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darkrage

271 Posts.

84

01/09/17

20:41

Post #: 26943465
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Originally posted by Hulahoop ↑

The announcement on the 7th July stated the following:

"From Volt’s perspective, it is important to reinforce that this funding solution is an interim measure only to provide sufficient working capital through to the end of 2017. Management will continue to allocate resources prudently and ensure costs are properly aligned with achieving our core objectives."

5 weeks later... we need to do a capital raising. It's an absolute disgrace and I can't believe shareholders are still defending a company that spent most of your capital on salaries. The CEO still hasn't purchased one solitary share in his own company even thought he was appointed at the beginning of the year, 8 months ago and the price is down 70% during his time as CEO. During this time he pulled out $100,000 in salaries and chose not to buy one share even though he is asking others to buy.

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we need to do a capital raising

There is no "we" when you dont hold shares mate

VRC Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $16.63M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
39	70079358	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	8328211	12

View Market Depth

No.	Vol.	Price($)
39	70079358	0.003
17	23916715	0.002
8	18150001	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	8328211	12
0.005	18501965	16
0.006	9143468	15
0.007	10780001	5
0.008	4864155	6

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