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GarfMate

369 Posts.

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02/07/24

08:48

Post #: 74559426
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Originally posted by bungalowbill: ↑

If a stakeholder had an interest, it could be sold , before a 99.983 per cent devaluation via two consolidations.

Then an entity to finance the company via susciptions to convertable notes, at dramatically lower values, could be entered into. So company ownership could be transferred in a round robin process.
So the company could be kept financed though one group loosing their money ie the initial shareholders.
Out of all the shares awarded to stakeholders , not much seems to be hung onto.

The business dealings that were hung onto were the loans on 36% compound interest. The principles of some of these loans must have been paid out in interest over 3 years.
Original holders could have replaced their shares 7,500 cheaper if they knew about the timing of the consolidations.

The shares being bought now are approximately 7,500 cheaper than that of the original holders , as this is the devaluation multiple.
How come this GPE equipment keeps getting awarded shares, is it in lieu of wages ?
I wonder if those who work for the company also have a company business name & ABN that is awarded shares , voted on at AGM's.
For trasparency, we would really need to know who is behind these companies.
This company seems to have been financed by smoke and mirrors for 11 years as it has had no income.
Amagine if employees had share accounts managed by the company & wages were paid by shares awarded at AGM's.
Could this be the kind of activity that explains why they don't focus on producing gold , like other gold companies .And the reason why have they produced around 40 billion shares. And only 950,000 dollars of gold from the last 2 million dollar capital raise.

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In other words it's time to buy some more bubble. Gather your dry powder

CLZ Price at posting: 0.1¢ Sentiment: Buy Disclosure: Held
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1 Great analysis

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