The frustrating thing here is who ever brought this to the table and approved it did not do the correct DD. We had previously the Cyprus deal that shareholders stopped and just as well it has not done what it was supposed to do.
Desperate people should not be making decisions on behalf of others, especially shareholders of a public company.
Present and past management have been quick to rubbish old management but have they delivered anything to the table for shareholders. There have been 2 1/4's now that announcements have indicated that there would be some form of revenue into the company but alas this has been none.
Yes Cabe there should be full disclosure on who is selling and who is buying. With all the free options and all the giveaways that have been created over the last 12 months someone is benefiting greatly.
Perhaps these projects may be worthwhile(they have not been to date), but a new totally independent board needs to be put in place to assess and if possible turn the company into a profitable entity if not quit it and get a decent project.
IMO DYOR
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