Go back and read the announcement Anders and you will see that following the consolidation the directors where to do a capital restructure.
The capital restructure caused the need to place $3m in a special bank account. Now either the directors didn't do due diligence or they are plain fools or knew that they needed to do a CR after consolidation.
You and raccoon both wrong, in my opinion in thinking that there never was a plan to do a CR after consolidation.
The directors should be made to come clean and tell shareholders what they are doing.
Not only are they raising the $3m for the bank account but another $3m on top of that and that in my eyes proves that a cr was always going to be the outcome.
DYOR
MOY Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held
