Do ANY of us REALLY know whats going on over there..!!!!
"In court papers prepared by the minority shareholders, they argued that Amed outmanoeuvred Genorah entirely, creating a situation where the fund would effectively take control of Genorah (and, through it, Nkwe), for the grand total of $4.5-million – plus nothing more but the promise of further funding. They also argued that bargain price was arrived at through an irregular process – they stop not quite short of alleging fraud."
This idea of AMED takin control for $4.5 million was canned on here only last few days....so Im confused & pissed off with the whole saga...!!
NKP Price at posting:
7.9¢ Sentiment: Hold Disclosure: Held