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Ann: Suspension from commencement of trading today, page-29

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númenorsherbert

144 Posts.

37

31/08/22

19:14

Post #: 63443868
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Originally posted by Spekul8: ↑

might want to look closer at those figures from the update up around the $300k aus

US$157,539 was spent undertaking due diligence and
preparation of documentation for a RTO. After 30 June 2022 a further US$58,682 was spent with
further unbilled advisory time to comenot to mention the director fees

Payments to related parties (director fees) during the quarter totalled US$24k.

these guys are milking our funds , time to get SH together and demand return of investment

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You're right. They could potentially continue this charade of paying themselves until enough funds are burnt lowering the dollar value of the company thus opening up the door for a cheap RTO bid from whoever bites.

SE1 Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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