Actually the lower the SP goes the less likely legally the $7.5m placement can take place.
According to corps law they cannot place more than 30% without shareholder approval.
At 1c the game is over for placement unless they seek shareholder approval and that may be when we as shareholders can seek removal of certain directors and salary changes
Interesting times are coming very soon
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Actually the lower the SP goes the less likely legally the $7.5m...
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