DetailsMost of you can't seem to see the forest for the trees! You are all missing the fine details of this management! Take a look back at all of the financials, and see just how much they have written off to bad investments in private company's, and continue to do so. Private company's that Lenigas orchestrated LGC's involment and investment in. Well, except for ETEA, which was put together by Mazen Haddad, and the owner of ETEA, is a pesonal "Friend" of Mazen's. The Valuation of LGP, was arrived at by a bid by an existing investor, at .40/share, of an unlisted public company, which makes LGP worth less than what LGC paid for their shares. With all of the "Firsts" that LGP has supposedly achieved and is the market leader in Australia, why are they an unlisted public company in Australia? One would think that is the perfect place to have a listing! Who set that up? who is this "Existing shareholder"? With all of GCL's harvests to date, where is the product? There have been no reports of sales or offtake agreements? With EVB, why, when they cannot close the deal a year later, are they still pouring money into it, while one of the employees, has set up a different business, to compete with EVB? Where is the product that has been harvested by EVB, and who owns it?
And that is only the beggining!!