First in March 2014 they were going to issue 241 million shares at$00.09. to take 20 million.
Next on 19 March they have conditional hot air offers, to place 15 million dollars worth of shares, at $00.09.
IDC then finally in March raises $3.4 million by placing 38 million shares at$00.09.
This is accompanied by further hot air mutterings about joint venture partners.
All these hot air mutterings, is met with heavy on market selling, as those privy to the discussions, unload as much stock as they can on the suckers who took the $15 million placement at $00.09 {conditions} of 19 march 2014 announcement in good faith.
The bottom line is finally revealed , on the 30 May 2014.
A measly placement of $2.7 million at $00.042.
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