You are one of the few who got it right:
1. 100m shares at 10
2. 125m shares at 8c
3. Now 200m shares at 5c
It is just a re-negotiated loan for $10m at the original Ts & Cs for the next 3 years
He could have paid it back several times but chose not to. For example, he just paid $3m in cash at RAD for 75m shares at 3c and will do something similar at CHM's jext CR.
PH reassured us via the loan agreement that the shares are held by MBank ad security and won't be used for any activities. Whether that's true or not, who knows.
But that strengthen the need for an independent retail director, Jesus Christ - Holders wake up and nominate someone to represent us and to put pressure on Hopper to do the right things.
TB, you can call me all the names in the book but that won't change anything.
We've got 80% of voting power, for God's sake, use it.
GLTA
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