Uttsey, under the subscription agreement CLZ needed to get...

Uttsey, under the subscription agreement CLZ needed to get subscriptions of 1 million dollars and the underwriters would have had to take the other million dollars worth. Instead CLZ got stuck with, 2 million dollars worth less the $137,000 worth that were subscribed for .

I very much doubt there is anyone foolish enough to buy them. $1.63 million of shares at 4 one-hundreths of a cent is a hell of a lot of shares and they will almost certainly expire without a buyer and worthless.

My guess is they are likely off doing something else, and they don't give a dam what happens to this debt ridden basket case, and it will likely be folded at some time in the future.
It took them long enought to report on the capital raise.

We are left to trade insults with their sole supporter. What a bunch of wasters .