seo raise 250,000 on the back of the FD's son, the FD takes a non-exec position and all agree to not sell for 14 days after the annual results.
LOL!!!
1. Is the 14 day "agreement" enforceable? maybe not. that means they may be unloading right now.
2. seo is in trials with tray-lidding. TRIALS means expenses that seo can ill afford to carry.
3. seo has little or no cash in the bank right now. the last time someone even tried to raise 2,000,000 with seo stock, the price was 1p...yeah, 1p!!!! raising any amount of money right now is near impossibble with a multi-million damages award AGAINST seo about to be lawfully imposed...especially with a loss-making enterprise!!!
seo is currently f*cked and I cannot believe anyone still owns these shares let alone PUMPS the stock in an attempt to offload their shares to some unsuspecting stupid retail punter.
these shares ought to be sub-1p right now...
it's only a matter of weeks before these shares are sub-1p, imho.
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