Given that we see the directors issuing loans to their own respective companies, I wouldn't be surprised to see loans to friends either.
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14. SUBSEQUENT EVENTS
The Company advanced $100,000 to a third party with an interest rate of 8% per annum for a period of 90 days. ( no other details)
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2/3/16 - RFN - McGrath and Pride bought $101.454 of RFN through D4G to prop up their SP. Could it be that the $100,000 was to D4G?
CMY Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held