OJC 2.94% 17.5¢ the original juice co. ltd

Ann: Change of Director's Interest Notice, page-2

  1. 16,549 Posts.
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    Am I missing something here?!

    “By agreement with the company this share subscription agreement is now terminated and the Tranche 5 will not be subscribed for. As a consequence, it has been agreed all performance shares are cancelled.”

    Poof...$5,940,000 forgiven...is that it...no compensation to shareholders...no penalty...no notice...no nothing?
 
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