The scary thing is how obvious the real motivations are for this rasing. It's a clear play to buy enough votes to resist the shareholder revolt.
I wonder how much Zheng received in payments for the placement?
I'm no corporate lwayer but surely this cannot be legal? - issuing shares for a fee to buy votes?
This needs to be given real visibility in the press - anyone know a journo at the Fin Rev?
This saga has become a joke. A really unfunny joke.
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