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.
Poor Phorm (PHRM) …it will have run out of cash within six weeks and so unless it can get away yet another fund raise it will be toast by Easter. But before we look forward to that, I have a number of questions for Phorm and its former Nomad Liberum about events back in 2012.
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Comments
wildrides
Blimey ……… seems this Phorm has substantial form .
Hammywheel
Any news from Mafeking ?
Duck and Dive
I assume you’ve read this discussion:
https://nodpi.org/forum/index.php?PHPSESSID=dd26hpkbqpp5vqtd2ul8rqsdf4&topic=5000.0
I suspect that a company called Victon Services Liited could provide the key to unlock this mystery.
It may even transpire that the counter-party to the “Chinese City Investments Limited” (or is it “China City Investments”?) deal was none other than Phorm itself…
Hammywheel
I wouldn’t visit that nodpi site. They’re notorious for their lack of privacy and have in the past passed around confidential data on users. A disgrace. Beware !!!!
Hammywheel
Nice China news today eh ? Most amusing for those attacking the company !