Anyway this CR designed to rob retail and feed in to hands of Bergen.
$400k layby on 6M shares plus options. Plus 16 percent probably handed over from Giles and others.
I will let my options lapse rather than trade them on market or exercise them. This way less dilution for whatever it is.
If you give someone extension of time they will want more. If you give them move to keep lights on they will want more.
If you tell someone to make some serious decisions rather give them money for a short term fix they will because they have to.
This dilution will not be the last if they get comforyable asking for money and making bad decisions (bergen).
They need board and management renewal costly or sell something off. Wanbao may not save them.
What is plan B? CR mark 2? More laybys from bergen?
This CR needs to fail...
Sitting in the bush 20 or more years with great assets is not the a plan.
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