Hi Dan ! This project could have started long ago with one of the holders owning 6-8 billion or more. Maybe the project isnt as rosy as what people are saying otherwise a mere 200 odd mill would have been put up long ago. Once the 8 mill is paid back to the forrest family in july this company will be looking for cash and it seems that nobody wants to lend poseidon a razoo . will they wipe the debt out and dilute the current shareholders and give mr forrest more shares ? You bet ya ! just have a look at the register
Ps just out of interest Dan i'm going to go over all moneys raised by poseidon through all there announcements since taking control of this company and tally up exactly how much has been raised and spent . I think people will be shocked to see whats been spent to where we are. Cheers mate
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