I think it’s time that management explains to its shareholders what is going on here as you would have thought this capital raise would have been explained at the AGM as they would have certainly known this was coming...
I would have also thought that if this was all a perfect scenario just to be able to pay out the executives salaries and directors fees the latest director’s appointment of a substantial shareholder could have sold out most of his shares at an average of .08 cents when his buying cost would average around .025 cents
I would have certainly not come on board and must truly believe in the company and where it is going... ( I had a change of heart here! )
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I think it’s time that management explains to its shareholders...
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