Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
AIM listed Golden Saint Resources (GSR)is out of cash and as we explained earlier HERE it is trying to raise £250,000 via a crowdfunded debt death spiral and even if it achieves that it will still be bust before Christmas. Our target price is 0p. But joy of joys you can now watch Golden Saint die live on screen - so far it has just raised £800!. This is such fun..,
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Comments
Barford
The company seems to have lots of Nominee shareholders presumably small investors of whom I imagine are the same ones on the platform…
Perhaps Cyril will dip in his pocket for some loose change to save his company …?
drunken sailor
I have not had so much fun since I last watched paint dry! I thought I would liven things up for myself by watching the glitzy video, but as I nodded off I accidently hit the log out button and cannot find the motivation to log back in again. Hey ho another 90 days of this excitement to go.
Absolute
Great video for a charity. Why don’t they reregister as such. The good works funding public would flock to it just to fund the schools. No pesky shareholders to worry about. Foreign aid to dip into. Oversight by the Charity Commissioners so not as onerous as AIM. Boundless advantages I think.
Tom Winnifrith
But this is a charity, a needy fellow in Asia called Cyril de Silva has a collection of classic cars to maintain, surely we all knew that
t
Absolute
Classic cars would be ideal for a Charity Treasure Hunt. One for each of the shareholders to drive at breakneck spped. They’d raise more then £800 I think. Do you think he’d be game for that??
Tom Winnifrith
Update – now at £1100. Not v good for a company that in the first 6 months burned c6k per day. So I guess a net outflow of only 5k today…
In fact it is worse than that, a stack of other shocking titbits tomorrow and this slo-mo public execution looks set to provide daily entertainment for quite a while yet…
Developing :)
nigel somerville
Well it is 7am and no new funding overnight so I guess on an 8 hour sleep that’s another £2k gone while we were all in bed.