Its systematic, its hydromatic its like Greased Lighting
The game was the same the MO changed
Step 1 Issue CHM shares to MMX for nil consideration and sell sell sell for cash.
Step 2 Use cash for MMX acquistion of Jack Hills
Step 3 Not enough time to get the CHM stock and sell - just pay the Jack Hills vendors direct from CHM cheque book [see Step 2]
Step 4 Somehow MMX take 5 million CHM shares for MMX from the Cadetta deal that CHM pays over a million bucks for that seem to have a lot less value ??[sh sh dont tell any one] and Repeat Step 1 and 2
also Read the memo exerpts
Fabulous: "Lets get Nicu cashed up"
Could go on and on but read and enjoy yourselves and tell me how there is not something there.
Remember a Statement of Claim is signed by the lawyer - not the Company. In this case a very good lawyer.
This is easy to resolve.
MMX have told the market they have had their forensic accountants review and they can account for all of this - just name the accounting firm [is it PWC?] produce the evidence...test the evidence [fun for all the family!!!]
and we can all get on with other punts.
Happy reading
CHM Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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