SRN surefire resources nl

Ann: Company Update, page-17

  1. 8,296 Posts.
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    @Mo1983 I didnt know about this, so hes using SRN funds (money received from Australian public) to pay for his private assets to bring into SRN, surely thats a conflict of interest.

    Lets guess hes making a huge profit off shareholders, selling the asset to SRN for more than he bought it. Thats a joke, should of done a deeper dive here, Ive found another company thats doing that it was a red flag so I didnt get in and so glad I didnt. Check out GMN, had a director there thats selling tenements from his own private company (In Brazil you can buy tenements for thousands of dollars ) and selling these tenements to the public company hes a director of GMN. Basically this is just taking money from shareholders and putting into his own private account. GMN is now trading at 0.001-0.002, should of done that same deep dive here it seems, as thats a massive red flag if true.

    Could you give me some pointers as to what announcements outilned Vlad doing this practice of selling his own assets to SRN.

    Cheers.
    Last edited by amb005: 30/10/24
 
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