When has anyone ever seen a major billion dollar finance announcement without; 1. The disclosure of the name of a major resource company backing the deal. 2. The disclosure of the names of A major bank or banking syndicate financing the deal. 3. disclosing the basic terms of the deal.
The scam was staring everyone in the face.
Nonetheless it has happened and it is gross negligence on behalf of the company directors. Litigation funders should be all over this and get a settlement without going to court.
PDY Price at posting:
3.3¢ Sentiment: None Disclosure: Not Held