How many of these company's gives out 100m shares to IS' s and tells them they can pay for them after they sell them?
How many have collateral shares dumped on market given to them by an undisclosed loan to a Partner. Before the loan was even due.
How many have a 10% partner stop all testing. With management who have worked as a consultant for the other minor partner.
How many would not disclose a fall out with the operator?
How many would have a junk asset dumped on them from a minor partner where the director sat on the others board. And the board of the subs to that project. Not only releasing the minor partner from all funding obligations on a well that was to be a company make. But ends with them owning moneys and diluting share holds.
A project that is held as security for a loan by another. A loan set up by the company's director on the previous board.
How many announce a $5m funding deal which was claimed to have money to continue on a well stopped in mid test. Then have that turn into a bridging loan. With money only for a Junk asset that despite multiple wells and fraccing is only producing 56bopd
How many of those company's refuse to release their half years.
How many announce a 100-1 consolidation. With no funding in sight for the untested well.
Can you give us a ASX code of a simpler company gassed??????? No??????
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