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0.1¢ continental coal limited

Guilty as sin, page-13

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Kiwi67

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27/04/16

07:40

Post #: 17604882
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Originally posted by Sanchez57 ↑

Absolute disgrace. The way they create and then sweat a shell till nothing remains, after rinse after rinse.

23 The long and the short of the evidence is that the only interest that remains within the focus of the defendant is the De Witterkrans Coal Project, the others having been sold. That project is currently in the hands of Business Rescue Practitioners. There is little money in the defendant’s bank accounts to speak of – less than $2,000. The company’sshares are virtually worthless – $0.001 per share. Trading in the shares has been suspended for nearly a year. There is but one Australian resident director, not two, following Mr D’Sylva’s resignation in January 2016.

FWIW, I have passed evidence of CTR 's suffering apparent misappropriation of funds , forwarded to RRL in London , via IR . Failed IOP merger and that spurious loan seems very familiar now. Disgrace.

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That is a perfect word for the IOP merger. Brewer just happens to be at IOP
If you look at the accounts of IGS. You will see another loan to IOP. Just $30k. But that company is broke and has refused to release half year. Brewer there as well.

CCC Price at posting: 0.1¢ Sentiment: None Disclosure: Not Held
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