it just may not be the bottom, i know it doesnt seem possible but
this is what has happened at MNE
The Capital Raising will be undertaken via the issue of approximately 40,000,000,000 new Metallum shares at an issue price of $0.00005 per share and will proceed by way of a priority offer to existing shareholders in the Company on a 47 for 1 basis (Priority Share Offer). In addition, for every share issued under the Priority Share Offer, each investor will receive one option to acquire an additional share at an exercise price of $0.00006 per share, with an expiry date of 100 days from the date of issue. Subject to the execution of an underwriting agreement, Merchant will underwrite the Capital Raising and will charge a standard underwriting fee of 5% of the funds raised and a management fee of 1% of funds raised. Following completion of the Capital Raising, Metallum intends to proceed with a consolidation of its existing shares and options on a 400 for 1 basis.
you can always have more zero's
good luck to all holders
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