Well this is not good at all. 77m shares @ 0.003 totally unnecessary.
Only one who benefits is Eugene here and "associates". He is at arms length here and lowered his average significantly.
I wouldn't be surprised if there is a 603 form that comes in.
I had just submitted all the forms which are now invalid unless I pool together... but Eugene will have significant power of the company..
I still don't think he cares though if David goes or not..
Ann: SHARE PLACEMENT TO RAISE APPROXIMATELY $220,000, page-3
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