Not only have the company just issued an additional 50 million shares one hour before the deadline for votes to close, these shares are issued "to a contractor and an employee in part consideration for the provision of services and including agreed termination of long term consulting contract". Not only are the board risking a very expensive law suit but how did they not have the money to pay these people out, presuming the people involved did have a legal entitlement to the money in the first place!
Ann: Secondary Trading Notice-RMX.AX, page-3
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Mkt cap ! $3.423M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $14.29K | 14.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 156676 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 126313013 | 32 |
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