10 Billion Shares in Issue
10 Directors and Senior Management members
Okay folks some midweek chatter and perhaps a reality check for all the investors awaiting a significant rise to: 1p fantasists 10p and Martians £1...
Lets look at 2013:
Issue of equity announcements 8 times
Start 5.5Bn shares in issue
To Date 10.39Bn Shares in issue
Guys I don't want to piss on any ones chips here but you have a company that have issued more stock than Lenigas on meth amphetamine!!!
Retail investors need to get with the reality of this company who's major shareholders are mainly nominee accounts (Other words Joe Bloggs down the dog and duck)
I was tipped to Buy and asked to cover Motive (MTV:Ln) In the last bunch of accounts the company appear to be losing three times more than they are making yet reducing there loss by 18% wow...
There tangible assets hold little value with the intangible assets £9m or in other words the company is losing cash quicker than global bankers and really have a book worth of potential which may or may not come to fruition but the question i would be asking right now is does it take 10 people to make a royal cock up?
The company are burning much more than they are making and are setting the benchmark lower than a snakes belly in the self harm of dilution...
I'm not going to spend to much time looking at the product's and services as it could easily be snatched away from them when you look at the state of affairs on the surface...
Good luck to all holders and if there is a sniff of profits then lock them in...
Until next time kitty Kats
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(These are but opinions derived from my own experiences and thoughts and do not adopted as statement of fact)