Clearly a case of insider trading/collusion which needs to be looked at. Not sure how this blatant stock manipulation is covered in the rules...
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Don't worry Rob, it seems those with vested interests will argue blue in the face that Directors are "all gud, chur bro" (at least while there's a blue arrow next to their shareholding...) while us outsiders will constantly bludgeon them with morality and ethical considerations (the holding of which precludes owning shares and therefore having the "right" to negativity about it).
It seems the unmoveable rock has met the unstoppable force!
Weird how the human mind works eh? ;)
After some internal deliberation I have decided to share my thought of the day. In this article here we see that Scott Bradley may or may not have a mullet.
In my view, if Scott Bradley has a mullet then this may be an indication of his business practices.
"Business in the front, PARTY IN THE BACK!!!"
http://video.cnbc.com/gallery/?video=3000350427
I think VMob can really help with a few things here....
Hey guys,
I've been following this VML thread for a while. After I saw the recent VML announcements some members sought to presume VML was dodgy and guilty of breaches against the FMA which I felt it was unfair (Admittedly I also questioned the statement myself).
I office shared with these guys when they were first starting up. (The company I was in was start up as well).
During that time Scott Bradley was very explicit about compliance with the FMA and he took a very serious position regarding any sort malpractice.
I don't know Scott well, but have been present when he has laid down some very direct warnings about any insider trading or any other sort of carry on.
Our company relocated office before the product was properly released, but I have worked with some of the developers there in the past (in other companies). I know these guys have been working bloody hard to get to where they are. There are some smart and dedicated guys there I know that for sure.
I'm certainly hoping that they can take things a lot further, it sounds like the McDs global contract was a real win for them. By the adoption rates it sounds like the product has been successful, at least in the pilot countries.
IMHO the < .02 price to acquire stock might carry high risk. But could also yield a great return.
Holding (small).
Allotment day today. 205,137,771 ordinary shares
https://nzx.com/companies/VML/announcements/260030
Why would Scott Bradley, the Director of a company, be talkimg FMA compliance etc with a pleb from another company that happens to be office sharing with his company (who, you admittedly said, barely knew you!)? Why would he also be laying down the law with this other company???
I smell something here, and it ain't an EPA approval! :D
BFG - you have obviously never worked in an open plan office (shared with other businesses). You can't use quiet rooms for everything.