Fair enough, here it is; someone mentioned that they could not get through to the company via the landline stated on the company website, so I felt compelled to investigate (after all my own money was on the line).
After failing to identify a working phone number and after checking both ASX records and company website without successfully resolving this issue, I decided to start digging a bit deeper.
By googling the company’s phone number another company came up (mentioned in my previous post, which you would be aware of if you have read all my previous posts as you say). This company makes mention of JAT and an alleged distribution agreement announced through ASX. However, I was unable to locate this ASX Ann on the ASX website. Consider then the fact that this other company also cannot be reached for verification as it shares the same address as well as the phone number (which as we have stated, is not working).
This made me feel sufficiently uncomfortable with leaving what I consider a substatial amount on the line and decided to sell. Selfishly, I did so before announcing my findings here.
Now, you are 100% correct in that I have been fairly confident that this company would be successful. And that has not changed provided the company checks out. If it all checks out, which I will know within a day or two, will happily jump back in. But I will not leave it to chance. If I sell wrongly the worst that can happen is that I miss out on interim profits. However, if I wrongly stay in - we’ll let’s just say that I do not like to part ways with money. And believe it or not, I have actually been pretty successful in avoiding losses in being this careful. I have no doubt missed opportunities too, but I haven’t lost anything of significance to my personal botttom line.
Whether you think I do well with my investments or not is irrelevant to me
Add to My Watchlist
What is My Watchlist?
