Two of the new directors have invested $150,000 between the two of them into the company. Matthew Bull 50,000 convertible notes & Nick Johansen 100,000 convertible notes. Announcements 08-01-2020 and 13-01-2020.
That way PSL were able to get needed funding to get us over the line with the ASX to come out of suspension. Come October 2020 they will convert the notes to shares and will have 150,000,000 shares in the company. That to me shows they are willing to put their own money into a venture they believe in.
My comments/posts are based completely on my own experience thoughts and interpretation along with my current financial position at the time.
Conduct your own due diligence, consult a licensed financial advisor or broker before making all investment decisions. As usual, all constructive criticism welcomed. Good luck to all that hold.
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