Ann: Lady Grey Lithium Project Site Visit, page-138

The sell off got nothing to do with SB being annoyed he lost most of his lunch money on LNR. The issue is if his figures are accurate the 667 million shares issued at .003 and who they were issued to. SB opinion is not worth a brass razoo and if anyone makes investment decisions on comments by anonymous posters on an internet forum well there investing careers will be short lived. The finger should be pointed at management for raising at .003. It would be pure stupidity for the brokers to not offload if there an immediate 300/400% gain to be had to recoup there initial capital and there still sitting on a lazy 100% gain. Management can’t be totally to blame as clearly they needed cash and needed it fast and that deal was the best they could get fast. Best current holders can hope for is the broker has recouped most of his original capital and will now hold off the continual supply and for drilling results to be good as expected so then it’s a win for all involved. I would be near certain there would have had to have been some form of gentleman’s agreement to stop dumping once you have recouped your initial investment as they got an extremely good deal. Bit hard to blame anyone as it was pretty much the case of raise on brokers terms or fold. Pointless blaming SB as he just annoyed how corrupt and manipulated the spekky end of town is and has been burnt bad.