AQX 0.00% 0.6¢ alice queen limited

Ann: Trading Halt, page-18

  1. 480 Posts.
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    The goal is to maintain exec salary. AB has the perfect formula. Get paid a lot, do very little, wait until the coffers run dry, spin some sugar then dilute shares to raise more money, repeat. It's a proven strategy - until there's nothing left...

    So now there it almost nothing left. Face it, it's a sinking ship and Alice doesn't have the resources to do anything except pay AB every last cent.

 
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