Transparency of a group of the companies shareholders trying to protect their investment is a real issue. How did it get to this point.?
The management of the company got to such a desperate stage that the only idea they appear they could come up with to fund the company was to let traders profit from its shareholders. That is the reality of the new convertible notes instant discount into shares. This has seen some shareholders sell up to become traders on the existing shareholders and we now see them on this forum, some without shareholdings debating the evils of the existing shareholders fight to protect their investments. Talk about the pot calling the kettle black! Has the current management turned its own existing shareholders from a few months ago against each other ? are they still displaying an arrogant attitude to discussions with the investor group?
We can see the shareholders of the company that have sold out to buy notes a mile off by their posting style, raising any point that comes into there greedy head. If the amendment of Resolution 7 is proven to be invalid then the convertible notes were voted down in the original resolution. The tribe has spoken. At least at this point the shareholders that sold out to feed off the existing shareholders ( to buy notes) don't get to vote on how the company will be managed in the future.
