RGT 2.90% 35.5¢ argent biopharma limited

Ann: Proposed issue of securities - MXC, page-5

  1. 1,881 Posts.
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    I guess when the coffers run dry, the next best option is to offer potentially worthless shares in lieu of payment for goods and or services.

    If these shares were to benefit any MXC director it would need to be disclosed to the public. But let’s not forget that these ‘masterminds’ are able to orchestrate anything in the regulatory ‘grey’ area to benefit themselves, so don’t be surprised if these new shares filter through into their pockets sooner or later, enabling them to sell on market with (again) no public disclosure.

    The only consolation for me is that the millions of shares currently held by these BOD clowns will be worthless when the company folds due to its persistent rampant wages money grab and shoddy management. Or maybe they will last long enough to endure the full force of the coming financial tsunami that will wash them (and others) away for good! Some of you, unfortunately, will be washed away with them.
 
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