Is this possible. Got all this money from MRE solves present money problems. Now what advantage is there in diluting present shareholders holdings for the sake of a lousy $2 million. If I was involved I would let options lapse. DO NOT rush anything contrarty to 'Poseidons' opinion. If they find anything they can issue another 10% in shares. This is a smaller percentage than the 60 million options. They could issue 35 Million shares at 6
cents.Raise approx same amount of money and therefore dilute their shares by less. I cannot see any advantage in announcing anything until options lapse. Just remember directors look after themselves FIRST...SECOND............. INFINITY .
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- hcyo's never had a chance. imho
HCY
halcyon group ltd
hcyo's never had a chance. imho
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