Having been burnt before my interest here is transparent. A word of caution. A counterweight to the sales pitch of nothing but rumour and pseudo-fact.
Someone is already pocketing 500% returns on this stock as hopeful newbies blindly jump like lemmings onto it.
For any meaningful projects this company will need to raise capital. So of course they will orchestrate a 1 cent plus SP.
They can gather capital at a 500% premium to their 'risked' capital and sell back into the market within a year WITHOUT DOING ANYTHING.
Yes shell companies sure are useful vehicles.
For some. IMHO. DYOR. Discussion only pertaining to my investment decisions. Not to be construed as advice or comment on what is actually happening in the case of this or any similar company.
Position: AVOID
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Having been burnt before my interest here is transparent. A word...
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