smidge did invest 1.5m at a premium at the end of 2018 so a view was probably formed that they would come good at some stage. at the moment the fact is they either can't or dont want to provide the remaining funds. like someone else said these are type of character s you meet at this end of the market. going to sophs costs less becuase there is no need to issue a prospectus. yes the kains and other directors are well overpaid. what is anthony kain and the non execs actually doing for the cash? i think all the directors would be concerned about about their liability given what has been repeadly disclosed to shareholders regarding the funding..the auditors could not seem to find any paperwork. hopefully they all have enough to lose that their pure self interest gets the company over the line.
PIL Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
