Ann: Company Update, page-6

What is Sanlam going to be promoting exactly? SCU doesn't even have a revenue producing asset! Why on Earth would anyone invest in a business that does not have an asset or generate any money? In any case, hardly any of the money collected by the company via these half-baked raises is actually invested in the business. It's mostly re-directed as salary payments to Gu and the other directors

I'd love to know what SCU told @randomguy88 that convinced him/her to invest in the August Soph Placement. I assume it was something about the Company's plan to have 100s of aquafarms across Singapore. That ambition seems ridiculous on retrospect considering the company has so far spent 6 months trying (unsuccessfully) to obtain approval for just one single license