SPX 14.3% 0.8¢ spenda limited

Ann: Trading Halt, page-7

  1. 1,926 Posts.
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    As correctly predicted...another cap raise. Their primary business should be cap raisings. A review of their past reports will show you how many businesses these guys have moved into that have been an absolute disaster.

    They did a 100:1 share consolidation 2 years ago when they were at .001 and after the consolidation with the shares trading at 10 cents the share price down got down to .002 cents again!!.....through failed business ventures and cap raise after cap raise causing masssive dilution to shareholders who have lost a lot of money.

    And once again more massive dilution is coming. There will be an avalanche of tax loss selling coming after this.

    I wouldnt be surprised if they try to do another share consolidation again. What a disaster.
    Last edited by rob80: 09/06/20
 
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