The $770,00 is gone and it will take a further $100k or so to find that out. The shares issued to these muppests, unless in escrow could be anywhere now, including been sold, so there is little chance of cancelling them. Fees to consultants either in shares or money is also gone. This is a $1 million stuff up cold.
Landstead will end up owning this and unless there is a serious upside for them with a vend of sorts, it will die a painful and unnatural death.
The board needs to look at their intent and integrity in business. If they can truly say they did their jobs with the best intent of the shareholders, I'll walk on water.
I vote we sack those responsible for this absolute debacle and find a replacement board and management team who can find a way to fix this awful mess.
"This is just my opinion, I am not down or up ramping"
If pain persists, see you doctor or local barman and ensure you follow the instructions at all times.
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