As we all know, the company is running out of cash so why use up the remaining funds to pay people’s salaries when you can issue a massive amount of new free shares and then they can dump it into retail to get paid?
They don’t care if the price goes to 001 at this point - they need to extract as much money out of the retail holder before they fold the company IMO
Ann: Issue of Shares in lieu of Net Salary, page-82
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