@bloat The first red flag was when AJM did a financing deal with...

@bloat

The first red flag was when AJM did a financing deal with 3 loan sharks for extortionate up front fees and a 14% to 15% interest rate. If this project was so good, why could they not secure financing from banks? Just wait until the shares are issued and options exercised

The second was doing a placement to unnamed investors at significant discount to last traded prices when the project is months from production. Why not do it at market or a small premium to VWAP, especially if it was "heavily oversubscribed"

Just compare the deal AJM did with the one PLS recently did with Great Wall Motor Company and there lie your answers