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Friday, August 21, 2015 11:50:32 AM
Borenore Info <info@borneore.com>
9:42 PM (11 hours ago)
to me
John
To answer your question
Do you guys got a rabbit to pull out of your hat. Getting a lot of flack about how this stock is crap and fake. Need some guidance here. Sounded like this was ready to make quite a turnaround, then silence. Is this still on track that may boost share holder value?
Borneo has not paid any of its headquarters staff for several months including the CFO, who has resigned several weeks ago now because of none payment of wages. The office in Hong Kong has been closed for non-payment as well I was told. The companies lawyers and auditors as of last week had not been paid for previous work and invoices, so there is no one to do the work on the Q. I believe Nils is trying to take the company dark now. There was never a chance of a turn around as the funds raised by these convertible notes this last year, very little went into the Indonesian operations to build any meaningful revenue to repay the convertible notes which triggered their conversions and dilution of the issued share base.
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