Well said Elphamale.
I like your observations and share the dismay.
XPE capital management is the worst I ever seen. Which bright spark on the BOD thought that pre releasing a $7.5m placement at 80% vwap whatever the price may be and then also releasing a bonus issue before (what for), and who can ever forget the annoucement in bold of the Convertible Note Issue where they bragged they had raised funds from a major insto fund (not) and at a premium (massively not). That CN is and was the most odious and share price distructing instrument ever created.....it is for last ditch companies with no where to turn for a last roll of the dice. The companies that issue these types of notes usually always go under.
What bright spark on the BOD approved a director to be paid bonus cash payments for raising funds for the company. on top of an excess salary package.
The corporate cost of this company are now almost the same at the market cap.
A total shame
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