WFL 0.00% 0.3¢ wellfully limited

Ann: Delay in Finalisation of Capital Raise and Half Year Report, page-48

  1. 612 Posts.
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    To extend the options all they had to do was offer options holder; of 31 March 2023 options, to pay 0.001 to take up the extended option to say 31 March 2026. That's what they did in 2010 and would take 30mins to get the offer out via Automic.
    Very simple and easy to do but then this is the Olympic team of grifters.
    Given the $20k a day cost burn to run WFL we will probably have to have another capital raising as the current one will be absorbed by the IOU's at 50% interest rate.
    There is clearly a Mexican standoff with terms for Capital D's crap assets (2 x shopify websites with 3,000 instgram followers on products that make no money most likely losses) and the capital rasing price. Good old SS crew at Capital D want to lot for zip.
    A sad joke this company.
 
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