Today's quarterly announcement says it all.
Cap raising next quarter.
Expect the share price to dive ahead of the formal announcement.
Directors have generously offered to take a 25% pay cut - what a joke.
They will all have their grubby mits out for a bucketload of el cheapo options at the next AGM.....
......when shares are back at 3c and the cap raise is done at 2c.
Throw them under a bus - they are all hopeless.
Dilution will be monumentally huge.
Take you money and run while you can.
Mind you, just remember that I still think that these guys are actually trying to engineer a transfer of control to private interests.
Yep - my little conspiracy theory.
You have seen the share price collapse - you be the judge.
DYOR
DDD
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