When they floated CLZ, they would have put no money up, only...

When they floated CLZ, they would have put no money up, only leases, but they would have gotten vendor shares, apparently 89 per cent of the shares. They obtained work and contracts over those 13 years. Money to the company & obtained 36 per cent interest (cumulative) per annum. At the end, they paid out those loans, with money they obtained from financiers, when they sold the whole project. Extended family members were involved in the purchase & refurbishment of the Gekko to the tune of 6.2 million dollars. They probably paid less than a million for the Gekko. They only obtained a valuation for its value. But the actual purchase price of the Gekko was never disclosed. Another company paid $662,000 for a Gekko, which is currently being used . Extended family members participated in the company contracts, and members of the family were employed on-site.
Everything was done on the pretext that they were to become a gold producer, but in the end, they sold off the whole project for 7 million dollars. Whilst for many years the CEO received $500,000 per year in salary. Over the 13 years, a total of $960,000 of gold was declared as being produced.CLZ declared losses of over 100 million dollars .