borrow more money to help pay back the 100 you owe....and pay a dividend....and reduce your production...and give away $10 mill of stock at less than production cost thereby destroying your brand....not good signs of the state of play...at this rate it will take them 23 yrs to repay their debt with $6 mill profit pa...assuming they are cashflow positive....equity holders are screwed...beware
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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