MEL 0.00% 0.5¢ metgasco ltd

placement, page-40

  1. 323 Posts.
    yes cash is needed but why not include the current shareholders be involved in the participation of it..
    placement in a blink of an eye at 20cents or whatever bidding might come up to. existing shareholders should have been offered too...why only 10 million dollars...go to $20 million dollars 10 to 'SMART INSTOS' and another 10 to current shareholders....
    10 million only....later 6 months share back in doldrums at 20 cents languishing for months...24 months later big news again offereing 10 million to 'SMART INSTO WHO HAS JUST DUMP THE WHOLE LOT".
    WTF???
    like this in circle and circle too bad i got suck up on it i guess.


 
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