rid of his/hers at this rate !!

    SLOWLY slipping lower .11 buy whatsnext ?

  20. #40
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    Quote Originally Posted by whatsup View Post
    SLOWLY slipping lower .11 buy whatsnext ?
    Whatsnext?

    #Sub-IPOprice!

    #soreheadgetssorer


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