But look at that, someone also got 7M options with an exercise price of 7.5c for "services". What services were provided and to who ? Shareholders should be asking, as that would want to be one hell of a great service they provided. Funny that they issue just enough to avoid disclosure of who to and for what.
Why would they need to raise any money if they are expecting $1.5M to come in from Minimum Risk Pty Ltd (related to the MD's son) in March ?
Remember Minimum Risk (funny name considering) is supposedly subscribing for $1.5M of options, at a price of 5c each with a 20c strike
Yet they just gave 7M options away for "services" with a 7.5c strike, and the guys who paid 6.5c for physical stock got a 1:1 free option with 20c strike anyway
I bet Minimum Risk subscribe for none of those options and the $1.5M never comes
What a crock
CSP Price at posting:
7.0¢ Sentiment: Sell Disclosure: Not Held