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Bullboard - Stock Discussion Forum Creator Capital Ltd Ord CTORF

"Creator Capital Ltd operates in the electronic gaming and multimedia industry. The company offers in-flight gaming software systems and services by developing, implementing, and operating computer based gaming softwares."

GREY:CTORF - Post Discussion

Creator Capital Ltd Ord > No Capital being Created
View:
Post by seattl20 on Dec 19, 2001 5:08pm

No Capital being Created

This is mighty weak. Pulling up the website from the news release shows a default page at some cheap hosting company--company didn't even bother to put up a "coming soon" page before issuing release.

Also, doesn't it look like Creator has not yet submitted their proposal to Air China? Two months ago we heard news about that, and the proposal STILL isn't there? I'm irritated. Existing shareholders are being taken for a ride by the company.

This news release contains no news. Neither does this forum, unless you count Warren's off-topic posts.

Comment by Oprah on Dec 19, 2001 5:14pm
Nothing happens overnight. The company is obviously committed to getting the most bang for each deal. Give it time. OPRAH
Comment by SAINTGOLD on Dec 19, 2001 6:08pm
COME ON seattl20, CHEER UP! In my opinion the Air China deal is not the deal that could make this stock do cartwheels...but.... the news release said and I quote "Business operations and revenues resulting from the land based locations in China have been increasing steadily since inception just over one month ago". That means to me that revenue is being generated and may be extended ...more  
Comment by planefly on Dec 19, 2001 8:34pm
What do you mean current shareholders are being taken for a ride? We're not being taken anywhere. If you mean the "old" current shareholders, we were taken for a ride by prior management, right into the toilet. This group is trying to take us back up, which is more than I can was done before. Beyond that, they're putting out news in order to keep us informed, even when they ...more  
Comment by seattl20 on Dec 19, 2001 9:40pm
Sorry, planefly, patience wears thin when we hear "news is coming, news is coming" over and over again. Where are the figures, and why weren't they in Creator's last financial statements?
Comment by planefly on Dec 20, 2001 7:45am
They weren't in the last financials because they don't cover the current period. Anyway, I'm not saying that any revenues are flowing through to Creator yet. Only that the business is starting to pick up in China. It's a slow process, and they don't want to release any numbers until they know what's going on. Otherwise, they would be accused by you and others of hype.
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