The share price was 1.9 cents and had been 2 cents a few days earlier and is now 1.1 cents and the dilution will be around 35-40% if they vote for more shares. This video looks like it was taken around 17th October, the day after the trading halt and I find it amazing that he is talking about $1 million a month in free cash and then did a capital raise of $3.75 million when the headline announcement was $1 million to be raised with the option to raise more. Just imagine if he had stated that he was raising $3.75 million at the time.
I also detected a very arrogant manner and I think this fact explains a lot. I have stated earlier that I do believe in the ASSET but I think we need another CEO and chairman. Also remember he changed the name of the company and did not update the website for well over 6 months. When you googled the company nothing came up....quite a disgrace for a public company and fits with the arrogant profile
CTL Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held