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2,922 Posts.
123
16/12/10
14:19
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Yes Yorkshireman.
La Jolla trashed the share price to the point where INL did a cap raising to stop further damage.
MAE now has $12M in Convertable Notes to TTT and La Jolla.
There is also the banks $5M convertable note.
La Jolla destroyed INL with just $2.6M
When TTT, La Jolla and the bank start to sell off their shares it has the potential to be very damaging for the existing shareholders.
The real winners will be TTT, La Jolla, the Bank.
and those that buy low in the next 12-24 months provided the company actually starts to deliver.
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