CTO citigold corporation limited
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So where are we at? 1. $100m rescinded. $3m initial tranche,...

  1. Katumbus
    190 Posts.
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    24/06/14
    12:46
    Post #: 13564053
    So where are we at?

    1. $100m rescinded. $3m initial tranche, converted to shares, becoming one of the largest shareholders. They are waiting takeover vulture and/or will be looking to dump their shares onto the market?
    2. Who are the other potential investor interests?
    3. $500K 6 month loan @ 12%pa plus 20m options @3c. Sweet deal for that banker.
    4. ATO $900K R&D concession refund.

    How much money in the bank?
    Last edited by Katumbus: 24/06/14
    CTO Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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