re: Ann: Letter to Immuron Shareholders - Rig...
IMC management have a lot of question's to answer especially if we have a massive shortfall with this CR. WHY the massive dilution barely 6 months after our last massive dilution mid 2013. Within 12 months Imc shares on issue have gone from 300 million to 3 billion. SH HAVE BEEN RIPPED OFF.
Why couldn't the CR have been a Billion shares at .008 shares which would raise $ 8 million instead of 2 billion shares @ .005 ? I believe in the overall company's drug pipeline but with 3 billion shares on issue I dont see SP going anywhere fast.
P#$$€D @FF Shareholder.
IMC Price at posting:
0.5¢ Sentiment: None Disclosure: Held
