It's just like the mining boom around the 1970s. (I was there)
Broker finds a dumb issuer.
Does a deal that includes loads of options and places the shares at a discount with his mates. Collect fee.
They flog the shares a a profit immediately and they've got the options running for nothing.
Next move- find another dumb one.
Ann: Proposed issue of securities - ATH, page-4
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