would be nice to know how much of that £8M has gone on bod salaries and business trips!!! - Disgrace...
so in my reconing since 2011 mtv have placed or loaned £8M - and have earn how much per annum??????
you know what they say - a fool and his money........
a 30% loss in a matter of days!!!!!!!
also the placing took place at 0.00125 and somebody paid £350,000.00 for 280Million shares - if they tried to sell them today they would only get back £252,000.00 so those poor sods have lost themselves £98k in a matter of days!
so with a mcap of £477k - if you deduct the £350k the board has just recieved in cash that wont last 2 minutes - does this equate to the company being worth £127k - therefore the real mcap is £127,000.00
this would need to bag over 100 times just to get back to the years high!!!!!!!!!!!! - unbelievable
so the entire board of directors including Kaza who has since left currently hold -£380.61 worth of shares BETWEEN them!!!! what an indication of their contempt for genuine share holders
Also - why is Kaza still shown as being a director on the website ? wonder if he cashed in his share holding - if he did today he would have recieved £33.25 for them before the cost to sell.......no wonder he left this sinking ship
so anyone spending £500 on this pile of cack would own more shares than the entire board of directors!!!!! now that shows confidence in the company from the board - NOT!