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4.1¢ olympio metals limited

Dorian’s group for possible legal action Ideas., page-325

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moorookamick

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22/02/20

21:44

Post #: 43092547
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Originally posted by DoriansMirror: ↑

I have thought about this. There will be a record of who contributes what, so if we win a legal case contributors will get reimbursed. I also think that some crowdfunding pages only take the money if the entire amount is contributed, so that won't mean people are out of pocket and then need to get reimbursed if we don't reach the target.

The main problem with this approach is that it would need to go into a bank account. I am taking the lead and dealing with the lawyers, so I assume it would me my bank account. I know I'm trustworthy, but others may not.

We might be able to set it up so that the money goes straight into the lawyers bank account. That is something I will need to talk to the lawyers about.

I am going to wait until the ASX has finished their enquiries into CLI's trial hemp farm so people can see the support there is to find that the Directors actually withheld market sensitive information.

I will probably go ahead with this in due course.

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Solicitors have Trust Accounts which protect clients' money, so, IMO , this would be the best way to hold the deposits
Cheers
MM

CLI Price at posting: 3.1¢ Sentiment: None Disclosure: Held
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