re: Ann: RAU enters into agreement to sell Am... Tell me: Ray wants to keep sp @0.001 to develop an insecurity among the retail investors and push them to agree on the deal. Further, he wants to convince the shareholder that the deal @7mill is a good offer. Does he want to earn more money by buying the shares @ 0.001 and selling them to LionGold @0.002 (100% profit) shares. Unbelievable
Transaction
10:47:10 AM 0.001 25,872: value $25.82.
The shameless Ray milked RAU shareholder’s investment up until today. One year ago, he confidently rised a capital of over $6 mill to progres the prospective project in Bolivia. Where are the money disappeared?
It seems, he raised the money for paying himself a high remuneration and plenty of holidays in Bolivia.
Now, he wants the RAU flagship project to sale to LG. However, the contract offer is a fraction of the investment expenses (35 mill).
Ray is highly incompetent person. He is personally accountable for RAU mismanagement. We've got a voice and might call him for the director’s mismanagement liability. He also sold the Australian assets toward a flagship project. But from the beginning he was aware of a risky investment. He new that not having $160 mill to develop the project, the project is dead. Let see how it pans out.
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re: Ann: RAU enters into agreement to sell Am... Tell me: Ray...
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