Remember "underwritten" for instos/sophs; that's a huge vote of confidence by the broker. The fact that the offering to investors is "underwritten" is outstanding, demanding notice!
I guess that must be true - New meat, sorry new instos/sophs; have come on board as the the last lot in the previous CR, have learnt their lesson. Little wonder that some reports have a valuation of 7 cents. How long will it take to piss this lot of money away?
However, there will always be money made available to pay management wages.
Things might be different if perhaps their salaries were paid as options to be exercised at 35 cents expiring Dec 2023. They might try to create shareholder wealth and they could put their money where their mouths are.
No accountability or thought for the shareholders
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Remember "underwritten" for instos/sophs; that's a huge vote of...
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