KML kangaroo metals limited

Sales,70million shares at .001 for the right to take control of...

  1. 46,202 Posts.
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    Sales,
    70million shares at .001 for the right to take control of the company without guaranteeing anything is ridiculous. What do these people bring to the table that will benefit existing shareholders. You seem to know something about KMLs current financial position but most of us know nothing. I still ask did the previos board appoint the new Board or did the remaining director do a deal with this so called consortium. Are these Board members also members of the consortium? What assets are available to the company. Who owns the geomapping facility? If the company has been operating while insolvent then I prefer independant administration and investigation as the way to go. The Directors that jumped ship probably have got some explaining to do do.
 
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Currently unlisted public company.

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