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12:36
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Originally posted by Metalduster
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Noticed a million and change going out last couple of years (2018-2019) to Legal fees etc between .......US$136,345 (including US$18,000 unpaid at year end) (2018 : US$227,414 ) were provided by Fasken Martineau DuMoulin LLP. John Turner .US$37,800 (2018 : US$7,441 paid) was paid to New Haven Learning Centre for sponsorship of an event. New Haven Learning Centre is a related party of....... John Turner US$232,783 (including US$29,500 unpaid at year end) (2018 : US$631,946 ) were provided by Allende & Brae. Allende & Brae are a related party of ...........Florencia Heredia. 2018 : US$35,263 ) were provided by Bacchus Capital Advisers Ltd. Bacchus Capital Advisers are a related party of Peter Bacchus so it is, what it is. I was wrong.
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What was the share price when many on here were advocating the company do a buyback? I believe it was a few multiples of the current share price? That would have been a disaster. The GXY piggy bank would be worse than what it is. The share price would arguably be lower than what it is now. Even with less shares outstanding, they would be even closer to a CR, which would ironically result in more shares being issued at a fraction of the share price the company did a buyback
Too funny!
