Management

  1. 295 Posts.
    lightbulb Created with Sketch. 109
    Another cap raising and more dilution. Wouldn't be so bad if there was even a hint of positivity in anything they do however all that happens here is just money wasting and further shareholder wealth destruction. $4m market cap and now a 50% dilutionary cap raise and management on near $1m collectively! This is Ludicrous ! All thats happening here is shareholders are funding lifestyle management to do the bare minimum and allowing them to collect a very large salary with little to no chance of ever creating any sort of shareholder wealth or return.

    All us long suffering shareholders need to let management know our feelings so maybe we can get some new competent management that has the ability to build some value

    This crew can not even sell a project to raise funds, they have been selling one for 4+ years now and still have not succeeded and now taking most of it back and in time im sure all of it as no money is ever forthcoming
 
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