Australia's largest stock trading and investment forum Australia's #1 stock forum

Are you both going to Docusign the paperwork with the extension...

First 170 Last

Share
Profile

Follow
traderforever

27,451 Posts.

93

01/07/22

08:55

Post #: 62311243
Share

Originally posted by Applewin ↑

Thanks and agree with the points you raise. You are lucky it has only been 12 months for you. This would be at least the third time the company has mucked around with the documentation for the same instrument.

As shareholders there should be information rights on the terms of any strategic partnership and / or any other instruments that are used for funding (debt, equity, hybrids). I wonder if any new money has been raised over the past 6 months?

I struggle to believe there are current commitments for $5m+. If this was true the best pathway would be an IPO. I wonder if they are dressing up old information.

Can we get the financials? I hope new money is being used to fund growth, rather than clean up outstanding bills or claims.

How are the management determining their equity? They should also suffer the same dilution as everyone else.

Regardless management need to be replaced. The update from one of the recent Zooms was pathetic. The CFO, Sandra Hooker was a stunned mullet and just repeated the investor update from last year.

Expand

Originally posted by Lefevre ↑

It's been over 4 years on my convertible note.

Expand

Are you both going to Docusign the paperwork with the extension to September 2020 once they email it out or just ignore it?

Last edited by traderforever: 01/07/22
Upvote

Reply

There are more pages in this discussion • 73 more messages in this thread...

First 170 Last