How wrong I was. Michael Gregg definitely not walking away.
Are these shares part of the first tranche of 40,000,000 shares?
Can anyone explain how it is that Michael Gregg can be offered the opportunity to purchase these shares without anyone else being offered the same opportunity? I get that the company can borrow money from whoever the board approves, but what is the legal mechanism that an entity can be given the sole opportunity to buy an tangible stake in the company?
Ann: Change in substantial holding, page-3
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