This failed small medical centre operator now going into mining in Saudi Arabia (GAG), with 307 million shares on issue-cash of 5.8mill-issues=5.5mill, which equates to 337k cash in real time, has just issued another 629 million shares in what must be the biggest con in history- now 953 million on issue.
This is madness, no wonder the spec market is getting hit hard, this bunch are going to find it near impossible to raise funds in the fast approaching credit squeeze, as are all the rest of the dodgy's-if you own something like this(near on impossible) sell it tomorrow-- this is the end of cheap credit-read others super funds--this is upon you now-and I dont mean ponder about it either
a new record
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