getting shareholders to participate in an equity’s raise by misleading shareholders as to the issueless progress of production all in order to what it seems to allow debt tranche transfer to the company
and then call in the debt
outside shareholders should not be taking the full brunt of the loss here …there was complete negligence and from the debt providers and misleading commentary from the company
but outside shareholders have to suffer
SO4 Price at posting:
31.0¢ Sentiment: None Disclosure: Held