What Ted says and what Ted does are two different things, however you seem to debate facts with opinions so what's your opinion on this and better yet you got any facts to prove this incorrect?
Here is one just approx. 2 months after this 'not paying with shares until SP recovers' posted at 3.7c but yet issued at 3.4c and Pre COVID.
Here is more and these don't include the Alto stuff (except if they were on the same notice)...
Then you have the post COVID stuff
You could even argue that the most recent CR was also issuing shares to creditors except this time the creditors got paid cash and instead investors had to pay up the cash... Despite these directors loans that would of been able to pay for these debts but they were extended by the board only a few months prior...
In March the SP was 1.5-2c but instead they raised to pay off these debts at 0.55c.
Don't worry I understand you position being in at IPO and 'averaging down' through the hole time that the losses are likely quite dramatic however there are massive issues and you are still calling it a turn around and Ted has learnt from his mistakes but yet these things still keep happening except now Ted cannot even afford to pay staff in a traditional sense even as recently as March this year.
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