RHK red hawk mining limited

Action, page-9

  1. 1,748 Posts.
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    My biggest worry is that management borrow against  PIOP if the next fund raiser doesn't reach their full requirements, they then go to raise cash by way of a loan through, you guessed it,Todd, if they do, its all over, Todd will get what they want for the value of the loan, they just have to make it a big enough loan so there is no way FMS can pay it back, then a transfer of ownership would be made to Todd for PIOP for not being to pay the interest, we already know the interest would 15%, if this happens before the 31DEC. but after the AGM, we do not have leg to stand on, what do others think. Please comment.
 
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