MKR manuka resources ltd.

Ann: Additional $2.4 million Funding Raised, page-7

  1. 625 Posts.
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    "Dennis Karp, Executive Chairman commented: “We are again pleased to have completed a convertible note raising totalling $2.4 million, with strong interest and support from new investors.”" - I honestly have no idea how they get 'new' investors. Having never made a profit as the debt was always greater than the money from sales (although they could argue there were a couple of quarters in the past 5 years where they made more than they spent), and now a complete halt on activities as there is no money to build a new plant or produce anything.... maybe they're sourcing funding from the mental wards of NSW hospitals? Sorry to be so negative but I really am perplexed who would invest given their track record unless they are incapable of understanding the history??
    Last edited by Gratton44: 20/01/25
 
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