Stockbridge lie regarding results being on track with 5 year plan

[simplythechamps08 2]

I re-read some of the IPO literature last night and noticed that projection for the 1st year was £6.5 million loss, a long way from the 14 million loss we actually made. Even more concerningly the IPO literature was written after most non-recurring expenses had been paid so there is no obvious excuse for such inaccuracy.

Surely regardless of your opinion on the board Stockbridge must step down if responsible for those projections as they suggest at best incompetence on his part. He also blatantly lied to shareholders when he said the results were "in line with our 5 year plan".

[bluepeter 5,627]

Yawn. Plenty other threads on this subject.