"The cash they just raised should be given back or voted down by the big holders at the AGM as part of the condition of the raise was getting finance for the project so how can these big holders who chipped in at 4.25 cents accept it."
Good morning Cujo
1) Some of the cash has already been spent so how would that be possible and even if it was what would the mechanism be? The only way some $$ might be paid back would be if an action by the placees was instituted and that hasn't happened (yet....).
2) It isn't on the AGM agenda so how could it possibly be voted on?
I think you're dreaming - get a grip my man!
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