The entity is basically insolvent but still staggers on….while “ assessing multiple finance offers”
one recently reported as a Mr. Wall..who advanced $1 million with no interest for 12 mts ( default interest after that being 15%) anyway for Mr. Wall’s consideration he was granted , yes, you guested it, half a million shares . For the sake of balance It must be said that the company has already paid back Mr. Wall K400.
The auditors report really says it all.
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- Ann: Half Yearly Report and Accounts
Ann: Half Yearly Report and Accounts, page-2
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