Ann: Non-Renounceable Entitlement Issue to Raise $660,000, page-2

No-one wants to pay our salaries.
They know we're going to piss their money up against the wall.


How about we pay ourselves with equity and dilute the pants off the remaining plebs?


Brilliant, but we need cash and we need to be less transparent about milking these idiots dry. Still can't believe they were stupid enough to let us get this far, whilst paying is to do it.


Got it. We'll undertake a 1 for 2 non-renounceable CR at a 33% discount to the current market price.
This gets us the cash which we'll reclaim from taxpayers via the old R&D rebate and not only guarantees we retain full control of the coy, but also increases our relative percentage ownership.
The less other shareholders chip in, the greater our share will be.
Check-mate retail! Muahahahahahaaaaaa