Ann: Annual Report to shareholders, page-26

Not much point in asking the 'independent' chair @Basileus - gawd known why the word independent is attached - what does that actually mean anyway in terms of being chairperson of a company ? Plausible deniability ?

Look, he was happy to accept a $10,000 raise ($30k to $40k) for the last FY so it'll be interesting to see to what extent his pockets will be lined in his new role.
The outgoing Chair wants 70,000,000 shares as owner of AGMPL for leaving two months into the new FY - extrapolate that rip-off to 12mths (420m shares) and it equates to (at an sp of 0.004) $1,680,000 !!!
Ok, that has to be voted on next month and her own current shareholding (as well as shares held by Volcan which is a related entitity) shouldn't be allowed to be used as part of that voting process - but what are the bets there's a loophole there eh...

Then as @Dgold says "What did we get for that loan?"
Mate you haven't seen the half of it !
In the recent FY report, the word 'loan' comes up 27 times...in 95 pages...

Then in the June quarterly, they say :-
"As previously advised in accordance with accounting standards, cashflows relating
to the joint ventures - Pharmocann and Canntab, are to be reported as loans to
and payments from other entities from this report onward. The reported amount
of $144k under 2.5 cash flow from investing activities relates to R&D and marketing
expenses towards the Canntab and Pharmocann joint ventures."

Why have a situation involving LOANS at all - do they think it's clever accounting to have a revolving loans door wherein the market doesn't know, or gets disoreintated, what's coming in or going out in the darkness ?
Did they think that clause wouldn't be noticed by putting it into a quick quarterly paper ??
The para opens with "As previously advised.." - I can't find that advice and they should have pointed out exactly where that advice appeared.....

Imo, the ASX should insist the use of 'loans' in reporting is very much limited so as to keep things black&white

I can't wait to see the next chapter which will involve the skincare saga..it already stinks with needless Expo attendance in France, sponsorship of another event, and an 'intended' full launch in either Q2 or Q3 NEXT year - is this an excuse to squeeze as much as possible out of the Expenses with no realistic timeline to recoup and profit ?
From Mining to Skincare - who'd have thought.
AND they've made the geologist a fulltime employee !
Fantastic !