Ann: IonicRE Raises $5.5 Million in a Placement, page-35

My broker didn't even tell me about the free F'ing options as I couldn't participate as was closed as soon as they announced and WTF is with the extra-long option expiry date...

So, this director was given 38,461,538 shares at 0.013c, all-time SP lows costing $500,000
Then gets 3 options for every 4 shares bought.
Which is, yes free 28,846,153 options, which he can sell, reducing his buy price which ultimately means he pays probably around 0.0065c per share.... What a disgusting rort imo....


We need to remove this board before they take us all to the cleaners imo... Just so glad now that I sold a heap and took $1/2 Mil profit... Mrs. son was smart he bailed at 9.2c.... We may never ever get their again and just wait for further big losses when this company ever consolidates... Sorry but as far as I am concerned the board have to go... This is serious mismanagement of our investment guys imo and are a disgrace imo....

We don't have to wait 12 months to spill the lot I can present a 249D at anytime and company calls EGM to vote