RMX 0.00% 0.1¢ red mountain mining limited

Not only have the company just issued an additional 50 million...

  1. 269 Posts.
    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!
 
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