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silverfern - Sat, 30 Dec 06 :

Now you really are being silly, and I won't pursue further except to remind you that it is investors that own this comany and investors have not seen the chas - the annual report speaks volumes:

"During the year the directors considered the financial position of the Company
and in particular the level of current liabilities which mainly arose from the
accrual of unpaid directors' fees and remuneration since incorporation. The
relevant individual directors agreed to waive their entitlement to all amounts
accruing from incorporation up to 31 August 2005, amounting to Euro1,422,782."
So the 'profit' of 300k would have been a loss if contued owed monies had been kept on the balance sheet

Also your company further diluted your holding by issuing 20million shares in acquisitions, a further 15 million shares to raise working capital of 500k E. And of course you can read this stuff every year from the company.

DYOR and laugh out loud as much as you want.


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